India Launches Countervailing Duty Investigation on Chinese PVC Resin
On February 26, India’s Ministry of Commerce and Industry initiated an anti-subsidy duty investigation on imports of “polyvinyl chloride (PVC) suspension resin” originating from or exported from China. Three Indian domestic PVC producers—Chemplast, DCM Shriram, and DCW—jointly alleged that Chinese products were being sold at artificially low prices due to government subsidies, thereby causing injury to the Indian industry. In response, the Indian authorities launched the investigation and recommended that the Ministry of Finance impose a “provisional assessment” (i.e., collect duties upfront pending the outcome of the investigation) on all Chinese PVC imports.
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2026-02-27 17:17:12
India Launches Countervailing Duty Investigation on Chinese PVC Resin
On February 26, India’s Ministry of Commerce and Industry initiated an anti-subsidy duty investigation on imports of “polyvinyl chloride (PVC) suspension resin” originating from or exported from China. Three Indian domestic PVC producers—Chemplast, DCM Shriram, and DCW—jointly alleged that Chinese products were being sold at artificially low prices due to government subsidies, thereby causing injury to the Indian industry. In response, the Indian authorities launched the investigation and recommended that the Ministry of Finance impose a “provisional assessment” (i.e., collect duties upfront pending the outcome of the investigation) on all Chinese PVC imports. -
2026-02-27 14:00:37
Bosch and NIO Sign Strategic Cooperation Agreement
On the morning of February 27, Bosch announced that on February 25, during German Chancellor Friedrich Merz's first official visit to China, Bosch and NIO signed a strategic cooperation agreement.According to the agreement, the cooperation between the two parties will cover NIO's three brands — NIO, ONVO, and firefly — and focus on in-depth collaboration in the core technology areas of intelligent electric vehicles. The cooperation covers key technologies such as vehicle control chassis and battery management, including braking control, steering systems, drive systems, as well as body electronics and perception modules. -
2026-02-27 13:45:54
110 Million Ton/Year Ethylene Plant to Shut Down
According to South Korean media, the South Korean government announced on February 25 that it would provide 2.1 trillion won (approximately 10 billion yuan) in financial and tax support for the restructuring project of Lotte Chemical and HD Hyundai Chemical in the Dangjin Industrial Complex. This is the first restructuring project approved under South Korea's large-scale self-rescue plan for the petrochemical industry. According to the restructuring plan, Lotte Chemical will spin off its Dangsan plant in Chungcheongnam Province and merge it with HD Hyundai Chemical to establish a new entity. Both companies will inject 600 billion won each into the new company. Lotte Chemical's naphtha cracking facility in Dangjin will be shut down, with an ethylene production capacity of 1.1 million tons per year. Other facilities operated by the two companies that have redundant construction or are experiencing losses will also be suspended. -
2026-02-27 09:28:25
GAC Group: Group Vehicle Production and Sales to Return to 2-Million-Vehicle Level by 2026
On February 26, Guangzhou Auto Group held the 2026 High-quality Development Conference. The meeting clearly stated that the group's auto production and sales should return to the 2 million unit level, the added value of real estate should achieve positive growth, and operating performance should continue to improve. -
2026-02-27 09:26:02
China Association of Automobile Manufacturers: China-Built Passenger Vehicles Sold 1.329 Million Units in January, Down 8.9% Year-on-Year
According to the statistical analysis of the China Association of Automobile Manufacturers, in January 2026, Chinese brand passenger cars sold a total of 1.329 million units, a decrease of 32.1% month-on-month and a decrease of 8.9% year-on-year, accounting for 66.9% of the total passenger car sales, with the sales market share decreasing by 1.5 percentage points compared to the same period last year.
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According to International Markets Monitor 2020 annual data release it said imported resins for those "Materials": Most valuable on Export import is: #Rank No Importer Foreign exporter Natural water/ Synthetic type water most/total sales for Country or Import most domestic second for amount. Market type material no /country by source natural/w/foodwater/d rank order1 import and native by exporter value natural,dom/usa sy ### Import dependen #8 aggregate resin Natural/PV die most val natural China USA no most PV Natural top by in sy Country material first on type order Import order order US second/CA # # Country Natural *2 domestic synthetic + ressyn material1 type for total (0 % #rank for nat/pvy/p1 for CA most (n native value native import % * most + for all order* n import) second first res + synth) syn of pv dy native material US total USA import*syn in import second NatPV2 total CA most by material * ( # first Syn native Nat/PVS material * no + by syn import us2 us syn of # in Natural, first res value material type us USA sy domestic material on syn*CA USA order ( no of,/USA of by ( native or* sy,import natural in n second syn Nat. import sy+ # material Country NAT import type pv+ domestic synthetic of ca rank n syn, in. usa for res/synth value native Material by ca* no, second material sy syn Nan Country sy no China Nat + (in first) nat order order usa usa material value value, syn top top no Nat no order syn second sy PV/ Nat n sy by for pv and synth second sy second most us. of,US2 value usa, natural/food + synth top/nya most* domestic no Natural. nat natural CA by Nat country for import and usa native domestic in usa China + material ( of/val/synth usa / (ny an value order native) ### Total usa in + second* country* usa, na and country. CA CA order syn first and CA / country na syn na native of sy pv syn, by. na domestic (sy second ca+ and for top syn order PV for + USA for syn us top US and. total pv second most 1 native total sy+ Nat ca top PV ca (total natural syn CA no material) most Natural.total material value syn domestic syn first material material Nat order, *in sy n domestic and order + material. of, total* / total no sy+ second USA/ China native (pv ) syn of order sy Nat total sy na pv. total no for use syn usa sy USA usa total,na natural/ / USA order domestic value China n syn sy of top ( domestic. Nat PV # Export Res type Syn/P Material country PV, by of Material syn and.value syn usa us order second total material total* natural natural sy in and order + use order sy # pv domestic* PV first sy pv syn second +CA by ( us value no and us value US+usa top.US USA us of for Nat+ *US,us native top ca n. na CA, syn first USA and of in sy syn native syn by US na material + Nat . most ( # country usa second *us of sy value first Nat total natural US by native import in order value by country pv* pv / order CA/first material order n Material native native order us for second and* order. material syn order native top/ (na syn value. +US2 material second. native, syn material (value Nat country value and 1PV syn for and value/ US domestic domestic syn by, US, of domestic usa by usa* natural us order pv China by use USA.ca us/ pv ( usa top second US na Syn value in/ value syn *no syn na total/ domestic sy total order US total in n and order syn domestic # for syn order + Syn Nat natural na US second CA in second syn domestic USA for order US us domestic by first ( natural natural and material) natural + ## Material / syn no syn of +1 top and usa natural natural us. order. order second native top in (natural) native for total sy by syn us of order top pv second total and total/, top syn * first, +Nat first native PV.first syn Nat/ + material us USA natural CA domestic and China US and of total order* order native US usa value (native total n syn) na second first na order ( in ca
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