Longhua New Materials: Company's Polyether Products Can Be Used in Polyurethane Fiberglass Composites and Photovoltaic Frame Applications
An investor asked on the investor interaction platform: In the field of high-end polyether applications, emerging sectors such as new energy vehicles and photovoltaics have a strong demand for special polyethers, driving an annual growth rate of over 12% in demand for special polyethers. Moreover, the industry is increasing its R&D on low unsaturation polyethers, electronic-grade polyethers, and medical polyethers to meet the stringent requirements of the downstream, such as zero detection of harmful substances and compliance with bio-based content standards. Does the company have special polyethers used in photovoltaics, medical, and other fields? Longhua New Material (301149.SZ) stated on the investor interaction platform on December 4 that end amino polyether products can be used as curing agents for epoxy resins, decorative glue (hard glue) curing agents, wind turbine blade glue curing agents, polyamide hot melt adhesive, electronic sealing glue curing agents, electronic potting materials curing agents, electronic encapsulation materials curing agents, rapid curing RIM, construction structural glue curing agents, polyether amine modified curing agents, heavy-duty anti-corrosion coating curing agents, and curing agents for composite materials such as fishing rods, golf clubs, and tennis rackets. The company's polyether products can be applied in polyurethane fiberglass composite materials and in the photovoltaic frame sector. Currently, the technology is still being promoted, and specific application scenarios are determined by downstream customers based on their own needs.
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2025-12-11 17:14:55
Mexico Significantly Raises Tariffs On Cars, Hitting India’s $1 Billion Exports To Mexico
According to two sources and a letter from an industry association, Mexico has decided to raise tariffs to a maximum of 50%, which will affect $1 billion worth of exports to Mexico from major Indian automobile exporters, despite lobbying groups urging the Indian government to prevent this move. The government of President López Obrador approved on Wednesday to impose import tariffs on hundreds of goods from countries that have not signed trade agreements with Mexico starting next year. The tariff on automobile imports will increase from 20% to 50%, impacting the largest Indian car manufacturers exporting to Mexico, including Volkswagen India, Hyundai India, and Nissan India.Maruti Suzuki ) caused a significant blow.The copy of the letter shows that the members include modern and In November, the Indian Automobile Manufacturers Association urged the Indian Ministry of Commerce and Industry to pressure Mexico. The tariff increase may force Indian car companies to reassess their reliance strategy on the Mexican market. Mexico is India's third-largest automobile export destination after South Africa and Saudi Arabia, with total exports to Mexico reaching $5.3 billion in the previous fiscal year, of which automobiles accounted for nearly $1 billion. -
2025-12-11 14:51:28
CAAM: November Domestic NEV Sales Reach 1.522 Million Units, Up 6.5% Year-on-Year
China Association of Automobile Manufacturers (CAAM)Data released shows that in November, domestic sales of new energy vehicles reached 1.522 million units, a month-on-month increase of 4.3% and a year-on-year increase of 6.5%. Among them, domestic sales of new energy passenger vehicles were 1.425 million units, with a month-on-month increase of 3.5% and a year-on-year increase of 3.9%; domestic sales of new energy commercial vehicles were 97,000 units, with a month-on-month increase of 18.4% and a year-on-year increase of 70.6%. From January to November, domestic sales of new energy vehicles totaled 12.466 million units, a year-on-year increase of 23.2%. Among them, domestic sales of new energy passenger vehicles were 11.715 million units, a year-on-year increase of 21.3%; and domestic sales of new energy commercial vehicles were 750,000 units, a year-on-year increase of 62.4%. -
2025-12-11 14:47:31
CAAM: 300,000 New Energy Vehicles Exported in November, Up 2.6 Times Year-on-Year
People's Financial News, December 11th.China Association of Automobile Manufacturers (CAAM)The published data shows that in November, 300,000 new energy vehicles were exported, representing a month-on-month increase of 17.3% and a year-on-year growth of 2.6 times. Among them, 294,000 new energy passenger vehicles were exported, a month-on-month increase of 17.7% and a year-on-year growth of 2.8 times; 7,000 new energy commercial vehicles were exported, a month-on-month increase of 4.2% and a year-on-year growth of 41%. From January to November, 2.315 million new energy vehicles were exported, a year-on-year increase of 1 time. Among them, 2.238 million new energy passenger vehicles were exported, a year-on-year increase of 1 time; 77,000 new energy commercial vehicles were exported, a year-on-year increase of 1.2 times. -
2025-12-11 14:40:22
Bloomberg Survey: First-Time Car Buyers in China Choosing EVs Soars to 47%, Marked Increase from Last Year
According to a survey conducted by Bloomberg Intelligence, an increasing number of first-time car buyers in China are inclined to choose electric vehicles over other types of powertrain vehicles. The primary reasons for this shift are their affordability, a wide range of model options, and significantly improved charging convenience. The survey was conducted in November 2024 and interviewed 1,000 Chinese consumers who expressed plans to purchase a car within the next 12 months. The results showed that approximately 47% of potential first-time car buyers intend to purchase electric vehicles, a substantial increase from 25% in the previous survey conducted in February of last year. -
2025-12-11 14:37:31
China first heavy industries delivers world’s largest eo reactor for sinopec gulei ethylene project, sets sail from dalian
On December 10th, two EO (Ethylene Oxide) reactors for the ethylene project in Al-Jubail, jointly undertaken by China First Heavy Industries, were shipped from the Dalian Nuclear Power Petrochemical Equipment Manufacturing Base. This device has set a new world manufacturing record for the largest diameter and heaviest single EO reactor, further demonstrating China First Heavy Industries' technological innovation capabilities and extreme manufacturing strength as a "national treasure," as well as the significant value of Chinese manufacturing in major international cooperation projects.
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