MIIT Issues New Document: Accelerate Development and Application of High-Performance, Degradable Bio-Based Materials, Develop Non-Grain Bio-Based Fuels
The Ministry of Industry and Information Technology officially released the “15th Five-Year Plan” for Green and Low-Carbon Industrial Development.to accelerate the green and low-carbon development of industry, actively and prudently advance carbon peaking, and help promote a comprehensive green transformation of economic and social development. Foster and expand green momentum in emerging industries. Develop the hydrogen energy industry in line with local conditions, carry out research on key technologies for clean and low-carbon hydrogen production and application, implement pilot projects for the integrated application of hydrogen energy, and expand the use of clean and low-carbon hydrogen in industry, transportation, and other fields. Accelerate the development and application of high-performance and biodegradable bio-based materials, develop bioenergy such as non-grain bio-based fuel ethanol, biodiesel, and sustainable aviation fuel, and increase the application of biomanufacturing in papermaking, daily chemicals, textiles, and other fields.
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2026-10-16 15:40:28
TotalEnergies Cobel Luminy® PLA Global Prices Rise 10% Starting Oct. 16
TotalEnergies Corbion has issued a price increase notice for PLA. The company stated that the global trade environment remains challenging, with no signs of relief in raw material supply or costs related to energy, packaging, and logistics. Although we have absorbed a significant portion of the cost increases internally by improving production efficiency and optimizing operational management, the continued accumulation of costs has exceeded the company’s capacity to absorb them. To ensure reliable, high-quality, and continuous supply, TotalEnergies Corbion has decided to implement a 10% price increase across its entire Luminy® PLA product range, effective October 16, 2026. -
2026-10-12 15:00:54
After Six-Month Standstill, 900,000-Ton/Year Cracker Unit Resumes Production
LG Chem’s 900,000-ton-per-year Yeosu No. 2 Naphtha Cracking Center (NCC No. 2), which has been shut down for over six months since March 23, is scheduled to restart on October 12, the company announced in a regulatory filing on October 8. -
2026-10-10 14:55:00
Three Consecutive Price Hikes Within the Year: Jindan Technology Announces Lactic Acid Price Breaks 10,000 Yuan
October 10thJindan Technology (300829) has issued a commercial price adjustment notice, raising the sales prices of its lactic acid series products (including lactic acid, lactates, etc.) by 8% from the effective date. The company stated that significant changes have recently occurred in the supply and demand dynamics of lactic acid and its core upstream raw materials, with the contradiction between sustained strong demand and phased supply tightness becoming increasingly prominent. After careful evaluation and comprehensive analysis, the company has made this decision to adjust prices. -
2026-10-10 11:44:39
Styrenics Announces Price Hikes For Polystyrene (PS), ABS, And SAN Resins In Europe
Specialty materials solutions provider Trinseo and its European affiliates recently announced a price increase for all grades of their polystyrene (PS), ABS, and SAN resins. The adjustment will take effect on October 1, 2026, or in accordance with existing contract terms. The specific price increases are as follows: STYRON™ polystyrene resin: €310 per tonne; MAGNUM™ ABS resin: €210 per tonne; TYRIL™ SAN resin: €230 per tonne. -
2026-10-08 15:37:54
SK Chemicals Builds Circular Economy Model for Used Banners in Each Region
SK ChemicalsSK Chemicals announced on October 6, 2026, that it will establish a cooperative system for the circular economy of waste banners. Leveraging the “Waste Banner Disposal and Circular Economy Building” project proposed at the Creative Solverthon held in conjunction with the “Social Value Festa,” co-hosted by the Korea Chamber of Commerce and Industry and the Ministry of the Interior and Safety, SK Chemicals will formally collaborate with MOA, DAEHAN MEDIA, UPCLOTH, and the Resource Circulation Team of Seogwipo City, Jeju Special Self-Governing Province, to form the “Waste Banner Circular Resourceization Consortium.”
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