ZCE: Promote Polyester Sector Products as Specific Varieties for Overall Opening-Up

At the 2025 China (Zhengzhou) International Futures Forum on August 19, a relevant official from the Zhengzhou Commodity Exchange stated that they are actively promoting the opening of the polyester sector, including PTA options and futures and options for paraxylene, short fiber, and bottle-grade PET, as specific products to the international market. Currently, nearly 800 overseas clients from 33 countries and regions, including Hong Kong, Singapore, the United Kingdom, and the United Arab Emirates, have opened accounts with the Zhengzhou Commodity Exchange.

Recently, global polyurethane giant Covestro issued a warning to its customers that the supply tightness of TDI (toluene diisocyanate) will continue to worsen.According to the latest notice, on top of the already significant supply reduction, Covestro will further cut its supply to the Chinese market by 15% in August.Covestro clearly stated in the notice that contract customers, especially those who are behind on their rebate agreements, should make reasonable arrangements in advance for the coming months. The notice specifically emphasizes that the company will no longer accept any unplanned additional orders, and there will not be sufficient resources in the fourth quarter for customers to rush to meet their rebate targets.

August 15th,Amway shares announced that the remaining two dry-process production lines of its controlled subsidiary, Amway (Vietnam) Material Technology Co., Ltd., have completed equipment debugging and trial production, and have been officially put into operation. With all four dry-process production lines in Amway Vietnam now fully operational, they will achieve an annual output of 18 million meters of polyurethane synthetic leather and composite materials upon full capacity. This marks a new step in the company's capacity layout in the Southeast Asian market.

On the 15th local time, despite being extended by one day, the latest round of global negotiations on plastic pollution governance still failed to reach a consensus. This round of United Nations talks was supposed to be the final round of consultations, aiming to formulate the first legally binding international agreement on plastic pollution (including marine plastic pollution) management. However, just like the meeting held in South Korea last year, the negotiations once again failed to yield results. Reportedly, the talks reached an impasse over key issues such as whether to limit the exponential growth of plastic production and whether to impose globally legally binding restrictions on toxic chemicals used in plastic manufacturing.

On the evening of August 18,Meirui New MaterialsThe announcement states that as of the disclosure date of this announcement, the company's outstanding external guarantees amount to 1.255 billion yuan, all of which are guarantees for its holding subsidiaries. The outstanding external guarantees account for 95.04% of the company's most recent audited net assets. The company does not provide guarantees for entities outside the consolidated financial statements, nor are there any guarantees for overdue debts, guarantees involved in litigation, or guarantees that have been judged to result in a liability due to a loss in a lawsuit.