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Industry Dynamics
[Overseas News] US Senate Approves Bill! SABIC Collaborates with Saudi Automobile Brand! Anti-fog Biodegradable Film Launched
2026-07-23 17:52:44

International News Briefs Raw Material News Pirelli, Pyrum, Synthos and BASF launch joint cooperation to convert waste tires into recycled materials. Automotive News A U.S. Senate committee approved a bill to further tighten market access re

Plastic Bottle Recycling Volume Declines, but Overall Recycling Rate in the United States Rises
2026-07-23 17:24:05

Two industry organizations said when releasing the latest industry data that although the overall volume of plastic recycling in the United States has increased, recycling volumes for different types of plastics have diverged. This reflects the survi

Pirelli, Pyrum, Synthos, and BASF Join Forces to Transform Waste Tires into Recycled Materials
2026-07-23 11:52:10

The project collects end-of-life and waste tires across Germany, sourcing them from Driver retail stores, various motorsport events, and the Pirelli Breuberg plant as raw materials for the integrated recycling process. Pyrum uses a pyrolysis process

International oil prices drive regional divergence, asian pp market continues to rise while europe and america face pressure
2026-07-23 10:05:27

I. Overall Performance of the International Market This Week This week, the international polypropylene (PP) market showed significant regional divergence. The Asian market continued its upward trend driven by costs, while the European and American m

【Overseas News】Shipping traffic in the Strait of Hormuz has sharply declined! South Korea approves the reorganization of Liuzhi Petrochemical; Italy shuts down the PE plant
2026-07-22 17:41:51

International News Brief Feedstock News – South Korea Approves Yeosu Petrochemical Restructuring and Commits USD 472 Million in Support to Address the Industry Downcycle The South Korean government has approved a major petrochemical restructuri

Responding to capacity cycles! south korea approves restructuring projects for four major petrochemical firms, allocates $472 million support funds
2026-07-22 16:44:00

Singapore (ICIS) — The South Korean government has approved a major petrochemical restructuring project in the southern city of Yeosu, involving Yeochun NCC (YNCC), Lotte Chemical, Hanwha Solutions, and DL Chemical. The government has pledged support

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Video Library
The Two Blockades of the Strait of Hormuz:From Bargaining Chip to Collapsed Credibility!
Oil Prices Climb; Polyolefin Spot Prices Surge for Second Consecutive Week!
PA Cost Floor Offset by Weak Demand!Market Segmentation Widens!
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