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Industry Dynamics
Lantiche Group To Shut Down Italian Adipic Acid Production Plant
2026-07-27 15:43:12

Lantian Group will close its adipic acid production plant in Italy. The relevant production line has fallen into losses, partly due to intense competition from the Asian market. Approximately 140 jobs at the Novara plant are at risk of being cut. Rad

Turkey Advances Over $3 Billion Petrochemical Cluster Aiming to Replace 17% of Polypropylene (PP) Demand
2026-07-27 14:12:27

Turkey is building a large industrial platform in the eastern Mediterranean that integrates petrochemical production, ports, storage and transportation, and energy infrastructure. On July 23, 2026, Rönesans Holding announced that the total investment

Dow's Polyethylene Products Post Strong Profits, Performance Beats Market Expectations
2026-07-24 16:18:22

Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow

Greene Tweed and Arrow McLaren Jointly Develop Lightweight Racing Components
2026-07-24 14:30:23

Greene Tweed collaborates with Arrow McLaren to design a lightweight anti-roll bar lever using Xycomp DLF thermoplastic composite material for the NTT IndyCar Series race cars. High-performance materials manufacturer Greene Tweed partnered with Arrow

U.s. announces new tariff measures! trump plans to restart large-scale war on iran, international oil prices surge, plastic market faces upward pressure
2026-07-24 07:59:13

I. Crude Oil Market Dynamics On 7/23, the possibility of further escalation in the Iran-U.S. conflict, coupled with Houthi attacks on Saudi oil tankers, heightened supply risks and drove international oil prices sharply higher. The NYMEX crude oil Se

[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

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Oil Prices Climb; Polyolefin Spot Prices Surge for Second Consecutive Week!
PA Cost Floor Offset by Weak Demand!Market Segmentation Widens!
Supply Contraction Expectations Strengthen!EVA Market Likely to Rise Further!
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