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Industry Dynamics
[overseas news] sabic's sale of european petrochemical business approved; lg chem and volkswagen sign deal; korean giant exits tdi market
2026-09-30 17:38:47

Headlines Overview: Raw Material News-SABICSale of European petrochemical business approved Automotive News-LGChemical and Volkswagen sign agreement, targeting next-generation automotive plastics and composites Electronic News Highlights-India issue

Recycled Plastic Market Faces Pricing Pressures Amid Policy Delays
2026-09-30 15:09:15

As import dependence, freight costs, and competition from virgin resins reshape the landscape for rPET, rPE, and rPP, the recycled plastics market is grappling with disconnected raw material pricing, squeezed converter margins, and policy uncertai

Carbon footprint reduced by over 80%: TotalEnergies Corbion Launches Renewable PLA for Air Filtration
2026-09-30 14:42:11

Under the dual pressure of reducing emissions while ensuring product performance, TotalEnergies Corbion has launched a commercially viable, high-performance renewable alternative material for air filtration. NewLuminy L040The grade enables filter mat

Rhine River Water Levels Plummet! European Olefins, Aromatics, Methanol Supply Chain Under Pressure
2026-09-28 10:09:39

Market participants in the European petrochemical industry are increasingly concerned that persistently low water levels in the Rhine River could further disrupt logistics, raise delivery costs, and tighten supply chains in the fourth quarter. Howeve

Wacker Sells Stake in Shichuang Electronics, Further Reduces Shareholding
2026-09-24 10:22:56

On September 23, Wacker Chemie AG announced that it had successfully disposed of approximately 2.2 million shares in Siltronic AG, a semiconductor wafer manufacturer, at a price of €77.25 per share. The divestment represents 6.7% of Siltronic’s total

Global Chemical Superpower? BASF Holds Preliminary Talks With Evonik On Merger
2026-09-23 13:59:13

According to reports from prominent international news outlets such as Mergermarket and Dealreporter, citing multiple informed sources, German chemical giant BASF has initiated preliminary discussions in 2026 regarding a potential merger with its pee

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