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Industry Dynamics
Lanxess and Wacker Announce Price Hikes; BASF Guangdong Site Fully Operational! Inner Mongolia Breaks Ground on RMB 10-Billion PBAT Project
2026-03-27 18:03:18

This week's major company news: After the upgrade, Gaoqiao Petrochemical's ABS plant capacity has expanded to 300,000 tons; a 10.7 billion yuan, 1.2 million-ton PBAT full industry chain project in Inner Mongolia has started; Wansheng Co., Ltd. is exp

SABIC Declares Force Majeure on Styrene Monomer and Methanol Production; Middle East Chemical Operations Halted
2026-03-27 17:59:24

On the afternoon of March 27, according to Cailian News, Saudi Basic Industries Corporation (SABIC) announced that the production of styrene monomer and methanol has been affected by force majeure. It is reported that SABIC owns the world's largest

【Overseas Highlights】Iran Earns 24 Million Dollars Daily From Oil, Kuwait Port Attacked, South Korea Restricts Petrochemical Exports
2026-03-27 17:44:58

International News Summary: Raw Materials News: Toray Industries of Japan to Introduce a Surcharge Mechanism for Certain Products, Including Resins and Carbon Fiber Headlines - As oil prices rise, sales soar, bringing unexpected benefits to the Euro

BASF's $8.7 Billion Zhanjiang Site Fully Operational, Covestro, SABIC, Arkema and Other Plastics Giants Double Down on China
2026-03-27 15:42:06

On March 26, 2026, BASF's world-class integrated base in Zhanjiang officially went into full production. This "super factory" with a total investment of 8.7 billion euros and covering an area of 4 square kilometers became a landmark event for multina

Volkswagen responds to skoda’s exit from china: Sales To Continue Until Mid-Year, After-Sales Support To Be Sustained
2026-03-27 15:28:33

IT March 26 report, according to Bao Bei Finance, today, in response to the rumor that the Skoda brand is exiting the Chinese market, Volkswagen China stated:Škoda Auto sales in China will continue until mid-2026.It will continue to provide comprehen

Daher Group Builds Value Chain to Enable Upcycling of Thermoplastic Composites
2026-03-27 14:17:44

For more than a decade, Dach Group has consistently invested resources to focus on thermoplastic composite materials technology, to meet the needs of aerospace projects in terms of structural weight reduction, lower carbon footprint, and efficient ma

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Cost-driven differentiation.Supply and demand stalemate game!
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