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Industry Dynamics
Raw Material Supply Shortage! INEOS Phenol Declares Force Majeure on Phenol and Acetone Businesses
2026-07-28 17:37:27

INEOS Phenol, the world’s leading producer of phenol and acetone, has declared force majeure on the supply of both products and introduced sales allocation measures to address customers’ limited supply needs. The force majeure was caused by a disrupt

Resin Price Report: Benzene Prices Soar, Market Conditions Shift
2026-07-28 16:02:05

Throughout the summer, favorable signals in the resin market have continued to emerge. In July, buyers held the upper hand in nearly all major resin categories. However, with crude oil prices surging, spot benzene prices continuing to strengthen, and

Design Concept of Reusable Delivery Service Aims to Significantly Reduce Packaging Waste
2026-07-28 11:34:49

ReBento’s durable, leak-proof lunchbox replaces single-use plastic waste in subscription meal delivery services and has been recognized with the 2026 Berlin Green Product Award. Polish design student Kaja Brunke has designed ReBento, a reusable conta

Middle East Tensions Drive Raw Material Price Surge, Ineos Second-Quarter Profit Triples
2026-07-28 10:09:15

The two major petrochemical holding companies under INEOS Group reported a significant surge in second-quarter earnings. INEOS said that the conflict in the Middle East altered the regional supply-demand balance, product prices, and profit margins,

Pakistan plans to impose 37.3% temporary anti-dumping duty, may halt marginalized us pvc trade
2026-07-28 09:35:14

According to an announcement issued on July 24, Pakistan has imposed provisional anti-dumping duties of up to 37.3% on imports of suspension-grade polyvinyl chloride (PVC) resin from the United States. Pursuant to Section 43 of Pakistan’s Anti-Dumpin

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

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