The European Commission has officially initiated a major safeguard investigation into growing imports of PET resin and its upstream chemical building blocks to defend domestic manufacturers facing unprecedented market pressures.
Turkish President Recep Tayyip Erdogan’s landmark state visit to Seoul culminated in milestone agreements with top South Korean conglomerates and a $15 billion bilateral trade push.
China is constructing 100 times more polyethylene capacity than Western Europe by 2030, reshaping global trade dynamics despite modest investment returns.
Repsol prepares to launch its €820 million Alba project in Sines, Portugal, adding 600,000 tonnes of polyolefin capacity amid strong corporate earnings.
Borouge Plc reported a strong operational turnaround in Q3 2026 with a 22% surge in sales volumes, positioning the company for a powerful Q4 profitability rebound.
Duo Packaging and the University of Manchester have launched 2DPE, a graphene-enhanced polyethylene film that boosts tensile strength by 35% while slashing packaging fees and carbon emissions for global e-commerce operations.
BASF SE and Highsun Holding Group have signed a landmark MoU to explore a 50:50 joint venture across the European polyamide 6 value chain. The alliance aims to lower operational costs, optimize capacity utilization, and bolster European chemical competitiveness.
In a major leap for industrial transparency, Asahi Kasei subsidiary Tongsuh Petrochemical has secured rigorous “Reasonable Assurance” verification for its acrylonitrile product carbon footprint, empowering downstream manufacturers to verify Scope 3 targets.
ProAmpac and Copperprotek launch patented active packaging technology designed to curb microbial growth, extend food shelf life, and significantly reduce supply chain waste across protein and dairy markets.
