China has launched its largest high-end large-tow carbon fiber production line in Inner Mongolia, marking a major step forward in advanced manufacturing. The new Sinopec facility will support aerospace, electric vehicles, renewable energy, and other high-tech industries with internationally advanced carbon fiber products.
Comprehensive market intelligence report on the global PET bottle grade resin and recycled PET (rPET) industry as of May 2026. Covers virgin PET production by country, food-grade rPET prices, recycling technologies, EU and global regulations, CSD vs mineral water segmentation, and a scenario-based outlook to 2035. Essential reading for resin producers, beverage companies, investors, and packaging manufacturers.
TOMRA Recycling has introduced a groundbreaking AI-native platform developed with PolyPerception and expanded its GAINnext™ ecosystem with three new deep-learning applications. Announced at IFAT 2026 and PRSE Amsterdam, the innovations aim to transform recycling plants through intelligent automation, real-time analytics, and advanced material sorting capabilities.
As Russia opens the door to negotiations with Europe and Washington pushes for a breakthrough with Iran, the global geopolitical landscape is shifting rapidly. While Moscow and Washington emerge weakened from prolonged conflicts, China appears increasingly positioned as the central diplomatic and economic power of the new multipolar era.
Rising tensions near the Strait of Hormuz are forcing China to carefully balance its strategic partnership with Iran against broader regional and global interests. Following an attack on a Chinese-linked tanker, Beijing faces increasing pressure to protect its energy security while avoiding direct military involvement in the Middle East crisis.
Oil prices have declined slightly, with Brent crude near $101 per barrel and WTI around $95, amid cautious optimism over possible negotiations between the United States and Iran. However, significant uncertainty remains due to Donald Trump’s unpredictable approach and deep political divisions inside Iran between moderate ministers and the powerful Pasdaran.
Motrex EFM is expanding its presence in the global automotive interior market through the acquisition of Duol, a specialist in automotive seats and textile materials. The deal will allow the company to develop integrated vehicle interior solutions tailored for electric vehicles, autonomous driving, and next-generation smart mobility platforms.
Celanese is restructuring its engineered materials division by closing its Singapore nylon plant and reducing production capacity in the U.S. The company says the move will streamline operations, improve efficiency, and support its long-term “Grow & Fortify” strategy while ensuring a gradual transition through 2026.
A UK consortium led by Watercycle Technologies has secured more than £3 million in funding to develop the ReCAM battery recycling project. The initiative aims to create a domestic solution for refining lithium-ion battery black mass into reusable cathode materials, strengthening the UK’s electric vehicle supply chain and supporting a circular battery economy.