Oil markets are climbing as geopolitical tensions in the Middle East disrupt supply routes. Brent and WTI crude prices are rising, shaping global economic expectations.
Innovia Films launches P2G recyclable BOPP film designed for fresh produce packaging. The innovation improves shelf life, reduces food waste and supports EU PPWR recycling standards.
Honeywell revises its acquisition of Johnson Matthey’s Catalyst Technologies unit to £1.325 billion. The deal aims to strengthen Honeywell process technologies and expand catalyst solutions for refining and renewable fuels.
BASF has started commercial production of Elastollan® flame-retardant TPU in Shanghai, expanding its portfolio of high-performance materials for EV charging, robotics, and industrial cable sectors.
Asahi Kasei Advance will debut innovative nonwoven materials and advanced fibers at Techtextil 2026, highlighting flame-retardant fabrics, recyclable textiles, and high-performance industrial solutions.
Global oil markets are rising sharply in early March 2026 as geopolitical tensions in the Middle East disrupt supply routes. Brent crude trades around $83–86 per barrel and WTI near $76–79.
Toray introduces AURLIST™, an ultra-fine sensory polyester filament fiber engineered with NANODESIGN® conjugate spinning technology, delivering luxurious luster, soft loft, and a refined fibrillated texture for high-end women’s fashion.
A groundbreaking study by Ghent University reveals that PLA bioplastic posing zero threat to PET bottle recycling efficiency, with contamination levels remaining well below critical industrial safety thresholds.
The Asia PP market is facing acute supply disruptions as Middle East tensions escalate. Rising feedstock costs, shipping constraints, and force majeure declarations are driving sharp price increases and market uncertainty.