Hyosung invests 100 million dollars in a new Đà Nẵng plant, expanding Vietnam textile manufacturing capacity in polyester curtain fabric and industrial fibre production.
The U.S. recycled plastics market is facing a severe downturn as postconsumer resin demand collapses, reclaimers shut down and PET bales accumulate without buyers, raising urgent policy and investment concerns.
Toray develops bio-based polyamide 4 production technology for cosmetics microparticles, delivering marine biodegradability, lower carbon emissions, and regulatory compliance in the fight against microplastic pollution.
A year after Refresco adopted Sidel’s EvoBLOW Laser for PET preform heating, the technology has proven it can significantly reduce material use, enable higher rPET content, and improve line stability and productivity in stretch blow-molding operations. This article explains how precision laser PET preform heating transforms PET packaging performance.
Global energy markets face a historic shock on March 2, 2026. Experts project a massive 9% spike in crude prices as geopolitical tensions threaten the Strait of Hormuz.
Oil prices are under renewed pressure after the Israel and US attack on Iran, with Brent crude potentially rising above $100 if escalation disrupts supply routes or exports.
A joint US-Israel attack rocks Tehran with explosions heard across the capital, intensifying Middle East tensions and raising serious risks for oil prices and conflict spread.
Saudi Arabia is increasing oil production under a contingency strategy tied to potential US action against Iran. The move highlights mounting Middle East tensions and oil market volatility.
On February 27, 2026, the oil price trend shows a modest uptick in Brent and WTI benchmarks amid heightened geopolitical risks, supply strategies by major producers, and investor positioning — key forces shaping global energy markets today.