MarketTrends
Plastics Industry Confident in North American Trade Stability Post-USMCA Review
March 25, 2025 – During the Plastimagen Mexico international plastics industry exhibition held from March 11 to 13, Perc Pineda, Chief Economist of the American Plastics Industry Association, expressed optimism about the sustainability of North American free trade following the renegotiation of the United States-Mexico-Canada Agreement (USMCA) in 2026, despite recent fluctuations in U.S. trade…
Saudi Arabia’s Gulf 4P Expo 2025: Unveiling Innovations in Plastics, Printing, Advertising, and Chemicals
March 21, 2025 – The Gulf 4P Exhibition, focusing on plastics, printing & packaging, advertising, and chemicals, is set to take place from December 1 to December 4, 2025, at the Dammam International Exhibition Center. Organized by Dubai’s MIE Group and with Shanghai Oucheng Exhibition Service Co., Ltd. serving as the official first-tier agent, the…
Europe’s Chemical Exodus: How BASF’s €10B China Bet Signals a Global Industry Reset
March 17, 2025 – Europe’s chemical industry is undergoing a dramatic contraction, with the European Chemical Industry Council reporting the shutdown of approximately 11 million tons of annual production capacity between 2023 and 2024. Olefins capacity has been reduced by 26%, resulting in a loss of 2.86 million tons of ethylene and propylene output. According…
Fuel Shortage in Gaza: Pyrolysis Devices Become Lifeline for Residents
March 14, 2025 – Gaza Strip Grapples with Severe Fuel Crisis Amid Escalating Conflict The ongoing escalation of the conflict between Palestine and Israel has plunged the Gaza Strip into a dire fuel crisis. In a recent move that has exacerbated the situation, Israel decided to shut down three crucial border crossings connecting to Gaza,…
New Patent Awarded to Pritech for Advanced Automotive Dashboard Material
March 12, 2025 – Pritech (002324) has recently announced that the company has successfully secured authorization for a national invention patent, titled “Innovative Composite Material and Its Manufacturing Process for Low-Gloss, Soft-Touch Seamless Airbag Dashboards.” The patent was officially granted on March 11, 2025. According to the patent abstract, this invention is at the forefront…
Autonomous Sorting: Driving a Revolution in the Recycled PET Industry
March 7, 2025 – Revolution in Recycled PET Industry: Autonomous Sorting Technology Paves the Way The recycled PET industry is undergoing a transformative shift as China’s cleaning capacity surpasses the 30 million metric ton milestone, casting a shadow of overcapacity across the sector. However, an industrial revolution sparked by autonomous sorting technology is quietly reshaping…
Kenya’s International Exhibition Set to Revolutionize Plastics and Packaging in 2025
March 7, 2025 – Kenya International Plastics, Rubber, and Packaging Exhibition 2025 Set to Open, Boosting East African Market Expansion The highly anticipated INTERPLAST 2025 exhibition, meticulously organized by World Expo Macro Lead, is slated to take place from August 21 to 23, 2025, at the Nairobi Exhibition Center. This prestigious event will serve as…
Reusable Cups: A New Trend for Sustainable Beverage Industry
March 7, 2025 – As the ready-to-drink beverage industry booms, consumers enjoy more choices, but the issue of single-use plastic packaging waste is becoming increasingly prominent. According to a report released by Free From Plastic, the total amount of plastic waste generated by China’s food delivery and new tea beverage industries annually reaches a stunning…
Transforming Times: China’s Oil & Gas Sector Faces Change Amid New Growth Prospects
March 6, 2025 – China’s Oil and Gas Industry Navigates Turbulent Waters, Embraces New Opportunities As the world enters a new era of turbulence and transformation, China’s oil and gas industry finds itself amidst a complex external environment marked by great power rivalries, cooling trade relations, and potential disruptions in the industrial chain. This landscape…
Major Policy Shift: Indonesia Bans Plastic Waste Imports from New Year
February 28, 2025 – Indonesia Announces Complete Ban on Plastic Waste Imports from New Year’s Day 2025 In a major policy shift, the Indonesian government has announced that it will fully terminate the import of plastic waste starting from January 1, 2025. The significant decision was unveiled by Environment Minister Hanif on November 1, 2024….