News
Thailand to Fully Ban Plastic Waste Imports Starting Next Wednesday
According to a report by The Nationon December 18, Thailand will ban the import of plastic waste as raw material for industrial factories starting January 1, 2025 (next Wednesday).
Polyethylene Market Supply and Demand Analysis: Rising Supply Pressure in Q1 2025
With Donald Trump’s re-election as President of the United States, the outlook for China's polyethylene (PE) import market has sparked notable concerns.
$6.7 Billion Deal: Novolex Acquires Pactiv Evergreen to Create a New Packaging Industry Giant
The acquisition provides Pactiv Evergreen shareholders with $18 per share in cash, representing a 49% premium over the unaffected volume-weighted average trading price for the two months prior to December 2, 2024.
China Resources Recycling Group Adds Two New Subsidiaries: Will It Expand Into Plastic Recycling?
According to a report by *China Times Daily*, China Resources Recycling Group Co., Ltd. (CRRG), the first central state-owned enterprise (SOE) in the recycling industry
213 Billion RMB Investment Lands in Shanghai! A Three-Year Construction Period to Propel the Rise of New Plastic Materials
On January 14, 2025, Sinopec Shanghai Petrochemical announced a planned investment of approximately 21.307 billion RMB to restructure its refining facilities.