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Markets Regions and Countries Asia

POLYETHYLENE Economics not only factor in global competitiveness / China capacity build-up could reshape trade flows and pressure margins by 2030 – McKinsey report	15.09.2026
CHINAPLAS Plastics trade fair opens its doors in Shanghai / KI.PIE Group on site	21.04.2026
EU-INDIA TRADE Landmark deal slashes car tariffs to 40% / Plastics, chemicals tariffs down to 0% for almost all products	27.01.2026
SOUTH KOREA Lotte and HD Hyundai present plans for restructuring cracker activities	09.12.2025
UPDATE - PETCHEM INDUSTRY ASIA South Korean government demands country's largest petchem producers restructure operations / Crisis result of overcapacity, outdated manufacturing methods	20.08.2025
POLYURETHANE MARKET Strong Indian consumption boosts Asian market in 2024 / Positive outlook for next five years, with fastest growth in India and Indonesia – IAL Consultants	16.07.2025
PROPYLENE China increasing propylene capacity to meet growing derivative demand / Country expected to dominate global market by 2030 – GlobalData	20.06.2025
TOYODA GOSEI Auto supplier announces production of interior components from recycled plastics	28.05.2025
WORLD TRADE UK, India to sign Free Trade Agreement / UK-US deal likely underway; details unclear	08.05.2025
CHINAPLAS Trade fair wrapped up with record-breaking attendance	01.05.2025
US-INDIA TRADE India set to continue bilateral trade agreement talks / Tariffs could impact only 0.1% of Indian GDP – experts / Pharma, textile industries to be hardest hit	16.04.2025
UPDATE - MALAYSIA +++ Fire breaks out at Petronas gas pipeline in Puchong +++ Plastics export growth to slow in 2025 / Domestic market poised for lasting development /	01.04.2025
POLYURETHANE MARKET World TPU demand to rise by 2.5% in 2025 / Growth relies on specialised grades and advanced formulations – IAL Consultants report	27.03.2025
PLASTICS INDUSTRY JAPAN Production declines across the board in 2024 / Exports, imports slightly up / Engineering plastics market set for robust growth through 2032	11.03.2025
VIETNAM Economic boom increases appetite for plastics raw materials / Strong demand from packaging, construction, electronics	19.02.2025
INDONESIA Plastics market to see robust growth up to 2029 / Overwhelming imports affect polymer industry / Impact of plastics waste import ban on recycling sector uncertain	10.02.2025
BIOPLASTICS Strong capacity growth forecast in years ahead / Multiple investments proposed worldwide – nova-Institute report	03.02.2025
BIOPLASTICS Policy incentives drive growth in China's biopolymers industry / Investments have led to excess capacity – nova-Institute report	13.06.2024
VIETNAM Plastics market to grow by 8.4% per year to 2029 / Investments in sustainable plastics and EV production provide growth opportunities	22.05.2024
PTA MARKET Global capacity to grow by more than 5% per year – Global Data report / China leads investments	01.05.2024
SOREMA Collaboration with Indian PET recycler Ganesha	29.04.2024
RECYCLING INDIA Sabic, Pashupati sign MoU / Agreement aims to boost recycling activity across world's most populated nation	08.04.2024
INDIA Further massive expansion with oil, gas, petrochemicals / Change of strategy now to smaller decentralised projects / New plastics powerhouse behind China and US gains in stature	06.03.2024
CHINA Mixed impact of disruptions due to Red Sea conflict on plastics imports / Polyethylene most affected	05.03.2024
BASF New TPU plant inaugurated at Zhanjiang / First development stage for EUR 10 bn Chinese complex completed	09.02.2024

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