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Asia
BASF Officially Launches New High-Performance Elastollan® TPU Portfolio with Reduced Product Carbon Footprint (ReducedPCF)
The new product portfolio primarily targets core sectors including footwear materials, sports and leisure, as well as wires and cables. First launched in Shanghai, the new lineup underpins BASF’s regional strategy of “local production for local markets” in Asia-Pacific. It enables a 10–30% reduction in product carbon footprint (PCF) while maintaining identical mechanical properties to...
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Chemetall opens first Vietnam application lab to boost speed and support in SE Asia market
Chemetall, the surface treatment global business unit of BASF Coatings, has opened its first application laboratory in Vietnam’s southern province of Tây Ninh near Ho Chi Minh City. This marks a strategic expansion in one of Southeast Asia’s fastest-growing industrial hubs.
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Plastic goods get dearer as war, raw material hoarding take toll
Chennai: Prices of plastic containers, chairs and other consumer durables are set to witness a 10% to 20% hike, as the raw material cost per kg has surged 70%, mainly due to the West Asia war.
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Iran war chokes petrochemical supply, sends plastic prices soaring
Disruptions to oil and petrochemical flows through the Strait of Hormuz following the outbreak of the Iran war have tightened global ​chemicals supply and lifted prices of plastics and polymer, used in everything from auto parts to toys, to roughly four-year highs.
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Haitian International Reports 10% Revenue Growth in 2025
Haitian International Holdings Limited, one of the world’s largest manufacturers of plastic injection molding machines, reported continued growth for the financial year 2025. Revenue increased by 10.0% to RMB 17,733.2 million, while profit attributable to shareholders rose by 7.2% to RMB 3,301.1 million compared with the previous year.
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Middle East war sends shockwaves through Asian plastics market
The war involving Iran, Israel and the United States has started to reverberate through Asia’s plastics and petrochemicals markets, tightening supplies, pushing up prices and disrupting trade flows as oil and gas shipping through the Gulf region becomes increasingly uncertain. Industry participants are already hurting by way of feedstock markets, particularly naphtha and liquefied petroleum...
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Asia Pacific Rubber Market Size & Outlook, 2025-2030
The rubber market in Asia Pacific is expected to reach a projected revenue of US$ 22,996.2 million by 2030. A compound annual growth rate of 5.5% is expected of Asia Pacific rubber market from 2025 to 2030.
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Vietnam Manufacturing Landscape – 2025 Overview and Trends
Over the past decade, Vietnam has developed from primarily a low-cost assembly base into one of Asia’s rising hubs for more advanced manufacturing. In the first eight months of 2025, Vietnam attracted US$26.1 billion in FDI, with manufacturing and processing absorbing the lion’s share of new capital and disbursements.
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Emirates Biotech launches its Embio product range – a new generation of PLA biopolymers made in the Emirates
Emirates Biotech has launched its Embio product range, its new line of PolyLactic Acid (PLA) biopolymers designed to offer a sustainable alternative to traditional plastics. The name Embio reflects the company’s Emirates roots, signifying a biopolymer made in the UAE, while highlighting its commitment to biotechnology and sustainability.
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China’s Provincial Economic Data in H1 2025: Which Regions Are Powering Growth?
China provincial GDP growth data from all 31 mainland regions in H1 2025 provides a detailed view of the country’s economic momentum, revealing both fast-growing provinces and those experiencing slower expansion. The results highlight shifting regional dynamics across sectors such as industry, services, and trade, offering clues to emerging growth engines and potential headwinds as...
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