Market Flash

European Commission officially announced its preliminary ruling regarding the imposition of temporary anti-dumping duties on imported epoxy resins from China, South Korea, Taiwan, and Thailand.

On February 26, 2025, President Donald Trump announced that he would “soon” impose a 25% tariff on imports from the European Union, which would encompass “automobiles and all products.”

On February 27, 2025, President Donald Trump revealed plans to impose an additional 10% tariff on Chinese imports starting March 4, bringing the total tariff rate to 20%.

Germany's recent elections have culminated in the victory of Merz, the candidate from the Christian Democratic Union (CDU), raising questions about the future of Germany-China relations.

Glenmark Pharmaceuticals has officially launched its generic version of Epinephrine injection in the United States, a significant move that positions the company to capitalize on a market valued at approximately $42.7 million.

Glaspray, a Taiwan-based designer and manufacturer of dispensing and packaging solutions for the fragrance, skincare and cosmetics industries, is launching a groundbreaking innovation in sustainable packaging.

• Glaspray
• aluminum alloy T6061

WACKER will present its VINNOL solid resin portfolio at the European Coatings Show 2025. The focus of the product range will be on the polymer binder VINNOL H 15/45 M (Renewables).

• WACKER
• VINNOL
• solid resin

Yancoal, a dominant force in Australia's coal industry, plans to strategically deploy A$1.8 billion (about $1.2 billion) of its cash reserves to acquire new assets, which may not only come from Australia, but also involve areas outside the coal industry.

• Yancoal
• Australia

Hot melt adhesive manufacturer Power Adhesives has launched its new bulk adhesive range. The new adhesive range offers high-performance bonding solutions for industrial applications.

• Power Adhesives
• Hot melt adhesive
• HMA

Brivaplast, a manufacturer of beauty packaging solutions, has announced the expansion of its production site in Ornago, Italy. This strategic investment is expected to increase the company’s production capacity by 25% by the end of 2025.

• Brivaplast

Longbai Group Co., Ltd. announced a significant price adjustment, increasing the sales price of various grades of titanium dioxide by 300 yuan per ton for domestic customers and $50 per ton for international clients.

The U.S. Trade Representative's Office (USTR) is considering imposing fees and restrictions on Chinese shipping operators and vessels built in China, a move that could significantly disrupt the global shipping industry.

In a recent address from the White House, President Donald Trump declared that the United States would impose a 25% tariff on products imported from the European Union.

Canadian Health Department issued notices PMRL2025-04 and PMRL2025-05, proposing amendments to the maximum residue limits for the pesticides ethalfluralin and pendimethalin in certain food products.

On February 18, 2025, the Ministry of Food and Drug Safety (MFDS) in South Korea announced the release of notice 2025-8, which details significant revisions to the certification standards for food and livestock safety management.

Arkema plans to increase its polyvinylidene fluoride (PVDF) production capacity in North America by 15% from the original level, including the expansion of its plant in Calvert City, Kentucky.

• Arkema
• PVDF

French lawmakers are poised to pass legislation that would ban the production and sale of products containing perfluoroalkylated substances (PFAS), including cosmetics.

• French
• PFAS

Celanese has announced a significant price increase for a range of products across multiple regions, including Asia, the Americas, Europe, the Middle East, and Africa.

In a significant industry shift, Toray Industries has announced it will cease production of purified terephthalic acid (PTA) in Japan by the fiscal year 2026.

In a strategic move to enhance profitability, Chemours has successfully reduced costs by $140 million in its titanium dioxide segment, despite facing a 5% decline in product prices.