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Industry Insights
Ghana to Implement Nationwide Ban on Expanded Polystyrene Foam Products from January 2027
The Environmental Protection Authority (EPA) of Ghana has announced that a nationwide ban on expanded polystyrene (EPS) foam products will take effect on January 1, 2027. The measure will prohibit the production, importation, distribution, sale, and use of EPS foam products across the country as part of Ghana's efforts to address plastic pollution and promote more sustainable consumption and waste management practices.
China's PET Bottle Grade Resin Market Remains Stable Amid Feedstock Price Declines
As May comes to a close, China's polyester industry continues to face pressure from weaker feedstock prices and cautious downstream purchasing activity. Across the polyester value chain, most major raw materials and finished products recorded week-on-week declines. However, compared with several textile-related polyester segments, the bottle-grade polyethylene terephthalate (PET) market maintained relatively stable operating conditions, attracting increasing attention from market participants.
PET Waste Converted into Higher-Value Chemicals Without External Hydrogen, Study Finds
Researchers from Peking University have reported a new catalytic method for converting post-consumer PET plastics into higher-value chemical products without the need for an external hydrogen supply. The study was published in the journal Engineering.
China Opens PET Futures Market to Overseas Traders, Expanding Global Pricing Influence
The Zhengzhou Commodity Exchange (ZCE) has officially expanded international access to China's polyester futures market, allowing overseas traders to participate in a range of polyester-related futures and options products under the exchange's broader globalization strategy.
Logistics Volatility Becomes a Key Focus for the Global PET Industry
Polyethylene terephthalate (PET) bottle-grade resin producers are facing increasing logistics challenges in recent months as freight market volatility, vessel scheduling adjustments, and regional supply chain disruptions continue to affect global trade flows. Under the current market environment, transportation stability is becoming an increasingly important consideration alongside pricing, production efficiency, and supply chain coordination.
China–US Economic Engagement and Global Energy & PET Supply Chain Considerations
Against the backdrop of shifting global trade patterns and energy price fluctuations, the petrochemical and polyester industries continue to face external uncertainties. Recent China–US economic exchanges have drawn market attention regarding trade sentiment and supply chains. Crude oil remains a key upstream feedstock, with price changes transmitted to PX, PTA, MEG, and ultimately polyethylene terephthalate (PET) resin.
Green Manufacturing and Circular Systems Become Key Directions in China's Packaging Industry Development
China's packaging industry is entering a stage of continued structural development, where green manufacturing, circular economy systems, and international standards alignment are receiving increasing attention across the polyethylene terephthalate (PET) value chain.
University College Cork Engineers Yeast to Advance Sustainable PET Recycling
Researchers at University College Cork (UCC) have developed an engineered baker's yeast system capable of degrading polyethylene terephthalate (PET), one of the world's most widely used plastics, in a step toward more sustainable plastic recycling technologies.
China PET Bottle Grade Market Weekly Review (May 9, 2026): Market Consolidates Amid Feedstock Volatility
China's polyethylene terephthalate (PET) bottle grade market remained in a consolidation phase this week, with trading activity primarily supported by rigid domestic demand. Compared with the previous week, overseas inquiries and replenishment demand softened slightly. Nevertheless, domestic producers maintained relatively firm pricing intentions and continued prioritizing export order intake.
India Confirms Continuation of Anti-Dumping Duties on Chinese PET Resin After First Sunset Review
India's Ministry of Commerce and Industry has issued its final findings in the first sunset review of anti-dumping duties on polyethylene terephthalate (PET) resin originating in or imported from China, recommending the continuation of existing measures for an additional five-year period.
Indonesia Reduces Import Duties on LPG and Selected Plastics to 0%
The Indonesian government has announced a temporary policy to reduce import duties on selected plastic materials and liquefied petroleum gas (LPG) to 0%, in an effort to alleviate raw material cost pressures and support domestic manufacturing activity.
Reuse Expansion Seen as Key to Mitigating Packaging Supply Risks
Rising geopolitical tensions affecting global oil transport are drawing attention to a critical vulnerability in the packaging industry: its heavy reliance on petrochemical-based materials such as polyethylene (PE). Analysts warn that disruptions to petroleum supply routes could impact the availability of essential packaging polymers, with potential knock-on effects for food systems.
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