Major breakthrough! China has successfully produced "virgin-grade" polypropylene from 200,000 tons of mixed waste plastics

Beverage bottles return to beverage bottles: rPET helps create a new vision of green recycling

Looking at the development of the global chemical recycling industry for waste plastics, countries and regions such as the European Union, the United States, Japan, and South Korea are relatively advanced. Many projects have been launched there, and some have been operating stably for many years. In recent years, some countries and regions have issued relevant policies and standards to promote the sustainable development of their local chemical recycling industry for waste plastics.

From a global perspective on the development of the waste plastic chemical recycling industry, regions and countries such as the European Union, the United States, Japan, and South Korea are relatively advanced. A number of projects have already been launched in these areas, with some operating stably for many years. In recent years, certain countries and regions have introduced relevant policies and standards to support the sustainable development of their local waste plastic chemical recycling industry.

Global attention to plastic sustainability is driving the continuous evolution of regulations in various countries. Recently, two major Asian economies, South Korea and Japan, have successively released important regulatory updates targeting recycled plastics.

In September 2025, the comprehensive operating index of domestic recycled plastic enterprises was 50%, which was around the boom-bust line, showing improvement compared with August.

Recently, six departments including the Ministry of Industry and Information Technology, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the People's Bank of China, the General Administration of Customs, and the State Administration for Market Regulation jointly issued the "Work Plan for Stabilizing Growth in the Machinery Industry (2025 - 2026)".

Twenty-eight European institutions jointly sent a letter to the European Union, putting forward six major strategic recommendations for the plastics industry

Since the beginning of this year, the PC market seems to have been stuck in a low-pressure atmosphere for a long time, unable to extricate itself. Taking the price of WY-111BR at Lihuayi Weiyuan China Plastics City as an example, the current quotation is 10,700 yuan/ton, which is 400 yuan/ton lower than that at the beginning of August and 2,800 yuan/ton lower than the same period last year, hitting a historical low. The overall performance of the PC market in August was characterized by high supply, falling prices, low demand, showing an obvious pattern of imbalance between supply and demand. Can the PC market reverse its decline in the golden month of September?