Core Insights - The article emphasizes the significance of polymer recycling as a crucial approach to alleviate global resource scarcity and environmental pressure, with many countries implementing mandatory regulations for the use of recycled polymers [3] - The establishment of the new central enterprise, China Resource Recycling Group, marks a strategic advancement for China's polymer recycling industry [3] - The upcoming Third Polymer Recycling Conference will focus on policy trends, chemical and physical recycling technologies, and high-value applications of recycled materials [3][20] Conference Overview - The Third Polymer Recycling Conference will be held from December 11-13, 2025, in Ningbo, Zhejiang [5] - The conference aims to gather international leading companies, experts, government representatives, and capital to explore the path of polymer recycling [3][20] Key Topics - The conference will cover the latest attitudes and initiatives regarding polymer recycling from different regions, as well as China's top-level design for the polymer recycling industry during the "14th Five-Year Plan" [3][23] - Discussions will include the economic viability of polymer recycling, advanced technologies for large-scale replication, and the tax benefits for companies utilizing recycled materials [3][20] Featured Speakers - Notable speakers include Zhang Li Qun, an academician of the Chinese Academy of Engineering, and leaders from various companies specializing in recycling technologies [5][7] - The conference will feature experts from companies like BASF and Eastman, who will share advancements in chemical recycling technologies [10][11] Highlights of the Conference - Insight into global plastic recycling policies and China's "14th Five-Year" plastic recycling plan [20] - Sharing of advanced recycling technologies and case studies on the economic aspects and yield analysis of chemical and physical recycling [20] - Addressing challenges in balancing performance, compliance, and sustainability in various sectors such as textiles, appliances, and automotive [20] Agenda Overview - The agenda includes a macro forum on polymer recycling, advanced recycling technology discussions, and case studies on the circular use of PCR/PIR polymers [21][23] - Special activities will include a youth scientist forum aimed at discovering innovative teams and technologies in the polymer recycling field [27]

Core Viewpoint - The restructuring plan for Shanshan Group and its wholly-owned subsidiary, Ningbo Pengze Trading Co., has failed to pass the creditor vote, indicating significant challenges ahead for the companies involved [2][3]. Group 1: Restructuring Details - On November 3, Shanshan Co. announced that the restructuring plan for its controlling shareholder, Shanshan Group, and its subsidiary, Pengze Trading, did not receive approval from creditors [2]. - The restructuring process was initiated due to substantial debt issues, leading to a court ruling for substantive consolidation and restructuring on March 20, 2025 [2]. - A restructuring investment agreement was signed on September 29, involving a consortium of investors aiming to acquire control of 23.36% of Shanshan Co.'s shares through various methods [2]. Group 2: Future Uncertainties - Despite the failure of the restructuring plan, the restructuring manager will continue to advance the process according to relevant laws and regulations [3]. - There remains uncertainty regarding the success of the restructuring for Shanshan Group and Pengze Trading, which may lead to adjustments in shareholder equity and potential changes in company control [3].

Group 1 - The core viewpoint of the article is that Yaxing Chemical is planning to acquire control of Shandong Tianyi Chemical through a combination of share issuance and cash payment, while also raising matching funds through share issuance [2] - Yaxing Chemical is a leading company in the global chlorinated polyethylene (CPE) industry, specializing in chlor-alkali chemical products, but has faced significant operational challenges due to cyclical industry fluctuations, resulting in a net profit loss of 97.03 million yuan in 2024 [2] - Tianyi Chemical, the target of the acquisition, is recognized as a "hidden champion" in the domestic bromine chemical sector, with an annual production capacity exceeding 60,000 tons and an annual output value reaching around 1 billion yuan [3] Group 2 - Tianyi Chemical has previously expressed intentions to enter the capital market, having signed a counseling agreement with Dongxing Securities in November 2022 to prepare for an A-share listing, but later withdrew its listing counseling record by the end of 2023 [4] - In 2021, Tianyi Chemical achieved a revenue of 1.638 billion yuan and a net profit of 240 million yuan, while in the first seven months of 2022, it reported a revenue of 1.178 billion yuan and a net profit of 227 million yuan [3]

Core Viewpoint - The article discusses the acquisition of 100% equity of Jiangxi Green Recycling Materials Co., Ltd. by Henan Recycling Technology Industry Group Co., Ltd. from Jiangxi Green Recycling Co., Ltd. for a total consideration of 2.8 billion yuan for equity and 6.82 billion yuan for debt [2][4]. Group 1: Acquisition Details - Jiangxi Green Recycling will no longer hold any equity in Jiangxi Green Recycling Materials after the transaction [4]. - The acquisition involves assets related to electronic waste recycling and plastic regeneration, with core operations in electronic waste dismantling and recycling plastics [8]. Group 2: Financial Overview of Henan Recycling Group - As of December 31, 2024, Henan Recycling Group has total assets of 5.484 billion yuan, total liabilities of 3.672 billion yuan, and net assets of 1.812 billion yuan [5]. - For the year 2024, Henan Recycling Group is projected to achieve an operating income of 3.359 billion yuan and a net profit of 173 million yuan [5]. Group 3: Industry Positioning - Henan Recycling Group, as a wholly-owned subsidiary of Henan Investment Group, is a key player in the circular economy in Henan Province, covering various sectors including electronic waste dismantling and recycling [6]. - Following the acquisition, Henan Recycling Group will manage 15 electronic waste projects, further solidifying its position as the leading company in electronic waste disposal in China [7].

Core Viewpoint - The article emphasizes the rapid advancements in electronic technology, particularly in chip, device, and electronic equipment miniaturization, high performance, integration, and multifunctionality, which have led to increased power density and heat generation. This necessitates high standards for efficient thermal management materials and innovative solutions across various sectors, including consumer electronics, 5G, AI, and energy storage [2][4]. Conference Overview - The 6th Thermal Management Industry Conference and Exposition (iTherM 2025) will take place from December 3-5, 2025, at the Shenzhen International Convention and Exhibition Center, focusing on the integration of thermal management with various industries such as electronics, new materials, and green energy [4][33]. - The conference aims to gather over 2000 participants and 350 exhibitors, covering an exhibition area of 20,000 square meters, and will feature more than 20 activities including keynote speeches, roundtable discussions, and case studies [4][33]. Key Themes and Topics - iTherM 2025 will address cutting-edge developments in thermal management, including functional materials, technological applications, and engineering solutions, with a focus on intellectual property and innovative technologies that can transition from laboratories to market [4][33]. - The conference will include specialized sessions on topics such as thermal interface materials, chip and electronic device thermal management, liquid cooling technologies, and battery thermal management [6][12][16][25]. Notable Speakers and Organizers - The event will feature prominent scholars and industry leaders, including members from renowned institutions such as Tsinghua University and the Chinese Academy of Sciences, who will share insights on the latest trends and technologies in thermal management [5][6]. - The conference is organized by DT New Materials and supported by various governmental and academic institutions, highlighting the collaborative effort in advancing thermal management technologies [5][6]. Registration and Participation - Registration fees for participants are set at ¥2200 for regular attendees and ¥1200 for students if registered before October 31, 2025, with on-site fees being higher [30][31]. - The conference encourages participation from various stakeholders, including government agencies, research institutions, and investment firms, to foster collaboration and innovation in the thermal management sector [4][5].

还是蛮惊讶，当全国人民都在关注火爆的固态电池的时候，两年前的"顶流"钠电池突然被世界化工巨头中石化"翻牌子"，是否让钠电池企业们在冬季感 受到一丝热闹的暖意。 【DT新材料】 获悉，10月30日， LG化学 宣布与 中国石化 达成战略合作，签署了联合开发钠离子电池 的 正极材料和负极材料 等 核心材料的合作协 议，正式携手推动新一代电池材料的研发，构建稳定的供应链体系，提升成本竞争力并加速其商业化进程。 双方联合开发，面向中国及全球的储能系统和电动汽车市场，共同拓展钠离子电池的多元化商业模式，并在未来将合作范围扩大至新能源及高附加值材 料领域。 中国石化与LG的合作，是继宁德时代后选择的第二家头部电池企业合作，并且 聚焦的方向与电池类型完全不同。 其实在钠电池领域，中石化早有储备 。 中国石化旗下的 上海院 开发出的宽温域钠电池电解液，在 -10℃的低温环境下，容量保持率还能超过95%；北 化院等研究院在钠电池电解液、隔膜材料这些关键领域早就有了扎实的技术积累。 去年11月， 金陵石化、大连院、炼销公司 与 广东凯金新能源科技有限公司签署四方协议，将合作建立新能源电池负极材料创新联盟，围绕锂电池人造 石墨负极 ...

Core Insights - The composite materials industry has become a significant sector in manufacturing, with carbon fiber composites widely used in aerospace, automotive, and wind power industries due to their excellent performance [1] - The production of carbon fiber is expensive and energy-intensive, leading to a substantial accumulation of thermosetting carbon fiber composite waste, which poses serious negative impacts on resources and the environment [1] - Effective recycling of carbon fiber into high-value resources is considered a crucial research direction for the future of carbon fiber and carbon fiber-reinforced green composites [1] Recycling Challenges - Current recycling methods for carbon fiber composites face several challenges: mechanical recycling is straightforward but results in significant loss of mechanical properties; chemical recycling methods, such as subcritical or supercritical solvent processes, have harsh reaction conditions and high costs; pyrolysis recycling processes are complex, with process parameters significantly affecting the performance of regenerated carbon fiber [1] - Professor Wang Hao from Swinburne University of Technology emphasizes four promising pathways for efficient recycling: high-temperature pyrolysis, mild condition solvent decomposition, epoxy vitrimers, and bio-based thermosetting resins [1] Professor Wang Hao's Contributions - Professor Wang Hao is a prominent figure in the field, having published over 500 papers and holding an H-index of 114, with a total citation count of 54,000 [2] - He notes that the energy required for carbon fiber recycling is less than 10% of that needed for production, with performance retention rates reaching 80-90% [2] - The recycling and utilization of carbon fiber composites are vital for resource conservation, waste reduction, and supporting industry innovation and sustainability commitments [2] Upcoming Forum - DT New Materials will invite Professor Wang Hao to participate in the 2025 Fourth Green Composite Materials Forum on November 30 in Hangzhou, where he will present a report on "Recycling and Reutilization of Carbon Fiber Composites" [2] - The forum, themed "Green Composites, Innovative Future," will focus on resins and fibers, composite technologies, and downstream applications, aiming to create a platform for industry-academia-research collaboration to promote technological breakthroughs and industrial integration in green composites [2]

Core Viewpoint - The article discusses the advancements in liquid cooling technologies for robotics, highlighting the innovative solutions and competitive landscape within the industry, particularly focusing on the development of pump-less liquid cooling systems and their advantages over traditional methods [4][6][18]. Group 1: Innovations in Liquid Cooling Technology - Unitree Robotics has introduced the Unitree H2, a bionic humanoid robot that utilizes a self-developed high-power density joint module, which is supported by innovative pump-less liquid cooling technology for efficient heat dissipation [4][6]. - The pump-less liquid cooling technology employs the evaporation of volatile liquids to achieve cooling, significantly simplifying the structure and enhancing cooling efficiency compared to traditional systems [6]. - The article outlines the challenges faced by liquid cooling systems in robotics, including the need for compact design, precise dynamic thermal management, and material compatibility [18][19]. Group 2: Competitive Landscape of Liquid Cooling Suppliers - Leading companies such as Tenglong Co., Sanhua Intelligent Control, and Yinlun Co. are highlighted for their advancements in liquid cooling technologies, with specific applications in robotics and partnerships with major firms like Tesla and NVIDIA [11][12][13]. - Tenglong Co. has developed microchannel cooling technology that effectively addresses overheating issues in robotic joints, achieving a cooling power density of 800W/L [11]. - Sanhua Intelligent Control has transitioned from traditional appliance components to a multi-track leader in thermal management and robotics, with a gross margin of 45% for its custom liquid cooling modules [12]. Group 3: Challenges and Future Directions - The article emphasizes that the technical barriers for developing liquid cooling systems for robots are significantly higher than those for server cooling, due to the complex requirements of space adaptation and dynamic thermal management [18][19]. - Despite the challenges, the demand for effective cooling solutions in humanoid and specialized robots is driving many companies to accelerate their development efforts in this field [19]. - The industry is witnessing a trend where companies leverage their existing expertise in automotive thermal management and data center cooling to innovate in the robotics sector [19].

Group 1 - The core viewpoint of the article highlights the strategic collaboration between Huayuan New Materials and Chongqing Tailan New Energy in the field of solid-state batteries and key materials, aiming to tackle technical challenges in adhesive applications for solid-state batteries [2] - Solid-state batteries present unique requirements for ionic conductivity, solid-solid interfaces, and the adhesion of powder anodes and cathodes, creating new application scenarios for adhesives while posing higher technical challenges [2] - Huayuan New Materials, established in 1977, is a leading domestic enterprise in the engineering adhesive industry, with a comprehensive product range and a strong presence in photovoltaic, new energy vehicles, and electronics sectors [2] Group 2 - In the first three quarters of 2025, the company achieved operating revenue of 3.285 billion yuan, a year-on-year increase of 8.49%, and a net profit attributable to shareholders of 216 million yuan, up 32.38% year-on-year [3] - The company’s lithium battery anode adhesive PAA has an existing capacity of approximately 15,000 tons/year, currently operating at full capacity, with an additional 36,000 tons/year under construction, expected to be fully operational next year [3] - The company is focusing on thermal conductive products in the electronics sector, particularly in semiconductor, consumer electronics, and automotive electronics applications, while also exploring liquid cooling technologies for energy storage and data centers [3]

Group 1 - The 9th International Carbon Materials Conference and Industry Exhibition (Carbontech 2025) will be held from December 9-11 at the Shanghai New International Expo Center, featuring renowned experts and companies in the field [2][8] - The event will include two main exhibition halls, covering an area of 20,000 square meters, with 800 exhibitors and multiple concurrent activities [8] - Key themes of the conference include macro industry analysis, advancements in new energy carbon materials, and applications in aerospace and automotive industries [8] Group 2 - The exhibitor list is continuously updated, showcasing a variety of companies involved in carbon materials and related technologies [3][4][5][6][7] - Notable exhibitors include companies from various regions, such as Anhui, Beijing, and Shanghai, highlighting the diversity and innovation within the carbon materials sector [4][5][6][7] - The conference will also feature product launches and technology showcases, emphasizing the latest developments in carbon materials and their applications [8]