February 10th news: Recently, the Quzhou Municipal Bureau of Ecology and Environment issued a public notice regarding the proposed approval of the environmental impact assessment report for the annual production of 30,800 tons of high-performance organic silicone adhesive new materials project by Zhejiang Yonggao New Materials Co., Ltd. Chempricehub's analysis of organic silicone DMC, with a bullish-bearish score: -1. The environmental approval of this project, which produces 30,800 tons of high-performance organic silicone adhesive annually, indicates that new production capacity will be put into operation, increasing the market supply of organic silicone DMC. The increase in supply may shift the supply-demand balance toward oversupply, exerting downward pressure on spot prices, which is generally considered a bearish influence.
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