en.Wedoany.com Reported - On July 6, Chinese synthetic resin company Shengquan Group issued a price increase notice, raising the prices of its polyphenylene ether series products (PPO, PPE, OPE, and MPPO oligomers) by 15% to 20% effective July 13, 2026, citing changes in upstream raw material costs.
Amid a widening supply gap, international materials companies have successively announced price hikes. Japanese semiconductor materials company Resonac announced a 30% price increase for copper-clad laminates and adhesive films effective March 1; Mitsubishi Gas Chemical raised prices across its entire product line starting April 1, with a maximum increase also of 30%.
Electronic-grade resin is a core raw material for printed circuit board manufacturing, and its price fluctuations directly impact the electronics supply chain. Resin materials are a key upstream component for copper-clad laminates. As computing infrastructure such as AI servers and high-speed switches accelerates construction, demand for resins with lower Dk and lower Df for high-performance chips continues to rise.
Currently, the global electronic-grade resin industry exhibits a competitive landscape characterized by "highly concentrated production capacity and accelerated breakthroughs in China." High-end PPO/PPE production capacity has long been concentrated in overseas leading companies such as SABIC, Mitsubishi Gas Chemical, and Asahi Kasei. Only a few companies in China have achieved mass production of electronic-grade PPO and entered the international supply chain.
Public information shows that Shengquan Group's electronic-grade PPO resin features low dielectric constant, low loss, and high-speed signal transmission, primarily used in copper-clad laminates. The company offers a full range of M6 to M9 series resin products, supplying leading copper-clad laminate manufacturers both domestically and internationally. Its current electronic-grade PPO production capacity is approximately 1,500 tons per year, operating at full capacity with full sales. An additional 2,000 tons per year of capacity is under construction, expected to commence production as early as the fourth quarter of 2026.
