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Lotte Chemical Indefinitely Shuts Down 1.1 Million Ton Per Year Naphtha Cracker
On September 3, Lotte Chemical’s naphtha cracking complex (NCC) at the Daesan Industrial Complex in South Korea was officially shut down indefinitely, with its associated butadiene extraction unit also ceasing operations. The facility has a designed
Plastmatch Global Digest -
New Study Finds Polyethylene and Polypropylene (PP) Packaging Can Fully Biodegrade Within Two Years
For packaging manufacturers and product developers currently evaluating biodegradable alternatives to conventional polyethylene (PE) and polypropylene (PP), a study described by researchers as a global first offers new reference data. This study, jo
Plastmatch Global Digest -
ExxonMobil Launches New High-Performance Resin for Rotational Molding
埃克森美孚推出Exceed Tough m 4536UV12高性能聚乙烯树脂,专为全球严苛工况下的滚塑应用打造。 ExxonMobil's flagship polymer division has launched a metallocene-based polyethylene resin aimed at enhancing manufacturers' product impact strength, environmental resistance, and processing ef
Plastmatch Global Digest -
US to Impose Tariffs on Imported Drones and Components! International Oil Prices Fall, Plastic Futures Edge Higher
I. Crude Oil Market Dynamics 8/13: Although the US-Iran negotiations continue to be deadlocked, market concerns have not further intensified, and international oil prices have fallen. NYMEX crude oil futures September contract closed at $81.25, down
Plastmatch -
LYB Releases Q2 2026 Earnings Report
Net profit: approximately $600 million; $1.4 billion excluding certain items. - Diluted earnings per share: $1.71; excluding specific items, $4.30 per share. ■ EBITDA: $1.3 billion; $2.1 billion excluding certain items Continuously
LyondellBasell Industries -
ENEOS Aims to Acquire TPC in the United States, Butadiene Production Capacity Will Jump to Third in the World
Japanese ENEOS Holdings is significantly expanding its chemicals business in the United States by acquiring TPC Holdings; the deal will propel the group to become the world's third-largest butadiene producer by capacity. This transaction will make TP
Olefins and High-End Downstream Products -
Novel Biosensor Can Detect Polystyrene (PS) Nanoplastics in 20 Minutes
Researchers now have a faster way to detect nanoplastics in water. A research team at the Institute of Science Tokyo in Japan has developed a biosensor that can identify polystyrene nanoparticles in water within 20 minutes without labeling or complex
Plastmatch Global Digest -
Trinseo Posts $120 Million Book Loss! Q2 Revenue Rises Without Profit Growth as Restructuring Costs Swallow Earnings Gains
Engineering resins producer Trinseo released its second-quarter financial results on August 6, reporting a net loss of $120 million for the period, compared with a net loss of $106 million in the same period last year. The company said
Plastmatch Global Digest -
Trinseo Announces Price Increase For Polystyrene (PS), ABS, And SAN Products In Europe
Plastmatch learned on August 6 that specialty materials solutions provider Trinseo and its European affiliates recently announced price increases for all grades of polystyrene (PS), ABS, and SAN products. Effective August 1, 2026, or as stipulated in
Plastmatch Global Digest -
Prysmian Acquires Atkore for $3.8 Billion in Cash
The transaction is expected to generate $150 million in annual synergies while advancing electrification in North America and AI-driven data center infrastructure development. This $3.8 billion acquisition combines Prysmian’s cable technology strengt
Plastmatch Global Digest
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Layoffs, Divestments, Plant Closures While Pouring Billions: BASF Undergoes Major Transformation!
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South Korea initiates anti-dumping investigation against Chinese PVC suspension resin! The target is Tianjin Bohua and Wanhua Chemical. How to break through?
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Sixth national procurement set to be implemented: A “Reshuffling” Moment for the $10-Billion Medical Device Market