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Chemical Giant Suffers Huge Loss of 6.9 Billion! Over 200 Positions at Risk! Today’s Plastic Prices Fluctuate Narrowly, PET Sees Gains
According to the latest news, in the first three quarters of this year, Dow accumulated a loss of $967 million; INEOS's BDO plant faces the risk of closure, with its 200 jobs "under threat"; to make matters worse, the European Carbon Border Adjust
Plastmatch -
Recycling PA66, Toray Industries, Signed!
On October 20, Toray announced that it signed a memorandum of understanding with Refinverse to deepen their cooperation in recycling nylon 66 resin from airbag waste. According to the division of labor between the two parties, Refinverse is resp
Nylon industry chain Shao Jun1 -
Lotte Chemical Launches Commercial Operation of Indonesian Olefin Complex with Annual Ethylene Production of 1 Million Tons
Lotte Chemical's Malaysian subsidiary, Lotte Chemical Titan, recently announced that its steam cracking plant and derivatives complex in Merak, Cilegon, Indonesia, with an investment of $3.95 billion, has commenced commercial operations. The project
Plastmatch Global Digest -
Musk Clarifies: Samsung Will Collaborate With TSMC to Manufacture Tesla AI5 Chip
ITHomeOn October 23, it was reported that Tesla CEO Elon Musk stated that Samsung Electronics is increasingly involved in manufacturing chips for the automaker, indicating that the South Korean company is gradually entering a market originally domina
IT Home -
German Automotive Parts Supplier Brose to Explore Share Sale
According to Bloomberg, sources familiar with the matter revealed that German auto parts supplier Brose Fahrzeugteile SE & Co. is considering selling part of its business shares and has been in discussions with potential advisors regarding this p
Gasgoo -
BASF And IFF Join Forces To Develop Next-Generation Enzymes For Fabrics, Personal Care And Industrial Cleaning Sectors
BASF, as a leader in the global chemical industry and sustainable product innovation, recently announced a strategic partnership with International Flavors & Fragrances (IFF). IFF is a leader in the field of biosciences innovation, and the two co
Plastmatch Global Digest -
NxLite Raises $9.2 Million in Series A Funding to Expand Next-Generation Energy-Saving Window Coating Business
October 14, 2025 - NxLite™ announced the completion of a $9.2 million Series A financing to accelerate its next-generation energy control. Deployment and continued enhancement of its Advanced Innovation and Manufacturing (AIM) center's capacity. This
puworld -
LyondellBasell Expands Frankfurt Recycling R&D Capacity
LyondellBasell is enhancing the standards of its mechanically recycled materials through significant investment in the research and development capabilities of its Frankfurt Innovation Center. The company is intensifying its R&D efforts at this c
Plastmatch Global Digest -
Become A Global Building Materials System Service Provider! Dongfang Yuhong Makes Another Move In Chile
October 14, 2025,Oriental YuhongThe announcement states that the transaction for the acquisition of 100% equity in Construmart S.A., a leading building materials retail company in Chile, has been successfully completed through two wholly-owned subsid
hzeyun -
Anshi semiconductor's new progress! power semiconductor giant stalls, global automakers caught in chip war
In late September 2025, the Dutch government implemented asset freezing and governance intervention measures against Nexperia, a semiconductor company with Chinese investment, citing national security concerns, which triggered a chain reaction. In re
Plastmatch -
U.S. Chemical Recycler Agilyx Completes Acquisition of GreenDot
On October 20, Specialized Plastics Vision learned that the American chemical recycling company Agilyx has completed the acquisition of a 44% stake in GreenDot. This transaction was initially announced in July of this year. GreenDot is a waste manag
Plastmatch Global Digest -
3.8 billion! medical device giant announces another major acquisition
On October 17, 2025, Boston Scientific announced the acquisition of Nalu Medical for approximately $530 million (about 3.8 billion RMB) in cash. This neurostimulation company, which has been established for less than a decade, is renowned for its "w
Siyu MedTech -
Seven Major Chemical New Material Giants: Sell-Offs, Shutdowns, and Layoffs!
Recently, Dow, INEOS, Trinseo, Arlanxeo, Toray, 3M, and Polyplastics have successively announced a series of strategic measures involving products such as polyether polyols, epoxy resins, chlorine, MMA (methyl methacrylate), polystyrene, synthetic r
New Chemical Materials -
BASF Signs Memorandum Of Understanding With LEMON To Co-Develop New Apparel Material Solutions
October 16, 2025 -BASFA memorandum of understanding has been signed with LEMON Corporation (hereinafter referred to as "LEMON"), in which both parties will collaborate to utilize Freeflex® fibers made from BASF's Elastollan® thermoplastic polyurethan
puworld -
Braskem Stops Chlor-Alkali Production In Brazil With 460,000 Tons Per Year
Antonio Freitas, the local union president, stated that Braskem SA has completely shut down its chlor-alkali plant in Maceió, Brazil, and is currently dismantling it for scrap metal recovery. On October 16, Freitas pointed out that this shutdown mark
Plastmatch Global Digest -
Baoli plastics acquired! why engineering plastics have become a sweet spot for giants?
Daicel Corporation announced that it will acquire all operations of Polyplastics Co., Ltd. through an absorption-type merger effective April 1, 2026. This marks the official end of the Celanese joint venture relationship that began in 1964, with Poly
Plastmatch -
Project Financing 130 Million Yuan Faces Opposition: United States Chemical Recycling Plant Encountering Strong Local Resistance!
Recently, the American chemical recycling startup Resynergi's planned chemical recycling project for waste plastics in Rohnert Park, California, faced strong opposition from local residents, resulting in an extremely strict project review that could
Recycling and Reuse of Polymers -
Chemical Industry Giant Restructures, Integrates Engineering Plastics Segment!
On October 16th, Daicel Corporation (hereinafter referred to as "Daicel") and its wholly-owned subsidiary Polyplastics Co., Ltd. (hereinafter referred to as "Polyplastics") announced a group corporate restructuring plan, with the core content bei
xclstudy -
Dongfang Yuhong Completes 100% Equity Transfer of Construmart in Chile
Oriental Yuhong (002271) recently announced that the transaction for acquiring 100% equity of Chile's Construmart S.A. has been fully completed, marking the official establishment of the company's international building materials retail channel layou
China Building Materials Information Network -
Polykemi Plans 50% Expansion in the United States (US) to Meet Growing Demand in Construction and Automotive Industries
Swedish composite material manufacturer Polykemi Group plans to increase the capacity of its US plant by 50% by 2027, driven mainly by the unexpectedly strong growth of the North American market. The company launched production at its Gastonia plant
Plastmatch Global Digest
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