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$4.5 billion valuation sparks capital pursuit! Ashland officially launches comprehensive sale evaluation
According to people familiar with the matter cited by Bloomberg, specialty chemicals company Ashland is evaluating the possibility of a full sale. According to reports, Ashland has hired Citigroup and Lazard Inc as financial advisors to simultane
Plastmatch Global Digest -
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 -
Erima Group Revenue Falls 28% Yet Remains Profitable
This family-owned recycling technology company remains profitable, but delayed customer investments and rising costs in Europe have weakened its competitiveness. The company anticipates a significant increase in market demand for high-performance rec
Plastmatch Global Digest -
BASF Shuts Down Two Major Care Chemicals Plants in India
Due to severe overcapacity in the Indian market, high production costs, and continued pressure on profit margins, BASF India plans to shut down its sulfuric acid plant and low-temperature reactor at the Dahej production site by the end of 2026. T
Plastmatch Global Digest -
Rhein River Water Level Hits Record Low! Covestro And BASF Announce Force Majeure For Some Products
On August 7, 2026, it was reported that due to continued drought in Europe and the resulting decrease in water levels in the Rhine River, the river has recently hit a record low. As an important
Ruijie Consulting -
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 -
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 -
One Fabric Hard to Find! AI Computing Power Sparks Market Trends, How Long Can the Plastics Material Dividend Last?
At midday on August 7, the core glass fiber electronic cloth stock Honghe Technology surged to the daily limit price of 163.61 yuan before opening off the limit and pulling back. Its upstream glass fiber roving leader, China Jushi, also hit the dail
Plastmatch -
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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