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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 -
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 -
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 -
Middle East Disruptions Push Up Chemicals! LyondellBasell Q2 Profit Surges
LyondellBasell Industries reported its financial results on July 31, showing that its adjusted net profit for the second quarter reached $1.401 billion, up from $163 million in the first quarter; this significantly exceeded the consensus estimate of
Plastmatch Global Digest -
INEOS Project ONE Key Components Successfully Crossed The Strait Of Hormuz And Arrived In Antwerp
The first core module of the large-scale Antwerp project, in which INEOS is investing 5 billion euros, has arrived today, having been stranded in the Strait of Hormuz for several months prior. Two modules will complete the construction of the Proje
Plastmatch Global Digest -
Oil prices continue to plunge! plastic markets remain weak and volatile
I. Overnight Crude Oil Market Developments On July 28, the US and Iran are expected to start new negotiations, leading to a decrease in market concerns over supply risks, and international oil prices continue to decline. NYMEX crude oil futures for S
Plastmatch -
Resin Price Report: Benzene Prices Soar, Market Conditions Shift
Throughout the summer, favorable signals in the resin market have continued to emerge. In July, buyers held the upper hand in nearly all major resin categories. However, with crude oil prices surging, spot benzene prices continuing to strengthen, and
Plastmatch Global Digest -
Middle East Tensions Drive Raw Material Price Surge, Ineos Second-Quarter Profit Triples
The two major petrochemical holding companies under INEOS Group reported a significant surge in second-quarter earnings. INEOS said that the conflict in the Middle East altered the regional supply-demand balance, product prices, and profit margins,
Plastmatch Global Digest -
Pakistan plans to impose 37.3% temporary anti-dumping duty, may halt marginalized us pvc trade
According to an announcement issued on July 24, Pakistan has imposed provisional anti-dumping duties of up to 37.3% on imports of suspension-grade polyvinyl chloride (PVC) resin from the United States. Pursuant to Section 43 of Pakistan’s Anti-Dumpin
CHEMBALL of Kaibo Chemical -
Turkey Advances Over $3 Billion Petrochemical Cluster Aiming to Replace 17% of Polypropylene (PP) Demand
Turkey is building a large industrial platform in the eastern Mediterranean that integrates petrochemical production, ports, storage and transportation, and energy infrastructure. On July 23, 2026, Rönesans Holding announced that the total investment
ECHEMI -
Dow's Polyethylene Products Post Strong Profits, Performance Beats Market Expectations
Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow
Plastmatch Global Digest -
U.s. announces new tariff measures! trump plans to restart large-scale war on iran, international oil prices surge, plastic market faces upward pressure
I. Crude Oil Market Dynamics On 7/23, the possibility of further escalation in the Iran-U.S. conflict, coupled with Houthi attacks on Saudi oil tankers, heightened supply risks and drove international oil prices sharply higher. The NYMEX crude oil Se
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