The fourth and fifth production lines have been fully launched; Eastman Dalian’s production capacity has been upgraded in alignment with global standards.

• End-to-end control: Digital tracking and management across the entire process—from raw materials to finished products. • Standards exceeding national requirements: Adoption of globally advanced standards to ensure exceptional product quality. • Sustainability at the core: Commitment to environmentally responsible manufacturing and establishment of a sustainable production system based on resource recycling. • Long-term validation: Rigorous environmental testing to guarantee long-term product reliability. • Micro-precision manufacturing: Ultra-precise control at the micro-level throughout production. • Intelligent assurance: Smart, automated quality assurance systems. • Zero-tolerance principle: Zero tolerance for quality deviations—ensuring uncompromised quality. Meanwhile, Eastman has established close collaboration with China National Building Materials Testing & Certification Group (CNBMTC), a leading authority in automotive glass and functional film testing and certification in China. At this ceremony, CNBMTC announced its newly developed standard, “Method for Testing and Evaluating Optical and Thermal Performance of Automotive Glass,” highlighting its leadership in advancing domestic and international industry standardization. Equipped with state-of-the-art laboratory facilities, CNBMTC’s professional certification system provides robust support for industry regulation and consumer confidence. Eastman remains committed to actively promoting standardization initiatives to advance industry norms and sustainable development. The Dalian facility serves as a key pilot site for Eastman’s “Next-Generation Manufacturing” philosophy—featuring advanced equipment and stringent operational standards, with emphasis on cleanliness, micro-precision, environmental responsibility, and talent development. The campus boasts a green coverage rate exceeding 40%, earning it the title of a “breathing eco-factory.” It is also equipped with a visualized management system enabling intelligent monitoring of safety, equipment status, environmental indicators, and risk warnings—ensuring high-quality, high-safety production standards while significantly enhancing employees’ work and life experience on-site, embodying Eastman’s corporate culture of greenness and humanity. Following the launch ceremony, Brad Lich, Executive Vice President and Chief Commercial Officer of Eastman, stated in an interview: “Eastman is consistently at the forefront of innovation. The Chinese market lies at the heart of Eastman’s business strategy—driving sustainable growth and delivering enduring value to customers and society.” All Eastman innovations are grounded in sustainability—aiming to enhance quality of life and address challenges related to energy, climate change, and population growth. Today, we proudly operate the world’s largest chemical recycling facility, which transforms waste plastic into high-quality products suitable for food-grade, medical-grade, and numerous other applications—capable of processing plastic equivalent to 11 billion water bottles. If measured in water bottles, this means removing 11 billion bottles from the environment and converting them into new products. The recycled materials are then reincorporated into diverse plastic products and films—including water bottles, household appliances, and many others. Gulferaz Ali, Vice President and Managing Director of Eastman Asia Pacific, added in his interview: “In 2024, the Asia-Pacific region accounted for 25% of Eastman’s global business, with China contributing 11%—an indispensable driver of growth. Eastman has long been deeply rooted in the Asia-Pacific market, which is critical to our global growth strategy. We operate eight production bases across China and maintain a research and development center in Shanghai to respond swiftly to evolving market demands. China’s focus on innovation-driven development, manufacturing upgrading, and sustainability aligns closely with Eastman’s strategic direction—and forms a core engine of our growth. We hold strong confidence in China’s long-term, sustainable development prospects and believe Eastman will achieve further growth here. Today’s expansion at the Dalian plant reaffirms our commitment to the Chinese market.

Q2 2026 financial reports are out! BASF, Dow, SABIC, LyondellBasell… Which businesses are profitable?!

In Q2 2026, LyondellBasell reported sales of USD 9.177 billion and net income of USD 559 million—up from Q1. The company attributed the improvement to expanding margins driven by improved market conditions, strong commercial execution, and flexibility afforded by its global asset footprint. Peter Vanacker, CEO of LyondellBasell, stated that the company responded to supply chain volatility and market shifts by increasing operating rates, optimizing its global asset portfolio, and advancing divestiture and cost-improvement initiatives. Its globally diversified asset base and supply chain flexibility have enhanced operational resilience, enabled continued cost reduction and margin improvement, and strengthened cash generation capability. ▲ Photo taken at CHINAPLAS 2026 International Rubber & Plastics Exhibition. Borealis International: Revenue of USD 5.508 billion Borealis International AG—the newly formed global No. 4 polyolefins producer—was established at the end of March this year. With annual polymer capacity reaching 13.6 million tons, it ranks just behind Sinopec, PetroChina, and SABIC. In Q2 2026, Borealis International reported revenue of USD 5.508 billion and net income of USD 763 million. The company noted that geopolitical events in the Middle East triggered a global polyolefins supply shortage, causing benchmark polyolefins prices in Q2 2026 to rise 50% on average compared to Q1. Evonik: Sales of EUR 3.893 billion Evonik delivered strong Q2 2026 results: Adjusted EBITDA rose 24% year-on-year to EUR 630 million; sales increased 11% to EUR 3.893 billion—with both volume and selling prices up 7%. Net profit stood at EUR 84 million, and free cash flow reached EUR 49 million. Evonik’s 2026 cash conversion target remains at approximately 40% (vs. 37% in 2025). Evonik capitalized on market opportunities arising from global supply chain bottlenecks—particularly in its Advanced Technologies business segment. Disruptions to global maritime shipping—especially around the Arabian Peninsula—have hampered raw material procurement for Asian competitors. Meanwhile, its Animal Nutrition business continues to perform well. ▲ Photo taken at CHINAPLAS 2026 International Rubber & Plastics Exhibition. Eastman: Sales of approx. USD 2.513 billion In Q2 2026, Eastman achieved sales of approximately USD 2.513 billion, up 10% year-on-year. Its Specialty Materials, Additives & Functional Materials businesses benefited from higher volumes and optimized product mix, resulting in improved profitability. The company continues to advance its circular economy-related business initiatives. ▲ Image source: Eastman Arkema: Sales of EUR 2.428 billion Despite severe challenges—including Middle East conflict, rising raw material costs, and widespread supply chain disruptions—Arkema delivered solid Q2 2026 performance. In Q2 2026, Arkema reported sales of EUR 2.428 billion and EBITDA of EUR 391 million—a 7.4% increase year-on-year. Adhesives and coatings performed strongly, while High-Performance Polymers also showed further positive momentum. ▲ Photo taken at CHINAPLAS 2026 International Rubber & Plastics Exhibition—Arkema booth.

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