News and Insights

The proposed Union Pacific acquisition of Norfolk Southern has moved from procedural uncertainty into a formal federal review—but it has not been approved.

Venezuela holds the world's largest proven oil reserves. A new U.S.-backed agreement could change how those reserves are developed and who benefits from the future barrels.

From April 2027, chemically recycled plastic will be able to count towards the UK's 30% recycled-content requirement under the Plastic Packaging Tax (PPT).

Southeast Asia’s battery materials supply chain is taking shape as investments in separator production, battery-cell manufacturing and advanced polyolefin capabilities converge across the region.

Braskem Idesa is moving ahead with a financial restructuring that will reduce its senior debt from approximately $2.5 billion to $1.6 billion, while parent company Braskem continues discussions with creditors over its own balance sheet.

North American polystyrene prices saw their first decline of the year in July, as the sharp drop in benzene costs worked through the styrene chain. Townsend’s survey revealed lower prices for both Crystal and HIPS grades.