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News by region and country

Europe

30.04.2025 PETROCHEMICAL MARKETS  PET: Spain's Novapet reportedly faces problems after blackout

30.04.2025 POLYMER PRICES  Benzene May: Contract falls to lowest level since start of 2021

30.04.2025 HEXPOL  Majority of Turkish compounder Kabkom acquired

30.04.2025 GENUIT  UK pipe manufacturer reports decline in sales, profits in 2024 / Signs of market stabilisation in second half of year

30.04.2025 ORBIA  Sales still sliding / Substantial losses in polymers business / Profit warning for 2025

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North America

30.04.2025 ORBIA  Sales still sliding / Substantial losses in polymers business / Profit warning for 2025

25.04.2025 DOW CHEMICAL  US group to review closure of cracker in Germany and other activities in Europe

25.04.2025 PLASTIC FANTASTIC A whale of a problem

24.04.2025 WORLD ECONOMY  IMF again slashes global growth estimates / Berlin expects flat GDP this year / Tariff chaos drives fears / German, EU spending set to support Europe

23.04.2025 INEOS  Third major US energy deal passes regulatory muster / Terms not disclosed / “Attractive” market

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Australia

04.10.2024 PLASTICS AND ENVIRONMENT  WWF raises case for new anti-plastic-pollution goals ahead of INC-5

19.06.2024 GREENDOT  Agreement with PepsiCo to expand capacities / Chemical recycling in Germany, France

04.06.2024 STELLANTIS Electric vehicle JV to ramp up sales across Europe, India, and beyond / Huge lack of charging points across Europe

28.03.2024 PLASTIC PACKAGING Aldi Ireland, Cadbury Australia replace plastic packaging on Easter egg chocolates / UK, Australia see sweet treats as “over packaged”

13.09.2023 ENERGY TRANSITION  Geopolitical risks remain for critical materials supply chains – report / Diversification is key

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Asia

30.04.2025 WANHUA CHEMICAL  Kuwait's PIC buys 25% of world market leader in isocyanates

29.04.2025 PLASTICS MARKETS  Global production continues uptrend, seen doubling by 2025 / Waste incineration increases, landfill declines / Recycling stagnant in challenging environment

25.04.2025 NIPPON ELECTRIC GLASS  Japanese glass fibre producer puts remaining UK plant under ‘strategic review'

24.04.2025 BASF  Second plant for PU elastomer parts in Shanghai / EUR 60 mn investment

24.04.2025 INDIAN OIL  Petchem project in eastern India takes shape / Tech licences from LyondellBasell, Univation

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South America

27.03.2025 POLYURETHANE MARKET  World TPU demand to rise by 2.5% in 2025 / Growth relies on specialised grades and advanced formulations – IAL Consultants report

26.03.2025 RADICI  Polyamide specialist now with larger site, expanded PA compounding capacity in Brazil

12.03.2025 BRASKEM  Negative currency effects push results deeper into the red / Expansion of PE capacity in Brazil

27.02.2025 OBEN GROUP  Film producer tasks Brückner with biggest BOPP line worldwide / Installation planned in Mexico

17.02.2025 XPS  Global volumes projected at nearly 1.4 mn t by 2030 / Construction of energy-efficient buildings push growth / Asia-Pacific main driver – report

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Africa

30.04.2025 EGYPT  Polyolefin manufacturer Sidpec reports good performance despite global market challenges / Petchem output to triple by 2030 / Chinese-Egyptian JV to design Red Sea petrochemicals complex

23.04.2025 RUSSIA  Polymer exports drop by a third since 2021 / Betting on Asia not paid off / Trade war brings challenges

22.04.2025 KURARAY  Significant markups for PVOH materials

03.03.2025 ALBIS German distributor establishes second subsidiary in Morocco

03.02.2025 BIOPLASTICS  Strong capacity growth forecast in years ahead / Multiple investments proposed worldwide – nova-Institute report

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