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Polymer Materials

04.10.2024 LANXESS  Buyer of PU activities found in Japan's Ube / Proceeds to reduce debt

03.10.2024 VERSALIS  Conflict over ‘maintenance' at Sicilian swing line / Plant to be shuttered? / Unions plan to put up a fight

03.10.2024 NOVAPET  Forward integration: acquisition of packaging producer Envases Soplados

03.10.2024 VIONEO  Subsidiary of Danish A.P. Møller plans polyolefin production in Antwerp / Methanol as feedstock material

02.10.2024 POLYSTYRENE  Significant price cuts from Trinseo, Ineos Styrolution

01.10.2024 TRINSEO  Management functions consolidated / PC production to cease by end of January

01.10.2024 COVESTRO  Adnoc submits takeover bid; German giant valued at EUR 11.7 bn / “Financially strong and long-term oriented partner” – CEO Steilemann

01.10.2024 BASF  Petrochemicals and Materials division focus on China and Verbund strategy / “Three-step approach not enough” – criticism from trade union and works council

01.10.2024 LYONDELLBASELL  Start of construction for industrial-scale chemical recycling plant in Germany

30.09.2024 BASF  Reorganisation at chemicals giant / One third of group no longer considered core business / Plastics remain central

27.09.2024 BUTADIENE  NEW at PIE: Spot and contract price reports for the precursor / Supply situation in Europe remains tight; prices likely to remain high / Numerous expansions planned in Asia

26.09.2024 CORRECTION - VINNOLIT  Force majeure on PVC from Germany lifted

26.09.2024 PETROINEOS  Grangemouth refinery to shut in Q2 2025 / Massive losses / Other petchem operations on-site unaffected

26.09.2024 USA  Revised recycling law draft in Congress seeks 30% recyclate in plastic packaging / Bucshon, Davis look to stimulate private sector investment

26.09.2024 IREN  New sorting plant installed in Italy

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