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Polymer Materials

21.06.2023 LANXESS  Speciality chemicals group issues profit warning / Germany 'just not competitive' – CEO Zachert

21.06.2023 COVESTRO  Emirati-run Adnoc makes takeover approach to German resin maker – media reports / Share price jumps

21.06.2023 BASF  Albis, Ultrapolymers to share POM direct sales in Europe

21.06.2023 SIRMAX  Compounder plans further expansion / Firm hits EUR 500 mn in sales / CEO says 2023 to be ‘transitional year'

20.06.2023 NESTE  Green light for plant to improve liquefied waste plastics for resin feedstock / Company to spend over EUR 100 mn on facility

20.06.2023 CABOT  Carbon black maker issues profit warning / Improvement expected in months ahead / Cost cuts planned

20.06.2023 SOLVAY  Split of chemical giant advances / Technical ops to be bundled in ‘Syensqo'

19.06.2023 POLYSTYRENELOOP  Plant for industrial EPS recycling now in regular operation / Initial capacity of 3,000 t/y

19.06.2023 COVESTRO  Resin maker cuts US deal for renewable electricity / Supply from Ørsted to offset 70,000 t of CO2 emissions at site in Texas

16.06.2023 GREINER / AIR UP  Production of bottles to ‘flavour' water returns to Austria / Reshoring from China

15.06.2023 BRASKEM  Brazilian PVC producer Unipar offers billion-dollar deal to compatriot Novonor

15.06.2023 LOBBE  German film recycler FVH ceases operations / High costs, weak demand make reclaim business unprofitable

15.06.2023 CARBIOS  French PET recycling plant planned with Indorama / Duo raises cost estimate to EUR 230 mn

15.06.2023 WERNER & MERTZ  “Making packaging from new plastic is a licence to print money!” / Reinhard Schneider enraged by lobbyists; criticises low recyclate content in detergent industry

14.06.2023 PETROCHEMICAL MARKETS  Polypropylene: Repsol declares force majeure in Tarragona, Spain

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