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Polymer Materials

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 GERMAN CHEMICAL INDUSTRY  VCI reports continued slump in sector / No recovery in demand expected for winter months

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 IREN  New sorting plant installed in Italy

25.09.2024 EUROPEAN ECONOMY  Business confidence in Germany slumps again / Mood sours among domestic processors / German economy to shrink this year? / Euro area growth in danger

25.09.2024 BIESTERFELD  German distributor opens sales office in Latvia

24.09.2024 PLASTICS INDUSTRY GERMANY  Association reports recovery at low level / Production rises moderately / Order books continue to empty

24.09.2024 SUMITOMO CHEMICAL  PMMA capacity to be reduced significantly / Sale of subsidiary Bakelite

24.09.2024 RUSSIA  Tomskneftekhim to invest EUR 145 mn in PE, PP capacity expansion / Lack of Western technologies a pressing issue for Russian firms – opinion poll

24.09.2024 BOREALIS  Supply of chemically recycled PE for water pipes in Vienna

23.09.2024 SAUDI ARAMCO  Energy-security deals inked with Chinese firms / Acquisitions weighed

20.09.2024 TOTALENERGIES  Cancellation of Europe-wide force majeure on polypropylene deliveries

19.09.2024 EPS RECYCLING  EPSolutely pilot project gathers insulation board trimmings in Austria / QR codes on collection bags help boost reclaim

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