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Mar 26, 2026
Disruptions to oil and petrochemical flows through the Strait of Hormuz following the outbreak of the Iran war have tightened global chemicals supply and lifted prices of plastics and polymer, used in everything from auto parts to toys, to roughly four-year highs.
Mar 10, 2026
Materials manufacturer Covestro and the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT have signed a contract to operate a 2kt per year pilot plant for smart pyrolysis of rigid polyurethane foam waste. The plant will be operational by 2028. The agreement marks a significant milestone in scaling up the technology to convert insulation...
Feb 06, 2026
On January 30, Covestro announced the completion of a major capacity expansion project at its toluene diisocyanate (TDI) production facility within the Shanghai Integrated Site. This upgrade significantly increases annual TDI production capacity from 310,000 metric tons to 370,000 metric tons, representing a nearly 20% increase.
Feb 03, 2026
Trinseo (NYSE: TSE), a specialty material solutions provider, and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), ABS and SAN grades. Effective February 1, 2026, or depending on existing contract terms, the prices for the products listed below will increase as follows: STYRON™ and STYRON™ X-TECH general purpose polystyrene...
Dic 20, 2025
In a move that redefines its position in the high-performance elastomers arena, Dawn Holding Co., Ltd. (Dawn) has announced plans to acquire an 80% stake in Ningbo SK Synthetic Rubber Co., Ltd., a leading Chinese producer of ethylene propylene diene monomer (EPDM) rubber. The transaction, unveiled on December 10, 2025, marks a pivotal step in...
Nov 03, 2025
SABIC, a global leader in chemicals, today reported positive financial results for the third quarter of 2025, with a net adjusted income of SAR 698 million, recording an increase of 45% compared to the last quarter’s net adjusted income of SAR 484 million. Revenues reached SAR 34.3 billion in the third quarter, while sale volumes...
Ott 10, 2025
BASF and funds managed by global investment firm Carlyle (NASDAQ: CG), in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (“BASF Coatings”).
Set 10, 2025
Sir Jim Ratcliffe, founder and chairman of INEOS, one of the world’s largest chemical companies, has called on Europe’s politicians to make an eleventh-hour intervention to save the chemical industry. In a powerful new interview, Sir Jim says the moment of reckoning has finally arrived for Europe’s chemical industry. It is at a tipping point...
Set 01, 2025
Plastic Energy, a U.K.-based global leader in chemical recycling, has announced production of its first pyrolysis oil at its joint venture plant with SABIC in Geleen, the Netherlands. The company says it marks a key milestone on the road to full commercial operations.
Ago 14, 2025
Covestro has acquired two production sites for HDI derivatives in the USA and Thailand, strengthening its global network for aliphatic isocyanates and advancing its growth strategy in the Solutions & Specialties segment.
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