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Peter Vanacker

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Polyolefin major lowers recyclate targets / CEO says group needs to align pace to market conditions / Competitor Borealis seemingly failing to achieve its goals
 		02.03.2026
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Full-year losses in the millions / Management plans lower investments, project postponements to boost 2026 results
 		06.02.2026
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Results deep in red due to billions in write-downs / Cracker in Germany enters extended maintenance
 		06.11.2025
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Revenues and earnings continue to decline / Possible tariffs affect less than 10% of polyolefin sales
 		07.05.2025
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Closure of styrene plant in Netherlands reportedly a done deal / Fourth-quarter losses in hundreds of millions
 		17.02.2025
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Exit from joint venture with German film recycler AFA Nord
 		14.01.2025
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US business lifts spirits for the short term / Earnings down again, significantly
 		06.11.2024
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Start of construction for industrial-scale chemical recycling plant in Germany
 		01.10.2024
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Six European plants identified as non-core assets / All options, including sale and closure, open for these facilities, CEO says / EBITDA drops in Q2 despite rise in sales
 		05.08.2024
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US polymer group puts its European business to the test
 		13.05.2024
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Polyolefin group reports sales, earnings decline / Tighter cost-cutting measures announced
 		06.02.2024
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Acquisition of 35% stake in Saudi's Natpet planned / USD 500 mn deal to boost PP business
 		17.01.2024
CHEMICAL INDUSTRY
Low-carbon group cuts ties with World Economic Forum / CEOs line up to accelerate journey to net zero targets
 		13.12.2023
UPDATE - LYONDELLBASELL
Polyolefin supplier to review profitability of European plants / Management could axe low-margin sites
 		01.12.2023
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Firm takes stake in Dutch recycler De Paauw / Purchase serves as latest acquisition along the value chain
 		25.10.2023
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Development of electric furnace technology / Collaboration with CPChem, Technip Energies
 		26.06.2023
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Refinery shutdown pushed to 2025 / Polyolefins giant cites impact on workforce / Houston to become a circular polymer hub
 		05.06.2023
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Compounds ops to be reorganised, managed separately / Polyolefins weakness hits Europe, Asia in 2022 / Earnings falter
 		08.02.2023
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Profits plummet at polyolefins giant / Launch of value enhancement scheme / Q4 operating rates seen at 75% or lower
 		02.11.2022
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New circular, low carbon solutions unit
 		03.10.2022
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European profits plunge in Q2 / Further cost pressure from energy, raw materials / CEO Vanacker expects positive effects from reopening of Chinese ports
 		08.08.2022
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Deals with US renewable energy suppliers / CO2 emissions to be cut some 225,000 t/y
 		04.07.2022
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Growth continues in Q1 / Significant gains for sales, profits / Earnings decline in Europe
 		05.05.2022
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Vanacker to assume CEO post on 23 May
 		31.03.2022
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Neste boss Peter Vanacker to replace Bob Patel as CEO
 		13.12.2021
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