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Companies Polymer Materials

CZECH REPUBLIC Production of base polymers no longer economically feasible / High energy, other costs erode industry's competitiveness / Crisis in European automotive sector adds pressure	11.02.2025
ENVALIOR German engineering materials supplier to produce PPS compounds in-house	11.02.2025
EASTMAN Full-year sales, net profits rise as destocking ends / Mixed figures for 2024, possibly 2025	10.02.2025
INDONESIA Plastics market to see robust growth up to 2029 / Overwhelming imports affect polymer industry / Impact of plastics waste import ban on recycling sector uncertain	10.02.2025
BOREALIS Tegral Materials to distribute PE, PP in Germany, neighbouring countries	10.02.2025
MARICELL Investor group acquires Italian manufacturer of rigid PVC foams	07.02.2025
BEWI EPS specialist to sell majority stake in feedstocks division to Unipol owner	06.02.2025
DOW CHEMICAL Chemicals group plans to eliminate 1,500 jobs worldwide / Billion-dollar cost-cutting programme launched	06.02.2025
CELANESE Main engineered materials division under new leadership of industry veteran	06.02.2025
EXXONMOBIL MoU worth USD 15 bn for new petchem complex, CCS facility in Indonesia / New ethane plant in Texas on the table / Full-year net income down slightly on impairment	05.02.2025
BRASKEM Polyolefins group commissions first gas transporter / Brilliant Future on maiden voyage to US	05.02.2025
UBE Competition from China pushes PA specialist to shut PA 6 base polymer plants in Asia / Production in Spain to continue	05.02.2025
INEOS STYROLUTION Announced PS increase exceeds rise for feedstock	04.02.2025
LANXESS Q4 2024 significantly better than expected / “We are unperturbed by US punitive tariffs” – CEO Zachert	04.02.2025
CARBIOS French recycling company to undergo restructuring / 40% cut in workforce	04.02.2025
SIAM CEMENT Thai group shuts down Long Son Petrochemicals in Vietnam; production too expensive / Ethane supply agreement with US group	04.02.2025
PENTAC POLYMER German compounder takes over waste manager Proform / Plant opens in Mexico	04.02.2025
GURIT Composites specialist to shut Italian plant for PET structural foams / Processing plant to be sold	03.02.2025
BIOPLASTICS Strong capacity growth forecast in years ahead / Multiple investments proposed worldwide – nova-Institute report	03.02.2025
SOCAR / PETKIM Strategy calls for further polyolefin plants in Turkey / Decision to be made in 2026	03.02.2025
GRUPA AZOTY Negotiations on sale of polyolefin division to Orlen enter crucial phase	31.01.2025
RADICI Distribution partnership with DK Kunststoff for polyamides	31.01.2025
UPDATE - SIBUR Fire breaks out at Kstovo subsidiary; operations halted	30.01.2025
DOW CHEMICAL Cracker in the Netherlands to be shut later this year	30.01.2025
HEXPOL Elastomer specialist records decline in 2024 sales and profit / Lower sales prices and negative currency effects	30.01.2025

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