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Companies Polymer Materials Petrochemicals

INEOS OLEFINS EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026	20.02.2023
TOTALENERGIES Earnings skyrocket at petchem unit / Strikes cut output	17.02.2023
QUANTAFUEL Local approval to build UK chemical recycling plant / Completion expected in 2025	17.02.2023
SINGLE-USE PLASTICS LYB, Braskem respond to report on top producers of resins for single use / Indorama stays mum despite “positive outlier” rating / Most major firms decline comment	16.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
TORAY Chemicals giant unveils recycled PA 6.6 from airbag scrap / Bio-based adipic acid said to be world first	13.02.2023
LOGISTICS Naphtha prices soar after earthquakes in Turkey, Syria / Stop on Azeri crude exports from Ceyhan / Bremerhaven preps for giant container ships	10.02.2023
INEOS Preliminary figures show weak European markets / High energy costs, inflation curb demand	10.02.2023
LYONDELLBASELL Compounds ops to be reorganised, managed separately / Polyolefins weakness hits Europe, Asia in 2022 / Earnings falter	08.02.2023
SINGLE-USE PLASTICS SUP waste rises 6 mn t in two years / ExxonMobil, Sinopec, Dow lead production, Minderoo Foundation says / Group wants “polymer premium” levy for resins made of fossil materials	08.02.2023
PERSTORP Company touts “critical” step toward carbon neutrality / EU Innovation Fund Awards EUR 97 mn to Project Air	06.02.2023
DOW Sharp drop in profits in year-end quarter / Chemical giant announces massive cost cuts	27.01.2023
COVESTRO / LANXESS Chempark neighbours share sustainability resources / Cooperation to curb CO2 output / ISCC-PLUS certification	27.01.2023
UPDATE - USA Texas in the grip of tornadoes / Power outages paralyse petrochemical industry / Europe's supply possibly not affected	26.01.2023
BASF Monomers division draws up “ambitious” sustainability roadmap / More than 200 products already certified under RedCert2 or ISCC-Plus	24.01.2023
TOTALENERGIES French energy group books regasification capacity at new Lubmin LNG terminal / Output for customers in eastern Germany	23.01.2023
PLASTIC ENERGY Licencing agreement for Tacoil process in South Korea / Strategic partnership with SK picglobal for Asian countries	19.01.2023
BASF Impairments due to Russian exit of gas unit lead to substantial losses / Profits significantly miss market expectations	18.01.2023
BASF Groundbreaking for MDI production expansion at US site	17.01.2023
LANXESS Pact with TotalEnergies to draw circular styrene for ion exchange resins / Mass balance approach	17.01.2023
OMV Austrian petchem group accelerates realignment	16.01.2023
QATAR QatarEnergy, Chevron Phillips award contracts for giant Qatari cracker / Partners raise target capacity	13.01.2023
LUKOIL Italian refinery sold to Cyprus-based GOI / New owner connected to Israeli producer Carmel Olefins	12.01.2023
USA Petchem plants restart after cold spell / Damage less severe than in 2021	10.01.2023
RUSSIA Petchem industry braces for tough times / Lack of European tech pressures ops / Shortages for some resins	09.01.2023

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