Covestro

MDI, PA 6: BASF declares force majeure on polyurethane feedstock / FM on polyamide extended

“The Green Deal needs a business model” / Chemical segment fears for its competitiveness against global competition

Polyurethane feedstocks April 2024: Production problems push prices up / Further upward trend likely to be limited due to weak demand / Some customer segments remain below potential

Styrene, propylene oxide, polyether polyols: Covestro, LyondellBasell declare force majeure

MDI: Reported outage of major BorsodChem plant in Hungary

ISCC Plus certification for Technyl, Domamid / PA with reduced carbon footprint

Plastics producer still in the red / Full-year revenues sink one-fifth as cost cuts partly arrest profit decline

Triple-digit surcharges for polycarbonate and blends

World's first bio-based aniline pilot plant starts operation / Process to be tested together with German academic partners

Takeover talks with Adnoc reportedly stalled

Commissioning completed on Dutch polyol recycling plant / Polyurethane foam from waste mattresses repurposed

North America January 2024: Crackers, refineries come to a halt due to cold weather / Higher feedstock costs prevent decreases / Standard grades expected higher in February, engineering plastics to remain weak

German PU systems operator buys Belgian competitor Isotrie

Encina to supply circular feedstock / US firm to produce at new plant by 2027

Better results likely in 2024 / Demand to remain soft / Firms send mixed messages

Will advanced – or chemical – recycling be the silver bullet for hard-to-recycle plastics?

Adnoc increases takeover bid again / Middle Eastern petchem group continues push for acquisitions

The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties

Veil of gloom remains / Sales, output fall in 2023 / More declines expected in coming year

Who gives a hoot about climate? / UN conference without, then with fossil fuel phase-out

Borealis, Borouge reportedly on the verge of a merger

Low-carbon group cuts ties with World Economic Forum / CEOs line up to accelerate journey to net zero targets

State-owned company reportedly plans to acquire BASF subsidiary Wintershall Dea

Fire hits production site in Tarragona, Spain

Billion-euro purchase offer from Adnoc / Emirates group plans to extend downstream value chain