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Markets Polymer Materials Petrochemicals

SAUDI ARAMCO Plans for petrochemicals in Saudi Arabia / New cracker construction with partner Sinopec	15.04.2025
VENCOREX Lyon insolvency court rules in favour of Wanhua / 50 employees to be taken on	14.04.2025
OMV Polyolefin sales volumes up 11.7% in Q1 2025 / Indicator margins for PE, propylene rise / PP indicator margin down	11.04.2025
NESTE Finnish oil refiner to cut over 500 jobs / Move follows profits collapse in 2024	10.04.2025
FUTERRO PLA technology company advances French biorefinery project with design contracts	09.04.2025
PLASTIC PACKAGING GERMANY Mood of packaging and film manufacturers ‘slightly brighter' – IK business survey	08.04.2025
UPDATE - PETROCHEMICAL MARKETS Ethylene: BASF reportedly declares force majeure for plants in Ludwigshafen, Antwerp	04.04.2025
ADIPIC ACID EU starts anti-dumping investigation into Chinese imports	01.04.2025
CHEMICAL INDUSTRY Carbon capture can play important role for defossilisation / Agricultural and woody biomass can supply one-fifth of future carbon demand in Europe – nova-Institute report	01.04.2025
BASF Commercial production of Loopamid kicks off / rPA 6 to be sourced from textile waste	31.03.2025
SHELL Sale of chemicals business in Europe and US confirmed / CEO Sawan considers “selective closures”	28.03.2025
GERMAN ECONOMY More optimism in German boardrooms / Fiscal stimulus package and looming US tariffs / Mood improves among makers of plastics goods	27.03.2025
GERMAN ECONOMY Will the German plastics industry benefit from EUR 1 tn special fund? / Assessment by PIE market expert Martin Bäcker	26.03.2025
PYRUM Pyrolysis specialist agrees to build waste tyre recycling thermolysis plant at VTTI's Antwerp port terminal	21.03.2025
LYONDELLBASELL / COVESTRO Final closure of styrene plant in Netherlands	19.03.2025
GERMAN ECONOMY Chemical industry sentiment worsens / Lowest level for more than two years – Ifo Institute	19.03.2025
EUROPEAN CHEMICAL INDUSTRY Eight EU countries call on commission to develop Critical Chemicals Act	18.03.2025
CHEMICAL INDUSTRY GERMANY “A year to forget”: VCI writes off 2024 / Final quarter particularly disappointing / Stagnation expected in 2025	17.03.2025
VERSALIS Memorandum of understanding for restructuring: Important trade union refuses to sign	14.03.2025
SHELL Energy giant may quit chemicals in US and Europe / Asset sales planned?	06.03.2025
BP Back to petroleum / CEO says renewables don't pay / Activist shareholder holds sway	05.03.2025
BOROUGE INTERNATIONAL Adnoc and OMV create USD 60 bn chemical giant / Borealis and Borouge to be combined / Nova Chemicals acquisition confirmed	04.03.2025
BASF Petrochemical giant plans MDI expansion in Shanghai / Group capacity set to rise nearly 500,000 t/y	03.03.2025
SAHARA INTERNATIONAL Cracker project planned with LyondellBasell in Saudi Arabia	03.03.2025
MOL Hungarian group profits fall in 2024 as petrochemicals remain in the red / Force Majeure at Bratislava lifted / Bottle deposit return scheme ramps up despite losses	28.02.2025

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