BASF and Encina are strengthening their collaboration beyond feedstock supply, aiming to scale circular chemicals production and secure long-term access to recycled raw materials for the global chemical industry.
Celanese has announced the immediate closure of its engineered materials compounding facility in Ulsan, South Korea. Production will be relocated to China and India as the company accelerates its Grow & Fortify strategy and strengthens its manufacturing network across Asia.
SK chemicals announced that seven materials from its ECOTRIA CLARO and SKYPET product families have been officially recognized by RecyClass as compatible with European PET recycling systems, reinforcing the company’s commitment to circular plastics and sustainable recycling technologies.
BASF is restructuring its Ultradur® portfolio with dedicated Aqua grades for drinking water applications and new BPA-free food contact grades designed to meet upcoming EU regulations effective in July 2026.
The European Commission has made definitive its anti-dumping duties on Chinese adipic acid, with tariffs ranging from 29.1% to 42.3%. The move seeks to counter unfair pricing practices, protect over 1,100 EU jobs, and stabilize the European chemical market.
Ongoing disruptions in the Strait of Hormuz are driving a sharp rise in global plastics prices, reshaping supply chains and creating new winners and losers across regions.
Indorama Expands European Footprint with Strategic Titanium Dioxide Plant Acquisition The global chemicals sector continues to consolidate as Indorama strengthens its industrial presence in Europe. The Thai chemical group has acquired Venator’s titanium dioxide plant in Huelva, Spain, adding a major pigment production facility to its expanding portfolio. The move follows a series of asset…
Indorama Ventures reports lower 2025 revenue and gross profit, highlighting margin pressure, cost adjustments and liquidity management challenges in global chemicals markets.
Daicel has postponed the startup of its second cycloolefin copolymer plant in Germany to 2027, citing weak packaging demand and sharply rising construction and labor costs.
