BASF SE has confirmed preliminary discussions with RAG-Stiftung and Evonik Industries AG regarding a massive potential acquisition that could create an $84 billion European chemicals giant.
Seventy European packaging and plastics associations urge the EU Commission to anchor the Circular Economy Act in Internal Market law, warning that fragmented waste rules undermine competitiveness and recycling targets.
LyondellBasell revises its 2030 climate and circularity targets, lowering emissions reduction goals while reaffirming investment in recycling, renewable polymers and low-carbon growth.
The European Union is tightening industrial policy rules to protect its automotive industry from Chinese electric vehicle dominance, reshaping supply chains, investment flows, and global competition dynamics.
Indorama Ventures has exited its Czech PET recycling investment after German regulatory changes undermined feedstock quality, forcing a strategic withdrawal under its IVL 2.0 optimisation plan.
