Avantium will sell the intellectual property behind its Ray Technology® platform to UPM in a €2.7 million transaction, marking a strategic shift toward its FDCA and PEF renewable polymer business.
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.
Lone Star Funds has acquired DOMO Engineered Materials and integrated it with selected RadiciGroup operations following the bankruptcy of several DOMO Group companies in Belgium. The deal preserves key manufacturing plants, international offices, and engineering plastics activities across Europe, Asia, and North America.
HyperBarrier is an innovative packaging technology designed to improve recyclability while reducing plastic usage. Developed for paper-based flexible packaging, it delivers superior oxygen, moisture, and oil barrier protection, helping industries create sustainable and high-performance packaging solutions for the future.
The ContiTech restructuring agreement with German unions outlines workforce reductions, operational changes, and strategic investments designed to improve competitiveness and prepare the business for future industrial transformation.
Comprehensive market intelligence report on the global PET bottle grade resin and recycled PET (rPET) industry as of May 2026. Covers virgin PET production by country, food-grade rPET prices, recycling technologies, EU and global regulations, CSD vs mineral water segmentation, and a scenario-based outlook to 2035. Essential reading for resin producers, beverage companies, investors, and packaging manufacturers.
Celanese is restructuring its engineered materials division by closing its Singapore nylon plant and reducing production capacity in the U.S. The company says the move will streamline operations, improve efficiency, and support its long-term “Grow & Fortify” strategy while ensuring a gradual transition through 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.
A clear breakdown of BASF Q1 2026 results, highlighting financial performance, risks, and outlook in a volatile global market.
