Lummus Technology and Sumitomo Chemical launch commercial PMMA chemical recycling technology, enabling closed-loop production, lower emissions, and scalable circular plastics manufacturing.
Borouge posts a remarkable $1.1 billion net profit in 2025, driven by record production, strong demand, high-value products, and industry-leading EBITDA margins.
SOHAR Port and Freezone secures a $550 million PTA PET complex, reinforcing Oman’s industrial diversification, export capacity, and role as a globally competitive petrochemical hub.
Technip Energies wins a strategic EPCC contract from BPCL for new polypropylene and butene-1 plants at the Bina refinery, reinforcing India’s petrochemical growth.
A weak PET market continues to pressure the Europe MEG market, as cautious buyers, rising imports, and trade uncertainty reshape demand, pricing, and contract strategies for 2026.
Toray Industries unveils an energy saving bioreactor technology that cuts chemical conversion energy use by up to ninety percent while improving safety and sustainability.
Hard technology startups – Responsible luxury textiles – Full price table (22/12/2025 →29/12/2025) Product / market — prices for 22/12/2025 and 29/12/2025 (units as listed) ITEM 22/12/2025 29/12/2025 +/− Bottle grade PET chips domestic market 5,800 yuan/ton 6,030 yuan/ton +230 Chinese bottle-grade PET chips FOB export price 750 $/ton 795 $/ton +45 LDPE CFR Est…
SIBUR has secured approval to build a 5,000 ton per year plastic pyrolysis plant in Nizhnekamsk, advancing chemical recycling, circular economy goals, and sustainable polymer production in Russia.
North American PET bottle resin prices dropped by 1 cent per pound in November due to declining demand and lower raw material costs across the packaging sector.
