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Olefins news
14 August 2026
Rompetrol Rafinare posts solid H1 2026 results
Consolidated turnover +25% to USD 3.5bn; EBITDA +65% to USD 128.1m and net profit USD 40.4m. Petromidia shifted output toward domestic market; H2 outlook cautious.
14 August 2026
PTT Global Chemical LDPE plant wins Prime Minister’s Outstanding Industry Award 2025 for safety
Recognized for over 3,400 accident‑free days, 15 years without Tier 1/2 PSEs, and extensive digital and community emergency systems.
6 August 2026
ORLEN Group posts record Q2 2026 profits and PLN 14.7bn H1 capex
Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.
31 July 2026
OMV Q2 2026: Clean CCS operating result €1,706m
Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
31 July 2026
Clariant Q2 2026: margins improve and Amsterdam court dismisses Shell ethylene claim
Q2 comparable sales roughly flat; EBITDA margin up 80bp; performance-savings target raised to CHF100m; Amsterdam court dismissed Shell and Stichting Ethylene Claims suits.
31 July 2026
MCG Group Q1 consolidated results (FY Mar 2027)
Sales rose 14% to ¥1,004.2bn; core operating income doubled to ¥114.1bn. Semiconductor demand, higher prices, FX and Middle East-driven naphtha effects boosted performance.
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31 July 2026
Borouge Plc delivers 23% QoQ net profit rise despite Ruwais incident
Restored full production after 5 April incident; shipped all available volumes plus inventory; realised prices rose 53% QoQ; margins squeezed by higher logistics and propylene costs.
29 July 2026
Silleno delivers project's largest fractional column
A 101.8 m, 1,500 t fractional column for ethylene separation arrived on site, built at AtyrauNefteMash and moved on an SPMT to the National Industrial Petrochemical Technology Park.
29 July 2026
SABIC Q2 2026 revenue $6.62bn; earnings fall
Q2 sales fell 5% Q-o-Q; adjusted EBITDA SAR 3.38bn; H1 dividend SAR 3.3bn; Fujian complex start-up expected Q4 2026.
29 July 2026
BASF reports stronger Q2 results, advances restructuring and portfolio moves
Earnings rose across most segments on stronger prices and volumes; Q2 sales €17.2bn and EBITDA before special items €2.4bn; full-year EBITDA guidance lifted to €6.9–7.7bn.
28 July 2026
INEOS Project ONE: final cracker modules reach Antwerp after Strait of Hormuz delay
First of two final heavy modules reached Antwerp after months trapped in the Strait of Hormuz; second expected shortly as installation and commissioning enter peak phase.
23 July 2026
Dow Q2 2026 results: $12.1B sales, operating EBIT $1.65B
Operating EPS $1.44 and GAAP EPS $0.99; cash from operations $1.3B; self‑help benefits raised by ~$200M to >$1.3B; polyethylene-led price gains offset by lower volumes and maintenance.
22 July 2026
Pirelli, Pyrum, Synthos and BASF launch tyre-to-tyre circular supply chain
Converts end-of-life and scrap tyres into recovered carbon black, tyre pyrolysis oil and ISCC PLUS‑certified synthetic rubber for reuse in tyre production.
16 July 2026
Infinium supplies eNaphtha for On's CleanCloud EVA midsole
CO₂‑derived eNaphtha used as a drop‑in feedstock to produce EVA midsoles at commercial scale; shipments began in 2024, ISCC PLUS chain‑of‑custody, and more than one million pairs produced.
16 July 2026
SABIC and Rongsheng sign PDA for Jintang New Materials project in Zhoushan
Evaluating up to 50% stake in Zhoushan advanced-materials project; PDA sets framework toward a potential FID and joint development.
10 July 2026
Sinopec wins three 2025 national science and technology awards
Three projects received national awards: a second‑prize Progress Award for a liquid‑holding particle fluidized bed ethylene polymerization process and two second‑prize Technology Invention Awards.
9 July 2026
INEOS and Recuro to build advanced pyrolysis recycling plant at Bamble (33,000 t/yr)
Advanced pyrolysis plant at Bamble will process 33,000 t/yr of end-of-life plastics, powered by renewable energy to produce recycled ethylene and virgin-quality recycled polyethylene.
9 July 2026
Rompetrol Rafinare Petromidia marks 50-year milestone
50-year anniversary of the Năvodari refinery; built on reclaimed land, now a 29‑unit complex with >5 Mtpa capacity, Nelson Complexity 9.32 and 2025 production records.
6 July 2026
INEOS' Sir Jim Ratcliffe urges von der Leyen to protect Europe's chemical industry
Warns China is dumping excess chemical capacity into Europe, calls for faster trade safeguards and ETS Investment Booster support for Project ONE (€5bn) low‑carbon ethylene.
2 July 2026
Rompetrol Rafinare: APC digital control boosts Petromidia production and cuts costs
Automated process control increased high‑value product yields, lifted utilization to 98.1% and delivered estimated savings of over USD 2.5M in 2025.
2 July 2026
Axens acquires Air Liquide's Lurgi Methanol-to-Propylene (MTP) technology
Adds a methanol-to-jet route to its SAF toolkit, enabling conversion of methanol into olefins that can be processed into sustainable aviation fuel.
25 June 2026
Borouge launches Queo 7030LA-P polyolefin elastomer
Low-density, high-melt-flow elastomer that improves flexibility, processing and filler loading for TPOs, adhesives and highly filled compounds.
16 June 2026
Sinopec selected for 2026 low‑carbon case
Chosen among 28 'Finding Zero‑Carbon Factories' cases for 2026; honoured for 16 consecutive years and highlighted for projects, capacity and efficiency measures.
10 June 2026
Evonik advances chemical recycling with Purocel adsorbents and modular units
Improves pyrolysis-oil quality for steam crackers by removing chlorine, nitrogen and silicon; specific adsorbents cut chlorides up to threefold and modular columns enable flexible plant integration.
10 June 2026
ARLANXEO and Covestro reduce Baypren GWP using ISCC PLUS chlorine
Switch to ISCC PLUS-certified chlorine lowers chloroprene rubber emissions; full conversion completed Jan 2026, ~20% GWP cut versus 2025; Eco grades add certified butadiene.
8 June 2026
BASF launches Oppanol® N PLUS binder for next‑generation EV batteries
High‑spec polyisobutene binder for solid‑state and advanced EV batteries; narrow specs reduce production variability; fresh stock and 20 kg packaging support OEMs.
5 June 2026
Röhm opens Bay City MMA plant as LiMA technology reaches full industrial scale
Proprietary LiMA process reaches full industrial scale; Bay City becomes North America’s first C2‑based MMA site with 250,000 tpa capacity and enhanced sustainability measures.
29 May 2026
Rompetrol Rafinare Q1 2026: Turnover up 8%, net profit achieved
Q1: EBITDA $27.5M; March shutdown (700+ tasks) completed; Petromidia processed ~1.2Mt, white product yield 83.76%; domestic fuel share 66%; state contribution $577M
12 May 2026
Asahi Kasei to Realign Material Supply by FY2030
Streamline Mizushima Works by FY2030; no immediate supply impact. Exiting low-margin derivative businesses (¥116.2bn 2025) to boost margins, free capital for pharma, healthcare, homes, electronics.
12 May 2026
Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical agree 45/45/10 equity split for western Japan ethylene JV
Plan to integrate western Japan ethylene assets: close Mizushima plant by 2030 and consolidate operations at a single site to decarbonize, optimize capacity and strengthen competitiveness.
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