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Olefins news
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.
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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.
30 April 2026
OMV: Clean CCS operating result ~EUR 1.0bn in Q1 2026
Q1: operating cash flow €776m (€1,624m excl NWC, +20%); net income €323m; leverage 17%. Energy down, Fuels flat, Chemicals up on Borealis reclass. and higher polyolefin margins; Borouge closed
29 April 2026
BASF’s industrial Cathedral and the ground it stands on
Integrated site captured synergies for decades—cutting costs, funding R&D—but gas-price shock in 2022 exposed systemic risk; response: restructure Ludwigshafen and expand production abroad.
29 April 2026
Worley to deliver FEED for Dow Path2Zero cogeneration in Canada
FEED for cogeneration with post-combustion carbon capture; brownfield unit targeted by 2030 to support net-zero Scope 1/2 and expand low-carbon polyethylene output.
28 April 2026
Clariant launches CATOFIN 1000 PDH catalyst
New PDH catalyst improves selectivity and productivity vs 310 series, extends lifetime, cuts tar precursors up to 20% to reduce fouling and works with CLARITY monitoring
23 April 2026
Tianjin Petrochemical’s First Domestic Slurry Pump Completes 4,000‑Hour Verification at Nangang Ethylene
Pump for UHMWPE slurry-process outperforms imports in tests; fixes clogging/wear in high-solid slurries, enabling localization, lower CapEx/OpEx and improved supply-chain security.
22 April 2026
INEOS: Project ONE could be Europe’s last petrochemical investment
€4.5bn for a new Antwerp ethylene cracker cutting CO2 by two‑thirds vs EU average; no Innovation Fund support. If ETS Booster won’t back it, Europe risks losing large-scale petrochemical investment.
20 April 2026
Honeywell to support Dangote’s petrochemical expansion
Provide Oleflex tech to add 750,000 tpy propylene and petrochemical catalysts to produce 400,000 tpy linear alkylbenzene, boosting regional supply chains and industrial growth.
9 April 2026
Technip Energies wins Long Son Petrochemicals ethane-conversion contract
Contract to convert a Vietnamese steam cracker from naphtha to ethane: EPC/EP services, site support and burners using USC and HRS tech to boost selectivity, efficiency and reduce carbon intensity.
8 April 2026
BASF: 95‑t plate falling‑film evaporator arrives at Ludwigshafen
Heat pump under construction will use waste heat and renewable electricity to generate ~500,000 t/yr CO₂‑free steam (50 MW), cutting ~100,000 t CO₂/yr for formic acid production; commissioning mid‑2027.
3 April 2026
Borealis Kallo PDH2 2025 update
Project surpassed 97% construction and precommissioning in 2025; remaining insulation and commissioning work. Start-up planned for H2 2026.
26 March 2026
BASF opens world-scale Verbund site in Zhanjiang, China
World-scale integrated chemical site with 2,000 staff; basic, intermediate and specialty chemicals; 100% renewable power; 1 Mt/yr ethylene cracker with e-drive compressors; up to 50% lower CO2; €8.7bn
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