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Olefins news
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.
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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
24 March 2026
MAIRE's Nextchem awarded two NX Replast™ feasibility studies for plastic upcycling in Southern Africa and Southeast Asia
Feasibility studies for two mechanical upcycling plants: ~25 KTPA in Southern Africa and 40 KTPA in Southeast Asia to convert polyolefin waste into high-quality compounded r-polymers
24 March 2026
Sinopec Reports 2025 Results in Hong Kong
2025 results: revenue RMB2.78T; profit RMB32.476B; EPS RMB0.268; dividend RMB0.20/share. Oil/gas output rose; refining, chemicals and fuel sales grew; tech/digital advances.
11 March 2026
Rompetrol Rafinare Launches New Polymer Grade
Rompetrol's new polypropylene copolymer targets automotive and food sectors, offering enhanced properties. Initial production reached 187 tons, with an annual estimate of 11,000 tons.
5 March 2026
Refining and Chemical Engineering Group Secures Kazakhstan Butadiene Project
The project enhances Kazakhstan's petrochemical industry, offering technology licensing, design, procurement, and construction to boost synthetic material supply and industry transformation.
3 March 2026
Dow Receives CAD $1.62 Billion from NOVA After Court Decision
Dow received CAD $1.8 billion, including damages and costs, after NOVA's appeal was denied. The payment is subject to tax withholding, expected to be refunded by year-end.
27 February 2026
BASF Advances "Winning Ways" Strategy Milestones
BASF boosts free cash flow, starts Zhanjiang plants, and cuts costs. 2025 EBITDA drops to €6.6B; 2026 outlook: €6.2-7.0B EBITDA, €1.5-2.3B free cash flow.
26 February 2026
Clariant Achieves Third Year of EBITDA Margin Growth
Q4 2025 sales rose 1% in local currencies. FY 2025 EBITDA margin up 180 basis points to 17.8%. Performance programs saved CHF 50M. 2026 sales expected flat; EBITDA margin around 18%.
26 February 2026
Technip Energies 2025 Financial Results
Strong 2025 results with revenue and EBITDA growth, dividend increase, share buyback, and strategic acquisition. Positive outlook for 2026 with robust backlog and sustainability focus.
23 February 2026
Sasol Advances Strategic Goals, Meets CMD Targets
Sasol reports stable turnover, improved production, and reduced costs. Despite lower earnings, free cash flow rose, supported by strategic initiatives and disciplined management.
23 February 2026
Sasol Advances Strategic Goals, Meets CMD Targets
Despite a challenging macro environment, Sasol improved production, managed costs, and increased free cash flow, while advancing its Grow and Transform strategy.
19 February 2026
INEOS Secures €300M French Grant to Decarbonise Lavera Site
The investment cuts CO2 by 331,000 tonnes annually, secures jobs, boosts competitiveness, and supports France's industrial and climate goals through electrification and carbon capture.
13 February 2026
Blue Circle Olefins and Chane Partner for Rotterdam Facility
They signed a co-siting agreement for a 200 kton olefins facility in Rotterdam, leveraging logistics and storage for renewable methanol feedstocks.
8 February 2026
Toray Unveils PFAS-Free Flexible PPS Resin with Flame Retardancy and Heat Resistance
New PPS resin offers cost-effective, PFAS-free solution for cooling pipes and electrical parts, enhancing flexibility, flame retardancy, and heat resistance for diverse applications.
6 February 2026
Borealis Wins Nouryon Supplier of the Year Award
Borealis earned the award for excellence in reliability, sustainability, and collaboration, enhancing Nouryon's supply chain and customer value.
5 February 2026
BASF Highlights Light Stabilizers for Plastic Durability at Plastindia 2026
BASF showcases additives enhancing plastic durability in agriculture, power cables, pontoons, and storage tanks at Plastindia 2026.
4 February 2026
OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025
OMV's 2025 results show strong cash flow, low leverage, and improved chemicals and fuels performance, despite lower energy results. Dividend proposed at EUR 4.40 per share.
29 January 2026
Dow Q4 2025 Financial Results
Net sales fell 9% YoY. GAAP net loss was $1.5B. Op. EBIT dropped $421M. Cost savings partly offset declines. Dividends totaled $251M. CEO highlights cost actions and future productivity goals.
27 January 2026
Asahi Kasei, Mitsui, and Mitsubishi to Merge Ethylene Production
The companies will consolidate ethylene production in western Japan, aiming for decarbonization by using biomass feedstock and Revolefin™ technology, targeting fiscal 2030 and 2034 milestones.
27 January 2026
Nouryon Announces 2025 Supplier of the Year Awards
Nouryon recognizes suppliers for innovation, resilience, and sustainability, enhancing its supply chain and customer value.
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