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Olefins news
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
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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
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.
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