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Olefins news
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.
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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.
27 January 2026
Asahi Kasei, Mitsui, and Mitsubishi Collaborate on Decarbonizing Ethylene Production in Japan
The companies plan to consolidate ethylene production, use bioethanol, and dismantle outdated facilities to enhance decarbonization and optimize operations by 2034.
19 January 2026
Coolbrook Adds Robin von Plettenberg to Board
Robin von Plettenberg joins the board to guide strategy, financing, and governance, leveraging his expertise in clean technologies and industrial projects.
8 January 2026
Fluor Completes BASF's Zhanjiang Verbund Site in South China
Fluor achieved mechanical completion with over 75 million safe work hours. The site will be BASF's third largest, focusing on sustainable production for the Chinese market.
8 January 2026
SABIC Divests European Petrochemicals and Americas/Europe Engineering Thermoplastics for $950 Million
The divestments aim to optimize the portfolio, enhance cash flow, and focus on high-margin markets, while maintaining strategic access and customer service.
7 January 2026
BASF Launches Steam Cracker at Zhanjiang Verbund Site
The steam cracker at Zhanjiang uses 100% renewable energy, producing key chemicals for BASF's value chains, enhancing sustainable production and serving China's growing market.
7 January 2026
Technip Energies Secures Contracts for BPCL's Bina and Mumbai Refineries
Technip Energies to build polypropylene and Butene-1 units at Bina and manage construction of India's first PRFCC unit at Mumbai, enhancing BPCL's refinery and petrochemical capabilities.
22 December 2025
Clariant Denies Competition Law Allegations by MOL Group and Braskem
Clariant received damage claims totaling EUR 950 million related to 2020 competition law infringement but rejects the allegations, citing no market impact.
19 December 2025
ORLEN Acquires Full Ownership of Butadiene Unit from Synthos
The deal secures control over a butadiene unit, integrates it into ORLEN's value chain, and revises agreements for future cooperation and operational flexibility.
19 December 2025
Idemitsu Kosan and Mitsui Chemicals to Consolidate Chiba Ethylene Complexes
The companies will consolidate ethylene production at Mitsui's site by July 2027 to enhance competitiveness amid declining domestic demand and increased global competition.
18 December 2025
Synthos S.A. Sells S54 Shares to ORLEN S.A.
Synthos sells its stake in a butadiene unit to address Olefins III delays, ensuring continued collaboration with ORLEN through additional agreements. Transaction value: PLN 692 million.
15 December 2025
Borealis Settles Kallo PDH2 Dispute
Borealis and IREM Group settle contract dispute, ending arbitration and allowing both parties to proceed.
15 December 2025
Borealis Advances EU Project ELECTRO for Recycling Hard-to-Recycle Plastics
Project ELECTRO uses electrified recycling to convert mixed plastic waste into high-value olefins, reducing emissions and supporting circularity with real-world waste testing.
11 December 2025
Michelin, IFPEN, Axens Advance BioButterfly™: Biobased Butadiene from Bioethanol
BioButterfly™ project confirms robust biobased butadiene production from bioethanol, meeting industrial specs. Commercialization set for 2026, supporting sustainable synthetic rubber industry.
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