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Polymer Materials

19.12.2024 COVESTRO  Successful takeover bid: Adnoc receives 91.3% of all shares tendered

19.12.2024 YEAR-ENDER: EUROPEAN RECYCLATE MARKET  Insolvencies abound as industry faces slowdown / Wider price gap to virgin plastics weighs heavy / Two more difficult years / Will Trump policies aid EU recycling sector?

19.12.2024 BIOPLASTICS  Global bioplastics production capacity forecast to rise 132% in next five years / PHA, PLA, PP account for big chunk of expansion – EUBP

19.12.2024 GERMAN CHEMICAL INDUSTRY  Turnaround remains elusive / Some improvement in 2024 but profitability still lags

19.12.2024 SIBUR  Long-awaited IPO preliminary scheduled for early 2025 / Aim to raise around EUR 550 mn from selling 2% shares

18.12.2024 YEAR-ENDER: RUSSIA-UKRAINE WAR  Dark clouds form over Russian economy / European energy prices on the rise again / Ukrainian plastics industry at a standstill

18.12.2024 EUROPEAN ECONOMY  German business confidence drops to pandemic levels / Optimism wanes among plastics, rubber firms / Jump in investor mood surprises

18.12.2024 GREENCHEMICALS Italian additive manufacturer buys competitor Polichem

18.12.2024 BIESTERFELD  German distributor expands 3D-printing partnership with Roboze across Europe, South Africa

17.12.2024 YEAR-ENDER: POLYMER PRICES  Cheaper materials from Asia pressure European manufacturers / PU, PET under special focus / Trump policies could raise European production costs / “If construction doesn´t take off by March, the year is over.”

16.12.2024 OQ CHEMICALS  Perstorp acquires Dutch synthetic esters unit / Sale of group proves difficult

13.12.2024 INEOS STYROLUTION  India's Styrenix Performance Materials acquires ABS plant in Thailand

13.12.2024 IONIQA New start for insolvent recycling tech company seems possible / Investor still unknown

12.12.2024 ORLEN  Polish petrochemical group stops construction of new cracker / Nowa Chemia project as replacement

12.12.2024 BODO MÖLLER  German distributor enters exclusive acquisition talks with Rocktin / Expansion of Asian activities planned

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