Latest News

Beaulieu International Group: Acquisition of IFG Asota GmbH

29.01.2026 - Beaulieu International Group (B.I.G.) has signed a purchase agreement to acquire 100 percent of the shares in IFG Asota GmbH. The Austria-based company is an established provider of synthetic staple fibers and operates globally in various technical applications. With this acquisition, B.I.G. aims to...

Vioneo: Bio-polymer plant planned in China instead of Belgium

29.01.2026 - The company Vioneo is abandoning its plans to build a production complex for sustainable plastics in Antwerp and intends to realize the project in China instead. According to a company statement, a location in China offers better access to bio-based methanol, the most important raw material for the...

Austrotherm: Recycling plant for EPS and XPS insulation materials in Purbach fully commissioned

27.01.2026 - Austrotherm has brought a recycling plant for EPS and XPS insulation materials into full operation at its Purbach site. In this form, the facility is considered unique in Austria and represents a further expansion of the company’s own circular economy activities. Following a successful trial phase,...

ifo: German Export Expectations up Slightly

27.01.2026 - Sentiment in the German export industry has improved somewhat. The ifo Export Expectations rose to -1.2 points in January, up from -3.0 points in December. “Even though companies are less skeptical with regard to their international business, uncertainty remains high,” says Klaus Wohlrabe, Head of Surveys...

T.EN: Polymer plants for BPCL

27.01.2026 - The Indian oil and petrochemical group Bharat Petroleum Corporation Limited (BPCL) has awarded two major contracts for the expansion of polymer capacities at its refinery in Bina, in the central Indian state of Madhya Pradesh. The Mumbai-based company Larsen & Toubro (L&T) was commissioned with the...

CMG Granulators: Italian granulator manufacturer expands headquarters – Logistics and testing capacities extended

27.01.2026 - The Italian granulator manufacturer CMG Granulators has expanded its headquarters in Cento di Budrio, near Bologna, by an additional 800 square meters. The newly created space has been allocated to the logistics department. The aim is to improve the efficiency of internal processes as well as to relieve...

ifo: Business Climate Index Unchanged in January

26.01.2026 - Sentiment among companies in Germany has remained unchanged. The ifo Business Climate Index held steady at 87.6 points in January. Assessments of the current situation edged up somewhat, while expectations were revised slightly downward. The German economy is starting the new year with little momentum....

Lanxess: Price increase for adipic acid

26.01.2026 - The specialty chemicals group Lanxess is raising the prices for adipic acid worldwide with immediate effect. The increase amounts to 100 euros per metric ton. The company cites significantly increased raw material costs as the reason for the adjustment. Adipic acid is an important precursor for the...

PET to PET: New record in bottle-to-bottle recycling - 33,675 tonnes of PET bottles recycled in 2025

26.01.2026 - PET to PET Recycling Österreich GmbH reached a new record high in the 2025 financial year, recycling 33,675 tonnes of PET material. This is equivalent to approximately 1.34 billion processed PET beverage bottles and represents an increase of around seven percent compared to the previous year (2024:...

Orlen: Acquisition of a butadiene plant from Synthos in Poland

26.01.2026 - The Polish chemical group Synthos is selling its butadiene plant, which is currently under construction in Płock, to the oil and petrochemical group Orlen. According to press releases from both companies, a corresponding agreement was signed in December. Accordingly, Orlen is acquiring all shares...

Starlinger: STP Machinery India established for PP tape extrusion lines

23.01.2026 - Austrian machinery manufacturer Starlinger is expanding its presence in India with the founding of STP Machinery India Pvt. Ltd. The new company, headquartered in Ahmedabad in the state of Gujarat, will officially open in early February 2026, just before the Plastindia plastics trade fair. STP Machinery...

Renolit: New corporate strategy "Spark 2030" presented

23.01.2026 - Renolit presented its new corporate strategy "Spark 2030" at the beginning of 2026. It forms the strategic framework for the company's development until 2030 and aims for long-term, sustainable growth as well as a stronger focus on innovation and resource efficiency. The strategy bundles all the company's...

Covestro: New TPU production site in Zhuhai goes into operation

22.01.2026 - Covestro has started production at a new site for thermoplastic polyurethanes (TPU) in Zhuhai, in the southern Chinese province of Guangdong. With the commissioning of the first construction phase, the company is strengthening its regional supply capabilities in China and the Asia-Pacific region. ...

Gabriel-Chemie: Masterbatch manufacturer opens sales and logistics site in Nairobi

21.01.2026 - The Gabriel-Chemie Group is expanding its international presence and will open a new sales and logistics site in Nairobi, Kenya, in spring 2026. With this move, the company is purposefully strengthening its activities in the sub-Saharan region, responding to the dynamic market growth in the African...

Borealis: 49 Million Euro Investment in Expansion of Polypropylene Production in Burghausen

20.01.2026 - Borealis is investing 49 million euros to expand the production of "Borstar" Nextension polypropylene at its site in Burghausen, Germany. The aim of the investment is to accelerate the commercial production of next-generation single-site polypropylene (ssPP) and increase its availability for industrial...

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