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09.02.2026 - As of March 1, 2026, Jonas Borgsten has assumed the position of Global Business Director for the Engineered Polymers business unit at the Biesterfeld Group. He succeeds Martin Rathke, who is leaving the company after more than 18 years. Borgsten joined the Biesterfeld Group in 2024. A graduate with...
09.02.2026 - Based on the preliminary results for the 2025 fiscal year and the outlook for 2026, the Executive Board of Evonik Industries AG has decided on a realignment of its dividend policy. In the future, the payout to shareholders is intended to be between 40 and 60 percent of the adjusted net income in order...
06.02.2026 - Evonik is continuing the expansion of its global production capacities for hydroxyl-terminated polybutadienes (HTPB). Following investments already implemented in recent years, the company is expanding capacities both at its Marl site in Germany and, looking ahead, in Asia. A significant capacity...
06.02.2026 - The BMW Group and the environmental services provider PreZero (Schwarz Group) have agreed on a strategic cooperation to promote the circular economy within the European automotive industry. The cooperation agreement was signed at the IPAI (Innovation Park Artificial Intelligence) campus in Heilbronn....
06.02.2026 - The EMS Group increased its sales and earnings in the 2025 fiscal year compared to the previous year. According to the reported figures, net sales amounted to CHF 1.95 billion (previous year: CHF 2.07 billion), while the operating income (EBIT) reached CHF 567 million (CHF 539 million). Currency effects...
05.02.2026 - HydroDyn Recycling GmbH, based in Hamburg, Germany, and a company of the Next Generation Group, has applied for the initiation of restructuring proceedings. According to a press release, the aim is an orderly restructuring process with the intention of sustainably continuing business operations. ...
05.02.2026 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS), ABS, and SAN grades. Effective February 1, 2026, or depending on existing contract terms, the prices for the products listed below will increase as follows:...
03.02.2026 - U.S. packaging manufacturer PPC Flex has acquired the production facility of the German industry company Südpack in the U.S. state of Wisconsin. PPC Flex announced the transaction in a press release in mid-January. The plant, located in Oak Creek south of Milwaukee, is equipped with facilities for...
02.02.2026 - The Canadian company Aduro Clean Technologies is planning to build a plastics recycling facility in the Netherlands. As Aduro announced in a press release at the end of January, the plant is to be built at the Chemelot industrial park in Sittard-Geleen, in the southern Dutch province of Limburg....
02.02.2026 - The Austrian machinery and plant engineering company Starlinger has achieved an initial legal success in a patent dispute against two Chinese companies. In first-instance rulings, a Chinese court found that Wenzhou Huazao Machinery Technology Co., Ltd. and Wenzhou Zhengong Machinery Co., Ltd. infringed...
02.02.2026 - Farrel Pomini, a company of the HF Group, has acquired a majority stake in WF Recycle-Tech, increasing its previous minority interest held since 2021. The aim of the transaction is to deepen the cooperation between the two companies and to accelerate the worldwide commercialization of the tire pyrolysis...
30.01.2026 - Chemical group Wacker will adjust its selling prices for numerous silicone products as of February 1, 2026. The price increases will primarily affect addition-curing silicone rubbers, silicone resins, silanes, and silicone-based release coating systems. The adjustments will amount to up to 25 percent...
30.01.2026 - Covestro has completed a debottlenecking project to expand TDI (toluene diisocyanate) production at its integrated production site in Shanghai, China. Annual capacity has been increased from 310,000 to 370,000 tonnes, representing a rise of around 20 percent. The aim of the measure is to ensure a more...
30.01.2026 - The French specialty chemicals group Arkema has commissioned a new production plant for transparent Polyamide 11 materials under the "Rilsan Clear" brand in Singapore. The group announced this in a press release in mid-January. According to the report, the costs for the project at the company's site...
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...
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