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Polymerupdate perpetual and fresh feed of latest happenings in the Petrochemical and Polymer Industry is presented through the Press Releases section, which help our clients to gain a good sense of the current trade environment. This information is instrumental for future strategies.

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PRESS RELEASES: Latest Updates & Market Trends

PETRONAS Confirms Hydrocarbon Discovery at Barokah-1, East Java of Indonesia
13 Mar 2026

PETRONAS, through its subsidiary PETRONAS North Ketapang Sdn. Bhd. has made its first hydrocarbon discovery at the Barokah-1 exploration well located ...


New PA6 material maximizes design flexibility with high flow and low temperature durability for rotationally molded tank liners
13 Mar 2026

Envalior is introducing Durethan FLX-RTM, a new impact-modified PA6 material that delivers excellent low‑temperature mechanical performance and is spe...


Indorama Ventures, Nigerian Breweries and Genesis Energy Partner to Develop One of Africa’s Largest rPET Production Facilities
13 Mar 2026

Indorama Ventures Public Company Limited, a global sustainable chemical company, together with Nigerian Breweries Plc, the foremost brewer in Nigeria,...


Invested in US fusion company SHINE Technologies
13 Mar 2026

Short- and medium-term business expansion in the medical and neutron imaging fields, and strengthening collaboration toward future power generation im...


PLASTICS Economic Analysis: February Employment Decline Reflects Temporary Disruptions
13 Mar 2026

The Plastics Industry Association, released a new economic analysis finding that February’s decline in U.S. payroll employment was largely driven by t...


Geon Performance Solutions Expands Medical Division Through Acquisition of Arkadia Plastics, Inc.
13 Mar 2026

Geon Performance Solutions, a global leader in the formulation, development and manufacture of performance polymer solutions, announced it acquired Ar...


GCR and RIGK Advance High-Quality Circular Solutions for Industrial Packaging in Europe
13 Mar 2026

GCR Sustainable Plastic Solutions and RIGK GmbH have initiated a strategic collaboration to carry out an advanced industrial recycling trial for post-...


Prime Minister Shri Narendra Modi inaugurates, dedicates to the nation multiple developmental projects worth around ₹11,000 crore in Ernakulum, Keralam
12 Mar 2026

These projects will promote industrial growth, boost tourism and enhance ease of living for the people of Keralam: PMThe expansion of the petroleum se...


Emirates Biotech Joins European CIRCLE Consortium to Produce PLA from Food Waste
12 Mar 2026

Emirates Biotech has joined the CIRCLE consortium, a flagship initiative funded by the Circular Bio-based Europe Joint Undertaking (CBE JU) under the ...


Polymer Comply Europe Joins Industry Call for Circular Plastics Made in Europe
12 Mar 2026

Polymer Comply Europe proudly announces its support for the Circular Plastics Made in Europe campaign, an industry initiative advocating for a stronge...


Clariant successfully demonstrates advanced Pyrolysis Oil upgrading technology for circular plastics with Borealis and SINTEF
12 Mar 2026

-Clariant's HDMax™ catalyst successfully achieves complete conversion of plastic waste-derived pyoil to cracker-grade feedstock at pilot facility in c...


Fuel prices: Faced with exceptional market volatility, TotalEnergies is taking measures to protect consumers at its service stations in France
12 Mar 2026

TotalEnergies is closely monitoring the highly volatile oil markets since the start of the Gulf War. This has led to significant tensions in global di...


LANXESS: Update on ENVALIOR Stake
12 Mar 2026

-Advent HoldCo will in 2026 not take over LANXESS’ shares in the ENVALIOR joint venture-LANXESS remains solidly financed; repayment of the bond due in...


CHIMEI, National Cheng Kung University and HSIN I Material Pioneer Taiwan’s First Low-Carbon, High-Strength Concrete Grass Pavers Made from Incineration Bottom Ash
12 Mar 2026

CHIMEI Corporation announced a milestone in sustainable materials development following a seven-year collaboration with the Institute of Environmental...


Chandra Asri Group Wins Multiple Awards at the FinanceAsia Awards
12 Mar 2026

Chandra Asri Group achieved remarkable recognition by winning several prestigious awards at the FinanceAsia Awards in Hong Kong, including Best M&A, B...


CHINAPLAS 2026: BASF collaborates with Niber Technologies on high-performance electrospun innovation based on Freeflex TPU
12 Mar 2026

-Outdoor jacket by Niber Technologies made with newly developed FreeflexE 130 TPU based electrospun nano membrane-Upcoming Bluesign certification in t...


Ineos: Energy Security Must Come Before Net Zero
12 Mar 2026

The following opinion piece is written by Sir Jim Ratcliffe, Chairman and CEO of INEOSIf ever there was a time to talk about energy security, then sur...


Amcor achieves UN approval for industrial containers with PCR
12 Mar 2026

Amcor, a global leader in developing and producing responsible packaging solutions, has achieved UN certification for its 5.5 liter and 5.8 liter size...


PLASTINDIA 2026 Concludes with Record-Breaking Success, Cementing India’s Position as a Global Plastics Hub
12 Mar 2026

PLASTINDIA 2026, the 12th International Plastics Exhibition, Conference & Convention, has officially drawn to a highly successful close. Held from Feb...


Teijin Carbon strengthens high end sports offering with advanced prepreg and resin technologies for next generation bicycle performance
12 Mar 2026

Aerospace grade carbon technology is redefining what high performance bicycles can achieve. With decades of experience in certified aircraft structure...


U.S. Recycling Customer Expands Use of Nexam Additives for Rigid Food Packaging - Annual Run Rate Increases to Approximately SEK 11 Million
11 Mar 2026

Nexam Chemical announces that a U.S.-based recycling customer, which has used the company’s additives within the Reactive Recycling™ product family si...


Reliance Industries Limited (RIL) commits to ensuring essential fuel supplies while supporting India’s energy security amid global volatility
11 Mar 2026

Reliance Industries is taking proactive steps and in line with the Government guidelines, to maximize LPG production from our refining and petrochemic...


ExxonMobil Board unanimously recommends redomiciling the company from New Jersey to Texas
11 Mar 2026

Exxon Mobil Corporation announced its Board of Directors has unanimously recommended shareholders approve changing the company’s legal domicile from N...


AkzoNobel to nominate two Supervisory Board members for reappointment and a new Supervisory Board member on behalf of Cevian Capital
11 Mar 2026

AkzoNobel has announced it will nominate two of its Supervisory Board members for reappointment at the company’s Annual General Meeting in April, as w...


Initiating joint discussions with Consort Bunkers Pte Ltd to build a methanol supply chain for marine fuel
11 Mar 2026

With an eye toward introducing green methanol, we envision supplying locations such as Singapore and East Asia.Idemitsu Kosan Co.,Ltd. has commenced j...


Riyadh Governor honors Tasnee among Ehsan Donors for the Fourth Year in a Row
11 Mar 2026

On behalf of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of the Saudi D...


Extended Ultrason® P portfolio by BASF enables compliant re-qualification of food‑contact articles affected by EU Regulation 2024/3190
11 Mar 2026

-Ready for sampling: six polyphenylsulfone (PPSU) grades with data sheets, material and food contact certificates-BASF supports timely material switch...


PT Pertamina: This is Block Mode, the Cilacap Refinery's Flagship Innovation to Maintain a Secure Fuel Supply.
11 Mar 2026

As the homecoming rush and Eid al-Fitr 1447 H holiday approaches, activity at the Cilacap Refinery continues unabated. Behind the glow of the refinery...


Covestro and Fraunhofer UMSICHT sign contract for groundbreaking smart pyrolysis recycling pilot plant
11 Mar 2026

-Agreement marks decisive step toward commercialization of smart pyrolysis for polyurethane rigid foam recycling-2kt per year facility to produce high...


Shell to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners
10 Mar 2026

Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc., that comprises Shell’s United States lubricants busine...


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