Aequita has acquired select European olefins and polyolefins assets, and the associated business and corporate functions from Lyondell Basell. The move is in line with Lyondell Basell’s strategy to grow and upgrade the core by further concentrating on assets and businesses with durable competitive advantages and stronger long-term returns.

Dow has teamed up with RDM Group and developed an innovative fibre-based food packaging—Multiboard Circularr—made exclusively with recycled fibres and recycled plastic. The unique food packaging is backed by industry-leading certifications to help brands prepare for the EU Packaging and Packaging Waste Regulation.

With an annual production capacity of 50,000 metric tons, Sinopec has commissioned a specialty polyvinyl alcohol resin facility at its subsidiary, Chongqing SVW Chemical Co. The new facility increases the site's total PVA production capacity to 210,000 metric tons per year, thus making it the world's largest single-site production base for high-end PVA.

Located in Marl, Germany, Evonik’s new plant has begun production of a high-performance membrane which plays a crucial role in the production of more cost-efficient green hydrogen. The unit has the capacity to produce membranes for an electrolysis capacity of up to 2.5 gigawatts per year.

Maire, through its subsidiaries, has secured several contracts within its Sustainable Technology Solutions division. The total amount of all the deals is approximately 50 million euros.

With an aim to diversify from oil & gas – the gold of the Middle East – toward sustainability, the region is undergoing a bold and transformational shift. The plastics circular economy is one such initiative steadily gaining momentum across the Gulf. It not only addresses pressing environmental concerns but also unlocks new economic opportunities while reinforcing national visions such as Saudi Arabia’s Vision 2030, the UAE’s Circular Economy Policy, and Türkiye’s National Circular Economy Strategy.

Mitsubishi Heavy Industries has been awarded an EPC contract for a Cyclo Olefin Polymer production plant by Zeon Corporation in Shunan City, Yamaguchi Prefecture, Japan.

Military attacks on Qatar Energy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in Qatar has led the company to declare force majeure.

UPM’s barrier and barrier base papers along with BASF’s Joncryl high performance barrier technology resins will be combined to enable the development of packaging materials suitable for a wide range of food and non-food applications that meet demanding regulatory requirements.

Under a large-scale agreement signed between Evonik and MTCO, Evonik will be supplying its Sepuran Green membranes and patented technology to MTC Orec (MTCO), a leading biogas upgrading plant producer in Malaysia.