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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

Phillips 66 Announces Quarterly Dividend
10 Jul 2026

The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock. The dividend is payable on Sep...


DePoly Inaugurates its Showcase Plant in Monthey Switzerland!
10 Jul 2026

What if used plastic bottles, PET packaging material and polyester textiles could become raw materials just as high performing as virgin resources? Th...


Pertamina: PHE OSES Begins Indonesia's First Offshore Chemical Enhanced Oil Recovery (CEOR) Project
10 Jul 2026

PT Pertamina Hulu Energi OSES officially began implementing Chemical Enhanced Oil Recovery at the Rama Offshore Field in the Southeast Sumatra Working...


Pertamina's Pride Tanker Successfully Crosses the Strait of Hormuz, Demonstrating Its Commitment to Maintaining National Energy Supply
10 Jul 2026

PT Pertamina, through Pertamina International Shipping, confirmed that the Very Large Crude Carrier tanker Pertamina Pride has successfully crossed th...


Huhtamaki: Turning ambition into action at our Northern Ireland Fiber site
10 Jul 2026

At our Lurgan Fiber site in Northern Ireland, sustainability is built into every stage of production. Operating on 100% recycled fiber, using renewabl...


Amcor expands packaging facility in China
10 Jul 2026

Investment reinforces Amcor's commitment to a key growth market.Amcor, a global leader in developing and producing responsible packaging solutions, ha...


Mexico: TotalEnergies Ships to Asia the Very First Cargo Produced by the ECA LNG Plant
10 Jul 2026

- ECA LNG is the first LNG export terminal on Mexico’s Pacific Coast- TotalEnergies holds a 16.6% stake in ECA LNG, which liquefies U.S. natural gas- ...


Sasol awards R1 million to innovative SMEs driving solutions for the future
10 Jul 2026

Sasol has announced the winners of its SME Innovation Competition, awarding R1 million in funding to three South African entrepreneurs whose innovativ...


INEOS and Recuro sign memorandum of understanding to construct advanced recycling facility in Norway
10 Jul 2026

INEOS and Norwegian recycler Recuro sign MoU to develop an advanced recycling facility at INEOS’ Bamble site in Norway that will process up to 33,000 ...


Quadpack: A stick for every beauty need
10 Jul 2026

Quadpack’s versatile stick packaging portfolio combines creative aesthetics, technical performance and sustainable characteristics to offer a stick so...


Topsoe and Sasol chosen as technology providers for SUSTAERO’s SAF project in Canada
10 Jul 2026

Topsoe has, together with Sasol, signed a single point licensing agreement with SUSTAERO GP Inc. (SUSTAERO) to deliver process technologies for a sust...


BASF’s Care Chemicals division publishes Responsible Sourcing Report 2025
10 Jul 2026

- The Responsible Sourcing Report 2025 documents the Care Chemicals division’s progress in the responsible sourcing of renewable raw materials.- The r...


Covestro: Preliminary financial data for the first half year 2026
09 Jul 2026

EBITDA forecast for fiscal year 2026 raisedCovestro is publishing the following preliminary financial data for the first half year 2026: - Preliminary...


Coca-Cola and Valenzuela City partner to boost PET collection and recycling efforts
09 Jul 2026

Coca‑Cola Europacific Aboitiz Philippines (CCEAP), the bottling arm and official distributor of Coca‑Cola products in the country, has partnered with ...


Sinopec Awarded “Social Responsibility Best Practice” at the 3rd Sino-European Corporate ESG Best Practice Conference
09 Jul 2026

Sinopec has received the “Social Responsibility Best Practice” award at the third Sino-European Corporate Best Practice Conference held on June 26 in ...


Pertamina and Boeing Explore Opportunities to Develop Indonesia's SAF Ecosystem
09 Jul 2026

PT Pertamina and Boeing signed a Memorandum of Understanding to explore the development of a Sustainable Aviation Fuel (SAF) ecosystem in Indonesia as...


TechnipFMC Awarded Subsea Contracts by Equinor for Multiple Projects in Norway
09 Jul 2026

TechnipFMC has been awarded multiple contracts by Equinor for a portfolio of subsea tie-back developments offshore Norway.TechnipFMC will design and m...


Evonik invests US$100 million to upgrade its U.S. drug substance contract manufacturing site
09 Jul 2026

- Meets the growing demand for U.S.-based contract development and manufacturing organizations (CDMOs)- Further improves capabilities to handle increa...


Evonik invests US$100 million to upgrade drug substance manufacturing site in Lafayette, Indiana
09 Jul 2026

- Meets the growing demand for U.S.-based contract manufacturing services- Further improves capabilities to handle increasing complexity of active pha...


Ministry of Commerce & Industry, QatarEnergy, to cooperate on evaluating and allocating hydrocarbon-derived resources to qualifying industrial investment opportunities and to develop a new medium indu
09 Jul 2026

The Ministry of Commerce and Industry and QatarEnergy signed the Terms of Reference for cooperating to establish and implement a governance mechanism ...


Michelin and Axens enter exclusive talks to accelerate deployment of a key bio-based molecule for green chemistry, developed with IFP Energies Nouvelles
09 Jul 2026

- Michelin, through its ResiCare brand, and Axens are negotiating an exclusive partnership to accelerate the industrialization and rollout of 5-HMF, a...


Empowering Talented Indonesian Youths, Chandra Asri Group officially opens applications for Chandra Asri ASPIRE Graduate Program 2026
08 Jul 2026

Empowering Talented Indonesian Youths, Chandra Asri Group officially opens applications for Chandra Asri ASPIRE Graduate Program 2026PT Chandra Asri P...


ADNOC, XRG and Mitsui to Advance New Opportunities Across the Energy Value Chain
08 Jul 2026

Strategic Collaboration Agreement signed during Dr. Sultan Al Jaber's visit to Japan, strengthening ADNOC and XRG’s long-standing relationship with Mi...


Syensqo launches a new soil release polymer for modern laundry care
08 Jul 2026

This new technology supports consumers’ shift to shorter and colder wash cycles without compromising cleaning efficacySyensqo announced the launch of ...


Tosoh Corporation: Physical Internet Realization Council’s Chemical Products Working Group Formulates Standard Guidelines for Chemical Logistics Information
08 Jul 2026

the Chemicals Working Group of the Physical Internet Realization Council led by Japan’s Ministry of Economy, Trade and Industry (METI) and Ministry of...


Greiner Packaging: Orkla launches r-PET Smoothie Bottles produced by Greiner Packaging with 30% Recycled Content
08 Jul 2026

For large brand owners like Orkla, packaging plays a central role in balancing design, functionality, and meeting sustainability targets. When Orkla E...


Coveris Strengthens Recycled Plastics Transparency with RecyClass Certifications
08 Jul 2026

Coveris has achieved the RecyClass Recycled Plastics Traceability Certification at Level 2 for three sites, marking a further milestone in the company...


Amcor supports beverage brands preparing for reuse growth
08 Jul 2026

Amcor, a global leader in developing and producing responsible packaging solutions, is advising beverage producers to reassess their choice of closure...


Aramco awards agreement to Worley for project management consultancy
08 Jul 2026

Worley has been awarded, as part of a pool of 11 contractors, a long-term agreement by Aramco to support projects within the Kingdom of Saudi Arabia. ...


Avantium Spins Out Volta Technology into New Company Carbeau, Securing Significant Growth Funding
08 Jul 2026

Avantium N.V., a pioneer in renewable and circular polymer materials, announces the spin‑out of its electrochemical platform, previously known as Volt...


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