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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

Asahi Kasei Signs MOU with Power to Hydrogen to Accelerate Commercialization of AEM Water Electrolysis for Clean Hydrogen Production
05 Nov 2026

Asahi Kasei, a diversified global company, and U.S.-based Power to Hydrogen (P2H2) have signed a memorandum of understanding (MOU) to evaluate manufac...


Grasim and Suzlon enter into pact to Develop, Commercialize and Scale India’s first Wind Turbines with Recyclable Blades Powered by Recyclamine® Technology
05 Nov 2026

Grasim Industries Limited’s Advanced Materials Division and its renewable arm Aditya Birla Renewables Limited (ABRen) have entered into a Memorandum o...


Definitive agreement secures strategic feedstock to support Solvay’s rare earth production in La Rochelle, France
05 Nov 2026

Solvay announced that it has signed a long-term supply agreement with Viridis Mining and Minerals for the strategic supply of rare earth feedstock, fo...


INEOS Inovyn secures the future of the UK’s last remaining production facility for a key building block of PVC
05 Nov 2026

- INEOS Inovyn completed the acquisition of the UK’s only ethylene dichloride asset, a key building block for PVC, on 30 October.- The transaction in...


Clariant to unveil three new ingredients at in-cosmetics Asia 2026, led by Eclipsogen™ CAP Duo Z for simpler hybrid sunscreen formulation
05 Nov 2026

- New ready-to-use dispersion combines three organic UV filters and zinc oxide in one cold-processable system for photostable, broad-spectrum hybrid s...


Covestro inaugurates new production line in Meppen
05 Nov 2026

- Multi million-euro investment strengthens production in the Emsland region- Expanded capacities for GMP-compliant polyester manufacturing for food-c...


SAMSUNG E&A Expands Global Footprint on the International Energy Stage
05 Nov 2026

AMSUNG E&A, a total solutions provider for the global energy industry, is accelerating its global expansion by leveraging major energy industry events...


GC is developing technology to transform coconut shells into biochar, adding value to waste materials for sustainable communities
05 Nov 2026

GC, in collaboration with Map Ta Phut Municipality and King Mongkut's University of Technology North Bangkok, has delivered an innovative method for t...


Marathon’s Catlettsburg refinery earns VPP Star for safety excellence
05 Nov 2026

Key Points- Marathon Petroleum’s Catlettsburg refinery earned VPP Star recertification following a comprehensive, multi-month safety evaluation.- The ...


SONATRACH and the World Bank sign a Memorandum of Understanding
05 Nov 2026

SONATRACH, the International Bank for Reconstruction and Development (IBRD) and the International Finance Corporation (IFC), members of the World Bank...


Sonatrach: Organization of a workshop dedicated to climate finance and carbon markets: ” Towards a National Strategy for an Integrated and Sustainable Governance”
05 Nov 2026

Under the high patronage of the Prime Minister, the SONATRACH Group, in partnership with the Ministry of Hydrocarbons, is organizing on November 3rd a...


BASF signs investment agreement with Nanjing Jiangbei New Area to establish new electronic materials production site
04 Nov 2026

- Expands BASF's manufacturing capabilities for semiconductor materials in China- Supports growth of China's semiconductor industry through local prod...


Univar Solutions Completes Acquisition of Lavo Bulk Business in Canada
04 Nov 2026

Transaction strengthens company's presence in Eastern Canada and expands complementary chemical solutions and capabilities for customers.Univar Soluti...


Trafigura to provide over USD1 billion to support US refineries acquisition by CVR Energy, Inc
04 Nov 2026

Trafigura US Holdings, Inc. has signed strategic agreements with CVR Energy, Inc. to support its intended acquisition of the Mandan refinery in North ...


ORLEN and Post Bellum are joining forces for a Veterans’ Day charity collection. Donations can be made at filling stations and via the app
04 Nov 2026

Customers of the ORLEN network can support the Veterans’ Day charity collection organised by Post Bellum. At participating petrol stations, donors wil...


Pertamina and Toyota Strengthen Collaboration to Support National Energy Security
04 Nov 2026

PT Pertamina and the Toyota Group are strengthening their strategic partnership by extending the cooperation for another five years until 2030. This c...


Dow launches four functional ingredients to advance high-performance beauty formulations at in-cosmetics Asia 2026
04 Nov 2026

New elastomer, oil-gelling and emollient technologies help formulators enhance sensory appeal, performance and formulation flexibility Dowopens in a n...


Evonik invests €52 million to expand silicone platform in Essen
04 Nov 2026

- New production plant and tank farm completed at the Essen Goldschmidtstrasse site- Expanded production capacity and optimized logistics enhance grow...


Hanwha Defense USA to acquire Hanwha Philly Shipyard
04 Nov 2026

Announcement reinforces Hanwha’s goal to transition shipyard to dual-useHanwha Defense USA announced it is acquiring a controlling stake in Hanwha Phi...


Hanwha Defense USA selected by TOTE Services for LSM construction contract in Philadelphia
04 Nov 2026

Hanwha Defense USA is the first shipbuilder selected by TOTE Services, a leading maritime services company specializing in vessel construction managem...


GC wins two consecutive SET Awards 2026, reinforcing its position as a "real-world innovative organization" that creates sustainable innovations for both business and the world
04 Nov 2026

News Highlights- GC won two SET Awards 2026 : the 10-Year Sustainability Recognitions and the Best Innovative Company Awards, reinforcing its position...


P-78 Platform (Búzios 6) reaches peak production of 180,000 barrels per day
04 Nov 2026

Petrobras unit is located in the area with the thickest reservoir interval in the pre-salt, contributing to high productivityThe P-78 platform, instal...


Qatarenergy Reaffirms Support Of Al-Attiyah Foundation And Its Contributions To Enrich The Global Energy Discussion
04 Nov 2026

QatarEnergy has extended its membership of the Abdullah bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development (Al-Attiy...


Shell agrees to sell interest in North West Shelf project
03 Nov 2026

Shell Australia Pty Ltd, a wholly owned subsidiary of Shell plc, has signed an agreement to sell its 16.67% non-operated interest in the North West Sh...


Plastics Industry Association: Operation Clean Sweep® Launches OCS India, Expanding Global Reach
03 Nov 2026

Operation Clean Sweep® Launches OCS India, Expanding Global Reach Operation Clean Sweep (OCS) announced the launch of OCS India, expanding the program...


Chandra Asri Group Wins Editor's Choice for The Best Cause Promotion Initiative through the Indonesia Asri Campaign
03 Nov 2026

PT Chandra Asri Pacific Tbk received Editor's Choice recognition as The Best Cause Promotion Initiative, with a Very Good rating, for its Indonesia As...


ADNOC Takes FID on Ruwais Diyab Unconventional Gas Development
03 Nov 2026

First large-scale unconventional gas development advances ADNOC’s integrated gas growth strategy and unlocks a new source of cost-competitive, reliabl...


ADNOC Signs Landmark Partnership Agreement with OpenAI and G42, Becoming First Energy Company to Deploy OpenAI Frontier Technology
03 Nov 2026

Partnership advances ADNOC’s AI capability to connect decisions across its entire business, from well to market, and will be deployed on OpenAI’s GPT ...


ADNOC: Global Energy Security Must Be Rebuilt for a New Era: Dr. Sultan Al Jaber
03 Nov 2026

Speaking as ADIPEC 2026 opens to record attendance in Abu Dhabi, ADNOC GCEO says energy security must be measured by delivery not production aloneDr. ...


ADNOC: Fourth ENACT Majlis to Put Energy Resilience and AI at the Centre of the Global Investment Agenda
03 Nov 2026

Over 100 global leaders to advance investment, smarter infrastructure, AI and cross-sector partnerships for resilient, intelligent energy systemsOver ...


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