Italy

January 14, 2026 - Ola and Lars Hugoson pass the baton of the Swedish compounder to the third generation of the family.

  • ExxonMobil set to shut down Scottish cracker
    The Fife Ethylene Plant may close in mid-February due to lack of government funding and failed attempts to find a buyer.
  • Ineos to upgrade French cracker
    The Lavera plant will be modernised and made more efficient thanks to an investment of over €250 million.
  • Kingfa expands compound operations in Europe
    €60 million investment for a new plant near Szprotawa, Poland, to produce engineering plastics for automotive, appliance and packaging markets.
  • CD&R to acquire Sealed Air in $10.3 billion deal
    The U.S. packaging giant will go private as part of a transaction that values its shares at a 41% premium and supports long-term strategic growth.
  • SC Johnson meets two key plastics targets
    Reduced virgin plastic use and increased recycled content: two goals achieved ahead of schedule as part of the 2025 Global Commitment.

OxyChem joins Berkshire Hathaway

January 13, 2026 - US financial holding acquires full control of the US PVC and chlor-alkali producer.

Arkema expands in Asia with transparent PA11

January 13, 2026 - US$20 million Rilsan Clear unit starts up to meet rising demand for high-performance transparent materials.

Italy’s TiO2 plant changes hands and reopens

January 9, 2026 - Sol Tiox acquires the former Venator Italy site; €35–40 million planned to upgrade the production lines.

Ulrich Reifenhäuser ends operational role

January 9, 2026 - The German executive will remain available as a member of the advisory board, supporting strategic continuity.

Sabic reshapes operations in Europe and the Americas

January 8, 2026 - The Saudi group divests its European petrochemicals business and its engineering thermoplastics activities in Europe and the Americas through two separate transactions worth more than $950 million.

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Sabic reshapes operations in Europe and the Americas

January 8, 2026 - The Saudi group divests its European petrochemicals business and its engineering thermoplastics activities in Europe and the Americas through two separate transactions worth more than $950 million.

DOMO files for insolvency in Germany

December 30, 2025 - The downturn in Europe’s chemicals industry and extra-EU imports have impacted three German companies of the Belgian group active in polyamides.

Italy’s TiO2 plant changes hands and reopens

January 9, 2026 - Sol Tiox acquires the former Venator Italy site; €35–40 million planned to upgrade the production lines.

Italy postpones plastic tax once again

January 5, 2026 - The 2026 budget law defers the single-use plastics levy to 2027 and reintroduces hyper-depreciation for capital goods with extended timelines.

BASF fires up its Zhanjiang steam cracker

January 8, 2026 - The 1-million-ton-per-year unit anchors the Chinese Verbund, set to become the group’s third-largest global site.

EVENTS

Rome Feb. 5–6, 2026

Petcore chooses Rome for annual PET event

The ‘save the date’ has been launched for the annual industry gathering, which for the first time will not be held in Brussels.

Milan, Italy, June 9–12, 2026

Early-bird discounts announced for Plast 2026

Exhibitors can sign up by June 15 to receive a 20% discount, or by July 31 for a 10% reduction. Additional savings are available for those booking more space than in 2023.

Friedrichshafen Oct. 12–16, 2026

Plastics fair Fakuma confirms Friedrichshafen

With strong exhibitor interest and regional support, the event will remain at its traditional Lake Constance location for at least five more years.

BASF fires up its Zhanjiang steam cracker

January 8, 2026 - The 1-million-ton-per-year unit anchors the Chinese Verbund, set to become the group’s third-largest global site.

AI in the Ruwais control room

January 8, 2026 - Borouge’s initial assessments of artificial intelligence deployment in operations point to improvements in costs, efficiency and reliability.

Plastics and SPE under one organization

January 8, 2026 - The plan unveiled last autumn has been approved, integrating the activities of the two U.S. associations representing the plastics value chain.

Ingram appointed new president of PlasticsEurope

January 5, 2026 - The CEO of Ineos Olefins & Polymers Europe has been elected to lead the European association of plastics manufacturers.