April 1, 2026 - Headquartered in Vienna, Borouge International will have capacity of 13.6 million tonnes/year once expansion projects are completed.
March 27, 2026 - Roger Kearns has been named CEO, Stefan Doboczky chief commercial officer and Hasan Karam chief operating officer. Daniel Turnheim will serve as interim CFO pending the appointment of a permanent finance chief.
February 23, 2026 - The German chemicals group’s CEO has informed the Supervisory Board that he will not seek a further term. The CFO’s mandate also expires this year.
December 29, 2025 - Rainer Seele, former CEO of OMV and current head of chemicals at ADNOC subsidiary XRG, succeeds Richard Pott.
December 10, 2025 - With the agreed capital increase, the German chemical group comes under the control of Emirati group ADNOC.
November 26, 2025 - With the green light from the German government, the final hurdle has been cleared for the chemical group’s transition to Adnoc.
November 14, 2025 - The Commission has acknowledged the commitments made by Adnoc to address certain competition concerns related to state subsidies.
July 29, 2025 - Under the Foreign Subsidies Regulation, the commission checks whether UAE guarantees and capital boosts skewed the deal and the EU market.
July 16, 2025 - Overseas investment arm will also receive Borouge Group International shares once polyolefins merger closes
July 10, 2025 - The European Commission found no threat to competition in the ethylene and polyolefins markets.
July 15, 2026 - Higher prices and volumes drove second-quarter growth, prompting the chemicals group to raise its 2026 EBITDA forecast.
July 15, 2026 - Hera Group has signed an agreement to acquire a plant from Kronos Polymer for sorting, grinding and washing polyethylene waste.
July 15, 2026 - As set out in the protocol signed last year at the Ministry of Enterprises and Made in Italy, the Versalis unit will be placed in preserved state.
July 14, 2026 - The British group is shutting down its European chemical recycling operations amid weak demand and regulatory uncertainty.
July 14, 2026 - The acquisition will combine complementary manufacturing, distribution and application capabilities in mobile and industrial hydraulics.
July 10, 2026 - DePoly has inaugurated a demonstration plant for the depolymerisation of polyester waste at CIMO in Monthey, ahead of a planned move to industrial scale.
November 22, 2024 - The polyurethane equipment manufacturer acquires a majority stake in Linden Polyurethane.
February 11, 2025 - Production closures announced in Japan, Spain and Thailand as the company shifts focus from basic chemicals to specialties.
September 24, 2025 - Negotiations launched with a potential buyer; closing of the transaction expected in mid-2026 if successful.
December 17, 2025 - A private equity vehicle backed by Vórtx Capital and IG4 Capital will take over Novonor’s stake and share control of the petrochemical group with Petrobras.
January 21, 2026 - The European PVC producer has filed for insolvency for its plants in Wilhelmshaven, Germany, and Runcorn, United Kingdom.
With strong exhibitor interest and regional support, the event will remain at its traditional Lake Constance location for at least five more years.
