Italy
Covestro

Smart pyrolysis targets rigid polyurethane foams

March 11, 2026 - Covestro’s chemical recycling technology will be optimised on a pilot plant to be built in partnership with the Fraunhofer Institute.

Steilemann to leave Covestro in 2028

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.

Covestro starts up TPU plant in China

January 23, 2026 - The first phase has been completed for the project that will make the Zhuhai site the group’s main production hub for thermoplastic polyurethanes.

New chair for Covestro’s supervisory board

December 29, 2025 - Rainer Seele, former CEO of OMV and current head of chemicals at ADNOC subsidiary XRG, succeeds Richard Pott.

XRG completes acquisition of Covestro

December 10, 2025 - With the agreed capital increase, the German chemical group comes under the control of Emirati group ADNOC.

Covestro-Adnoc deal clears final hurdle

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.

Eu gives conditional approval for Adnoc–Covestro deal

November 14, 2025 - The Commission has acknowledged the commitments made by Adnoc to address certain competition concerns related to state subsidies.

Alliance for next-generation automotive glazing

September 26, 2025 - Covestro and Anko Optics join forces to advance polycarbonate-based transparent surfaces with color-shifting, photovoltaic and display integration for electric and future flying vehicles.

EU investigates Adnoc-Covestro deal

July 29, 2025 - Under the Foreign Subsidies Regulation, the commission checks whether UAE guarantees and capital boosts skewed the deal and the EU market.

Covestro extends CTO’s contract to 2031

July 16, 2025 - Supervisory Board renews Thorsten Dreier’s contract five years early, securing continuity for the German group’s climate-neutral transformation.

LAST NEWS

More sustainable materials gain ground at Lego

March 13, 2026 - Attributed bio-circular raw materials through mass balance and segregated bio-based or recycled materials are seeing broader adoption, while the Danish group posted solid 2025 results.

Italy to drop “Made in EU” rule from new 5.0 tax incentive

March 13, 2026 - The government plans to amend the 2026 Budget Law, dropping the requirement that eligible machinery be made in the European Union or the European Economic Area.

Elkem reorganises after silicones deal with Bluestar

March 13, 2026 - The Norwegian company will refocus on metals and materials while cutting costs and reducing its workforce.

AI to detect extrusion defects

March 13, 2026 - SKZ and Fraunhofer IIS are developing an automatic device for integration into existing production lines to reduce scrap and stabilise processes.

Sirmax sets up Family Council to steer continuity

March 13, 2026 - The new body is intended to safeguard long-term cohesion between ownership and management while leaving operational responsibilities with the Board.

Arburg bets on Trend machines to revive sales

March 11, 2026 - The German injection moulding machine maker has also announced a new range of vertical presses for Asian markets, to be built in China in partnership with Tayu Machinery.

MOST POPULAR

SEAC clears draft opinion on PFAS restriction

March 11, 2026 - The ECHA committee has taken a further step in the EU process that could lead to broad limits on the manufacture, sale and use of PFAS.

Italy to drop “Made in EU” rule from new 5.0 tax incentive

March 13, 2026 - The government plans to amend the 2026 Budget Law, dropping the requirement that eligible machinery be made in the European Union or the European Economic Area.

Elkem reorganises after silicones deal with Bluestar

March 13, 2026 - The Norwegian company will refocus on metals and materials while cutting costs and reducing its workforce.

Japan to streamline ethylene capacity

January 27, 2026 - Three industry majors have agreed to jointly operate two crackers and close a third, investing in bioethanol-based processes.

EU finalizes provisional ELV Regulation deal

December 12, 2025 - Progress in the legislative process for new rules on vehicle circularity and end-of-life management. PlasticsEurope voices concern over revised recycling targets.

EVENTS

Amsterdam, 5–6 May 2026

PRS Europe 2026 agenda unveiled

A two-day programme in Amsterdam will address EU regulation, investment conditions and emerging markets, including polyurethane recycling.

Milan, 9–12 June 2026

Plast 2026: free registration opens 2 March

Visitor sign-up for the Milan triennial on plastics, rubber and composites begins in ten days.

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.