Italy
OMV

New CEO for OMV

April 10, 2026 - Emma Delaney has been proposed to the Supervisory Board to lead the Austrian petrochemicals group from September 2026.

OMV and XRG create global polyolefins giant

April 1, 2026 - Headquartered in Vienna, Borouge International will have capacity of 13.6 million tonnes/year once expansion projects are completed.

Borouge Group International names leadership team

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.

ADNOC shifts OMV stake to XRG

July 16, 2025 - Overseas investment arm will also receive Borouge Group International shares once polyolefins merger closes

EU clears acquisition of Nova by ADNOC and OMV

July 10, 2025 - The European Commission found no threat to competition in the ethylene and polyolefins markets.

Borealis, Borouge and NOVA move toward merger

March 6, 2025 - The transaction is set to be finalized in the first quarter of 2026, creating the world’s fourth-largest polyolefin producer.

The OMV-ADNOC polyolefins hub expands

February 3, 2025 - Canadian polyethylene producer Nova Chemicals could become part of the polyolefins joint venture alongside Borealis and Borouge.

LAST NEWS

BASF raises its 2026 outlook

July 15, 2026 - Higher prices and volumes drove second-quarter growth, prompting the chemicals group to raise its 2026 EBITDA forecast.

Aliplast expands recycling operations in Poland

July 15, 2026 - Hera Group has signed an agreement to acquire a plant from Kronos Polymer for sorting, grinding and washing polyethylene waste.

Brindisi polyethylene plant shuts down

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.

Viridor closes Quantafuel sites

July 14, 2026 - The British group is shutting down its European chemical recycling operations amid weak demand and regulatory uncertainty.

Alfagomma joins Danfoss

July 14, 2026 - The acquisition will combine complementary manufacturing, distribution and application capabilities in mobile and industrial hydraulics.

PET chemical recycling in Switzerland

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.

MOST POPULAR

Italy-based SAIP expands with U.S. acquisition

November 22, 2024 - The polyurethane equipment manufacturer acquires a majority stake in Linden Polyurethane.

UBE restructures nylon supply chain

February 11, 2025 - Production closures announced in Japan, Spain and Thailand as the company shifts focus from basic chemicals to specialties.

Elkem enters exclusive talks to sell Silicones division

September 24, 2025 - Negotiations launched with a potential buyer; closing of the transaction expected in mid-2026 if successful.

Novonor to sell Braskem stake

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.

Trouble for two Vynova sites

January 21, 2026 - The European PVC producer has filed for insolvency for its plants in Wilhelmshaven, Germany, and Runcorn, United Kingdom.

EVENTS

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.