News

Oslo – Elkem ASA has reported a significant improvement in first quarter earnings (EBITDA) within its silicones division, which is currently under strategic review. Earnings for the three months to ...
The energy & petrochemicals major disclosed its ‘transformation’ plan for Versalis last October: including an exit from ...
Seoul – Nexen Tire has reported “record high” quarterly sales in the first three months of 2025, due largely to higher volumes in Europe. The South Korean tire maker posted sales of KRW771 billion ...
Milan/Stockholm – Pirelli has agreed to sell its Nordics distribution arm Daeckia AB to CTS, a Stockholm-based independent tire service company.
Berlin – The German rubber industry association (WDK) has called for the ‘immediate’ implementation of an economic overhaul in the country. Speaking at a 29 April “rubber industry day” event in Berlin ...
Dublin – Global trade wars triggered by US import tariffs threaten to undermine the high levels of profitability currently seen in the US petrochemicals industry, believes Bill Hyde, VP olefins & ...
Midland, Michigan – Dow Inc. has extended a previously announced review of its European assets as part of a move to reduce ...
The Woodlands, Texas – Kraton Corp. has announced that it intends to raise the price for its SBS, SIS, and HSBC product lines in North America.
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Milan, Italy – Pirelli’s board of directors has voted to end the control of Marco Polo International (MPI), Sinochem’s investment vehicle, over the Italian tire maker. The board cited the Italian ...