MOL Group has signed a binding letter of intent with Gazprom Neft to acquire 56.15% of the shares in Naftna Industrija Srbije, which includes Serbia's only oil refinery as well as retail and upstream assets.
Omya Performance Polymer Distribution has appointed Sara Ghione as president for rubber polymers and additives, responsible for global distribution development in this segment.
Grupa Azoty and Grupa Azoty Police have established significant impairment write-downs mainly related to loans granted to Grupa Azoty Polyolefins, in connection with the planned divestment of the Polimery Police project and ongoing restructuring proceedings.
Three German companies of the DOMO Chemicals group have filed for insolvency, and the preliminary insolvency administrator is analysing restructuring scenarios while maintaining ongoing operations.
BASF has developed a polyamide with increased hydrolysis resistance for use in pumps and valves of cooling systems in electric and commercial vehicles, meeting extended service life requirements.
The CDP organization has awarded BASF top scores in the areas of climate and forest protection as well as sustainable water management, confirming the company’s status as one of the leaders in environmental impact reporting and management.
From January 1, 2026, a new management structure will apply at SKZ – Plastics Center. Key positions have been taken over by long-standing managers from within the organization.
In the EWS.MWCNT project, the SKZ center and its partners are developing geothermal probes made of PE100-RC pipes modified with multi-walled carbon nanotubes to increase thermal conductivity, improve ground source system efficiency and enhance market acceptance.
Three German companies of the DOMO Group have filed for insolvency. The preliminary insolvency administrator is maintaining operations and assessing restructuring options.
Grupa Azoty Polyolefins has filed a claim with the Vienna International Arbitral Centre against Hyundai Engineering concerning the implementation of the Polimery Police project. The company estimates the value of the claims at up to EUR 2.98 billion.
Brenntag acquires UK-based distribution group Airedale
UPM started commercial production of industrial sugars at its Leuna biorefinery in Germany. The facility, the largest biochemical investment in Europe, uses hardwood to produce advanced renewable feedstocks.
