Daily News

Has China’s TDI Market Bottomed Out? (PUdaily) China’s TDI market rebounded slightly after a sharp decline in April, but the overall monthly price drop exceeded the gains. The market continued to decline at the beginning of the month due to ongoing excess supply.

INEOS and Covestro have today announced a significant long-term agreement for the supply of natural gas for up to eight years, starting 2027.

Covestro (Leverkusen, Germany) has announced the launch of Desmopan® FLY, an advanced Thermoplastic Polyurethane (TPU) series specifically engineered for supercritical fluid (SCF) foaming technology.

Perstorp (Malmö Perstorp,Sweden) and BRB (Ittervoort, the Netherlands), wholly-owned subsidiaries of PETRONAS Chemicals Group Berhad, inaugurated a new innovation hub in Shanghai, China.

Huntsman, one of the leading global companies in the development of polyurethane-based resins for the manufacture of composite wood products, will be exhibiting at LIGNA 2025 in May and will unveil two new bio-based products at the world’s leading trade fair for woodworking and wood processing technology.

Specialty chemicals company LANXESS has completed the sale of its Urethane Systems business to Japanese UBE Corporation on April 1, 2025. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange.

RAKU® TOOL WB-1258 for the Foundry Industry: RAMPF showcases high-performance polyurethane board at Cast Expo 2025 in Atlanta, GA – Booth 2629

BASF’s Coatings division has successfully expanded its production capacity for polyester and polyurethane resin at its Caojing plant in Shanghai, China. Originally established in 2015 with an annual capacity of 8,000 metric tons of polyester and polyurethane resin, the plant has now increased its capacity to 18,800 metric tons per year — a more than twofold increase.

BASF receives Operation Clean Sweep® certification at all its European production sites for plastic pellets

Covestro (Leverkusen, Germany) will open an automated laboratory for developing coating and adhesive formulations

International distributor Biesterfeld (Hamburg, Germany) is to receive additional distribution mandates for BASF's Elastollan® Thermoplastic Polyurethane Elastomers

Covestro (headquartered in Leverkusen, Germany) has successfully completed the modernization of its TDI (Toluene Diisocyanate) plant in Dormagen

Elastomers experts at Huntsman have been working closely with the team at wheel and castor manufacturer RÄDER-VOGEL to develop a new generation of polyurethane-based, anti-static PEVOTEC® wheels.

The PU foam specialist Recticel (Brussels / Belgium) increased its turnover by 15 % to EUR 610 million last year and adjusted EBITDA by 27 % to EUR 49.6 million.

Kimpur (Istanbul, Türkiye) has successfully completed the installation of all reactors as part of its strategic collaboration with Ravago Petrokimya (Istanbul, Turkiye), further strengthening its production infrastructure.

At JEC World 2025 Cannon showcases its enhanced machinery portfolio for the composites industry following the acquisition of Polytec EMC Engineering

Researchers at the Fraunhofer Institute for Applied Polymer Research IAP (Potsdam, Germany) have developed a foil that changes into polyurethane foam (PU foam) when heated – entirely without health risks.

Lubrizol, a global leader in specialty chemicals, today announced the launch of a new ESTANE® TPU production line at its Shanghai manufacturing facility and released its white paper titled "New-Quality Consumption: A New Growth Engine for the Car Paint Protection Film (PPF) Industry."

BASF India Limited has broken ground on a new plant to increase the production capacity of its Cellasto® microcellular polyurethane (MCU) in Dahej, India.

Kingspan Group, a global leader in high-performance building solutions, today announces it has achieved its ambitious target to recycle one billion PET (polyethylene terephthalate) bottles per year into its manufacturing processes by 2025.[1]

It is a long-time favorite and an innovative material for a sustainable future: 75 years ago to the month, in February 1950, Vulkollan® was invented, a versatile evergreen among high-performance plastics.

Honeywell (Charlotte, NC, USA) recently announced that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies.

PLIXXENT, the leading provider of innovative polyurethane (PU) system solutions, announces the opening of its new distribution centre for PU-based spray foam solutions in Roye, France.

Huntsman (Tienen, Belgium), a global leader in the development of innovative polyurethane-based coatings materials, will highlight some of its most recent product developments, including a new coating system containing up to 20% circular content* at the European Coatings Show (ECS) in March

In alignment with the Kingdom’s vision to enable the downstream industry, Sadara Chemical Company (Jubil, Suadi Arabia) and Oasis Pioneers Industrial Co. Ltd (Oasis Pioneers), have signed a long-term supply agreement for Methylenediphenyl Diisocyanate (MDI) amid the presence of Sadara CEO Fayez Al Sharef and Oasis Pioneers Chairman Khaled Juffali.

Safic-Alcan, a global distributor headquartered in Paris - La Défense in France, recently announced the expansion of its partnership with Ketjen (A wholly owned subsidiary of Albemarle Corporation), introducing the innovative ETHACURE curatives to key markets in Brazil, Chile, and Colombia.

Leadership change in Europe: Effective February 1, 2025, Dr. Yun Chen will take over the leadership of European production for Covestro's Performance Materials (PM) Business Entity. In this position, he succeeds Dr. Daniel Koch, who is leaving the company at the end of January at his own request.

Following the end of the additional acceptance period on December 16, 2024, ADNOC International Germany Holding AG announced on Dec. 19, that a total of 172 591 806 shares in Covestro have been included in its voluntary public takeover offer to all shareholders of Covestro AG .

Covestro, (Leverkusen, Germany) announced plans to build a pilot plant for recycling of elastomers. The investment in the double-digit million euro range is used to fund the development and construction project of the state-of-the-art pilot plant at Covestro's site in Leverkusen. The construction is estimated to take about one year until technical completion.

German materials manufacturer Covestro (Leverkusen, Germany) and Polish Selena Group (Wrocław, Poland), a global distributor of construction materials, continue their collaboration as sustainability pioneers in the construction industry. With Tytan Professional® Adhesive for Bricklaying, the partners introduce an innovative new product that significantly decreases the environmental impact compared to traditional cement mortars and reduces the carbon footprint by up to 90%.[1]