Author: Editor
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European Bioplastics and Novamont: Inside the Campaign Against a Competing Plastics Technology
Internal European Bioplastics records reveal an organized campaign against a competing plastics technology, with Novamont involved in key meetings. The…
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Solvay Earnings Fall 26.6% in Third Quarter
Solvay reported €173 million in third-quarter EBITDA, down 26.6% organically, as weak soda ash demand and disruptions weighed on results.
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Nippon Shokubai Acquires GOO Chemical for ¥20 Billion
Nippon Shokubai acquires Japan’s GOO Chemical for ¥20 billion, strengthening its semiconductor materials and specialty chemicals portfolio and global reach.
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Mitsubishi Chemical Schedules Memphis MMA Production Halt
Mitsubishi Chemical schedules a two-week maintenance shutdown at its Memphis MMA plant, raising concerns over US acrylics supply and prices.
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Chemours Net Profit Jumps to $196 Million
Chemours reports $196 million in quarterly net profit, helped by PFAS insurance proceeds, as sales increase to $1.54 billion overall.
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Clariant Sales Rise 5.6% as Profit Margin Narrows
Swiss chemicals group Clariant reports third-quarter sales growth of 5.6% in local currencies, while its adjusted EBITDA profit margin declines.
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INEOS Petrochemical Earnings Plunge 60% Quarter-on-Quarter
INEOS Quattro earnings fell 60% quarter-on-quarter as weak European chemical demand, lower prices and renewed Asian competition pressured profitability.
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Saudi Aramco Profits Jump 35% to €32 Billion
Saudi Aramco reported a 35% quarterly profit increase, supported by higher crude prices and a major petrochemical joint venture sale.
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UAE Boosts Oil Exports After Leaving OPEC
The UAE says oil exports increased after leaving OPEC, as higher crude production reshapes regional supply amid the Iran conflict.
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Verbio Opens €100 Million Chemical Plant in Germany
Verbio opens a nearly €100 million chemical plant in Bitterfeld, Germany, with annual capacity of 60,000 tonnes and 50 new…
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Trump has Message for SLAPP Victims
Play the video Trump’s message for SLAPP victims …. what lawsuits mean to Trump. That’s what I like about Trump…
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Petkim to Build New Polyethylene Complex in Türkiye
Petkim plans an 850,000-tonne-per-year polyethylene complex in Türkiye, using Univation technology. The project remains subject to a final investment decision.
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LyondellBasell Plans New Chemical Recycling Plant in Europe
LyondellBasell expects its second chemical recycling plant to be located in Europe, citing stronger regulatory support than in the United…
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INEOS Plans Acrylonitrile Production Halt
Polymerupdate reports a planned INEOS acrylonitrile production halt. The affected plant, location, reason and expected duration have not been confirmed.
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Formosa Plastics Declares Force Majeure in Texas
Formosa Plastics declared force majeure on selected polyethylene grades after a Texas plant shutdown. The affected unit and restart date…
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EU Commission Slaps 48% Tariffs on Chinese Plastics
The European Commission has imposed five-year tariffs of up to 48.1% on Chinese PET roofing fabric, reviving questions about Europe’s…
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Repsol to Open New PE and PP Plants in Portugal
Repsol expects two new Portuguese plastics plants to start soon, adding 600,000 tonnes of annual polyethylene and polypropylene production capacity.
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Chinese Study Challenges OK Compost Certification
Chinese scientists found polymer residues in certified PLA/PBAT cutlery and projected disintegration beyond the OK compost INDUSTRIAL certification benchmark standard.
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Thai Chemical Giants Merge to Challenge China
Thailand’s PTTGC and SCGC plan a petrochemical joint venture targeting global top-ten scale as Chinese overcapacity pressures regional plastics producers.
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Oil Majors Make Billions but Refuse to Build Refineries
Five oil giants earned $56.3 billion in quarterly profits but remain reluctant to build refineries despite tight fuel supplies worldwide.
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Trump Slaps 50% Tariff on Canadian PET Resin
Washington adds a 50% tariff to Canadian high-viscosity PET resin, threatening cross-border plastics trade and bottle-grade material suppliers and producers.
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UK Cracks Down on Plastic Recycling Claims
Britain will require certification of mechanically recycled plastic packaging from 2030, targeting unreliable claims and strengthening Plastic Packaging Tax compliance.
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US Bills Could Legalize Plastic Greenwashing
Two congressional bills could legitimize disputed recycled-content accounting and restrict stricter state labeling laws, sparking fresh accusations of plastic greenwashing.
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EU Investigates Omya for Abuse of Dominance
The European Commission is investigating whether Swiss supplier Omya used exclusivity deals and rebates to restrict competition in paper chemicals.
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Italy’s €100 Million Plastics Fraud
Italian prosecutors investigate a €100 million plastics VAT fraud involving shell companies, false invoices and unfair competition across European markets.
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Europe Blames Everyone. Except Itself.
Europe blames external powers and climate change for its industrial decline while struggling with energy costs, weak leadership, institutional dysfunction,…
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TotalEnergies Doubles Profit as Diesel Prices Soar
TotalEnergies doubles quarterly profit to $8.3 billion as diesel shortages and exceptional refining margins deliver a massive windfall for shareholders.
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Iraq Jails Politicians Over $22 Million Oil Corruption Scandal
Two Iraqi politicians receive prison sentences and must repay over $22 million following corruption convictions involving state-owned oil refinery contracts.
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Oil Prices Fall as JD Vance Pushes Iran Toward Negotiations
Oil prices decline as JD Vance seeks renewed Iran talks, but Middle East attacks and supply disruptions keep markets nervous.
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Vynova Halts Belgian Production Over Energy Costs
Vynova plans to suspend Belgian chemical production by November 5 as high energy costs threaten jobs and PVC supply chains.
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Loop Industries: Cash Crisis Threatens PET Recycling Ambitions
Loop Industries faces a funding crunch, with dwindling cash, a going-concern warning and a smaller planned PET recycling plant in…
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Trump, Venezuela and the Oil Reality Check
Trump celebrates Venezuelan oil imports and booming American drilling, but declining Texas rig counts and industry data complicate his claims.
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Saudi Arabia Under Fire: Oilfields, Refineries and Pipelines Hit Since the Iran War Began
Since February 2026, Saudi energy infrastructure has faced reported missile and drone attacks. This chronology examines targeted facilities, refinery disruptions,…
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Bio-On Appeal: Prosecutors Seek Longer Sentences as the 2019 Collapse Remains Under Scrutiny
As of 28 October 2026, the legal battle surrounding Bio-On, once a celebrated Italian bioplastics company, is continuing before the…
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€3.15 Million in Lawsuits, €15,000 in Legal Costs, and Still Waiting for Justice
An update on my legal battles with ENI, Novamont, and the European institutions
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Versalis: 43% Production, 57% Green Bullshit
Italian chemical giant Versalis operates at just 43% capacity, raising serious concerns about industrial decline, competitiveness, jobs and Eni’s strategy.
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The History and Future of Avantium
After 26 years, hundreds of millions in investment and substantial public subsidies, Avantium is raising another €55 million. We examine…
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Polytechnic University of Milan to Help Restart Bio On’s PHA Production
Bio On targets industrial PHA production restart with university support and an €8.9 million research program, following years of inactivity.
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India Denies US Pressure to Cut Russian Oil Imports
India denies US pressure over Russian oil imports, insisting commercial interests, competitive pricing and Middle Eastern discounts drive purchasing decisions.
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QatarEnergy Chief Calls for Protection of Energy Infrastructure and Shipping Routes
QatarEnergy urges protection of LNG infrastructure and shipping routes during conflict, highlighting risks to global supplies and maritime trade.
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Eni Bets Big on Venezuela’s Oil Riches Despite Political Risks
Eni eyes a major Venezuelan oil investment, betting on massive production growth despite political uncertainty, regulatory hurdles and economic risks.
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Macron Has Turned France Into a Third World Country
France faces mounting debt, political chaos and industrial decline, while Macron continues preaching European leadership despite his country’s worsening troubles.
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BASF Teams Up with China’s Highsun to Rescue European Nylon
BASF and Chinese caprolactam giant Highsun explore a 50:50 joint venture combining their European polyamide 6 businesses to cut costs.
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EU Waste Shipment System Disrupts European Recycling Industry
European recyclers warn that DIWASS technical failures threaten waste shipments, urging the European Commission to postpone implementation requirements until July…
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Struggling UK Chemical Factories Plead for £1bn Help
UK chemical makers seek a £1bn Autumn Budget programme to unlock £3bn of private investment as 2026 output slumps 2.4%.
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Geopolitics Adds $20 a Barrel to Oil, Fund Manager Says
Gallo Partners’ CIO says Middle East uncertainty has added roughly $20 a barrel to oil, as prices slip 2% Monday.
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ENI and the Brindisi Fiasco
How do you sell a petrochemical cracker after shutting down the industrial ecosystem that makes it valuable? ENI’s restructuring in…
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India Targets $1 Trillion Chemicals Industry by 2040
India targets a $1 trillion chemicals industry by 2040, investing in chemical parks, infrastructure and manufacturing to accelerate industrial growth.
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Syria Could Become a Major Player in Middle East Oil and Gas
Syria attracts international energy investment, seeking to revive oil production and become a strategic alternative to the Strait of Hormuz.
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Trump Furious Over Ukrainian Strikes on Russian Oil Refineries
Trump condemns Ukrainian strikes on Russian refineries, warning of rising fuel prices as tensions with Zelensky threaten American military support.
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Alaska LNG Project Rocked by Alleged Secret Russian Financing
Senior executives quit a $25 billion Alaska LNG project amid allegations of secret Russian financing, raising concerns over US sanctions.
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China’s Petrochemical Expansion Challenges Europe’s Industrial Future
China’s competitive exports and Europe’s rising costs intensify industrial tensions, prompting Brussels to consider trade-defence measures to protect strategic manufacturing…
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Taiwan Plastic Recycling and Recycled Content Scandal
Taiwan dismantles a $2.2 million illegal plastic waste disposal network, indicting six individuals and three companies over unauthorized operations.
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Kremlin Confirms US-Russia Talks Over Lukoil’s $22 Billion Assets
Washington and Moscow discuss Lukoil’s $22 billion foreign assets as US sanctions complicate potential acquisitions by international energy companies.
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Europe Faces Winter Energy Crisis says IEA
Europe enters winter with historically low gas reserves as Middle Eastern conflicts disrupt supplies, threatening higher prices and shortages.
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Eni Doubles Profits, Raises Dividend and Share Buybacks
Eni doubles quarterly profits to €2.8 billion, announces €1.3 billion special dividend and raises share buybacks to €3.8 billion.
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EU Rejects Arctic Oil and Gas Despite Energy Crisis
The EU rejects Arctic oil and gas despite Europe’s energy crisis, while Norway expands drilling and Russia strengthens its presence.
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Trump Invokes Defense Production Act to Boost US Oil Production
Trump invokes the Defense Production Act to expand US oil production, strengthen energy infrastructure and safeguard national security through federal…
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Rosneft Fears Long-Term Damage from Ukraine War
Rosneft faces mounting financial pressure as Ukrainian refinery attacks disrupt production, increase repair costs and threaten its long-term viability.
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China Faces Petrochemical Shortages as Prices Rise
China’s petrochemical inventories are shrinking amid feedstock shortages, driving up chemical prices despite continued industry overcapacity and uncertain future demand.
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Bio-on Scandal: Twelve Short Sellers, Four Names and Unanswered Questions for Bologna Prosecutors (UPDATE I)
New revelations raise questions about Bologna prosecutors’ investigation into Bio-on’s collapse. Confidential CONSOB records reportedly identify 12 short-selling operators, while…
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Ukrainian Refinery Strikes: Is Someone Trading on Inside Information?
Are oil traders profiting from advance knowledge of Ukrainian refinery strikes?
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Trump’s Secret Venezuela Oil Deal Raises Questions
Trump’s controversial Venezuela oil deal reportedly grants extensive access to American investors, raising concerns about transparency, secrecy and potential beneficiaries.
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Gulf Oil Exports Surpass Prewar Levels Despite Iranian Attacks
Gulf oil exports exceed prewar levels despite Iranian attacks, reaching 24 million barrels daily, while soaring shipping costs sustain prices.
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UK Approves Long-Delayed Jackdaw Gas Field
Britain approves Jackdaw gas production, potentially boosting domestic supply by 6%, strengthening energy security and supporting hundreds of North Sea…
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Trump Pushes for More Diesel as US Prices Top $6
Trump urges refiners to increase diesel production as US prices surpass $6 per gallon, but supply relief faces significant delays.
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Should Germans Be Blamed for the Ursula Fiasco?
Germany gave us Beethoven, Einstein and Ursula. Brussels installed the malfunction, renewed her contract, and now refuses to honour the…
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A Personal Message to Vladimir Putin
A personal appeal to Vladimir Putin, asking Russia to welcome disillusioned Westerners seeking employment, stability, opportunity and a fresh start.
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Did Russia and China Ultimately Win the Cold War?
Did Russia and China Ultimately Win the Cold War? Perhaps Russia and China ultimately won the Cold War—not militarily or…
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Oil Prices Can Fall $38 in One Day
On March 9, 2026, WTI crude oil experienced a historic $38 intraday price swing, demonstrating how dramatically prices can fluctuate.
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France Is Burning, Macron Is Touring the Gulf
As France erupts in protests, Macron tours wealthy Gulf states seeking oil, leaving angry citizens questioning his priorities and leadership.
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UK Oil Industry Urges Government to Unlock New North Sea Projects
North Sea industry leaders urge the UK government to approve more drilling projects, potentially unlocking £50 billion in energy investment.
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Nigerian Unions Issue Ultimatum for Petrol Price Reduction
Nigeria’s labour unions demand lower petrol prices, threatening further action as fuel costs rise and household purchasing power deteriorates.
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Goldman Sachs Predicts Brent Oil at $80 in 2027
Goldman Sachs expects Brent crude to average $80 per barrel in 2027 as Middle Eastern oil supplies recover. The bank…
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Oil Flows Through Strait of Hormuz Recover to 80%
Oil flows through Hormuz recover to 80% of pre-war levels, while Washington seeks additional diesel supplies to stabilize markets.
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China Reports Overnight Petrochemical Production Disruptions
Chinese chemical producers report plant outages and planned maintenance, raising concerns about supply disruptions across several important industrial chemical markets.
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Iran Offers to Reopen Strait of Hormuz Within Seven Days
Iran proposes reopening the Strait of Hormuz within seven days, provided Washington lifts restrictions and agrees to its conditions.
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Macron Resigns
Macron Resigns: “My Mission Is Accomplished”
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BBC Brainwashes Kids Over Net Zero
BBC accused of promoting Net Zero ideology to schoolchildren through educational materials, triggering allegations of political bias and demands for…
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Is France Heading Towards Civil War?
France’s escalating unrest raises fears of further violence, a turbulent New Year’s Eve and growing instability across Western Europe.
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TotalEnergies Declares Force Majeure on Polystyrene in France
TotalEnergies declares force majeure on polystyrene after an unexpected shutdown in France, raising concerns about European plastic supplies and prices.
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Türkiye Could Soon Announce New Oil Discovery at Gabar
Türkiye anticipates a new oil discovery at Gabar as exploration expands and the country seeks greater energy independence.
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AkzoNobel and Axalta Unveil Axanzo as New Coatings Giant
AkzoNobel and Axalta unveil Axanzo, their planned $25 billion coatings giant, combining approximately 100 brands across more than 160 countries.
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Trump Allows India to Keep Buying Cheaper Russian Oil
Trump waives tariffs on Russian oil buyers, allowing India to maintain cheaper imports despite rising global crude prices and shipping…
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Brent Crude Could Reach $120
Brent crude could reach $120 as Iranian shipping attacks, Ukrainian refinery strikes and escalating geopolitical tensions threaten global oil supplies.
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Oil prices surge toward $110 a barrel
It’s going to be a cold and expensive winter in Europe Source https://en.mehrnews.com/news/248671/Oil-prices-surge-toward-110-a-barrel
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Could a Dollar Agreement Bring Brent Oil Down to $77?
Could a coordinated dollar agreement between the United States, Russia and Saudi Arabia strengthen the dollar, increase global oil supplies…
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Is the EU Buying Stolen Russian Gas from Ukraine?
Could Russian gas allegedly stolen from Ukrainian transit pipelines years ago have entered EU markets? Questions remain about ownership and…
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IEA Says Ukrainian Attacks Cause Diesel Shortages
Ukrainian attacks on Russian refineries are worsening global diesel shortages, cutting fuel supplies and driving up costs for consumers worldwide.
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Canada Supreme Court to Review Single-Use Plastics Ban
Canada’s Supreme Court will review the legal basis for federal single-use plastics restrictions following an appeal by major petrochemical companies.
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Belgium Heads Toward Another Political Crisis
Belgium Faces Another Political Crisis — The Middle Class Feels Betrayed
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Musk and Trump Push US Flying-Car Revolution
While America develops flying cars, Brussels celebrates its greatest innovation: a plastic bottle cap that stays attached. European progress!
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Brussels Citizens Are Fed Up with EU Institutions
Brussels residents are increasingly frustrated with EU institutions, citing rising living costs, declining purchasing power and privileges enjoyed by officials.
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IEA Accelerates Release of 100 Million Barrels of Emergency Oil
The IEA accelerates emergency oil releases, prioritizing diesel as global fuel shortages, geopolitical tensions and rising prices threaten energy markets.
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The Collapse of the EU Circular Economy
Europe’s recycling industry faces closures, bankruptcies and cancelled investments as cheap virgin plastics undermine ambitious EU circular economy policies.
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Ukrainian Military Allegedly Behind Nord Stream Pipeline Explosions
Personal Remarks We helped Ukraine, funded its war effort, and opened our doors to its refugees. And how are we…
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Covestro to shut down Antwerp Activities
Covestro reportedly plans to reduce polycarbonate production capacity in Antwerp by 75%, highlighting mounting pressure on Europe’s plastics industry.
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Saudi Aramco comes to rescue of Europe
Saudi Aramco offers extra crude oil cargoes to European buyers, potentially boosting supply as energy markets face ongoing uncertainty.
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EU Plans Trade Restrictions on Chinese Chemicals and Machinery
Brussels considers restricting Chinese chemicals and machinery imports as European manufacturers face increasing competition and pressure from China’s industrial expansion.
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Have EU billions in aid to Ukraine been embezzled?
Has someone run off with the cash?