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【Shell Considers Plant Closures as Chemical Business Losses Broaden to $1.1 Billion in 2025 】During Shell's Q4 2025 earnings call with analysts on February 5th, CEO Wael Sawan stated that Shell's loss-making chemicals business "has not met expectations" and the company is "actively assessing the situation and considering the phased shutdown of some of our production units." In FY2025, Shell's chemicals business posted adjusted losses of $1.12 billion, marking the sixth consecutive quarter of adjusted losses, with Q4 losses reaching $589 million. The company noted that lower chemicals margins led to a $604 million year-over-year decrease in adjusted earnings and a $263 million decrease in adjusted earnings in the fourth quarter.
2026-02-06 14:50:10 -
【Birla Carbon Launches New Production Line in Italy to Mass-Produce Sustainable Carbon Black Materials 】In February 2026, Birla Carbon inaugurated a new post-processing and packaging line for Continua™ Sustainable Carbonaceous Material (SCM) at its carbon black plant in Trecate, Italy. The feedstock for this material is sourced from waste tires processed at Circtec’s pyrolysis plant in the Netherlands, enabling large-scale supply. This move marks a critical step toward the company’s goal of recycling 300,000 tonnes of end-of-life tires annually by 2030, aiming to provide global customers with stable and eco-friendly alternative carbon black solutions.
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