New investments by bottling partners are expanding Coca-Cola’s global refillable glass and PET bottle packaging programs. In 2024, refillable packaging offered by the Coca-Cola system in multiple markets accounted for 14% of its total beverage sales.

INEOS Phenol, the world’s leading producer of phenol and acetone, has declared force majeure on the supply of both products and introduced sales allocation measures to address customers’ limited supply needs. The force majeure was caused by a disrupt

The two major petrochemical holding companies under INEOS Group reported a significant surge in second-quarter earnings. INEOS said that the conflict in the Middle East altered the regional supply-demand balance, product prices, and profit margins,

Lantian Group will close its adipic acid production plant in Italy. The relevant production line has fallen into losses, partly due to intense competition from the Asian market. Approximately 140 jobs at the Novara plant are at risk of being cut. Rad

Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow

Two industry organizations said when releasing the latest industry data that although the overall volume of plastic recycling in the United States has increased, recycling volumes for different types of plastics have diverged. This reflects the survi

The project collects end-of-life and waste tires across Germany, sourcing them from Driver retail stores, various motorsport events, and the Pirelli Breuberg plant as raw materials for the integrated recycling process. Pyrum uses a pyrolysis process

Singapore (ICIS) — The South Korean government has approved a major petrochemical restructuring project in the southern city of Yeosu, involving Yeochun NCC (YNCC), Lotte Chemical, Hanwha Solutions, and DL Chemical. The government has pledged support

On July 17, 2026, Guoen Co., Ltd., a leading modified materials company, made another strategic move by taking a stake in the establishment of Guoen Jiuchi Technology (Shanghai) Co., Ltd., officially expanding into cutting-edge fields such as artif

Reliance Industries Ltd. reported that EBITDA for its oil-to-chemicals (O2C) business rose 17% year-on-year to 170.1 billion Indian rupees (about $1.7 billion) in the first fiscal quarter ended June 30. The company said the growth was mainly driven b