On August 4, Mutares SE & Co. KGaA completed the acquisition of the Engineering Thermoplastics business in the Americas and Europe (the ETP Business) of SABIC for USD 450 million. It has marked the establishment of a new strategic segment, “Chemicals & Materials”. The company will operate under the new name NexPoint
On July 12, SABIC announced a new series of LNP THERMOCOMP compounds well suited for high-power, high-voltage electric drive and power module applications. New LNP THERMOCOMP OFM76XXP and OFM76EXP compounds are based on polyphenylene sulfide (PPS) resin.
They also feature high heat resistance, dielectric strength for
On July 7, 2026, Piramal Alternatives, the fund management division of the Piramal Group, announced an investment of INR 1.25 billion in JRG Automotive Industries India Pvt. Ltd., a manufacturer of powertrain-agnostic injection-molded plastic products for two-wheelers and passenger vehicles. The investment has been m
On June 18, the European Parliament gave its final approval of new EU circularity rules covering a vehicle’s entire lifecycle, from design to end-of-life treatment. After Parliament’s green light, the new regulation has to be formally approved by the Council, before entering into force and being applied 24 months lat
On June 11, Mitsubishi Chemical announced that Audi has selected its DURABIO for the door switch inserts in the new Audi Q3, which was launched in October 2025. It marks the debut of DURABIO in an Audi interior application. The new door switch panel, crafted from a single DURABIO molded component, offers significant
On June 9, SABIC announced that it is participating in the Battery Show Europe at Stuttgart, Germany, featuring its growing portfolio of specialty thermoplastics that add value to energy storage and power electronics systems.
SABIC is displaying a full-size replica of an electric vehicle (EV) battery pack, as well as
On June 9, Covestro announced that its polycarbonate/ABS material, Bayblend T85X R35 CQ, has been adopted for interior components in the Lexus ES. The material reduces Global Warming Potential (CO₂e) by 25% compared to conventional fossil-based alternatives.
The development was enabled through close collaboration bet
Mitsubishi Electric Corporation (Mitsubishi Electric) announced on June 4 that it has developed an epoxy resin material for insulation applications (e.g., isolating electrical systems and ensuring safety). The material has a biomass content exceeding 40%, along with high heat resistance and fluidity. Going forward, M
On June 3, NPP POLIPLASTIK announced that it has developed plastic materials for the production of large-scale exterior polymer parts for BELGEE vehicles. Since May 2026, these parts have been manufactured in the Kaluga Region. This deep localization was implemented by Russian companies MGC Group, POLIPLASTIK Group,
On May 26, the President of the German Association of the Automotive Industry (VDA) stated that the European Chemicals Agency's proposals regarding the planned restriction of per- and polyfluoroalkyl substances (PFAS) are misguided.
They pose significant risks to industrial value creation, supply chains, and the tran
On May 5, Borouge International announced the global launch of Borcycle GE2331SY, a new high-performance, recycled polypropylene (PP) compound designed for demanding structural automotive components. The glass-fiber reinforced compound combines 40% post-consumer recycled material with 20% glass fibers to deliver the
Valeo Group (Valeo) has joined the Global Impact Coalition (GIC)’s Automotive Plastics Circularity project to expand the coalition’s footprint across the automotive value chain.
The project has already demonstrated the technical feasibility of recovering plastics from end-of-life vehicles. Its next phase focuses on m
On May 6, Envalior announced that it will showcase its advanced materials portfolio for automotive and electronics at Smart Plastics 2026. It will present an advanced EV steering motor insulation developed for a major automotive OEM. It is manufactured with Envalior’s Stanyl PA46 material, providing high heat resista
On April 23, the Prime Minister of Egypt inaugurated Pearl Polyurethane North Africa (Pearl Polyurethane NA) factory. Built with an investment of USD 2 million, it is located in the Sokhna Integrated Industrial Zone. It will produce advanced chemicals, particularly polyurethane chemical formulations, which are used i
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