2026.05.25
Recycling plastics from end-of-life vehicles: the technology works — but the real challenge is commercial viability
A pilot run by the Global Impact Coalition — a coalition of BASF, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, SABIC, Suez and Syensqo — confirms that plastics from end-of-life vehicles can be technically recovered and processed. The main barrier, however, is not technology: it is economic coordination and the absence of a functioning value chain across all actors involved.
2026.04.29
SABIC sells European and American assets in $950 million deal
SABIC has announced the sale of its European Petrochemicals and Engineering Thermoplastics businesses in Europe and the Americas to AEQUITA and Mutares, in transactions totaling approximately $950 million.