Styrolution announced the inauguration of its Luran S plant located in Ulsan, South Korea. Luran S is the brand name for Styrolution's styrene acrylonitrile copolymers that have been impact-modified with acrylic ester rubber, acrylonitrile styrene acrylate (ASA).
The new plant has a capacity of 43,000mt per year, complementing current ASA capacity in Europe and North America.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
