German engineering plastics producer Covestro has signed a 90 megawatt (MW) virtual power purchase agreement (vPPA) with Danish renewables producer Ørsted for its US site at Baytown, Texas.
German PMMA specialist Röhm has signed a final agreement to acquire SABIC’s Functional form business, which makes high-end polycarbonate film and sheet.
Trinseo has finally decided to stop producing styrene at its Böhlen site in Germany, saying the plant – producing about 300,000 t/y – is too small to be competitive on the global market with current high gas prices and new styrene capacity additions sealing the unit’s fate.
PMMA specialist Röhm plans to acquire SABIC’s polycarbonate-based Functional Forms business in a deal due to close in H1 2024. The company said the buy is key to its strategy to advance its transparent semi-finished products business into a leading multi-polymer global player.
