8BASF’s planned capital expenditures of €25.6 billion between 2022 and 2026 are €2.7 billion higher than in the previous planning period from 2021 to 2025

8More than 100 nations convening in Nairobi next week are expected to take the first steps toward establishing a historic global treaty to tackle the plastic crisis afflicting the planet

8ExxonMobil has completed its first commercial sale of certified circular polymers, using its Exxtend technology for advanced recycling of plastic waste. The purchaser is Berry Global, a leading provider of innovative packaging and engineered products, which will use the circular polymers to manufacture containers for high-performance food-grade packaging on a mass balance approach

8Axens and Univation Technologies have entered into a cooperation agreement with the purpose of developing improved capital and operating efficiencies for the production of on-purpose linear alpha olefins (LAO) – including both butene-1 and hexene-1 - for use in manufacturing polyethylene resins with the UNIPOL PE Process

8The US has issued new steps toward revitalizing strained supply chains, including adding resilience to freight networks and manufacturing operations

8Russia's Togliattiazot, the world's largest ammonia exporter, has suspended transit of ammonia following the invasion of Ukraine, the company said Feb.25

8Technology giant Marie Tecnimont has a massive exposure to Russia
8And that is bad news

8Rubber prices in Singapore

8Get weekly foreign petrochemical prices here
8As well as product vs. raw material spreads

Iran's petrochemical industry has been stymied by many problems.
8“Low diversity of products, lack of investment, sanctions, slow pace of completing value chain projects, absence of long-term plans and constant change of policies have posed formidable obstacles to the industry,” one industry observer said.

8Ineos Styrolution’s NAS Eco and Luran Eco product ranges have a carbon footprint reduction of 77% and 99% compared to fossil-based styrenics

8Abu Dhabi Polymers Co. Ltd. (Borouge) has commissioned the partnership’s fifth polypropylene plant at Borouge’s integrated polyolefins complex in Ruwais, about 250 km west of Abu Dhabi City, UAE

8Two major companies have joined hands to produce hydrogen by pyrolyzing methane through the use of microwaves

8The Rubber Industry Smallholders Development Authority, or Risda, wants member countries of the International Tripartite Rubber Council (ITRC) — Thailand, Indonesia, and Malaysia — to come to an agreement on fixing the price of the commodity

8Japan’s rubber futures inched higher last week and posted their fourth straight weekly jump, as Asian stocks rose and oil prices extended sharp gains after Russia invaded Ukraine
8Sustained strength in raw material prices from top natural rubber producer Thailand also lent support

A revision in PE prices has been announced by Reliance Industries Ltd.

New PET resin prices are announced by Chiripal.

Dhunseri Petrochem (ASPET) has come up with revised PET prices.

PET resin prices have been raised by JBF Industries Ltd.

A roll over in PS prices has been announced by Supreme Petrochem Ltd.

PP prices are raised By Reliance Industries Ltd.

It looks like some oil & gas companies did not do very well due to COIVD
8One is an E&P equipment manufacturer
8The other is a parallel marketer

The massive expansion of pipeline capacity by India, the second largest after China, may end up as stranded assets.
8And this can happen far more quickly than anticipated

At $100, what kind of losses are oil companies incurring since retail prices are not allowed to be raised?
8Also, how can these losses be mitigated now, once state elections are over?

8India, the world's third largest energy importing and consuming nation, on Saturday said it is closely monitoring the global energy markets to track any supply disruptions following the Russia-Ukraine conflict, and will support release of oil from strategic storages to cool prices.