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BASF Raises MDI and TDI Prices in ASEAN and South Asia by USD 250/t

2026

Wanhua Raises MDI, TDI and Polyether Polyol Prices in Southeast and South Asia

2026

Huntsman Raises All MDI Prices in EMEAI by EUR 285/t

2026

Dow Raises Polyurethane Product Prices in Europe, the Middle East, Africa and India by Up to EUR 250

Market sources reported that Dow Europe GmbH has announced price increases for polyurethane products across Europe, the Middle East, Africa and India

2026

Akzo Nobel’s Russian subsidiaries placed under external administration

A presidential decree in Russia has placed Akzo Nobel’s subsidiaries in the country under temporary external administration. While the company assesses the implications, Russia accounts for less than 2 % of its global revenue.

2026

Covestro announces new MDI capacity in China and feasibility study in UAE

Covestro plans to expand its MDI production with a new facility in Shanghai, China, and is exploring a second large-scale plant in the UAE. The projects aim to meet growing global demand for MDI while focusing on energy efficiency and reduced emissions.

2026

BASF Coatings becomes Surventis: A strategic shift in the coatings industry

With the spin-off and renaming of BASF Coatings to Surventis, BASF adopts a new corporate structure. The company retains a minority stake of 40 %, ensuring continued influence on value development.

2026

Evonik closes polyester business and cuts jobs

The chemical group Evonik is shutting down its global polyester business by 2027 and cutting 3,200 jobs worldwide. The company’s restructuring not only has internal implications but also affects the raw material supply of the paints and coatings industry.

2026

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