RONGSHENG

Multi-billion project on Chinese island of Zhoushan / Large volumes of ABS, EVA, PC to be added

MULTIVAC

Packaging machinery maker raises turnover / Major investment made in domestic sites

GRAMMER

Automotive supplier reports decline in revenue, operating profit / Forecast nevertheless confirmed / European business performs comparatively well

LEONI

Chinese electronics group Luxshare raises stake in German auto supplier

BEWI

EPS specialist remains in the red / CEO Bekken sees 'significant increase in profitability'

ORIGIN MATERIALS

Plans to divest PET closure business

KRONES

Packaging systems manufacturer starts year with strong order intake / Profit remains below last year's level

PETROCHEMICAL MARKETS

PVC: Westlake Vinnolit declares force majeure on deliveries from Cologne and Knapsack, Germany

CONTITECH

Massive job cuts planned: 3,000 positions worldwide to be affected / Site closures possible

ENGEL

Full-year revenue slips 6% / Machinery maker reports diverging regional trends

POLYTEC

Automotive supplier returns to profit

COVESTRO

'No growth investments in Europe', says CEO Steilemann / Plastics group benefits from higher sales prices as result of Middle East conflict

GREINER

Packaging division grows / Lab supplies, PU foam units come under pressure / Medical sterilisation business to become standalone

BIESTERFELD

Distributor expands polymer additives portfolio through Alpha Calcit partnership

TRINSEO

Q1 results push plastics group further into red / Revenue, adjusted EBITDA decline

BP

Multiple activists stir the waters at AGM / Pushback against 'back to the roots' strategy / Motions to curb climate reporting and allow online meetings fail

UPDATE - RADICI / DOMO EM

Rumours confirmed: US financial investor Lone Star acquires and merges the two PA producers

WESTLAKE VINNOLIT

PVC manufacturer plans to take over insolvent Vynova Wilhelmshaven

BASF

Q1 sales down 3%, but volumes grow / Petchem major sees strong Q2 prospects / Middle East crisis boosts pricing power and upside potential

VYNOVA

Belgian producer lifts force majeure on PVC supply from key European sites