In the first week of January 2026, market participants gradually returned to activity after the long Christmas and New Year break. The period was marked by waiting for the first price offers and by analysis of the current market situation.
Three German companies of the DOMO Chemicals group have filed for insolvency, and the preliminary insolvency administrator is analysing restructuring scenarios while maintaining ongoing operations.
Südpack sold its production plant in Oak Creek to PPC Flex and entered into an extensive strategic partnership focused on joint growth in the US market, with particular emphasis on the meat and cheese segments.
New AMI Market Intelligence report analyses polyethylene consumption in Middle East and Africa markets for 2019–2029, highlighting key growth segments in plastics processing and differing development drivers in both subregions.
SABIC signed two agreements to sell its European petrochemicals business and its regional engineering thermoplastics business in the Americas and Europe with a combined value of USD 950 million, as part of its portfolio optimization program.
Three German companies of the DOMO Group have filed for insolvency. The preliminary insolvency administrator is maintaining operations and assessing restructuring options.
Grupa Azoty Polyolefins has filed a claim with the Vienna International Arbitral Centre against Hyundai Engineering concerning the implementation of the Polimery Police project. The company estimates the value of the claims at up to EUR 2.98 billion.
Brenntag acquires UK-based distribution group Airedale
The Supervisory Board of Grupa Azoty has appointed Mirosław Ptasiński as vice president of the company’s management board as of 16 December 2025. At the same time, the six-member composition of the 13th term management board was confirmed.
Syensqo has received an A rating for climate and an A- for water security in CDP’s 2025 assessment, placing the company among global leaders in environmental transparency and impact management.
Grupa Azoty has submitted a counteroffer to Orlen for the acquisition of 100% of Grupa Azoty Polyolefins shares worth PLN 1.022 billion. The proposal is non-binding and subject, among others, to completion of the restructuring proceedings at GAP.
Several converters have confirmed that they will maintain production on 29–30 December, as they have orders for finished products. As a result, trading companies will be able to continue selling and looking for customers this week, if they deem it appropriate.