Senate approves a package of 3.1 billion reais for the chemical and petrochemical industry
The Brazilian Senate has approved a bill that increases tax incentives for the chemical and petrochemical industries to 3.1 billion reais.
Senate approves tax reduction costing R$ 3.1 billion and benefiting Braskem
The Brazilian Senate has approved a temporary reduction in taxes for the chemical and petrochemical industries, primarily benefiting the company Braskem, at a cost of R$ 3.1 billion to public finances.
Government Approves First Petrochemical Restructuring Project... Provides 2.1 Trillion Won Support Package
The South Korean government has officially approved a restructuring plan for the country's petrochemical industry, marking the first project under this initiative with a support package exceeding 2.1 trillion won.
Polish Group Orlen Significantly Increased Profit Last Year, But Revenues Fell
The Polish petrochemical group Orlen quadrupled its net profit last year, but its revenues fell by nearly ten percent.
Petrochemical Orlen Unipetrol reduced its losses to 5.9 billion crowns last year
Petrochemical company Orlen Unipetrol reported a reduction in its annual losses to 5.9 billion crowns.
More than 8.5 billion zlotys more profit. Orlen focuses on Baltic Power and petrochemicals
Orlen Group reported a significant increase in profits and plans substantial investments in the petrochemical sector and renewable energy.
Radio News (11.02.2026 12:00:00)
Coverage of various news events including Ukraine's drone attack on a petrochemical plant and updates on sports events in Estonia.
Chamber approves tax reduction costing R$ 3.1 billion and benefiting Braskem
The Brazilian Chamber of Deputies has approved a temporary tax reduction on PIS/Pasep and Cofins for the chemical and petrochemical industry, benefiting Braskem significantly.
Alpek Petrochemical Will Reduce Its Investments in 2026
The petrochemical company Alpek announced a $130 million investment plan for 2026, which is a 30.8% decrease compared to last year's figures due to market uncertainties.
‘Commencing Business Reorganization’ Eight Petrochemical Companies Suffered 1.5 Trillion Won Operating Loss Last Year
Last year, eight major South Korean petrochemical companies reported a combined operating loss of 1.5 trillion won, significantly higher than expected due to poor market conditions and one-time costs.
Chamber approves urgent regime for tax reduction project benefiting Braskem
The Brazilian Chamber of Deputies has approved an expedited process for a project that temporarily reduces PIS/Pasep and Cofins rates for the chemical and petrochemical industry, primarily benefiting Braskem.
The petrochemical industry continues to face a ‘cold spell’... Prioritizing solid growth and improvement of its structure
The petrochemical industry has recorded poor performance last year, with several major companies reporting significant losses while focusing on establishing solid growth and improving their structure.