Dag Teigland will become CEO of Elkem effective 3 August 2026. Teigland has over two decades of industrial and investment experience and currently serves as executive chairman of Tekna Holding ASA. He previously held several leadership roles at Elkem between 1998 and 2002, most recently as managing director of the business area chrome.
Ineos Enterprises has completed the sale of Ineos Calabrian, its ultra-pure sulfur dioxide and derivatives business, to Ecovyst. Ineos Calabrian operates manufacturing sites in Port Neches, Texas, USA and Timmins, Ontario, Canada.
The Coatings transaction between Carlyle and BASF, announced on October 10, 2025, was completed on June 30, 2026, after all necessary regulatory approvals were received. The company now operates under the new name Surventis.
“Using a plastic bottle to make a shirt is not addressing waste. It’s kicking it down the road to be addressed at some point in the future” – World Cup kits may use 100% recycled polyester but questions remain over how sustainable the material really is.
Westlake Corporation announced that its German subsidiary, Westlake Vinnolit GmbH & Co. KG, has completed the previously-announced acquisition of a polyvinyl chloride and vinyl chloride monomer production site located in Wilhelmshaven, Germany. The Wilhelmshaven plant, which was previously in insolvency administration, has the capacity to produce 380,000 metric tons of PVC per year.