Westlake Corporation agreed to acquire the global compounding solutions businesses of Portugal-based ACI/Perplastic Group, a maker of PVC, polyolefin, silicone and thermoplastic rubber compounds with four plants, with closing expected in early 2026.

Maire Tecnimont subsidiary Tecnimont won a lump-sum turnkey contract from Repsol worth about €430 million to build polypropylene and linear polyethylene units at Repsol's Sines complex in Portugal, due for completion by 2025.