Syensqo extended supply agreement with Sealed Air
The renewed partnership focuses on high-performance food packaging, including Ixan® polymer resin for barrier films.
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Science company and advanced materials manufacturer
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In short: Syensqo initiated a strategic review of its Performance & Care segment and reported Q1 2026 net sales of $1.4 billion while securing major contracts.
The renewed partnership focuses on high-performance food packaging, including Ixan® polymer resin for barrier films.
The review aims to sharpen focus on specialty materials and advanced technologies, maximizing shareholder value.
The agreement signed at JEC World 2026 will recycle carbon-fiber prepreg waste from the Östringen site.
Net sales were €1.4 billion and underlying EBITDA €251 million; full-year underlying EBITDA outlook is unchanged, and capital expenditure is reduced by up to €50 million.
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