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BASF
Q4 operating profit soars 32% year-on-year / Sales jump 8%
PETROCHEMICAL MARKETS
European plastics processors alarmed by forces majeures / EuPC and French umbrella organisation Polyvia reminded of 2015
German chemical giant BASF has reported better-than-expected operating income in the fourth quarter 2020, with the segments for materials, chemicals and industrial solutions leading the... (22.01.2021)
“We want to avoid a second 2015,” says Ron Marsh, chairman of the Polymers for Europe Alliance, an initiative in association with EuPC. There has been an alarming increase in forces... (21.01.2021)
PLASTICS INDUSTRY
Pandemic hits economy / Global plastics production nears 370m t in 2019
ITALY
Italian plastics and rubber machinery output craters in 2020 / Exports plummet
The Covid-19 crisis had a severe impact on the European plastics industry in 2020. The trend nevertheless suggests a cautious recovery. After a sharp decline in the first half of the year,... (21.01.2021)
The pandemic has hammered the Italian plastics and rubber processing machinery industry, with data from the first nine months of 2020 signalling drastic full-year declines in production... (21.01.2021)
PACKAGING
Rising pressure to increase use of recyclates and recyclable packaging / Recycled material will continue to sell at a premium
SINOCHEM
Subsidiary Luxi Chemical to build new caprolactam and PA 6 plants
Pressure from consumers and NGOs for the plastic packaging chain to develop environmentally friendly materials and packaging designs is continuing to strengthen, says Smithers in a new... (20.01.2021)
Chinese supplier Luxi Chemical, a subsidiary of Sinochem, has announced plans to build a new 300,000 t/y caprolactam production line and another for 300,000 t/y of polyamide 6 at its home... (20.01.2021)
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Date of print: 22/01/2021
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