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Markets

BERICAP German closure firm passes EUR 1 bn in sales / Plans include entry into Vietnam, Kenya	23.02.2023
RUSSIA Slack local demand, weak exports cut resin output / Asian imports hit market / Investment slump heralds future problems	22.02.2023
ECI / REPSOL Two major EVA plants to be built in China / Facilities likely part of large-scale complex in Qinzhou	22.02.2023
PET RECYCLING FRANCE Loop Industries plans second French plant to chemically reclaim PET / Cooperation with Suez and SK / Huge market potential	22.02.2023
PLASTIC PACKAGING Fraunhofer study says plastic crates more sustainable than throwaway cardboard	22.02.2023
PET RECYCLING AUSTRIA PET to PET reports record reclaim volume in 2022	22.02.2023
BRASKEM Cooperation with Finland's Coolbrook to assess electric olefin cracker technology / Pilot project planned	22.02.2023
RECYCLATE MARKET GERMANY Energy price cap a competitive advantage for German firms / Suppliers from other EU countries see themselves at a disadvantage	21.02.2023
FREEPORT ECO-SYSTEMS US firm selects Alterra tech for US chemical recycling plant / Site to process 192,000 t/y of waste plastics / Second offtake deal with Shell	21.02.2023
BRENNTAG Engine Capital urges spinoff of specialities ops / Are activist investors targeting distributors?	21.02.2023
INEOS OLEFINS EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026	20.02.2023
SGT French PET preform producer sells company stakes / Recyclate production increased / Expansion of international business	20.02.2023
UPONOR Joint project demonstrates chemical recycling of PEX pipes / High yields achieved / Partners assess further opportunities	20.02.2023
VESTAS Wind turbine maker deep in the red / Recycling approach for epoxy resin-based rotor blades	17.02.2023
QUANTAFUEL Local approval to build UK chemical recycling plant / Completion expected in 2025	17.02.2023
TORAY Expansion for PPS base polymer in South Korea	17.02.2023
SINGLE-USE PLASTICS LYB, Braskem respond to report on top producers of resins for single use / Indorama stays mum despite “positive outlier” rating / Most major firms decline comment	16.02.2023
PLASTICS RECYCLING US study rates performance of reclaim processes / Focus on major polymers	16.02.2023
COVESTRO EUR 200 mn chlorine plant onstream in Spain / European MDI network strengthened / Energy saving by up to 25%	16.02.2023
UN PLASTICS WASTE TREATY First meeting on global rules reveals discord / 50-country bloc demands lower resin output, bans for some grades / Industry role in negotiations criticised / Next talks due in May	15.02.2023
LOGISTICS Freight rates falling – why and for how long? / Restart of Chinese production set to boost domestic economy	15.02.2023
GERMAN ECONOMY Business development better than expected / Official warns against celebrations / Low willingness to invest spurs concerns – DIHK study	15.02.2023
LOTTE INEOS Another large-scale VAM plant in South Korea / Ineos focuses on imports for the European market	15.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
BRAZIL Plastics converters want to continue pushing exports / Competitive advantages through lower cost base	14.02.2023

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