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Markets Polymer Materials

FLEXIBLE PACKAGING Material prices fall up to 20% in Q3 – trade group / Some stability possible in Q4	06.11.2023
PET EU proposes punitive tariffs on Chinese imports	03.11.2023
CELANESE Polymerisation of PA 6.6 to be discontinued in Germany / Half the jobs to be eliminated	02.11.2023
EUROPEAN PLASTICS INDUSTRY Plastics Europe unveils latest plan to meet net zero goals / 42 mn t of total plastics to be made from circular feedstocks by 2050 / Trade group calls for harmonised rules to spur investment	02.11.2023
BASF 2023 sales, operating income seen at low end of guidance / Petchem producer steps up cost cutting measures	31.10.2023
NATURAL GAS Qatar inks new LNG supply deals with EU players / Fierce competition with US suppliers / China a major client	31.10.2023
SABIC Close-loop systems for food-contact packaging with Germany's Landbell	31.10.2023
ITALY Consolidation accelerates amid weak performance in plastics industry / Recyclate consumption eases as virgin prices hit rock bottom / Upturn unlikely before 2024	30.10.2023
EUROPEAN PLASTICS INDUSTRY Production, global market share decline in 2022 / World plastics output edges higher	27.10.2023
SYNPET Chemical recycling of plastics in Antwerp as of 2025 / Partnership with Swiss trading group Kolmar	27.10.2023
CEPSA Spanish oil group shutters line for PA feedstock cyclohexane	26.10.2023
ENERGY Global oil markets tense on Middle East conflict / Gas demand set to slow / Summit agrees objectives for COP28 / IEA report	26.10.2023
TOSOH New MDI splitter to serve Southeast Asia	26.10.2023
HYDROGEN Washington announces plans for USD 7 bn hydrogen network / Details include 7 regional hubs, few European partners / Social issues play role in contracting	25.10.2023
LYONDELLBASELL Firm takes stake in Dutch recycler De Paauw / Purchase serves as latest acquisition along the value chain	25.10.2023
MOCOM Wipag recycler integrated in Krahn compounding firm / Closure of two German plants to affect 100 employees	25.10.2023
MARINE LITTER Aimplas uses fishing waste for packaging applications / EU-funded project to recycle nets	24.10.2023
NATURAL GAS EU and Germany's demand forecast for steep fall / Shift to cleaner fuels and decarbonisation are key drivers / Current reserves sufficient – Deloitte-Öko-Institut report	23.10.2023
COVESTRO German TPU film capacity expands / Developments include partly bio-based products	23.10.2023
VERSALIS Novamont takeover complete	20.10.2023
BASF Second ethylene oxide plant on stream in Belgium	20.10.2023
COVESTRO Polycarbonate: First Chinese recyclate compounding plant on stream / Asian capacity undergoes major expansion	20.10.2023
CLARIANT Flame retardant plant inaugurated in China	19.10.2023
CABOPOL Compounder's first North American plant to open in December	19.10.2023
REPSOL Spanish firm develops rPP compound with Signode / Firms say material suitable for industrial straps	19.10.2023

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