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Markets Polymer Materials

EUROPEAN CHEMICAL INDUSTRY Industry ends 2023 on “a weak note” / Production, exports, imports down compared with 2022 / Uptick in investor confidence	08.03.2024
NATURAL GAS Qatar plans expansion despite pricing woes / Europe may need LNG for 50 more years / US pause in export terminal approvals challenged	08.03.2024
PETROCHEMICAL MARKETS Polypropylene: Repsol declares force majeure	06.03.2024
INDIA Further massive expansion with oil, gas, petrochemicals / Change of strategy now to smaller decentralised projects / New plastics powerhouse behind China and US gains in stature	06.03.2024
PLASTICS AND ENVIRONMENT Follow-up: Environmental associations go to court over Ineos Project One / “Destructive and completely unnecessary”	06.03.2024
BASF Launch of ChemCycling process in US / Chemically recycled products to be manufactured in Texas	06.03.2024
PETROCHEMICAL MARKETS Intermediates: OQ Chemicals declares force majeure at German plant	05.03.2024
CELANESE Lights out for former DuPont compounding plant in Belgium / Financial results only boosted by acquisition	05.03.2024
RENEWABLE HYDROGEN EU pilot auction attracts 132 bids / Funding set to enable production of 8.8 mn t green hydrogen in ten years	04.03.2024
COVESTRO Plastics producer still in the red / Full-year revenues sink one-fifth as cost cuts partly arrest profit decline	01.03.2024
LIGNIN INDUSTRIES Bioplastics startup raises millions for expansion	01.03.2024
PVC MARKET Orbia's PVC plant expansions on hold / CEO Bharadwaj: “Weak period will last five to seven years” / PIE analyst confirms ongoing price declines in Europe	29.02.2024
GERMAN CHEMICALS INDUSTRY Business confidence stuck at low level – ifo / Thin backlog remains a problem	29.02.2024
SGL CARBON Carbon fibre division to be sold / Lack of funds for necessary investments	29.02.2024
INEOS Chairman's letter to EU leaders bemoans lack of competitiveness	29.02.2024
SUKANO Swiss compounder acquires Hungarian rival Kays	28.02.2024
SOURCE ONE PLASTICS Sorting plant in Germany goes into operation / Source material for LyondellBasell recycling	28.02.2024
RÖHM PMMA expansion in Germany put into operation	28.02.2024
EUROPEAN ECONOMY Morale in German plastics industry deteriorates – ifo / Manufacturers voice further concerns / Brighter outlook for services in Germany, Europe	27.02.2024
GRUPA AZOTY Major upheaval in management board / Donald Tusk's new Polish government drives change	27.02.2024
RUSSIA Two years of war: Rising prices for base polymers slow processor investments / Eastern turnaround in exports not up to expectations / Unrealistic plans for major petchem projects	26.02.2024
S-OIL Fire at South Korean refinery unit causes outages / Polypropylene production affected	23.02.2024
EUROPEAN INDUSTRIAL DEAL Antwerp industry summit proposes revised climate goals for EU / Brudermüller: “Urgent need to enhance Europe's competitiveness“ / Complement or counterweight to green agenda?	23.02.2024
FLEXIBLE PACKAGING Polyethylene film prices trend higher / Biaxial-oriented materials move sideways / Demand remains muted	22.02.2024
POLYAMIDE Hikes for PA 6.6 on the horizon / Imported goods significantly more expensive	21.02.2024

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