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Markets Polymer Materials

VERSALIS Conflict over ‘maintenance' at Sicilian swing line / Plant to be shuttered? / Unions plan to put up a fight	03.10.2024
EUROPEAN POLITICS New EU commissioners named for five-year mandate / Anticipation over merging of green and industrial deals	03.10.2024
NOVAPET Forward integration: acquisition of packaging producer Envases Soplados	03.10.2024
VIONEO Subsidiary of Danish A.P. Møller plans polyolefin production in Antwerp / Methanol as feedstock material	03.10.2024
COVESTRO Adnoc submits takeover bid; German giant valued at EUR 11.7 bn / “Financially strong and long-term oriented partner” – CEO Steilemann	01.10.2024
GERMAN CHEMICAL INDUSTRY VCI reports continued slump in sector / No recovery in demand expected for winter months	01.10.2024
BUTADIENE NEW at PIE: Spot and contract price reports for the precursor / Supply situation in Europe remains tight; prices likely to remain high / Numerous expansions planned in Asia	27.09.2024
CORRECTION - VINNOLIT Force majeure on PVC from Germany lifted	26.09.2024
PETROINEOS Grangemouth refinery to shut in Q2 2025 / Massive losses / Other petchem operations on-site unaffected	26.09.2024
IREN New sorting plant installed in Italy	26.09.2024
EUROPEAN ECONOMY Business confidence in Germany slumps again / Mood sours among domestic processors / German economy to shrink this year? / Euro area growth in danger	25.09.2024
BIESTERFELD German distributor opens sales office in Latvia	25.09.2024
PLASTICS INDUSTRY GERMANY Association reports recovery at low level / Production rises moderately / Order books continue to empty	24.09.2024
SUMITOMO CHEMICAL PMMA capacity to be reduced significantly / Sale of subsidiary Bakelite	24.09.2024
RUSSIA Tomskneftekhim to invest EUR 145 mn in PE, PP capacity expansion / Lack of Western technologies a pressing issue for Russian firms – opinion poll	24.09.2024
BOREALIS Supply of chemically recycled PE for water pipes in Vienna	24.09.2024
SAUDI ARAMCO Energy-security deals inked with Chinese firms / Acquisitions weighed	23.09.2024
TOTALENERGIES Cancellation of Europe-wide force majeure on polypropylene deliveries	20.09.2024
EPS RECYCLING EPSolutely pilot project gathers insulation board trimmings in Austria / QR codes on collection bags help boost reclaim	19.09.2024
ORLEN LOI signed for JV with competitor Azoty / Plans for PP, PA 6, port infrastructure	18.09.2024
EUROPEAN CHEMICAL INDUSTRY Output rises in H1 2024 / Demand, run rates remain depressed / Many downstream industries still in decline / Uncertain outlook persists	18.09.2024
PLASTIC PACKAGING GERMANY Sales under pressure / Slump in demand takes toll / Further job cuts expected – IK business survey	18.09.2024
COVESTRO Chemicals group to build TPU development centre in China	18.09.2024
GR3N Swiss tech firm teams up with Schneider Electric to develop system for PET recycling	18.09.2024
RUSSIA Several industries face turbulence over isocyanate shortage / Trade with China sustains growing sanction pressure	17.09.2024

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