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Markets Polymer Materials

BOREALIS Solar power to feed Schwechat site / Partnership with Verbund	28.11.2022
COVESTRO Production begins at Thai isocyanate plant / Output supports elastomer manufacturing	28.11.2022
POLYURETHANE MARKET Economic uncertainties dampen demand in EMEA and Americas / Production static in Europe in 2022 but up in Americas / IAL Consultants reports	25.11.2022
LYONDELLBASELL Decision on 400,000 t/y propylene project to be made in late 2023	25.11.2022
BASF CEO Brudermüller on cost-cutting plans: any talk of massive cutbacks is “absolute nonsense” / But there will also be “some adjustments” in production	24.11.2022
KAZAKHSTAN KazMunayGaz starts up 500,000 t/y PP complex / Construction of cracker, butadiene plant / PE production planned	23.11.2022
CHEVRON PHILLIPS JV with Qatar Energy finalises plans for Texas complex / Ethane cracker and two PE plants due to start up in 2026	23.11.2022
BENVIC Luxembourg's ICIG buys PVC compounder	23.11.2022
GERMAN ECONOMY SMEs must reorient themselves due to energy crisis / Four out of five companies in the chemical industry under massive pressure / DZ Bank survey	22.11.2022
EVONIK New European distributors for PA 12 powders, rubber additives	22.11.2022
GCR Spanish facility for finding applications with low eco impact / Investment of EUR 100 mn	22.11.2022
RUSSIA Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production	21.11.2022
PLASTICS AND ENVIRONMENT NGOs raise concerns on EU's revision to waste legislation / Circularity rate of 8.6% “dangerous for Europe's future”	21.11.2022
SHELL Mammoth cracker starts up in US / Annual PE output of 1.6 mn t / Project remains divisive	21.11.2022
PLASTICS AND ENERGY Germany completes first marine LNG terminal / Questions about speed of build up	18.11.2022
PLASTICS AND CLIMATE Net-zero plans not enough to keep global warming at 1.5C / Faster decarbonisation action, focus on cutting consumption priority – ZWE report	18.11.2022
EVONIK Q3 core profit drops 5% despite 26% sales growth / Plans for hundreds of millions in cost cuts	18.11.2022
HUNTSMAN Belt-tightening in Europe / Job cuts in high-wage countries / Retreat from markets in Asia and South America	17.11.2022
ENERGY COSTS Natural gas prices down sharply in October / Crude edges higher	16.11.2022
ADNOC Plans for UAE petchem complex now include cracker, polyolefin plants	16.11.2022
POLYPROPYLENE China's Heilongjiang Zhongfei plans capacity of 600,000 t/y / PDH unit to drive imports of Russian C3	14.11.2022
INGENIA / IKA Companies to form US joint venture for PVC additives / Houston-based firm targets North America	14.11.2022
COVESTRO Plans for “green” logistics pilot scheme in China / Move targets reductions in Scope 3 emissions	11.11.2022
BIOPLASTICS Study casts doubt over home-compostable plastics packaging / Researchers question “effective or environmentally beneficial” waste processing method	11.11.2022
CORRECTION - POLYPROPYLENE China to become a net exporter in two to three years / Borealis to not build plant in Belgium	10.11.2022

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