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Markets Polymer Materials

USA Winter onset imminent: Several facilities shut as a precautionary measure	22.12.2022
TURKEY Credit crisis deepens as inflation shows record high / Plastic products sector to show growth in 2022	22.12.2022
BOREALIS Second renewable energy deal with Verbund / Hydropower for Schwechat / “Significant step” toward emissions target	22.12.2022
CHEMICAL INDUSTRY GERMANY Gas shortage takes its toll / Producers caught between rising prices, sinking profits / Firms look longingly to US	21.12.2022
FREEPOINT ECO-SYSTEMS US chemical recycling plant to process 90,000 t/y / Shell signs deal for entire output	21.12.2022
SINGLE-USE PLASTICS UK environmental group demands ban on compostable, biodegradable throwaway products	21.12.2022
TRINSEO Changes in Germany: styrene production to end, cut in PC capacity	20.12.2022
GERMAN ECONOMY A sense of hope: Mood among business managers improves / View of present environment rebounds	20.12.2022
KAZAKHSTAN Chevron Phillips to provide tech for KazMunayGaz PE plant / Plans for 1.25 mn t/y with HDPE / Concerns over possible sanctions against Sibur	20.12.2022
SAUDI ARAMCO Expansion of petchem complex for Saudi Satorp refinery / Extended partnership with TotalEnergies	20.12.2022
EVONIK CEO Kullmann seeks cost savings of EUR 250 mn in 2023 / Jobs said to be safe	19.12.2022
PETROCHEMICAL MARKETS Polyolefins: Fire at Versalis' cracker in France / Downstream plants shut down	15.12.2022
POLYKEMI Start-up of second Chinese plant / US compounding delayed	15.12.2022
SUPPLY CHAINS German chemical, plastics companies turn to Europe / Links with China due for shift – DZ Bank survey	14.12.2022
EXXONMOBIL Startup of 450,000 t/y PP plant on US Gulf Coast / Additional supply meets weak market demand	13.12.2022
INEOS Fourth Chinese JV with Sinopec / 1.2 mn t/y cracker due onstream in late 2023 / Deal includes ABS, HDPE plants	13.12.2022
CIRCULARISE Successful test run of blockchain-enabled system for ISCC Plus certification / Material traceability key aspect / Asahi Kasei invests in start-up	12.12.2022
GERMAN ECONOMY Supply bottlenecks cost industry almost EUR 64 bn in added value, up to mid-2022 / Automotive industry particularly hard hit	09.12.2022
PKN ORLEN Investments finalised with Saudi Aramco / Plans for world-scale cracker in Poland / Aramco to supply 45% of the Polish group's crude oil requirements	08.12.2022
CIRCULAR ECONOMY New EU requirements for recycled plastics with food contact	08.12.2022
PETROCHEMICAL MARKETS PC, MDI: Covestro declares force majeure following outage in Uerdingen, Germany	07.12.2022
LUKOIL Italy puts refinery in Sicily under trusteeship / Sufficient supply of non-Russian crude to keep the refinery going for “several months”	07.12.2022
AZELIS Acquisition of New Zealand's Chemiplas Agencies / Growth in Asia-Pacific, Australasia	07.12.2022
RUSSIA EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market	06.12.2022
HONEYWELL First chemical recycling facility in Egypt / Agreement signed with Environ Adapt	06.12.2022

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