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Markets Polymer Materials

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
GERMAN ECONOMY Business outlook worst on record – survey / Over 20% of plastics and rubber firms expect production cuts / Experts forecast recession in 2023	10.11.2022
SOLVAY Expansion of PVDF fluoropolymer with Mexico's Orbia / Global race against Arkema	10.11.2022
NOVA CHEMICALS Tricon Energy to serve as European distributor	10.11.2022
PLASTICS AND ENVIRONMENT UK: Recoup first 'supporter' of BPF's Ocean Clean Sweep scheme / Over 140 members sign up against pellet loss	09.11.2022
ASCEND Acquisition of stake in US carpet recycler / Move secures raw materials for rPA 6.6	09.11.2022
MERAXIS / CLICKPLASTICS Cooperation in digital sales / Focus initially on Austria and other selected markets	09.11.2022
COVESTRO Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment	08.11.2022
AVIENT Earnings hit hard with some losses / Distribution division renamed Formerra following sale	08.11.2022
PAL PLAST German compounder confirms expansion plans	08.11.2022
WASTE INCINERATION Energy from incinerated waste not the answer to EU's gas crisis / ZWE report	07.11.2022
LIFOCOLOR Plant-based masterbatches for biopolymers / Overall company capacity at 10,000 t/y	07.11.2022
INEOS Letter of intent for German pyrolysis plant for plastics waste / Tests with partner Plastic Energy complete	04.11.2022
DUPONT Takeover of Rogers fails / Chinese hurdles end USD 5.2 bn bid	04.11.2022
CELANESE Takeover of DuPont core plastics ops complete / Limited restructuring likely / CEO hails company as new leader in engineering plastics	03.11.2022
WANHUA Large production plant for polyamide 12 goes on stream in China	03.11.2022

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