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Markets Polymer Materials

RAVAGO Takeover of two UK recyclers / Plans to further expand British ops	11.07.2022
BIESTERFELD German distributor reports jump in earnings / Optimism despite added market uncertainty	11.07.2022
CIRCULARIX JV to produce rPET in US / First of five plants to start operations by end of 2022 / Start-up to be more successful than CarbonLite?	11.07.2022
TRINSEO New Italian compounding line for PMMA	08.07.2022
BASF Feasibility study for large heat pump at German headquarters / Collaboration with MAN Energy Solutions	07.07.2022
GERMAN ECONOMY DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years	07.07.2022
VERSALIS Plans for mechanical reclaim of PS, PE in Porto Marghera, Italy / License acquired from Forever Plast	07.07.2022
PTT GLOBAL CHEMICAL Plastics recycling facility in Ohio / Products from rPE and rPET	07.07.2022
PETROCHEMICAL MARKETS Styrene: Covestro declares force majeure after plant failure in the Netherlands / Propylene oxide also affected	06.07.2022
INTERVIEW “A 100% circular economy is feasible” – PIE spoke with Covestro board member Sucheta Govil about what she calls the “journey” / Plastics recycling, green energy remain important topics	06.07.2022
EURASIACORP Belgian distributor to buy local recycler Matco Plastics / Move boosts portfolio of regranulates	06.07.2022
NOVAMONT Delay, reduction of short-time work at Italian site	05.07.2022
ALBIS Distribution of additional styrenics from Ineos Styrolution	05.07.2022
AVANTIUM Offtake agreement with Carlsberg / Further step in commercialisation of PEF / Fibre beer bottle to be trialled at European summer festivals	04.07.2022
LYONDELLBASELL Deals with US renewable energy suppliers / CO2 emissions to be cut some 225,000 t/y	04.07.2022
DSM Polyamide resin up to 100% bio-based	04.07.2022
UPDATE - PETROCHEMICAL MARKETS C2, C3, PE: Borealis reports cracker shutdown in Sweden / Throttling of local PE lines	01.07.2022
RAW MATERIALS Ifo Institute: Shortages in German plastics industry continue to ease / Bottlenecks expected until spring 2023	01.07.2022
BOREALIS OMV refinery in Austria to be down longer than expected / Crackers, polyolefin plants probably more severely affected	30.06.2022
OCCIDENTAL PETROLEUM US PVC subsidiary OxyVinyls plans conversion, expansion / Over EUR 1 bn investment in Texas	29.06.2022
REPSOL EUR 4.5 mn investment boosts Spanish GFR PP output / News follows plans to build domestic plants for UHMW-PE, PEX	29.06.2022
ENERGY COSTS Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI	28.06.2022
NESTE Purchase of European rights for Alterra Energy liquefaction technology / Creation of Dutch chemical recycling JV with Ravago	28.06.2022
UNITECHEM Expansion of plastic additives capacity in China / Plans to boost customer support in Europe / More products due for commercialisation	28.06.2022
GERMAN ECONOMY Business confidence still falling / Ifo Institute says “chemical industry is thoroughly alarmed” / BASF mulls options for production at headquarters site	27.06.2022

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