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Markets Polymer Materials

CHINA Economic growth limited by strict zero-Covid policy / Major Chinese cities aim to return to business as usual / Wood Mackenzie downgrades GDP forecast	31.05.2022
GLOBAL TRADE Worldwide commerce little changed in May / No “clear direction” / IfW Kiel report	31.05.2022
REPSOL More polymer polyol output planned for Spain / Focus on higher quality flexible foam applications	31.05.2022
PLASTICS INDUSTRY Flash poll on Russian gas situation: most firms in German-speaking Europe fear supply halt / Countermeasures include more stockpiling, customer communication / Polymer prices could rise even higher	30.05.2022
COVESTRO Spanish manufacturing begins for NDI prepolymers	30.05.2022
PETRONAS / SAUDI ARAMCO Malaysian Rapid refinery project to be commissioned – media reports / Move comes after fire delays project	30.05.2022
NATUREWORKS US biopolymer specialist collaborates with South Korean firm on high-performance PLA blends	30.05.2022
PVC MARKET Westlake Vinnolit lifts force majeure / Slight improvement in European supply situation / Supply disruption from Ukraine	27.05.2022
WAR AS A REASON FOR INVOKING FORCE MAJEURE Four questions for commercial law expert, Peter Coenen	27.05.2022
CIRCULAR ECONOMY Hans-Josef Endres, IKK Germany: “There is a lack of higher-quality recyclates and standards!” / VDMA interview	27.05.2022
POLYPROPYLENE EUROPE Sustainability to be key theme over next five years / Growth in recylate expected to be limited / AMI report	27.05.2022
SOLVAY Expansion of LFT high-performance compounds in Belgium / Range of epoxy resin prepregs also extended	27.05.2022
RUSSIA Price regulation seems to be having an effect / Sibur working on a substitute for import grades / Special focus on materials for packaging films and pipe extrusion / Western sanctions viewed as ‘sabotage'	26.05.2022
COVESTRO Collaboration with Stratasys on 3D printing filaments / Green hydrogen alliance	26.05.2022
PLASTICS INDUSTRY EUROPE PIE flash survey on Russian gas: Half of the firms fear supply stoppage / France, Germany expect greater impact / Higher polymer prices in emergency case / Stockpiling, search for new suppliers	25.05.2022
GERMAN ECONOMY Ifo says business confidence improves / No sign of recession / Export outlook for plastics industry weakens again	25.05.2022
MITSUBISHI CHEMICAL Added focus on POM production in China / Partnership with Japan's Polyplastics	25.05.2022
SOLVAY Q1 double-digit growth in all businesses / Outlook for 2022 upgraded	25.05.2022
BASF New antioxidant line added in Singapore / Output for Middle East and Asia-Pacific	25.05.2022
TOTALENERGIES Chemically reclaimed material to feed US resin production / Offtake agreement with New Hope Energy / European deal for supply of waste plastics from Belgian Vanheede	24.05.2022
WESTLAKE VINNOLIT New name for German PVC maker / Westlake standardises branding	23.05.2022
ENERGY COSTS Energy price shock provides catalyst for change / Potential for 10% margin improvements and 40% cut in CO2 footprint / McKinsey analysis	23.05.2022
CELANESE Record earnings in Q1 / Distribution changes for South Korean POM joint venture KEP	23.05.2022
TORAY Construction of French chemical reclaim plant for PET / Cooperation with Axens	20.05.2022
VALTRIS Ownership change for US speciality chemicals maker / H.I.G. sells to SK Capital	20.05.2022

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