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Markets Polymer Materials Petrochemicals

ENERGY New UK Prime Minister offers support for energy costs / Move to help households, businesses	12.09.2022
POLYOLEFINS Resin producers want to retain part of decreased raw materials costs / LyondellBasell plans “fair” energy surcharge to slow down polymer price drop / More reports of shutdowns	08.09.2022
SINOPEC Net profit jumps in H1 / Discounted Russian crude bolsters operations / Ethylene output to increase / Contractor pulls out of Amur facility	07.09.2022
US TAX LAW “Superfund” environmental tax returns / Many plastics, intermediates affected / Levy unlikely to impact European market	07.09.2022
PETROCHEMICAL MARKETS Polynt probably shuts down some Italian facilities for the production of intermediates	05.09.2022
BASF First electric steam cracker to be connected to grid in 2023 / Demonstration plant with partners Sabic, Linde / German government grants of almost EUR 15 mn	05.09.2022
INEOS Acquisition of Mitsui phenol unit boosts production by 1 mn t/y / Entry into Asian market / BPA now part of portfolio	31.08.2022
UPDATE - PETROCHEMICAL MARKETS PVC: Vynova throttles European plants	31.08.2022
RAW MATERIALS German shortages ease in August / Plastics, rubber shops report better-than-average sourcing	31.08.2022
AVANTIUM Offtake agreements with luxury group LVMH and AmBev brewery for purchase of PEF / H1 income loss widens	31.08.2022
BASF German chemical giant to work with Sulzer on sustainable technologies / Duo to focus on chemical recycling of mixed plastics	29.08.2022
GERMAN ECONOMY Expectations at plastics and rubber firms lowest since Q3 2020 / Chemical companies report worst environment in over three decades / Ifo survey	26.08.2022
PETROCHEMICAL MARKETS Polyamide 6: Domo Chemicals declares force majeure on the polymer and precursor caprolactam	25.08.2022
PETROCHEMICAL MARKETS Polyamide 6: Poland's Grupa Azoty temporarily suspends polymerisation, production of precursor caprolactam	24.08.2022
UPDATE - BOREALIS Resin maker scraps contracts to build Belgian propane dehydrogenation plant / Retender process underway / Move likely to delay completion	24.08.2022
VTT Finnish centre to create stand-alone firm for chemical recycling tech / Plans for industrial-scale plant by 2026	23.08.2022
PETROCHEMICAL MARKETS TDI: Possibly none of European plants in operation / BASF material on allocation	19.08.2022
ENERGY COSTS Subdued expectations reflected in falling crude prices / July report from German economic institute HWWI	18.08.2022
PETROCHEMICAL MARKETS TDI: Covestro declares force majeure for production in Dormagen, Germany	15.08.2022
BASF Virtual power agreements for US sites / Renewable solar, wind energy / Steps toward 2050 net zero target	11.08.2022
CHEMICAL INDUSTRY GERMANY Ifo Institute: Russian gas issues shatter sector confidence / Worst outlook in nearly 14 years	10.08.2022
SLOVNAFT Slovakian petchem firm completes ambitious revamp / PP expansion to go onstream in 2024	10.08.2022
WORLD ECONOMY IfW Kiel: Global trade down in July / Ukraine grain transport difficult	09.08.2022
BOREALIS Construction of Belgian PDH plant on indefinite hold / Media reports say human trafficking probe focuses on workers at site	08.08.2022
OMV Q2 sales, profit soar on gas prices / Plastics margins back to normal / Lower sales volumes expected for PE, PP / Schwechat refinery to be onstream by October	05.08.2022

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