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Markets Polymer Materials Petrochemicals

GERMAN CHEMICAL INDUSTRY Slight increase in polymer production – VCI half-year results / “Silver lining, but still no stable upward trend”	11.07.2024
PLASTIC PACKAGING GERMANY Slight improvement in overall situation / Drop in revenues expected – IK economic survey	09.07.2024
BASF Purchase agreement with Encina to secure supply of recycled benzene / No plant in sight yet	08.07.2024
EUROPEAN CHEMICAL INDUSTRY First signs of recovery apparent, but to be taken with a grain of salt – Cefic	03.07.2024
TIANJIN BOHAI Explosion at Chinese port city injures seven / PVC supply could be affected	27.06.2024
EUROPEAN ECONOMY Indicators tumble to suggest German stumble / Eurozone PMIs also decline / Ifo raises German growth outlook	25.06.2024
IRAN US imposes fresh sanctions on petrochemical exports / Capacity-expansion plans move along despite external pressure	25.06.2024
BUTADIENE China to lead world's capacity additions / India another key contributor / Price pressure on the European market continues	24.06.2024
CYCLYX First circularity centre in Houston already a third more expensive before completion	21.06.2024
PLASTIC PACKAGING German packaging and film makers expect higher sales on rising raw material costs / Earnings situation remains poor	19.06.2024
INEOS STYROLUTION Styrene production at Canadian unit faces closure / Complaints about damage to health	13.06.2024
SAUDI ARAMCO Secondary public offering nets USD 11.2 bn / Foreign investors courted / Sabic integration adds mass	11.06.2024
COVESTRO Financial stake in plastics-waste-to-aromatics project / Demo plant to start up in the Netherlands in 2027	10.06.2024
UPDATE - EXXONMOBIL Strike cripples entire petrochemicals production at French site in Port Jérôme	05.06.2024
PACKAGING GERMANY Planned plastics tax favours paper composites – GVM study	04.06.2024
GERMAN CHEMICAL INDUSTRY Production and sales up in Q1 / “Only a positive momentary snapshot” – VCI report	31.05.2024
UPDATE - HONEYWELL Naphtha-to-ethylene-and-propane process claims to boost energy efficiency / Improved processing beneficial for European crackers	30.05.2024
MEXICO Waiting for the rain: Water shortage affects more and more plastics plants / Three forces majeures so far / European PVC prices could firm	28.05.2024
EUROPEAN ECONOMY Mood among German firms unchanged / Plastics companies more pessimistic / Eurozone recovers for third month running	28.05.2024
NOVA CHEMICALS Fourth PE line at Canadian site / Mechanical recycling makes headway	24.05.2024
UPDATE - PETROCHEMICAL MARKETS MDI: Dow declares force majeure on facilities in Freeport, Texas	23.05.2024
BORSODCHEM MDI: Force majeure lifted at HQ site in Hungary	23.05.2024
KAZAKHSTAN First 30,000 t of PP exported to EU in 2023 / Sibur's involvement arguably bears no sanctions risks / Sinopec joins Silleno PE plant project	16.05.2024
SUSTAINABILITY Four EU member states call for sustainable carbon policy package / Proposals aim to strengthen uptake of green feedstocks and boost European competitiveness internationally	15.05.2024
SHELL Petchem group sells Singapore operations to Indonesia's Chandra Asri, Glencore	10.05.2024

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