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Markets Polymer Materials Petrochemicals

BRASKEM Cooperation with Finland's Coolbrook to assess electric olefin cracker technology / Pilot project planned	22.02.2023
INEOS OLEFINS EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026	20.02.2023
GERMAN ECONOMY Business development better than expected / Official warns against celebrations / Low willingness to invest spurs concerns – DIHK study	15.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
GERMAN PACKAGING MARKET Trade group survey sees end of downward sales trend / Earnings projections remain negative	13.02.2023
TURKEY Death toll rising by the hour / PTA shipments from Asia affected by the earthquakes / Port of Iskenderun out of service / Köksan's PET production suspended	08.02.2023
ENERGY COSTS Natural gas prices fall sharply in January / Oil edges higher	08.02.2023
PERSTORP Company touts “critical” step toward carbon neutrality / EU Innovation Fund Awards EUR 97 mn to Project Air	06.02.2023
GERMAN LABOUR MARKET Plastics industry particularly hard hit by staff shortages – DIHK survey	30.01.2023
COVESTRO / LANXESS Chempark neighbours share sustainability resources / Cooperation to curb CO2 output / ISCC-PLUS certification	27.01.2023
UPDATE - USA Texas in the grip of tornadoes / Power outages paralyse petrochemical industry / Europe's supply possibly not affected	26.01.2023
EUROPEAN ECONOMY The recession that never was? / German business confidence continues higher / Economic indicators suggest growth fears overblown	26.01.2023
UK Cuts coming for energy cost subsidies / Chemical industry warns of continued cost pressure	25.01.2023
ENERGY PRICES Gas prices push higher / Crude oil demand still weak	24.01.2023
TOTALENERGIES French energy group books regasification capacity at new Lubmin LNG terminal / Output for customers in eastern Germany	23.01.2023
PETROCHEMICAL MARKETS Paraxylene: Still no contract agreement / Double contract for December and January likely	20.01.2023
BASF Groundbreaking for MDI production expansion at US site	17.01.2023
LANXESS Pact with TotalEnergies to draw circular styrene for ion exchange resins / Mass balance approach	17.01.2023
OMV Austrian petchem group accelerates realignment	16.01.2023
QATAR QatarEnergy, Chevron Phillips award contracts for giant Qatari cracker / Partners raise target capacity	13.01.2023
LUKOIL Italian refinery sold to Cyprus-based GOI / New owner connected to Israeli producer Carmel Olefins	12.01.2023
EUROPEAN ENERGY POLICY EU plans overhaul of emissions trading scheme / Officials approve natural gas price cap	10.01.2023
USA Petchem plants restart after cold spell / Damage less severe than in 2021	10.01.2023
RUSSIA Petchem industry braces for tough times / Lack of European tech pressures ops / Shortages for some resins	09.01.2023
OMAN Sabic, OQ, Kuwait Petroleum mull cracker project	09.01.2023

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