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Markets Polymer Materials Petrochemicals

CHINA Huge expansion plans for PA 6.6 output / Self-sufficiency expected for key precursor ADN within next two years	08.06.2022
SK CHEMICALS Production start for starch-based polyols / Focus on bio-precursors, polymers	07.06.2022
TPC US company files for Chapter 11 bankruptcy / Butadiene supplier targets debt reduction	07.06.2022
CHEMICAL INDUSTRY GERMANY VCI sees dark clouds over the industry / “Nothing left of the anticipated upswing”	01.06.2022
BOROUGE Adnoc and Borealis announce IPO details / First listing in early June	01.06.2022
PLASTICS AND ENERGY Brussels unveils plans to end reliance on Russian gas / Initiative seeks to balance shift to renewables with energy needs / Industry on board	31.05.2022
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
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
WAR AS A REASON FOR INVOKING FORCE MAJEURE Four questions for commercial law expert, Peter Coenen	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
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
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
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
SAUDI ARAMCO Oil giant ousts Apple as largest company in world / Energy trumps tech	19.05.2022
GLOBAL TRADE Ukraine war cuts business confidence / Insolvencies to rise over 10% / Allianz Trade survey	17.05.2022
BRASKEM Collaboration with Lummus on green ethylene / Support for circular economy	16.05.2022
PETROCHEMICAL MARKETS VAM: Celanese declares force majeure for several acetic acid derivatives / Move impacts EVA, EVOH	12.05.2022
PIE FLASH SURVEY Last chance to participate in PIE poll on Russian gas	11.05.2022
GLOBAL TRADE IFW Kiel: World commerce steadies after war rattles markets / Container shipping congestion remains high	11.05.2022
BOREALIS Adnoc to take Mubadala's 25% stake in Austrian polymer producer / Move linked to possible Borouge IPO	11.05.2022
INEOS Green hydrogen projects take firmer shape / Funding from Enova to fuel electrolysis project in Norway	10.05.2022

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