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Markets Polymer Materials Petrochemicals

STYRENE Infringement of cartel ban: EU competition regulators impose million-euro fines	29.11.2022
MANUFACTURING Economic indicators in Europe show surprise gains / Recession still coming, analysts warn	28.11.2022
BOREALIS Solar power to feed Schwechat site / Partnership with Verbund	28.11.2022
COVESTRO Production begins at Thai isocyanate plant / Output supports elastomer manufacturing	28.11.2022
LYONDELLBASELL Decision on 400,000 t/y propylene project to be made in late 2023	25.11.2022
BASF CEO Brudermüller on cost-cutting plans: any talk of massive cutbacks is “absolute nonsense” / But there will also be “some adjustments” in production	24.11.2022
CHEVRON PHILLIPS JV with Qatar Energy finalises plans for Texas complex / Ethane cracker and two PE plants due to start up in 2026	23.11.2022
RUSSIA Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production	21.11.2022
PLASTICS AND ENVIRONMENT NGOs raise concerns on EU's revision to waste legislation / Circularity rate of 8.6% “dangerous for Europe's future”	21.11.2022
SHELL Mammoth cracker starts up in US / Annual PE output of 1.6 mn t / Project remains divisive	21.11.2022
PLASTICS AND ENERGY Germany completes first marine LNG terminal / Questions about speed of build up	18.11.2022
PLASTICS AND CLIMATE Net-zero plans not enough to keep global warming at 1.5C / Faster decarbonisation action, focus on cutting consumption priority – ZWE report	18.11.2022
ENERGY COSTS Natural gas prices down sharply in October / Crude edges higher	16.11.2022
ADNOC Plans for UAE petchem complex now include cracker, polyolefin plants	16.11.2022
GERMAN ECONOMY Business outlook worst on record – survey / Over 20% of plastics and rubber firms expect production cuts / Experts forecast recession in 2023	10.11.2022
WASTE INCINERATION Energy from incinerated waste not the answer to EU's gas crisis / ZWE report	07.11.2022
INEOS OLEFINS Technip to outfit Belgian ethane cracker / Project One now due for 2026 start / “First of its kind in Europe”	03.11.2022
BASF Q3 EBIT slips but still “solid” / Energy costs bite / Plastics suffer / China operations in ascent	02.11.2022
EUROPEAN PROCESSORS Energy surcharges from resin makers said to endanger shops / Return of fees “regrettable” / Polymer suppliers complain about effects of price pressures	01.11.2022
EUROPEAN ECONOMY Stagflation continues / Recession looms / Analysts warn of German slowdown	01.11.2022
REACH Commission delays chemicals regulation revision / Industry sees itself overburdened / EU member states and NGOs disappointed / Green deal in danger?	28.10.2022
CHINA Massive VCM capacity expansions coming online up to 2025	24.10.2022
PETROCHEMICAL MARKETS Polyamide 6: Domo production of resin, caprolactam back to normal at German site / Output tied to market demand / Indian compounding announced at K 2022	21.10.2022
ENERGY COSTS Natural gas prices ease / Decline in crude demand continues / Industrial raw materials prices lower	20.10.2022
EGYPT Gas price reduction for sections of petrochemicals industry / Compensatory measure for weak national currency	19.10.2022

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