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Markets Polymer Materials Petrochemicals

PETROCHEMICALS EPCA Conference 2022: Serious faces at annual meeting of plastics producers in Berlin	06.10.2022
ENERGY Germany signs Middle East LNG supply deals / First UAE cargoes to be landed by end 2023 / How to replace Russian gas imports?	03.10.2022
CHEMICAL INDUSTRY GERMANY Gloomy prospects / Recession fears cut demand / Threat of production cutbacks	30.09.2022
TOTALENERGIES Strike at eight French sites / Petchems, polymers partially affected	28.09.2022
ROSNEFT Seized German refineries brace for transformation / Russian response could hit crude supplies to PCK Schwedt, Leuna	28.09.2022
GERMAN ECONOMY Ifo says business confidence worst since May 2020 / Country “slipping into recession” / OECD slashes growth forecasts for Germany, euro area	27.09.2022
ENERGY COSTS Natural gas price skyrockets / Crude demand falls / Commodity prices up more than 10% in a month	22.09.2022
PETROCHEMICALS Trade and market disruptions worsen / Increase in PE, PP capacities / Ongoing investment in chemical recycling and decarbonisation projects	22.09.2022
FORMOSA District Court in Louisiana cancels environmental permits for Sunshine Project / Major petchem site under intense pressure	22.09.2022
LANXESS Scope 3 climate neutrality by 2050 / Higher earnings expected this year	21.09.2022
PLASTICS PACKAGING German packaging association discusses EU plans for minimum recyclate content	20.09.2022
WORLD ECONOMY IfW Kiel slashes growth expectations / Eurozone moves toward recession / Germany faces “lean years”	16.09.2022
BIOPLASTICS Peer-reviewed study shows low CO2 footprint for bio-based PEF versus PET	15.09.2022
PETROCHEMICAL MARKETS Polyamide 6.6: Radici declares force majeure for resin, adipic acid	14.09.2022
BASF Production, procurement deal for pyrolysis oil from Arcus / First commercial chemical reclaim plant in Germany	14.09.2022
ENERGY The worst is yet to come: French, German plastic packaging groups warn of impact from soaring prices / Survival at risk for 60% of UK manufacturers	12.09.2022
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

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