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Markets Polymer Materials Petrochemicals

EUROPEAN ECONOMY Business confidence in Germany slumps again / Mood sours among domestic processors / German economy to shrink this year? / Euro area growth in danger	25.09.2024
SUMITOMO CHEMICAL PMMA capacity to be reduced significantly / Sale of subsidiary Bakelite	24.09.2024
SAUDI ARAMCO Energy-security deals inked with Chinese firms / Acquisitions weighed	23.09.2024
ORLEN LOI signed for JV with competitor Azoty / Plans for PP, PA 6, port infrastructure	18.09.2024
EUROPEAN CHEMICAL INDUSTRY Output rises in H1 2024 / Demand, run rates remain depressed / Many downstream industries still in decline / Uncertain outlook persists	18.09.2024
PLASTIC PACKAGING GERMANY Sales under pressure / Slump in demand takes toll / Further job cuts expected – IK business survey	18.09.2024
PETROCHEMICAL MARKETS Polyethylene, C2/C3: Fire at Versalis cracker in Italy / Impact on PE, PP unknown	16.09.2024
EU POLICY Chemicals and plastics producers hail Draghi report / EU should increase investments by EUR 800 bn “to fund radical and rapid reform”	16.09.2024
GERMAN CHEMICAL INDUSTRY Loss of recovery momentum in Q2 / Sales down despite higher production	12.09.2024
PETROCHEMICAL MARKETS Covestro, LYB to reportedly start up Dutch styrene plant in October / Weak styrene market expected in September	11.09.2024
PFAS US EPA extends reporting deadline for ‘forever chemicals' / Cites resource constraints as reason	10.09.2024
PLASTICS AND HEALTH USA Louisiana district court issues permanent injunction against civil rights evaluation for plant-permitting / End to EPA's environmental justice campaign in US ‘chemicals belt'	09.09.2024
ORLEN UNIPETROL Bomb detonated in controlled explosion in Czech Republic / Timeline on lifting of force majeure unclear	02.09.2024
BASF Closure of German plants for PA precursors planned / 180 employees affected	02.09.2024
SHINTECH Plans for second ethane cracker in US / Backward integration for PVC sought	30.08.2024
EUROPEAN ECONOMY Processor pessimism hits pandemic levels / German managers voice further concerns / Worries about Eurozone mount	27.08.2024
SHELL GreenDot supplies pyrolysis oil for processing in the Netherlands	27.08.2024
PETROCHEMICAL MARKETS PE, PP: Orlen Unipetrol declares forces majeures / Cracker also shut down	23.08.2024
PETROCHEMICAL MARKETS PE, PP: Bomb discovery paralyses Unipetrol refinery in Czech Republic	22.08.2024
INEOS Project One gets new lease on life / Environment decisions by Flemish authorities make realisation look irreversible	15.08.2024
SAUDI ARAMCO Share deal with Sumitomo would make Saudis Petro Rabigh's majority shareholder / JV seeks financial turnaround	14.08.2024
INDORAMA PET manufacturer to close plant in Canada / Competition from China increases pressure	12.08.2024
PETROCHEMICAL MARKETS PVC: Vinnolit declares force majeure in Germany	09.08.2024
STYRENE Spot market calmer after news of restart in Netherlands / Prices remain high / Increase for polymers	08.08.2024
SHELL Energy giant drops chemical recycling plans / Target of 1 mn t/y by 2025 “unfeasible”	05.08.2024

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