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Markets Polymers Standard Thermoplastics

RUSSIA Slack local demand, weak exports cut resin output / Asian imports hit market / Investment slump heralds future problems	22.02.2023
ECI / REPSOL Two major EVA plants to be built in China / Facilities likely part of large-scale complex in Qinzhou	22.02.2023
PET RECYCLING FRANCE Loop Industries plans second French plant to chemically reclaim PET / Cooperation with Suez and SK / Huge market potential	22.02.2023
COVESTRO EUR 200 mn chlorine plant onstream in Spain / European MDI network strengthened / Energy saving by up to 25%	16.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
UKRAINE War lowers packaging production / Slowdown in local resin output not surprising / Highly dependent from raw material imports / New year brings new bans on plastic bags	09.02.2023
RUSVINYL Solvay preps sale of JV stake to partner Sibur / Output sold largely in Russia	09.02.2023
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
TURKEY Earthquakes kill over 2,000 people in Syrian border region / More casualties expected / Numerous polymer plants could be affected	06.02.2023
BRASKEM Plans to study bio-based PP production in the US	24.01.2023
EPS RECYCLING Collaboration aims to increase EPS/XPS recycling in France / Pilot project for sorting and processing EPS packaging waste in Germany	23.01.2023
PETROCHEMICAL MARKETS Paraxylene: Still no contract agreement / Double contract for December and January likely	20.01.2023
PKN ORLEN Takeover of LDPE ops from JV complete / Deal makes firm sole Polish producer of the resin	12.01.2023
RUSSIA Petchem industry braces for tough times / Lack of European tech pressures ops / Shortages for some resins	09.01.2023
CHEVRON PHILLIPS Technip Energies awarded Golden Triangle furnace contract / 2 mn t/y cracker in Texas	09.01.2023
PETROCHEMICAL MARKETS PET, PTA: Fire closes Indorama plants in Spain	03.01.2023
OMV Adnoc to take Mubadala's 25% stake in Austrian petchem firm / Move increases ownership in Borealis, Borouge	02.01.2023
PEARL Arab PU, PET producer plans to expand export business to Europe, Asia	23.12.2022
KAZAKHSTAN Chevron Phillips to provide tech for KazMunayGaz PE plant / Plans for 1.25 mn t/y with HDPE / Concerns over possible sanctions against Sibur	20.12.2022
PETROCHEMICAL MARKETS Polyolefins: Fire at Versalis' cracker in France / Downstream plants shut down	15.12.2022
EXXONMOBIL Startup of 450,000 t/y PP plant on US Gulf Coast / Additional supply meets weak market demand	13.12.2022
RUSSIA EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market	06.12.2022
INEOS STYROLUTION Deal with South Korean SK picglobal for the supply of mass-balance styrene	30.11.2022
KAZAKHSTAN KazMunayGaz starts up 500,000 t/y PP complex / Construction of cracker, butadiene plant / PE production planned	23.11.2022
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

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