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Markets Other Economic Trend

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
COVESTRO Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment	08.11.2022
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
BELARUS Ukraine war slams refining industry / Uncertainty for major resin plants / Information blackout since February	31.10.2022
PLASTICS PACKAGING Trade bodies urge caution on recycled content targets under EU directive / Raw material costs stabilise in Q3 / Outlook remains uncertain	28.10.2022
K 2022 World's top trade fair for plastics winds down / Organiser says show met “highest expectations” / 176,000 industry visitors from 157 nations / 2025 dates announced	27.10.2022
K 2022 “If Putin destroys our economy, he will topple our democracy”: Germany's Economics Minister Habeck and Covestro boss Steilemann at “high-level reception” of Kunststoffland NRW	21.10.2022
PVC INDUSTRY Converters hard hit by high prices, supply chain problems / Sector worst affected by forces majeures / Ccurrent utilisation rates in Europe only at about 76%	20.10.2022
SABIC K 2022: Global market to be “very challenging” in early 2023 / Circular BOPP wrapper with Mars Wrigley	19.10.2022
K 2022 70 years of K / Energy crisis, circular economy and climate protection leading topics / More than 3,000 exhibitors from 60 countries / German firms to cover over one-third of floor space	19.10.2022
AUTOMOTIVE INDUSTRY European automakers want government support for recovery, shift to zero emissions / Chip issues cost industry billions / 2022 registrations forecast 26% below 2019	14.10.2022
RUSSIA EU sanctions on feedstocks, resins slash Russian production / Industry source says half of methanol capacity offline / Logistics issues, discounts slow exports to Asia	13.10.2022
POLAND Plastics industry: Post-pandemic investment activity rebounds / Energy crunch sparks pessimism / Recycling sector on brink of collapse	10.10.2022
PETROCHEMICALS EPCA Conference 2022: Serious faces at annual meeting of plastics producers in Berlin	06.10.2022
POLYURETHANE FOAM TDI shortage hits flexible foam supply / Impact felt at European furniture, mattress firms / Historic high prices likely	30.09.2022
CHEMICAL INDUSTRY GERMANY Gloomy prospects / Recession fears cut demand / Threat of production cutbacks	30.09.2022
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
POLYURETHANE FOAM Downturn in European flexible foam demand continues / TDI supply expected to improve / Mattress recycling making progress	26.09.2022
EUROPEAN RECYCLING Trade group: costly energy threatens viability of recyclers / Government help needed to stop shutdowns / Transition to circular economy at risk	23.09.2022
PETROCHEMICALS Trade and market disruptions worsen / Increase in PE, PP capacities / Ongoing investment in chemical recycling and decarbonisation projects	22.09.2022
EDITORIAL The pivotal quarter ahead	22.09.2022
EUROPEAN PROCESSING EuPC says rising prices could stop production / Supply of packaged goods at risk / Convertors need help now, MD warns	21.09.2022
PLASTICS PACKAGING German packaging association discusses EU plans for minimum recyclate content	20.09.2022

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