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Industry General

EUROZONE ECONOMY Record price growth as business activity slows / Costs to remain high / European Central Bank rate hike larger than forecast / Recession imminent?	25.07.2022
NATURAL GAS Nord Stream 1 back online / Flow level reduced / Cefic issues statement on European Commission's call for reduced natural gas use	21.07.2022
LOGISTICS Barely a palm width of water under keel has Rhine shippers concerned / A solution to port strikes in sight? / Container freight rates still plummeting	21.07.2022
NATURAL GAS European Commission proposes that member states slash gas use / Commission President von der Leyen says Russia “blackmailing” Europe	20.07.2022
RUSSIA No BMWs for Putin and his cronies / German exports to Russia fall again / Medication shipments increase / High energy prices create trade deficit	18.07.2022
ENERGY MARKETS Qatar finalises gas North Field Expansion contracts / Five energy majors participating / Total, Shell, Exxon with the largest stakes	15.07.2022
LOGISTICS Shipping companies demand “weight discrepancy fee” from customers / Chaos on American railways as well / Germany's Rhine to be hit hard by the heat	13.07.2022
NATURAL GAS Nord Stream 1 closed for maintenance / Concerns that Moscow will end gas shipments to Europe / Could UK cap gas deliveries to the EU? / Rationing this winter?	13.07.2022
CHEMICAL INDUSTRY GERMANY Storm brewing as firms struggle with "tsunami of rules" / VCI group sees "existential crisis" / Production to fall 4% this year / Gas rationing a concern	12.07.2022
LANXESS CEO Zachert warns of German deindustrialisation / JV with Advent for polyamides in e-mobility	12.07.2022
GKV Helen Fürst elected president of German processing association	11.07.2022
LOGISTICS World record: new super freighter carries 12,000 40-foot containers / Export downturn: Germany with first negative trade balance in decades	07.07.2022
BASF Feasibility study for large heat pump at German headquarters / Collaboration with MAN Energy Solutions	07.07.2022
GERMAN ECONOMY DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years	07.07.2022
RAW MATERIALS Ifo Institute: Shortages in German plastics industry continue to ease / Bottlenecks expected until spring 2023	01.07.2022
LOGISTICS Endless container chaos / Cancelled flights, port strikes further reduce transport capacity / Is the German holiday ban on lorries finally sending drivers around the bend?	30.06.2022
ENERGY COSTS Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI	28.06.2022
CHEMICAL RECYCLING Technology has a role in circular economy / Significant growth projected if current constraints are overcome / Better sorting infrastructure needed / McKinsey analysis	28.06.2022
GERMAN ECONOMY Business confidence still falling / Ifo Institute says “chemical industry is thoroughly alarmed” / BASF mulls options for production at headquarters site	27.06.2022
PLASTICS INDUSTRY GERMANY Stunning blow for GKV: assembly of delegates excludes TecPart from the association / Departing President Roth: “irreconcilable differences” / Election of new president failed	24.06.2022
LOGISTICS Cash windfall for shipping companies / Looming threat of strikes in logistics industry / Container freight rates remain varied	23.06.2022
RAW MATERIALS Decline in gas deliveries to Germany, France, Italy / Rome considers emergency measures	20.06.2022
LOGISTICS Lorry drivers' strikes in South Korea, dockworkers' walkout in Germany and new lockdowns in Shanghai / Is the freight sector evolving from a seller's to a buyer's market?	16.06.2022
PLASTICS AND FINANCE Consultant Brand Finance rates “most valuable” and “strongest” chemical brands / BASF, DuPont, Rongsheng, and Ineos in prominent positions	13.06.2022
FORCES MAJEURES +++ Update +++ Key questions concerning cases of force majeure / What plastics processors need to know / Updated PDF available for download – PIE Q&A	10.06.2022

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