Companies Polymers General

Best Polymer Producers Awards 2023: European processors select top suppliers in eight polymer categories / Vinnolit scores in decarbonisation

Waiting for the rain: Water shortage affects more and more plastics plants / Three forces majeures so far / European PVC prices could firm

Acquisition of Dow's film adhesives division

Q1 earnings fall but beat market consensus / Muted recovery but no fundamental turnaround yet, outgoing CEO says

Acquisition of Italian compounder Tecnofilm completed / Deal to expand business in elastomer-based compounding sector

EUR 4.5 mn to be invested in Porvoo cracker / Modifications to three furnaces to use circular feedstocks

Acquisition of Lavera plants from TotalEnergies finalised

Avient spin-off expands distribution activities in Mexico

Voting begins for Best Polymer Producers Awards / Decarbonisation as overarching category

Costs cut by another EUR 1 bn / Further job cuts planned at Ludwigshafen / 2023 profitability of plastics-relevant segments shrinks

Two years of war: Rising prices for base polymers slow processor investments / Eastern turnaround in exports not up to expectations / Unrealistic plans for major petchem projects

Lawsuit against activist investors draws flak from sustainability circles / Energy giant also takes aim at regulator SEC

Rising concerns about surcharges due to Red Sea crisis / Importers lose price leadership

US court reinstates air quality permit for Sunshine Project / Path to realisation remains long

Investment group to help advance Canadian rPET tech in Europe / Funding to reach EUR 60 mn

Ineos declares force majeure for PP from US plant in Texas – report

Lawsuit seeks to block shareholder vote on emissions targets / Decision to bypass SEC could provide stark precedent

Worse-than-expected fall in 2023 profits on write-downs and weaker sales / Impairments on energy unit Wintershall Dea hit net income

Two Belgian sites achieve zero pellet loss certification

Onset of winter cripples plants in Texas, Louisiana / Exports to Europe only affected to a small extent

Firms seek to decarbonise ethylene glycol process / Saudi government joins carbon capture and storage thinktank

Better results likely in 2024 / Demand to remain soft / Firms send mixed messages

The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties

Acquisition of Irish construction supplier Arc Building Products

New BASF-commissioned studies confirm recyclability of PA-containing waste / Results can inform European Design for Recycling