Companies Polymers General

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

Supplier greenlights German chemical reclaim plant / UK distribution centre opens

Chemicals' Q3 operating results weaker on stubbornly weak demand in Europe

Refining and chemicals' operating income plummets 31% to September / Q3 sales shrink

Does Adnoc's potential takeover of Covestro mark the beginning of an M&A boom? / PIE interviews M&A expert, Carlos Robles y Zepf

South Korean firm establishes tech centre in Germany

Norway‘s Norner accredited as certification body / In-mould label technology certified as compatible with rigid PP recycling stream

Italian fair reopens after five years / Visitor, exhibitor attendance lower than before pandemic / Market players mostly pessimistic / Green Deal or ‘Green Death?'

Plans with Saudi Arabia for Ratnagiri refinery to be accelerated / Resistance from locals

Deal with Japanese firms set to produce PET with renewable feedstock

German shops report record low competitiveness outside EU – ifo survey

Quintet forms European reclaim project / Group to focus on chemical process / Scope covers waste collection to resin production

Japanese cracker to use feedstock made from plastic waste

Typhoon Doksuri slows deliveries / Several Chinese ports closed

Resin maker studies capture of emissions data / Blockchain to play role in research

Court halts construction of Project One cracker / Move blamed on lack of environmental assessments / The beginning of the end?

French group exits Lavera JV / UK giant grabs share in Naphthachimie's cracker, polymer plants

Acquisition of Italian PP compounder Rialti / Deal adds 50,000 t/y to recyclate-based PP capacity