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Middle East Conflict
Latest news and market reports on the impact on the plastics industry.
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Market news, regions and countries
INDIA
Ban on SUP straws to disrupt sales of small beverage packs / Soft drink makers expected to be badly hit / Paper industry set to offer alternatives
14.07.2022
RECYCLING USA
US Plastics Pact oversight group creates PET reclaim scheme / Initial funding target set at USD 25 mn
08.07.2022
ARAB GULF STATES
Higher prices for oil, gas lift GDP in GCC countries / GlobalData raises 2022 growth forecast to 4.4% / Polymer exports of trading bloc continue to rise
17.06.2022
CHINA
Economic growth limited by strict zero-Covid policy / Major Chinese cities aim to return to business as usual / Wood Mackenzie downgrades GDP forecast
31.05.2022
PLASTICS RECYCLING USA
US reclaim rate drops, waste generation soars / Senate introduces bill to improve recycling in rural America
24.05.2022
GERMAN ECONOMY
ZEW survey: Recession risk remains / Chemical sector under pressure
19.05.2022
CHINA
The People's Republic turns to lightweighting and bio-based, recycled plastics / Beijing to ban conventional plastic packaging from express delivery outlets
09.05.2022
ENERGY COSTS
Economic researchers call for major hike in gas prices to motivate companies to use less energy / Caution against “distorted incentives” through state aid
26.04.2022
TURKEY
Record output, imports, exports of plastics products in 2021 / Resin production unchanged / War threatens material supply from Russia
04.04.2022
MALAYSIA
Plastics market to increase 3% annually / Packaging for food, beverages to drive growth / Mordor Intelligence report
29.03.2022
CHINA
Covid-19 restrictions in Shenzhen mostly lifted / Plastics use in car components grows in 2021 / Auto production surpasses pre-pandemic mark
23.03.2022
GERMAN ECONOMY
ZEW economic indicator plunges at record pace as war rages / Economics institute warns of stagflation / Index for Eurozone also down sharply
16.03.2022
INTERNATIONAL TRADE
Attack on Ukraine slows global trade / Sanctions start to take effect / Trade war to hit Russia more than Western economies / Kiel Institute research
14.03.2022
CHINA
EVs dent oil demand / Petchem consumption to temporarily support crude use
07.03.2022
SINGAPORE
Country of choice for various global producers / Plastics industry moves towards a circular economy / Summary by Chinaplas organiser Adsale
01.03.2022
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