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Companies

BOREALIS OMV refinery in Austria to be down longer than expected / Crackers, polyolefin plants probably more severely affected	30.06.2022
PP RECYCLING Global network conducts first full-scale trials for food-grade material with rPP	30.06.2022
INNOVIA FILMS Expansion in Germany to meet growing demand for thinner label films	30.06.2022
AUTOLIV Swedish car components maker to step up belt-tightening / Job reductions a possibility	30.06.2022
OCCIDENTAL PETROLEUM US PVC subsidiary OxyVinyls plans conversion, expansion / Over EUR 1 bn investment in Texas	29.06.2022
POLYSTYRENELOOP German EPS converters rescue Terneuzen recycling plant from insolvency / Plant to restart soon	29.06.2022
REPSOL EUR 4.5 mn investment boosts Spanish GFR PP output / News follows plans to build domestic plants for UHMW-PE, PEX	29.06.2022
ORAFOL German film producer fears gas shortage could cause plant shutdown / Investment plan worth EUR 160 mn continues	29.06.2022
LENZING Fibre group to focus on circular economy	29.06.2022
NESTE Purchase of European rights for Alterra Energy liquefaction technology / Creation of Dutch chemical recycling JV with Ravago	28.06.2022

People

KEM ONE CEO Chalmin departs / Successor expected to drive growth	21.06.2022
COVESTRO Markus Steilemann confirmed as CEO until May 2028	16.06.2022
PLASTICS INDUSTRY ASSOCIATION President of US group exits after less than three years / No word on a successor	31.03.2022
LYONDELLBASELL Vanacker to assume CEO post on 23 May	31.03.2022
BOREALIS Mayer appointed VP of polyolefins, innovation	24.03.2022

Industry

PLASTICS AND ENVIRONMENT CANADA Bans on single-use plastics to start in December / Domestic chemical association “disappointed”	29.06.2022
ENERGY MARKETS European Parliament passes EU reform package / Response to war-related energy crunch / Chemical producers slam new export rules / Debates on ETS scheme	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
PLASTICS WASTE OECD: plastic waste volumes could nearly triple by 2060 / Rate of resin consumption to outpace other materials	24.06.2022
PLASTICS AND ENVIRONMENT USA SUP ban for national parks / State of Rhode Island opens chemical recycling facilities / Ongoing debates	24.06.2022
PLASTICS RECYCLING UK Indigo first plastics recycler to join Sustainably Sourced Plastic scheme	23.06.2022
RECYCLASS European recycling accreditation service approves two more packaging products from Belgium and Thailand	21.06.2022
SWITZERLAND Alpine country considers higher reserve levels for plastics	17.06.2022
BIOPLASTICS Are single-use biopolymers a sham? – position paper by Germany's BUND / Criticism by producer‘s group Plastics Europe	16.06.2022
FLEXIBLE PACKAGING Ceflex releases checklist to support EPR schemes / Offers four pillars for more circularity	15.06.2022

Markets

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
PLASTICS MACHINERY GERMANY Machine makers report reduced delivery capabilities / Improvement not expected until at least H2 2023 / VDMA flash survey	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
PLASTIC AND RUBBER MACHINERY World production sets record in 2021 / China tops export for first time / Euromap says further growth in Europe this year “difficult”	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
PETROCHEMICAL MARKETS EVA: TotalEnergies declares force majeure on shipments from French site	24.06.2022
PACKAGING GERMANY Consumption up 14% in the past 20 years / Increased demand for reduced sizes / “Next milestone must be the recyclability of packaging” – GVM study	24.06.2022
PU MARKET Asia-Pacific output to increase over 5% annually for next five years / Industry still below pre-pandemic levels / Rigid foam production declines / IAL report	23.06.2022
LOGISTICS Cash windfall for shipping companies / Looming threat of strikes in logistics industry / Container freight rates remain varied	23.06.2022

Production and Engineering

CONSTANTIA FLEXIBLES Collaboration with Plasthill on PE sealant films / CompresSeal offers up to 30% weight saving	30.06.2022
LANXESS Pocan PBT materials for connector applications unveiled / Introduction of PU systems	27.06.2022
KRAIBURG TPE TPE compound for cosmetics applications	23.06.2022
AMPACET NIR-detectable masterbatch for black flexible applications	23.06.2022
SABIC UK label manufacturer uses PP made from ocean-bound plastics	13.06.2022

Management

MANAGEMENT Ukraine war, related sanctions to boost German insolvencies / Plastics industry likely to suffer more than general economy	20.04.2022
MANAGEMENT Global bankruptcies to rise 33% this year / Demand for credit insurance increases in Europe / Over 70% of firms expect growth in 2022 / Atradius reports	25.01.2022
WORLD ECONOMY Managers still optimistic about 2022 / Mood sours in three of world's four largest economies / Only 22% of business leaders say they have adopted net-zero policies: PwC survey	21.01.2022
CREDIT RISKS State support cuts insolvency risk for European SMEs / Automotive, transport equipment among sectors most exposed / France loses export share as China expands / Euler Hermes reports	11.10.2021
MANAGEMENT Credit sales, late payments rise in Asia / Optimism on likely economic rebound / Global insolvencies to rise in 2021 as fiscal support wanes / Atradius reports	16.07.2021

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Date of print: 30/06/2022
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