All plastics industry news – Plastics Information Europe

www.pieweb.com

Companies

DOW Countdown to carbon neutrality underway / Net-zero emissions targeted by 2050 / Advanced recycling to pave way for circular plastics	19.10.2021
DSM Acceleration of programme to cut emissions and carbon footprint / Aim to reach net zero by 2050	19.10.2021
BRASKEM IDESA Agreement with Pemex to build ethane import terminal in Mexico / Adjustment of ethane supply contract	18.10.2021
MERAXIS Distribution group establishes independent sales company in China	18.10.2021
BIESTERFELD Distributor again in family hands / Hannover Finanz sells back entire stake	18.10.2021
STARLINGER PET recycling unit installed at India's Srichakra Polyplast / Investment of EUR 8.6m	15.10.2021
ENGEL Injection moulding machine manufacturer sees dynamic development / Annual turnover expected to be close to pre-crisis level / Risks through material shortages	15.10.2021
EPSILYTE Takeover of StyroChem Canada / Deal creates one of largest EPS producers in North America	15.10.2021
SHELL Link-up with Pryme on advanced recycling / Two European pyrolysis units planned	14.10.2021
RECTICEL Business with engineered foams goes to Carpenter / Takeover by Greiner no longer an issue?	14.10.2021

People

TRINSEO Francesca Reverberi becomes new senior VP and chief sustainability officer	06.10.2021
AAGE VESTERGAARD LARSEN Management change at Danish plastics recycler / New line for post-consumer waste	28.09.2021
W.R. GRACE Bob Patel to take over as CEO from 2022	03.09.2021
RÖCHLING CEO set for quick exit / Move unexpected / Interim successor pulled from advisory board	01.09.2021
LYONDELLBASELL CEO Patel announces retirement / Exit possibly linked to deadly accident	27.08.2021

Industry

FAKUMA German trade show with masks: 27th fair in Friedrichshafen / Restart after one-year pandemic break / More time for discussions with 25% fewer exhibitors / Focus turns to K 2022	15.10.2021
RECYCLASS Certification of first products with recycled content	14.10.2021
FAKUMA German plastics trade fair begins / 1,470 exhibitors from 39 countries expected / PIE and sister publications in attendance	12.10.2021
BSEF Michael Hack named secretary general of bromine producers' association	12.10.2021
UK Industry calls for faster CO2 supplies / Lorry driver shortage hits deliveries of fuel, other goods	06.10.2021
EU CIRCULAR ECONOMY Circular Plastics Alliance updates recycling plan / Target of 10m t of recycled plastics by 2025 / Over EUR 7.5 bn in funding needed	01.10.2021
US LEGISLATION Industry groups attack plan to tax virgin resins / Income to be earmarked for spending programmes / Fees could reach EUR 380/t	01.10.2021
CHINA Plastics ban drives interest in biodegradable resins / PBAT price doubles	30.09.2021
PACKAGING 50% reuse in Europe could lead to enormous CO2 reduction by 2030 / Report on three sector groups / Significant economic incentives for users / Rethink Plastic Alliance report	30.09.2021
SPAIN Government prepares ban on SUP for produce / Move complements plastics tax plans	28.09.2021

Markets

PA 6.6 China retains punitive tariffs for US imports / Measures against Europe previously lifted	19.10.2021
RAW MATERIALS GERMANY Economic institute HWWI reports significant rise in energy prices / Index nearly doubles from last year	19.10.2021
POLYURETHANE FOAMS EUROPE 2020 presented a range of challenges / Sharp rise in demand in H2 / Slabstock foam sees almost 4% increase / Higher growth in foam production in Southeast Europe	15.10.2021
LOGISTICS Finally: freight rates fall for important routes / Containers clog European ports	14.10.2021
PETROCHEMICAL MARKETS ABS: Ineos declares force majeure for US plant in Ohio	12.10.2021
LOGISTICS Waiting for Christmas: Every 10th container ship stuck in a traffic jam / Ports bursting with containers / Heavy parcel flows expected / Prices bring a quantum of solace	08.10.2021
WIND TURBINE BLADES Siemens Gamesa introduces recyclable blades / Vestas, partners to develop similar technology	07.10.2021
USA +++ UPDATE +++ Louisiana, Texas still affected by storm damage / Notable rise in resin imports	01.10.2021
PETROCHEMICAL MARKETS Oxo alcohols: OQ Chemicals declares force majeure for production in Germany	30.09.2021
LOGISTICS China's Cosco grabs Tollerort container terminal at the Port of Hamburg / UK in dire need of truck drivers / Freight rates plateau	30.09.2021

Production and Engineering

POLYPLASTICS Entry into long-fibre segment with “Plastron” grades / Cellulose LFT under development	18.10.2021
SOLVAY PEEK grade selected by Malema for flow meters used in Covid-19 vaccine production	18.10.2021
EXXONMOBIL “Exceed XP 7” LDPE grades target high-performance film applications	14.10.2021
POLYVEL EUROPE New peroxide masterbatches facilitate downstream processing of PP recyclate	12.10.2021
TREXEL US foam tech firm, UK group produce sustainable packaging with gas foaming agents	11.10.2021

Management

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
MANAGEMENT Sale-and-leaseback financing / Opportunity to increase liquidity and free up the balance sheet / Consideration needed for asset values, running times and “rights to separate satisfaction”	12.04.2021
SUPPLY CHAINS Companies introduce strategies to protect against Covid-19-related disruptions / Survey shows 30% of firms considering near-shoring / Euler Hermes report	01.02.2021
LOGISTICS Container freight rates rise / High demand for Asian products in Europe and US / Shipping business not expected to slow before February 2021	10.12.2020

© 2021 by Plastics Information Europe, Bad Homburg

Date of print: 20/10/2021
Ref: b4435q3z3kdyz5y4mphxovat
KIVBHI

All rights reserved.
Access und use is subject to our terms of use.

URL: https://pieweb.plasteurope.com/Default.aspx?pageid=100