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Companies Polymer Materials Petrochemicals

KAZAKHSTAN Sibur may lose 10% of stake in Silleno complex to Sinopec / Local demand for PP, PE set to nearly double by 2030 / Gas processing plants planned for coming years	01.08.2023
PETROCHEMICAL MARKETS Styrene: Plant failure at Trinseo exacerbates situation / Spot prices surge	31.07.2023
BASF German giant to reduce investments / Detailed Q2 report shows tough time for plastics / Earnings, sales fall sharply in H2	31.07.2023
LOGISTICS Typhoon bears down on China / Let's add AI to tracking / Are billion-dollar logistics deals a thing of the past?	28.07.2023
DOW CHEMICAL Sales slip, profits slump / Price erosion, weak demand also affecting US chemical giant	26.07.2023
IRAN Tehran forges stronger petchem ties with Moscow / Six-year plan has Iranian output more than doubling / Large polyolefin plant begins production	25.07.2023
INEOS Court halts construction of Project One cracker / Move blamed on lack of environmental assessments / The beginning of the end?	24.07.2023
LOGISTICS Plan from Deutsche Bahn cargo boss Nikutta to save millions / Ships collide in port of Ningbo / Cosco starts weekly service to connect Northern Europe, Med, South America	21.07.2023
SABIC Pyrolysis oil used for certified circular polymers / Production in Saudi Arabia said to be first in MENA	21.07.2023
PETROCHEMICAL MARKETS Styrene/propylene oxide: Dutch plant shut down due to weak demand / Styrene spot prices significantly firmer	19.07.2023
OMV Management seeks to merge Borealis, Borouge assets / Resulting company could be worth USD 20 bn	17.07.2023
LOGISTICS Kühne + Nagel tops list of global air freight forwarders / Fuel oil out, green methanol in at some firms / Launch of weekly Latin-East-Coast Europe Express	14.07.2023
BASF Sales and earnings outlook for 2023 lowered / Q2 net income fall much harder than market consensus	13.07.2023
ENERGY Follow-up: LNG terminal on Rügen greenlighted by German parliament / Economics minister says “not out of the woods” on gas supply	12.07.2023
INEOS Energy prices, low demand increase cost pressure on phenol / Staff cuts hit Belgian plant / Production could be relocated to Germany	12.07.2023
CLARIANT Speciality chemicals group to boost cost-cutting after profit warning / Additives business below expectations	10.07.2023
PFAS EPA presents framework plan to remedy ‘forever chemicals' contamination / Solvay cracks USD 393 mn deal with New Jersey for past offences	10.07.2023
HALDIA Large-scale petchem project in Southern India starts to take shape	10.07.2023
BOREALIS / BOROUGE Are OMV and Adnoc planning a merger? / A move up into the heavyweight league	07.07.2023
SYCLUS French tech company Axens to build bio-ethylene plant for Dutch start-up / CropEnergies to provide ethanol feedstock	07.07.2023
NOVA CHEMICALS Study to build 66,000 t/y pyrolysis-driven recycling facility in Canada / Partnership with Plastic Energy	07.07.2023
ENERGY German LNG plans show no signs of slowing / Some say pace too fast / US main supplier / Rügen terminal still in doubt	06.07.2023
ORLEN Plock plant expansion investment higher than estimated / Second vessel for LNG transport	06.07.2023
TOTALENERGIES / INEOS French group exits Lavera JV / UK giant grabs share in Naphthachimie's cracker, polymer plants	05.07.2023
LOGISTICS Hamburg sends port workers into short-time work / Ineos Energy Trading enters LNG market / EUR 500 mn expansion planned for Rotterdam World Gateway / Air freight market stabilises	30.06.2023

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