All plastics industry news – Plastics Information Europe

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Companies

DOW Group to slim down even more / Fewer investments / Sale of tank farms and railway lines	23.10.2020
INEOS STYROLUTION Styrenics supplier joins Flemish recycling project “Remove2Reclaim” / Group to use solvents to extract polymers and additives	23.10.2020
LUKOIL License for new PP line in Bulgaria	23.10.2020
RÖCHLING Self-developed PLA compounds for car production / Glass-fibre and talc-reinforced types	23.10.2020
REPSOL Technology licence secured for UHMWPE plant / Investment decision in 2022 / Collaboration with Armando Alvarez for flexible packaging with recycled content	22.10.2020
ALPLA Plastic packaging manufacturer offers carbon-neutral recycled PET	22.10.2020
VEKA PVC profiles producer opens four new facilities in Poland	21.10.2020
GREIWING Takeover of Belgian sorting specialist / Acquisition expands service portfolio	21.10.2020
SEMADENI Swiss converter takes stake in Elithro / German company runs system for reusable takeaway food containers	21.10.2020
COVESTRO Surprise rise in earnings in Q3 / Sales down / PU and PC businesses grow / 2020 profit outlook improves	20.10.2020

People

AVIENT Dodd appointed president of distribution	09.10.2020
SIBUR Changes in management / Previous MD of business and finance Petrov new head of plastics division	08.10.2020
TORAY Toshiyuki Kondo appointed CEO of advanced composites division	01.10.2020
DOW John Sampson to rejoin US group as successor to head of engineering Peter Holicki	28.09.2020
BOREALIS McArdle new VP of polyolefins strategy	21.09.2020

Industry

PLASTICS AND ENVIRONMENT 2019 update of “Operation Clean Sweep” / Almost 700 companies join programme	23.10.2020
ITALY Implementation of “plastic tax” likely postponed until mid-2021 / Only a small gap in tax coffers	22.10.2020
TRADE DEALS Canadian ban on single-use plastics may violate USMCA / US industry groups warn of “non-tariff barrier” / “Toxic” label for plastics “irresponsible”	22.10.2020
MARINE LITTER Study says 14m t of microplastics in deep ocean / Deteriorating surface waste collects below	19.10.2020
CEFIC BASF CEO Martin Brudermüller elected new president	19.10.2020
ITALY Introduction of plastics tax in January 2021 increasingly unlikely / Trade associations warn of double burden	15.10.2020
GERMANY Upper house approves EU waste directive / Ban on disposable products legally binding as of 2021	14.10.2020
EU PLASTICS TAX Parliament green-lights planned levy / Next step is ratification at national level	12.10.2020
PLASTICS WASTE Study says global brands undershooting plastics reduction goals / Coca-Cola and Unilever reiterate commitment to targets	06.10.2020
US RECYCLING California passes first US recycled-content law for beverage bottles / Containers need 15% reclaim content by 2022	01.10.2020

Markets

PVC China initiates anti-subsidy investigation against US imports	23.10.2020
TURKEY PVC imports by weight seen up over 9% in 2020 / Domestic production volume set to drop more than 10% / PVC foreign trade deficit forecast to rise	22.10.2020
POLYURETHANE Supply situation for TDI and polyols critical / “Tremendous procurement problems” for processors / Hardly any imports due to shutdowns of US plants	20.10.2020
PLASTICS WASTE New UK standard for atmospheric biodegradability of polyolefins	20.10.2020
USA Petrochemical industry recovering from Hurricane Delta / First plants restart / Forces majeures still in effect	19.10.2020
PETROCHEMICAL MARKETS TDI: Covestro declares force majeure from Dormagen / BASF outage ongoing	15.10.2020
UPDATE - PETROCHEMICAL MARKETS PVC: Kem One and Shin-Etsu declare forces majeures / Supply tightness takes on dramatic forms	14.10.2020
PET PACKAGING Global demand to grow 3.7% annually to 2025 / Asia-Pacific and Africa to expand the fastest / New capacity planned despite surplus / Smithers report	14.10.2020
PLASTICS RECYCLING EUROPE EuPC and Circularise partner to develop systems for tracking plastics and monitoring recyclates / Group seeks prototype testers	12.10.2020
PLASTICS RECYCLING UK Certification system extended to cover all packaging types	12.10.2020

Production and Engineering

MILLIKEN RecyClass approval for “Millad NX 8000” PP clarifying technology / Fully compatible with European recycling systems	22.10.2020
COMPOSITES 3D-printed fibres detect mask leaks / Multiple application areas expected	21.10.2020
HOFFMANN NEOPAC PE tube-HDPE flip-top combo offers full recyclability	19.10.2020
PARX PLASTICS EU certifies Covid-19 mask made with material resistant to viruses and bacteria	15.10.2020
NORDMANN Launch of “Norantox” antioxidants and UV stabilisers	15.10.2020

Management

OFFICE MANAGEMENT UK report says pandemic has companies considering renting and cutting floorspace / Over 10 times more people now working at home in UK	29.09.2020
GLOBAL ECONOMY Insolvencies to rise amid Covid-19 crisis / Hardest hit countries in 2020-2021 include US, Brazil, China / Euler Hermes report	08.09.2020
SUPPLY CHAIN Steps required to strengthen global value chains as shock events rise / Disruptions could wipe out 45% of annual profits every 10 years / Network restructuring to reshore production / McKinsey report	27.08.2020
MANAGEMENT Late payments rise in North America as Covid-19 pandemic bites / Mexico hardest hit / More companies using insurance and guarantees against default / Atradius report	24.08.2020
MANAGEMENT Mid-sized plastics processors in Germany underestimate risks of cyber attacks / One in four businesses affected	10.07.2020

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Date of print: 23/10/2020
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