All plastics industry news – Plastics Information Europe

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Companies

INEOS STYROLUTION Supplier to partner with Indaver on project to make ABS from chemical recycling outputs	25.01.2021
SK CAPITAL Acquisition of majority stake in US speciality packaging maker Lacerta	25.01.2021
SABIC Recycling unit with Plastic Energy set to enter construction phase	25.01.2021
DOMO “Technyl” name to go global when non-compete clause with BASF ends in 2022 / New customer support platform	25.01.2021
GULF PACKAGING Order for BOPP film line / Plans for portfolio expansion include PP cast films	25.01.2021
BASF Q4 operating profit soars 32% year-on-year / Sales jump 8% / Earnings for materials, chemicals and industrial solutions beat market consensus	22.01.2021
BOREALIS German pilot plant for mechanical recycling / Project for post-consumer recyclates with Tomra	22.01.2021
OERLEMANS Investments at Dutch plastics factory / Expansion of production and office facilities	22.01.2021
SCG PACKAGING Acquisition of British foodservice packaging solutions provider Go-Pak	21.01.2021
CARCLO British injection moulder signs major manufacturing deal for medical devices / 10-year agreement with global OEM worth up to EUR 17m / Appointment of non-executive director	21.01.2021

People

KRAUSSMAFFEI Bharat Sharma is the new VP of Asia-Pacific region	19.01.2021
PLASTICSEUROPE DEUTSCHLAND Ingemar Bühler named CEO of German branch	11.01.2021
NEXEO Joost d'Hooghe appointed VP of EMEA	07.01.2021
VERSALIS Adriano Alfani appointed CEO	05.01.2021
GKV Julia Große-Wilde named managing director of German processors association	05.01.2021

Industry

GKV German plastics converters' association MD Große-Wilde takes over all tasks and functions from Möllenstädt	25.01.2021
RECYCLING UK Operational recycling capacity of BPF members seen at 74% in 2021 / Government funding needed for reclaim infrastructure / UK trade group publishes first sustainability report	19.01.2021
PLASTICS WASTE New rules on exports from the EU in effect / Notification required for shipping hazardous material / Amendment to Basel Convention	14.01.2021
MEXICO Mexico City bans single-use plastic bags / Producers voice displeasure with move	14.01.2021
UK Government says pandemic could affect country's ability to reduce plastic waste	13.01.2021
SWITZERLAND Parliament discusses tax on single-use plastic packaging / Action called for in 2025	11.01.2021
PLASTICS AND ENVIRONMENT PlasticsEurope and EuPC collaborate on zero-pellet-loss certification scheme / Report analyses progress of sustainability projects	11.01.2021
MARINE LITTER Ocean Cleanup partners “Interceptor” production / Sunglasses from ocean plastics waste	05.01.2021
PLASTIC CARRIER BAGS German Bundestag confirms ban on plastic bags / Consumption of 18 plastic bags per person in 2019	23.12.2020
PLASTICS AND ENVIRONMENT Eastman to begin reporting plastic pellet spills	22.12.2020

Markets

ABS End of price boom in sight / Arbitrage window for exports to China closes / Imports from Far East expected to pick up again and improve domestic supply in Q2 / Subsequent price adjustments possible	22.01.2021
PLASTICS RECYCLING CHINA Unilever and online trading giant Alibaba to cooperate in China / Over 500 reverse vending machines	22.01.2021
PETROCHEMICAL MARKETS European plastics processors alarmed by forces majeures / EuPC and French umbrella organisation Polyvia reminded of 2015 / German engineering plastics converters see signs of bottlenecks	21.01.2021
PLASTICS INDUSTRY Pandemic hits economy / Global plastics production nears 370m t in 2019 / European output loses market share / Full recovery expected in 2022 / PlasticsEurope report	21.01.2021
PLASTICS RECYCLING EUROPE Recycling capacity of 8.5m t in Europe / PET, LDPE, HDPE and PP frontrunners	21.01.2021
ITALY Italian plastics and rubber machinery output craters in 2020 / Exports plummet / 2021 rebound "likely"	21.01.2021
PACKAGING Rising pressure to increase use of recyclates and recyclable packaging / Recycled material will continue to sell at a premium / Smithers report	20.01.2021
PETROCHEMICAL MARKETS Borealis' cracker in Sweden back online after eight months	20.01.2021
PACKAGING RECYCLING AUSTRIA Coronavirus pressures 2020 results / Plastics packaging shows 1% increase / Stable tariffs	20.01.2021
CHINA Shandong Chengtai starts construction of new MMA plant / Expansive capacity buildup in China	18.01.2021

Production and Engineering

CELLUGY Sugar-based barrier seen as alternative to PE coatings for packaging	21.01.2021
SABIC Launch of nanotechnology-based compound for PET foams / Core materials for wind blades	19.01.2021
VISCOFAN Joint development of recyclate-based multilayer sausage film / Cooperation with Cepsa, DSM, Fibrant and Sabic	19.01.2021
RESEARCH Scientists reveal details of project on mixed plastics recycling and a new wood-derived polymer solution	15.01.2021
PEXOPOL Addition of ABS regranulates to product portfolio	12.01.2021

Management

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
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

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Date of print: 26/01/2021
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