All plastics industry news – Plastics Information Europe

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Companies

OQ GROUP Oman examines sale of OQ Chemicals – Bloomberg	27.09.2021
ALPLA Packaging multinational takes over Spanish bottle maker Plastisax / Expansion of market presence	27.09.2021
SUMIKA Expansion of PP compounding in Turkey	27.09.2021
MELITEK Compounder completes warehouse expansion / Fourth compounding line due to start up next year	27.09.2021
BLACK BEAR CARBON Partnership with Helm on carbon black recovered from tyres / First plant to start up in 2023 in Chemelot	27.09.2021
SAUDI ARAMCO “Namaat” investment plan includes deals with Shell, Solvay, Veolia	24.09.2021
VERSALIS Purchase of remaining 60% of compounder Finproject / Integrated value chain for special polymers	24.09.2021
BERRY GLOBAL Packaging giant starts construction work on PP recycling plant in UK / Circular polyolefins from Repsol	24.09.2021
MAUSER Increase in Turkish capacity for plastic drum, container production	24.09.2021
HEXPOL Elastomer specialist invests almost EUR 6m in Sweden / TPE compound capacity to be raised to 80,000 t/y	23.09.2021

People

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
TOMRA Norwegian sorting tech firm under new management / CEO Andersen gets an early start	19.08.2021
BOREALIS Reutter named VP of product asset management, supply chain	13.08.2021

Industry

PLASTICS AND CLIMATE CO2 emissions from plastics to rise drastically / Increase to be driven by carbon released during incineration / Need for focus on higher-value recycling / Material Economics study	27.09.2021
RECYCLING USA California legislation on recyclability nears approval / Passage will be “very disruptive” for US, North America, says CEO of US flexible packaging association	24.09.2021
GERMAN PLASTICS INDUSTRY Major trade groups initiative to engage with German public	16.09.2021
PLASTICS AND CLIMATE Action needed to meet tougher decarbonisation targets / Recycling key to lower emissions / Wood Mackenzie study	15.09.2021
PLASTICS AND SPORTS Elite UK sailor demands recycling-friendly sporting events / Olympic gold medallist says sports can show way to better environmental habits	15.09.2021
PLASTIC PACKAGING EUROPE PlasticsEurope calls for 30% EU recycled content target by 2030 / EuPC warns of consequences	13.09.2021
MARINE LITTER Waste collection on Indian river supported by Finnish companies / EUR 600,000 funding from Huhtamaki	13.09.2021
INDIA Launch of Plastics Pact by WWF, CII / Packaging targets to be achieved by 2030	09.09.2021
UK Old and new plans for “war on plastics” proclaimed / Ban on SUP cutlery and cups in England touted / Plastics tax still on the agenda	02.09.2021
PLASTICS RECYCLING UK WCL survey assails national recycling plans / Lack of commitment to “all-in” deposit scheme / Too little focus on waste reduction	31.08.2021

Markets

PLASTICS MACHINERY ITALY H1 sales up 11%, orders soar 46% / Presidents, VPs receive additional two-year terms	27.09.2021
PETROCHEMICAL MARKETS ABS, PS: Versalis declares force majeure / Production impaired for at least one month	24.09.2021
MATTRESS RECYCLING Groundbreaking for RetourMatras recycling plant in the Netherlands / Plans to dismantle 1.5m cushions annually / Start of first chemical reclaim facility for used PU foam in France	24.09.2021
PETROCHEMICAL MARKETS PVC: Inovyn declares force majeure in Germany	23.09.2021
LOGISTICS Container freight rates move sideways / More ship congestion off US ports	23.09.2021
PLASTICS AND ENVIRONMENT Call for global pact to tackle marine pollution / Costs on society from plastics production to hit EUR 6 tn in 2040 / WWF report	23.09.2021
ARTIFICIAL TURF Sport Group, GBN-AGR to recycle synthetic grass in Europe / German reclaim plant under construction	23.09.2021
SLOVAKIA Reverse-vending machines across 140 Tesco stores / Country's deposit return scheme to come into effect next year	23.09.2021
EPS Italy: Consumption drops by almost 7% in 2020 / Recovery on the horizon	21.09.2021
PACKAGING GERMANY Overall market shrinks / Plastic accounts for largest share by value	20.09.2021

Production and Engineering

BASF Plastic additives for mechanical recycling / Higher quality recyclate for films, moulded parts	23.09.2021
DOW Bio-based plasticisers for Crocs footwear / Food contact barrier shrink film by Bolloré made from circular polymers	23.09.2021
PACKAGING RESEARCH EU Circular FoodPack project: Recycling packaging in a closed cycle for use with direct food contact	16.09.2021
SABIC PE and PP resins for pressure-pipe manufacturing / Development of BiAx Pipe technology	16.09.2021
INEOS STYROLUTION ABS grades contain up to 70% post-consumer waste / Automotive and household applications	14.09.2021

Management

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
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

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Date of print: 28/09/2021
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