All plastics industry news – Plastics Information Europe

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Companies

BRÜGGEMANN Acquisition of Italy's Auserpolimeri / Expansion of plastics additives business	17.08.2022
MOL Q2 earnings up on higher hydrocarbon prices / Petrochemical sales, margins down significantly	17.08.2022
INDORAMA VENTURES PET world market leader continues to grow / Net profit more than doubles	17.08.2022
RÖCHLING Czech production being relocated to Tábor / Capacity expansion	17.08.2022
BRASKEM Petrochemical giant buys 61% stake in Brazilian recycler	16.08.2022
KANEKA Expansion of silicone polymer production in Europe	16.08.2022
RENOLIT Plastic films and sheet manufacturer establishes recycling JV / PVC production waste marketed with SRK	16.08.2022
EVONIK Performance Materials segment drives quarterly results / Group raises sales forecast due to rising costs / “Growing uncertainties” cause for concern	16.08.2022
K.D. FEDDERSEN Plastics distributor acquires minority stake in Swedish wood fibre start-up	15.08.2022
POLYTEC Automotive supplier struggles with tough market conditions / Half-year earnings dissipate almost completely	15.08.2022

People

BASELL ORLEN POLYOLEFINS O'Bert takes helm of LYB-PKN Orlen JV	09.08.2022
PLASTICS INDUSTRY ASSOCIATION Welcome back: chief econ Pineda returns / Association, former CEO prepare for their day in court	19.07.2022
ARKEMA Emmanuelle Bromet to take charge of sustainable corporate development	01.07.2022
KEM ONE CEO Chalmin departs / Successor expected to drive growth	21.06.2022
COVESTRO Markus Steilemann confirmed as CEO until May 2028	16.06.2022

Industry

BLOCKCHAIN TECHNOLOGY European Commission uses digital tools to help fight climate change / Countries link to set up cross-border infrastructure	16.08.2022
RECYCLING USA California bill expands recycling scheme to wine, liquor bottles	15.08.2022
MARINE LITTER The Ocean Cleanup celebrates milestone waste collection in Pacific Ocean's Great Garbage Patch	12.08.2022
EU AND SUSTAINABILITY European car suppliers group joins EU-funded project / Partners seek to accelerate shift to sustainable materials, processes	08.08.2022
RECYCLASS Guide for designing recyclable plastics packaging	05.08.2022
PLASTICS WASTE European waste managers say energy recovery key to circular transition / Industry touts ability to help bridge gap in power supply	04.08.2022
AIMPLAS Technology centre expands to house additional operations	29.07.2022
RECYCLING EUROPE Circular Plastics Alliance extends coverage of MORE platform to rPVC	20.07.2022
RECYCLING USA California law requires all packaging to be recyclable or compostable in 10 years / Plastics packaging to be cut 25% / Industry to pay USD 5 bn to fight pollution, support communities	19.07.2022
RECYCLASS New certification scheme for plastics recyclers / Evaluation of traceability, quality management, recycled content, and environmental performance	15.07.2022

Markets

ENERGY Call for windfall tax on oil and gas profits to boost renewables spending / Cut in consumption, more investment needed to address energy crisis / UN report	17.08.2022
PETROCHEMICAL MARKETS TDI: Covestro declares force majeure for production in Dormagen, Germany	15.08.2022
PLASTICS AND ENVIRONMENT Plastics can have smaller carbon footprint than alternatives / Emissions profile key for environmental considerations / McKinsey analysis	15.08.2022
RECYCLING Political demands need to be checked to ensure “they make sense”/ Insight on recycling from Herbold Meckesheim sales VP Ebel	15.08.2022
AUTOMOTIVE INDUSTRY EU new car registrations down sharply in H1 / Battery-powered vehicles enjoy gains / Components makers continue to struggle	12.08.2022
RECYCLING FINLAND Raan Group, Reclay parent company, acquires stake in Finnish recycling association	12.08.2022
LOGISTICS Germany's Rhine is suffering, and with it, the industry / Freight rates for inland navigation increase fivefold / Belly transports back to pre-crisis level	11.08.2022
PLASTICS ECONOMY PIE Readers' Survey: Pessimism at the forefront in Europe / Half of respondents predict worse business for rest of 2022 / Staffing a non-issue / German-speaking Europe not threatened by global disruptions	11.08.2022
RECYCLING USA Rigid PP recyclability upgraded to “Widely Recyclable”	11.08.2022
CHEMICAL INDUSTRY GERMANY Ifo Institute: Russian gas issues shatter sector confidence / Worst outlook in nearly 14 years	10.08.2022

Production and Engineering

RESEARCH Project seeks to boost recyclate use in appliances / Partners act to exclude hazardous materials from reclaim loop	15.08.2022
ETIMEX PP film for yoghurt lids / Alternative to aluminium foil	09.08.2022
BLOCKCHAIN Japan's DIC launches pilot project with SAP / Technology to enhance PS food packaging circularity	01.08.2022
BIOPLASTICS PLA compostability tool to reach climate-neutrality targets / Report by TotalEnergies Corbion	28.07.2022
CATALYST TECHNOLOGY Researchers seek to create methanol from CO2 / Aimplas oversees project between Europe, Japan	27.07.2022

Management

GLOBAL TRADE Insolvencies forecast to rise 10% this year, 14% in 2023 / Number of fragile companies in Europe contained / Allianz Trade report	01.07.2022
PLASTICS AND FINANCE Consultant Brand Finance rates “most valuable” and “strongest” chemical brands / BASF, DuPont, Rongsheng, and Ineos in prominent positions	13.06.2022
MANAGEMENT Ukraine war, related sanctions to boost German insolvencies / Plastics industry likely to suffer more than general economy	20.04.2022
MANAGEMENT Global bankruptcies to rise 33% this year / Demand for credit insurance increases in Europe / Over 70% of firms expect growth in 2022 / Atradius reports	25.01.2022
WORLD ECONOMY Managers still optimistic about 2022 / Mood sours in three of world's four largest economies / Only 22% of business leaders say they have adopted net-zero policies: PwC survey	21.01.2022

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Date of print: 17/08/2022
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