All plastics industry news – Plastics Information Europe

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Companies

FAURECIA Collaboration with Veolia for sustainable car interior compounds / 30% recycled content to be included from 2025	20.05.2022
TORAY Construction of French chemical reclaim plant for PET / Cooperation with Axens	20.05.2022
FERNHOLZ Expansion of German film plant	20.05.2022
VALTRIS Ownership change for US speciality chemicals maker / H.I.G. sells to SK Capital	20.05.2022
SAUDI ARAMCO Oil giant ousts Apple as largest company in world / Energy trumps tech	19.05.2022
HERAEUS German group acquires majority stake in perPETual Technologies / Entry into PET recycling	19.05.2022
INNOVIA FILMS Production line for LDPE shrink film / CCL Label to market film as EcoFloat	19.05.2022
PERSTORP Swedish speciality chemicals manufacturer to be acquired by Petronas / Deal priced at EUR 2.3 bn	18.05.2022
PREMIX US plant to manufacture electrically conductive compounds for PCR test pipettes / Finns plan to operate the facility by 2025	18.05.2022
AKRO-PLASTIC IMCD to distribute products in parts of Europe	18.05.2022

People

PLASTICS EUROPE Plastics producers tap Dow VP ten Bruggencate to lead industry group / Sector faces range of pressing issues	20.05.2022
PLASTICS INDUSTRY ASSOCIATION President of US group exits after less than three years / No word on a successor	31.03.2022
LYONDELLBASELL Vanacker to assume CEO post on 23 May	31.03.2022
BOREALIS Mayer appointed VP of polyolefins, innovation	24.03.2022
NORDMANN Distributor taps Nahapetjan as MD of Czech unit	11.03.2022

Industry

EUPC Benoît Hennaut from Herige elected new president	20.05.2022
PLASTICS AND ENVIRONMENT Spaceborne observation of waste sites / System said to identify areas for clean-up, improve enforcement of anti-dumping laws	20.05.2022
EPPA Heuer selected to chair association of European profile manufacturers	19.05.2022
PLASTICS RECYCLING Umbrella certification PolyCert adds German, French schemes to portfolio	18.05.2022
TEPPFA Bondestam to head European pipe making industry group / Focus on Green Deal and challenging economic environment	18.05.2022
PLASTICS AND ENVIRONMENT Industry's circularity and net zero efforts fall short / Deeper collaboration and faster action critical within next five years / Systemiq report	16.05.2022
RECYCLING USA Plastics pollution probe launched in California / ExxonMobil issued subpoena	10.05.2022
PLASTICS PACKAGING Fraunhofer study: Comparison of reusable plastic systems with single-use alternatives / Recycled content required for production	09.05.2022
PACKAGING TAX GERMANY McDonald's branch wins lawsuit against Tübingen waste levy / German environmental aid organisation calls for one-way levy on to-go packaging	06.05.2022
RECYCLASS Approval of series of polymers, other products for recycling processes	05.05.2022

Markets

LOGISTICS An absurd result of the Ukraine war: rail transport combined with shipping on inland waterways / Risk of container tsunami if Shanghai reopens / Freight forwarders faced with toxic mix	19.05.2022
GERMAN ECONOMY ZEW survey: Recession risk remains / Chemical sector under pressure	19.05.2022
GLOBAL TRADE Ukraine war cuts business confidence / Insolvencies to rise over 10% / Allianz Trade survey	17.05.2022
PLASTIC PIPES Demand driven by ongoing substitution of metal pipes / Fastest growth in Central and Eastern Europe / Potential role in emerging hydrogen economy / AMI report	17.05.2022
PLASTICS PRODUCTION GERMANY Positive figures in 2021 despite difficult environment / New Plastics Europe Deutschland president comes from Evonik / Clear no to gas embargo / “Challenging scenario” expected for 2022	13.05.2022
AUTOMOTIVE MARKET Car component suppliers face major sector shifts / Light vehicle sales could remain below pre-pandemic levels until 2030 / McKinsey report outlines ways to keep up with changing industry	13.05.2022
PETROCHEMICAL MARKETS VAM: Celanese declares force majeure for several acetic acid derivatives / Move impacts EVA, EVOH	12.05.2022
LOGISTICS Is the collapse of supply chains now imminent? / No end in sight for port lockdowns / Shippers getting increasingly nervous / Solace: three-quarters of all goods from China on schedule	12.05.2022
GERMAN ECONOMY Exports down in March / Flow of goods to Russia slumps as expected	12.05.2022
GLOBAL TRADE IFW Kiel: World commerce steadies after war rattles markets / Container shipping congestion remains high	11.05.2022

Production and Engineering

BASF Flame-retardant PA 6.6 product for electrical vehicle market	18.05.2022
SCHUR FLEXIBLES Vacuum packaging film without EVOH barrier	18.05.2022
SIDEL PET substitute for aluminium aerosol containers / Product suits traditional PET reclaim streams	10.05.2022
TRINSEO Sustainable ABS grades with lower carbon footprint	09.05.2022
SOLVAY Fast cure prepreg composites for automotive / Investment in Xencor LFT production enhancement	05.05.2022

Management

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
CREDIT RISKS State support cuts insolvency risk for European SMEs / Automotive, transport equipment among sectors most exposed / France loses export share as China expands / Euler Hermes reports	11.10.2021
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

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Date of print: 22/05/2022
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