All plastics industry news – Plastics Information Europe

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Companies

HIP PETROHEMIJA Serbia ready to sell its shares – reports / Gazprom unit to be majority shareholder	07.12.2021
WESTLAKE USD 1.2 bn offer for Hexion coatings, composites ops / Materials used in wind turbine blades, car components	07.12.2021
NEXEO PLASTICS Distribution of TPUs from China-based Wanhua Chemical in parts of Europe	07.12.2021
TEKNI-PLEX Takeover of Mexican extruder maker Johnson Plastic Group	07.12.2021
SYNTHOS Conclusion of takeover of rubber business from Trinseo / German plant changes hands	06.12.2021
SI GROUP Distribution partnership with Brenntag renewed, expanded / Addition of chemical intermediates, coating resins in EMEA	06.12.2021
DR. SCHNEIDER Plans for second US automotive parts facility / Start-up timing unclear	06.12.2021
CAROLEX Epsotech sells French film unit to US packaging specialist	03.12.2021
ENI Explosion at Italian refinery in Livorno / No injuries reported	02.12.2021
SAUDI ARAMCO Energy giant cancels investment in Indian refinery / Disagreement on valuation / Reliance to focus on “green” energy	02.12.2021

People

TRINSEO Francesca Reverberi becomes new senior VP and chief sustainability officer	06.10.2021
AAGE VESTERGAARD LARSEN Management change at Danish plastics recycler / New line for post-consumer waste	28.09.2021
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

Industry

PLASTICS WASTE Pandemic-related medical waste landing in oceans / Asia is worst offender / Joint China-US study	01.12.2021
RECYCLING RecyClass greenlights packaging products by Leonhard Kurz and Hoffmann Neopac	30.11.2021
PLASTICS AND ENVIRONMENT Virgin plastics use may have peaked for brands, retailers: EMF / Top consumer goods firms show more recycled content in packaging / Global Commitment 2021 Progress Report	29.11.2021
MARINE LITTER Volume of rubbish found on UK beaches falls / Plastics waste remains a problem / Great British Beach Clean survey	29.11.2021
SCOTLAND Ban of several single-use plastic items / Plastic straws exempted “under special circumstances”	18.11.2021
PLASTICS RECYCLING EUROPE Winners of “Plastics Recycling Show Europe 2021” announced	18.11.2021
PLASTICS AND ENVIRONMENT Coca-Cola, PepsiCo remain top plastics polluters / Break Free From Plastic brand audit report	16.11.2021
CHEMICAL INDUSTRY Major producers partner to cut GHG emissions / Centralised development starts in 2023	15.11.2021
PLASTICS RECYCLING CANADA CPP outlines plans to 2025 / Priorities defined / Support from 70 industry players	15.11.2021
UK Parliament puts new environment bill on statute books / Legislation threatens taxes on single-use plastics / Call for ‘consistent' recycling network across England	12.11.2021

Markets

PETROCHEMICAL MARKETS C2/C3: Broad impact expected from Dow cracker shutdowns / Reduced output for styrene, polyols	06.12.2021
MEDICAL PLASTICS Report assails European hospital purchasing, waste practices / Calls for lower plastics consumption	06.12.2021
COMPOSITES German-speaking industry meets for “JEC DACH” / Global output down 14% in 2020 / Carbon fibres could generate renewed drive	03.12.2021
LOGISTICS Supply chains rattled by Omicron variant: freight rates rise considerably / Shipping companies in need of crew / Lack of truck drivers aggravated by Sputnik stigma	02.12.2021
RAW MATERIALS Ifo Institute: Material shortages worsen in Germany / Price hikes on the way	02.12.2021
PETROCHEMICALS Repsol, Versalis join “Cracker of the future” consortium / Focus on electric steam cracking / Technology partnership with Siemens, Technip	30.11.2021
WASTE MANAGEMENT USA Environmental Protection Agency's strategy to improve municipal solid waste recycling / Plastics provisions in US infrastructure law	26.11.2021
RECYCLING UK Recoup calls for greater collection and reclaim efforts	26.11.2021
PACKAGING AND E-COMMERCE Online retail giant Amazon to reduce plastic packaging in Germany / French postal service selects reusable plastic bags	26.11.2021
LOGISTICS Rhine river's low water levels continue / Container freight rates stagnate across the board	25.11.2021

Production and Engineering

SABIC Circular resins from mixed and marine waste said to be world first / Products made of these materials due soon	07.12.2021
SOLVAY Accelerated delivery of PPA grades for automotive sector	06.12.2021
BIOPLASTICS Development of PLA products for optical applications	02.12.2021
ARKEMA Bio-circular PA 11 for demanding medical applications	01.12.2021
FLOREON Halogen-free flame retardant bioplastics / Sustainable alternative to ABS	30.11.2021

Management

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
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

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Date of print: 07/12/2021
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