All plastics industry news – Plastics Information Europe

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Companies

LYONDELLBASELL Decision on 400,000 t/y propylene project to be made in late 2023	25.11.2022
PLASTIPAK 20,000 t/y rPET facility opens in Spain / Solar panel power plant significantly lowers carbon emissions	25.11.2022
BASF CEO Brudermüller on cost-cutting plans: any talk of massive cutbacks is “absolute nonsense” / But there will also be “some adjustments” in production	24.11.2022
INVISTA Expansion at US polyamide plant	24.11.2022
CLEAN PLANET ENERGY UK recycler to build 10 plastic waste-to-feedstock plants	24.11.2022
PLASTIVALOIRE French injection plant to close / Car and industry segment shows strong Q4	24.11.2022
JOKEY German packaging maker to produce in UK	24.11.2022
CHEVRON PHILLIPS JV with Qatar Energy finalises plans for Texas complex / Ethane cracker and two PE plants due to start up in 2026	23.11.2022
BENVIC Luxembourg's ICIG buys PVC compounder	23.11.2022
EVONIK New European distributors for PA 12 powders, rubber additives	22.11.2022

People

BOREALIS Britta Warnke takes charge of automotive compounds	23.11.2022
ELIPSO Bouquet named general secretary of French plastics packaging association	16.11.2022
POLYVIA French processors' association appoints Xavier Chastin as general director	13.10.2022
CEFIC BASF boss Brudermüller re-elected president of chemical industry association	12.10.2022
LYONDELLBASELL New circular, low carbon solutions unit	03.10.2022

Industry

PLASTICS AND CLIMATE Plastics under attack at COP27 / UN agencies blame materials for waste, climate change / Official says, 'The future is not plastic'	22.11.2022
PACKAGING Trade associations criticise EU packaging waste proposal / Targets said to lack scientific support / Call for guidelines based on ecological impacts	22.11.2022
ITALY Forza Italia agrees to cancel plastic tax / Converters' association says levy could put excessive burden on the industry	21.11.2022
PLASTICS AND ENVIRONMENT NGOs raise concerns on EU's revision to waste legislation / Circularity rate of 8.6% “dangerous for Europe's future”	21.11.2022
PLASTICS AND CLIMATE Net-zero plans not enough to keep global warming at 1.5C / Faster decarbonisation action, focus on cutting consumption priority – ZWE report	18.11.2022
PLASTICS AND ENVIRONMENT EMF says most firms to miss 2025 packaging targets / PCR use generally higher in 2021 / Virgin plastics consumption back to 2018 levels / Global progress report	16.11.2022
CONSUMER GOODS BPF highlights 15 products and initiatives that promote recycling and sustainability	15.11.2022
BIOPLASTICS Study casts doubt over home-compostable plastics packaging / Researchers question “effective or environmentally beneficial” waste processing method	11.11.2022
CIRCULAR ECONOMY German federal cabinet approves law to set up a single-use plastics fund / Trade associations criticise unnecessary bureaucratic costs	11.11.2022
PLASTICS AND ENVIRONMENT UK: Recoup first 'supporter' of BPF's Ocean Clean Sweep scheme / Over 140 members sign up against pellet loss	09.11.2022

Markets

PU MARKET Economic uncertainties dampen demand in EMEA and Americas / Production static in Europe in 2022 but up in Americas / IAL Consultants reports	25.11.2022
LOGISTICS Strikes and Covid lockdowns rupture global supply chains / Will the European petchem and polymer industries be dragged into the mess? / Prices for container freight stagnate	24.11.2022
FLEXIBLE PACKAGING Latest industry developments: Ceflex and Alliance to End Plastic Waste collaborate on huge recycling facility / Flexibles market to grow 4.9% by 2030 / Siegwerk, Henkel develop new oxygen barrier coating	24.11.2022
KAZAKHSTAN KazMunayGaz starts up 500,000 t/y PP complex / Construction of cracker, butadiene plant / PE production planned	23.11.2022
GERMAN ECONOMYY SMEs must reorient themselves due to energy crisis / Four out of five companies in the chemical industry under massive pressure / DZ Bank survey	22.11.2022
RUSSIA Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production	21.11.2022
LOGISTICS Germany's DB Cargo to increases freight rates up to 45% / Criticism from trade associations	21.11.2022
PLASTICS AND ENERGY Germany completes first marine LNG terminal / Questions about speed of build up	18.11.2022
LOGISTICS China sends huge trains west / LyondellBasell to charge for late returns of tank wagons / Ports suffer from freight declines	17.11.2022
ENERGY COSTS Natural gas prices down sharply in October / Crude edges higher	16.11.2022

Production and Engineering

AVERY DENNISON CO2 emissions reduction with switch to reusable plastic pallets / Partnership with Tosca in the EU, UK	23.11.2022
E&E RECYCLING New protocols on recovery, reuse, ecodesign for E&E components / Multinational C-Servees project	18.11.2022
NOVA CHEMICALS Launch of 100% PCR rPE for packaging	14.11.2022
AVIENT Gravi-Tech PP grades to replace metal in cosmetic products	14.11.2022
BRÜGGEMANN Additives to stabilise polyolefin recyclates	09.11.2022

Management

MANAGEMENT Soaring Asian write-offs hit liquidity / Use of trade credit rises / Strong financial management needed / Atradius report	07.09.2022
MANAGEMENT N. American firms take steps to reduce credit risks / Fewer days between invoicing, payment / Atradius report	25.08.2022
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

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Date of print: 26/11/2022
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