Consequences of war: Karpatneftekhim closes plants / Transport affected / Oil, gas, naphtha all up sharply / Polymer prices likely to react / Little local petchem capacity

Russia February 2022: Inconsistent price development in February / PS significantly more expensive / Some strong price hikes seen from early of March / Imports initially suspended at beginning of month

Russia's attack on Ukraine impacts situation in logistics industry / Land connections between China and Europe largely cut / Closed airspaces make switch to air freight difficult

Base petrochemicals, aromatics and feedstocks: February/March 2022

Polyethylene February 2022: PE prices under pressure despite higher C2 costs / Producers' calls for price hikes fail due to weak demand / Only partial implementation of ethylene increase likely also in March / EVA meanwhile continues to soar

Polypropylene February 2022: Homo mostly rolls over / Copo grades lose ground / Film demand disappoints / Automotive orders sink again / More imports

PVC February 2022: Prices continue to climb / End of two-month breather for base material / Ukraine war likely to cause further hikes in March

Styrenics February 2022: Prices fall in the slipstream of decreased styrene reference / Price declines, however, only a brief intermezzo / Uncertainty due to Ukraine war drives prices up in March

PET February 2022: Upward pressure increases / Supply situation tightens / Pre-seasonal rise in demand / Ukraine war casts pall / Price hikes coming

Cefic says output in Europe rose 6% in 2021 / 2.5% growth expected this year

Engineering thermoplastics February 2022: With the exception of PC, most prices roll over / Supply and demand generally very weak / Minor price increases expected in March / Substantial price rise for glass fibres

Energy company to restructure / McKee to helm largest division / Investments in polymer recycling, CO2 storage

Expansion of PA, PPA market in Europe / Consolidation of Ultramid portfolio

Celanese to pay USD 11 bn for broad range of plastics operations

More PVDF capacity in France / Strong demand for EV batteries

Recycled feedstock for Total Energies / Spanish production set for 2023

OECD report underlines need for global action on plastics and waste / Plastics lifecycle only 8% circular / Study issued days before major UN environmental meeting

EU renews call for global regulation of plastics / WWF says polymer pollution now in “every part of the ocean” / UN to discuss global treaty

Most plants worldwide still in test operation / Controversies about risks and benefits / Studies by ecoprog, WWF and DUH

Launch of RecoTrace plastics recycling monitoring system / EuPC's updated MORE system now CPA-compliant

Europe, US lead world in plastics recycling innovation / Healthcare out front in bioplastics advances / European Patent Office study