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ENERGY COSTS
Natural gas price skyrockets / Crude demand falls / Commodity prices up more than 10% in a month
22.09.2022
PETROCHEMICALS
Trade and market disruptions worsen / Increase in PE, PP capacities / Ongoing investment in chemical recycling and decarbonisation projects
22.09.2022
FORMOSA
District Court in Louisiana cancels environmental permits for Sunshine Project / Major petchem site under intense pressure
22.09.2022
LANXESS
Scope 3 climate neutrality by 2050 / Higher earnings expected this year
21.09.2022
PLASTICS PACKAGING
German packaging association discusses EU plans for minimum recyclate content
20.09.2022
WORLD ECONOMY
IfW Kiel slashes growth expectations / Eurozone moves toward recession / Germany faces “lean years”
16.09.2022
BIOPLASTICS
Peer-reviewed study shows low CO2 footprint for bio-based PEF versus PET
15.09.2022
PETROCHEMICAL MARKETS
Polyamide 6.6: Radici declares force majeure for resin, adipic acid
14.09.2022
BASF
Production, procurement deal for pyrolysis oil from Arcus / First commercial chemical reclaim plant in Germany
14.09.2022
ENERGY
The worst is yet to come: French, German plastic packaging groups warn of impact from soaring prices / Survival at risk for 60% of UK manufacturers
12.09.2022
ENERGY
New UK Prime Minister offers support for energy costs / Move to help households, businesses
12.09.2022
POLYOLEFINS
Resin producers want to retain part of decreased raw materials costs / LyondellBasell plans “fair” energy surcharge to slow down polymer price drop / More reports of shutdowns
08.09.2022
SINOPEC
Net profit jumps in H1 / Discounted Russian crude bolsters operations / Ethylene output to increase / Contractor pulls out of Amur facility
07.09.2022
US TAX LAW
“Superfund” environmental tax returns / Many plastics, intermediates affected / Levy unlikely to impact European market
07.09.2022
PETROCHEMICAL MARKETS
Polynt probably shuts down some Italian facilities for the production of intermediates
05.09.2022
BASF
First electric steam cracker to be connected to grid in 2023 / Demonstration plant with partners Sabic, Linde / German government grants of almost EUR 15 mn
05.09.2022
INEOS
Acquisition of Mitsui phenol unit boosts production by 1 mn t/y / Entry into Asian market / BPA now part of portfolio
31.08.2022
UPDATE - PETROCHEMICAL MARKETS
PVC: Vynova throttles European plants
31.08.2022
RAW MATERIALS
German shortages ease in August / Plastics, rubber shops report better-than-average sourcing
31.08.2022
AVANTIUM
Offtake agreements with luxury group LVMH and AmBev brewery for purchase of PEF / H1 income loss widens
31.08.2022
BASF
German chemical giant to work with Sulzer on sustainable technologies / Duo to focus on chemical recycling of mixed plastics
29.08.2022
GERMAN ECONOMY
Expectations at plastics and rubber firms lowest since Q3 2020 / Chemical companies report worst environment in over three decades / Ifo survey
26.08.2022
PETROCHEMICAL MARKETS
Polyamide 6: Domo Chemicals declares force majeure on the polymer and precursor caprolactam
25.08.2022
PETROCHEMICAL MARKETS
Polyamide 6: Poland's Grupa Azoty temporarily suspends polymerisation, production of precursor caprolactam
24.08.2022
UPDATE - BOREALIS
Resin maker scraps contracts to build Belgian propane dehydrogenation plant / Retender process underway / Move likely to delay completion
24.08.2022
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Date of print: 26/09/2022
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