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WAR AS A REASON FOR INVOKING FORCE MAJEURE
Four questions for commercial law expert, Peter Coenen
27.05.2022
RUSSIA
Price regulation seems to be having an effect / Sibur working on a substitute for import grades / Special focus on materials for packaging films and pipe extrusion / Western sanctions viewed as ‘sabotage'
26.05.2022
PLASTICS INDUSTRY EUROPE
PIE flash survey on Russian gas: Half of the firms fear supply stoppage / France, Germany expect greater impact / Higher polymer prices in emergency case / Stockpiling, search for new suppliers
25.05.2022
GERMAN ECONOMY
Ifo says business confidence improves / No sign of recession / Export outlook for plastics industry weakens again
25.05.2022
TOTALENERGIES
Chemically reclaimed material to feed US resin production / Offtake agreement with New Hope Energy / European deal for supply of waste plastics from Belgian Vanheede
24.05.2022
ENERGY COSTS
Energy price shock provides catalyst for change / Potential for 10% margin improvements and 40% cut in CO2 footprint / McKinsey analysis
23.05.2022
SAUDI ARAMCO
Oil giant ousts Apple as largest company in world / Energy trumps tech
19.05.2022
GLOBAL TRADE
Ukraine war cuts business confidence / Insolvencies to rise over 10% / Allianz Trade survey
17.05.2022
BRASKEM
Collaboration with Lummus on green ethylene / Support for circular economy
16.05.2022
PETROCHEMICAL MARKETS
VAM: Celanese declares force majeure for several acetic acid derivatives / Move impacts EVA, EVOH
12.05.2022
PIE FLASH SURVEY
Last chance to participate in PIE poll on Russian gas
11.05.2022
GLOBAL TRADE
IFW Kiel: World commerce steadies after war rattles markets / Container shipping congestion remains high
11.05.2022
BOREALIS
Adnoc to take Mubadala's 25% stake in Austrian polymer producer / Move linked to possible Borouge IPO
11.05.2022
INEOS
Green hydrogen projects take firmer shape / Funding from Enova to fuel electrolysis project in Norway
10.05.2022
VERSALIS
Cracker in Porto Marghera decommissioned
10.05.2022
CHEMICAL INDUSTRY GERMANY
Russian oil embargo to spur problems / End of gas shipments would be worse
09.05.2022
PETROCHEMICAL MARKETS
PU: BASF declares force majeure for polyether polyols, PU systems in EMEA
06.05.2022
SUMITOMO CHEMICAL
Exit from caprolactam production in Japan
06.05.2022
PIE FLASH SURVEY
Chance to join short survey on Russian natural gas and possible impacts of any supply stoppage / Participants to receive exclusive polling results
04.05.2022
GERMAN ECONOMY
Ifo Institute: Firms express less pessimism after terrible March poll result / Material shortages ease / Decline in number of companies worried about survival
03.05.2022
BRASKEM
JV for bio-based MEG with Japanese wholesaler Sojitz / First plant to start in 2025
28.04.2022
INDORAMA
Acquisition of Vietnamese PET converter
28.04.2022
PETROCHEMICAL MARKETS
PVC: Vinnolit declares force majeure at two German plants / VCM supply issues impact French Kem One
27.04.2022
LYONDELLBASELL
Operation of Houston refinery to stop by 2023-end / “Best strategic and financial path forward”
26.04.2022
PETROCHEMICALS USA
EPA to review permit process for Louisiana plants / Focus on Gulf Coast petchems corridor dubbed “Cancer Alley”
25.04.2022
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