Markets Other Economic Trend

PLASTICS ECONOMY PIE Readers' Survey: Pessimism at the forefront in Europe / Half of respondents predict worse business for rest of 2022 / Staffing a non-issue / German-speaking Europe not threatened by global disruptions	11.08.2022
COVESTRO CEO Steilemann says Europe is heading for a long, deep recession / “Every watt counts”	10.08.2022
CHEMICAL INDUSTRY GERMANY Ifo Institute: Russian gas issues shatter sector confidence / Worst outlook in nearly 14 years	10.08.2022
WORLD ECONOMY IfW Kiel: Global trade down in July / Ukraine grain transport difficult	09.08.2022
PLASTICS WASTE European waste managers say energy recovery key to circular transition / Industry touts ability to help bridge gap in power supply	04.08.2022
EUROZONE ECONOMY July inflation nears 9%, sets third straight record / Q2 growth surprisingly strong / Analysts warn of slowdown / US in recession in H1	01.08.2022
UPDATE - RUSSIA Polymer industry hit by weak demand / Downward price trend in July / Exports in disarray / Packaging, car sectors suffer	29.07.2022
GERMAN ECONOMY Country on “cusp” of recession / Business confidence worst since June 2020	27.07.2022
EUROZONE ECONOMY Record price growth as business activity slows / Costs to remain high / European Central Bank rate hike larger than forecast / Recession imminent?	25.07.2022
RUSSIA No BMWs for Putin and his cronies / German exports to Russia fall again / Medication shipments increase / High energy prices create trade deficit	18.07.2022
CHEMICAL INDUSTRY GERMANY Storm brewing as firms struggle with "tsunami of rules" / VCI group sees "existential crisis" / Production to fall 4% this year / Gas rationing a concern	12.07.2022
LANXESS CEO Zachert warns of German deindustrialisation / JV with Advent for polyamides in e-mobility	12.07.2022
GERMAN ECONOMY DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years	07.07.2022
PIE READERS SURVEY Poll on global market disruptions, mood in European industry / Participants to receive exclusive evaluation of results	06.07.2022
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 MACHINERY GERMANY Machine makers report reduced delivery capabilities / Improvement not expected until at least H2 2023 / VDMA flash survey	30.06.2022
GERMAN ECONOMY Business confidence still falling / Ifo Institute says “chemical industry is thoroughly alarmed” / BASF mulls options for production at headquarters site	27.06.2022
RAW MATERIALS Decline in gas deliveries to Germany, France, Italy / Rome considers emergency measures	20.06.2022
WORLD ECONOMY IFW Kiel: High prices, bottlenecks slow recovery / Global GDP outlook revised lower/ Record order backlog at German industrial firms	20.06.2022
RAW MATERIALS Record prices for plastics in flexible packing in Q1 / Strong demand to continue in 2022	15.06.2022
PLASTICS AND FINANCE Consultant Brand Finance rates “most valuable” and “strongest” chemical brands / BASF, DuPont, Rongsheng, and Ineos in prominent positions	13.06.2022
FORCES MAJEURES +++ Update +++ Key questions concerning cases of force majeure / What plastics processors need to know / Updated PDF available for download – PIE Q&A	10.06.2022
SUPPLIER INDUSTRY German companies feel sandwiched due to cost increases for energy and raw materials / Fair distribution of burden called for / Better business expectations for auto suppliers	08.06.2022
INTERVIEW “Solution lies in unity” – Newly elected EuPC president Benoît Hennaut talks about the issues marring the plastics value chain, image management for the converting industry, and Europe's dependence on Russian gas	07.06.2022
EUROPEAN ECONOMY Eurozone inflation hits record 8.1% in May / Brent crude trades above USD 124/bbl as EU announces ban on Russian oil / Growth concerns mount	02.06.2022

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