Markets Polymer Materials Petrochemicals

SAUDI ARAMCO Construction underway on South Korean cracker / Project signals latest step of major investment	24.03.2023
WORLD ECONOMY IfW Kiel forecasts 0.5% German growth this year / Ifo predicts small contraction / ECB raises outlook for Eurozone	20.03.2023
LYONDELLBASELL Production begins at PO plant in Texas	20.03.2023
CHEMICAL INDUSTRY Germany: Dark clouds outnumber bright spots / Modest progress in Q1 / Gas crisis averted / Sales, output to fall again this year	16.03.2023
EUROPEAN CHEMICAL INDUSTRY EU output shrinks 6% in 2022 / Capacity usage dramatically low / Expensive energy mars competitiveness / “Green” goals a challenge	14.03.2023
ENERGY COSTS Gas prices plunge / Crude falls again	14.03.2023
GLOBAL COMMERCE China, Gulf countries move closer to free-trade zone / Beijing, Riyadh strengthen ties / Sino-Arab deals on the rise	10.03.2023
INVISTA Murphy tapped as new CEO / Major expansion of materials business / Company exits carpet fibres	10.03.2023
RUSSIA A year of war takes toll on Russian plastics, chemical industries / State payments support refineries	06.03.2023
OMV Petrochemical group to build large-scale chemical recycling plant by 2027	02.03.2023
BASF Management swings the axe / Production of TDI, caprolactam to end at HQ site / Plans to reduce adipic acid output / Company forecasts weak H1	28.02.2023
INEOS Billion-dollar deal for onshore Texas oil, gas / Foot in the door for future fracking?	28.02.2023
MOL Revenues, profits soar in 2022 / Charges for fuel price regs, taxes hit USD 1.6 bn / Plans to expand Adriatic pipeline	28.02.2023
ECONOMIC OUTLOOK Mixed signals suggest German recession still lurking / Eurozone data improve again	23.02.2023
BRASKEM Cooperation with Finland's Coolbrook to assess electric olefin cracker technology / Pilot project planned	22.02.2023
INEOS OLEFINS EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026	20.02.2023
GERMAN ECONOMY Business development better than expected / Official warns against celebrations / Low willingness to invest spurs concerns – DIHK study	15.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
GERMAN PACKAGING MARKET Trade group survey sees end of downward sales trend / Earnings projections remain negative	13.02.2023
TURKEY Death toll rising by the hour / PTA shipments from Asia affected by the earthquakes / Port of Iskenderun out of service / Köksan's PET production suspended	08.02.2023
ENERGY COSTS Natural gas prices fall sharply in January / Oil edges higher	08.02.2023
PERSTORP Company touts “critical” step toward carbon neutrality / EU Innovation Fund Awards EUR 97 mn to Project Air	06.02.2023
GERMAN LABOUR MARKET Plastics industry particularly hard hit by staff shortages – DIHK survey	30.01.2023
COVESTRO / LANXESS Chempark neighbours share sustainability resources / Cooperation to curb CO2 output / ISCC-PLUS certification	27.01.2023
UPDATE - USA Texas in the grip of tornadoes / Power outages paralyse petrochemical industry / Europe's supply possibly not affected	26.01.2023

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