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PIE 1101 of 24.06.2022
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Markets
PETROCHEMICAL MARKETS
C2, C3, PE: Borealis reports cracker shutdown in Sweden / Possible throttling of local PE lines
01.07.2022
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
RAW MATERIALS
Ifo Institute: Shortages in German plastics industry continue to ease / Bottlenecks expected until spring 2023
01.07.2022
LOGISTICS
Endless container chaos / Cancelled flights, port strikes further reduce transport capacity / Is the German holiday ban on lorries finally sending drivers around the bend?
30.06.2022
BOREALIS
OMV refinery in Austria to be down longer than expected / Crackers, polyolefin plants probably more severely affected
30.06.2022
PLASTICS MACHINERY GERMANY
Machine makers report reduced delivery capabilities / Improvement not expected until at least H2 2023 / VDMA flash survey
30.06.2022
PP RECYCLING
Global network conducts first full-scale trials for food-grade material with rPP
30.06.2022
CONSTANTIA FLEXIBLES
Collaboration with Plasthill on PE sealant films / CompresSeal offers up to 30% weight saving
30.06.2022
INNOVIA FILMS
Expansion in Germany to meet growing demand for thinner label films
30.06.2022
OCCIDENTAL PETROLEUM
US PVC subsidiary OxyVinyls plans conversion, expansion / Over EUR 1 bn investment in Texas
29.06.2022
PLASTICS AND ENVIRONMENT CANADA
Bans on single-use plastics to start in December / Domestic chemical association “disappointed”
29.06.2022
POLYSTYRENELOOP
German EPS converters rescue Terneuzen recycling plant from insolvency / Plant to restart soon
29.06.2022
REPSOL
EUR 4.5 mn investment boosts Spanish GFR PP output / News follows plans to build domestic plants for UHMW-PE, PEX
29.06.2022
ENERGY COSTS
Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI
28.06.2022
CHEMICAL RECYCLING
Technology has a role in circular economy / Significant growth projected if current constraints are overcome / Better sorting infrastructure needed / McKinsey analysis
28.06.2022
PLASTIC AND RUBBER MACHINERY
World production sets record in 2021 / China tops export for first time / Euromap says further growth in Europe this year “difficult”
28.06.2022
NESTE
Purchase of European rights for Alterra Energy liquefaction technology / Creation of Dutch chemical recycling JV with Ravago
28.06.2022
UNITECHEM
Expansion of plastic additives capacity in China / Plans to boost customer support in Europe / More products due for commercialisation
28.06.2022
PLAYMOBIL
Sales decline continues at German toymaker / Costs hit results / Transformation process launched
28.06.2022
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
DOMO CHEMICALS
Further expansion in North America / Search for polyamide waste collection partners
27.06.2022
COVESTRO
Deal to sell climate-neutral MDI to former JV partner Pearl
27.06.2022
BOREALIS
Expansion of production for PEX, semi-conductive materials / EUR 200 mn investment in Europe
27.06.2022
LANXESS
Pocan PBT materials for connector applications unveiled / Introduction of PU systems
27.06.2022
PETROCHEMICAL MARKETS
EVA: TotalEnergies declares force majeure on shipments from French site
24.06.2022
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