Markets

EUROPEAN PLASTICS RECYCLING Capacity jumps on back of massive spending / Industry needs more funds to meet goals / PRE welcomes SUP directive / EU sustainable finance platform attracts trade groups	21.03.2023
UNIVAR US investor Apollo offers over USD 8 bn for distributor	21.03.2023
TOTALENERGIES Plans for French value chain for ‘advanced' reclaim of plastics film / Processing to begin in 2024	21.03.2023
WORLD ECONOMY IfW Kiel forecasts 0.5% German growth this year / Ifo predicts small contraction / ECB raises outlook for Eurozone	20.03.2023
PLASTICS AND HEALTH US to finally regulate “forever chemicals” / EPA proposes limits for PFAS in drinking water / Europe also on the case	20.03.2023
LYONDELLBASELL Production begins at PO plant in Texas	20.03.2023
EUROPEAN EV MARKET Paradigm shift in car industry / Trade group says half of European-made cars in 2023 will be electric / Tough times at ContiTech	17.03.2023
MORRISONS Major UK supermarket to reclaim troublesome food packaging / Facility to close loop for recycling	17.03.2023
LOGISTICS China delivers largest container ship in history / South Korea plans nuclear-powered freighters / Shipping firms threaten to reduce capacity	16.03.2023
RECYCLING EC study confirms plastics waste recycling preferable to incineration / Cefic highlights importance of chemical recycling	16.03.2023
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
SK CHEMICALS Chemical recycling: EUR 92 mn deal with China's Shuye / Agreement includes depolymerisation plant for rBHET and rPET	16.03.2023
SAPA Italian automotive supplier acquires majority stake in Hispamoldes / Integration into newly created Grupo Indea	16.03.2023
BURGER KING Fast-food giant starts deposit-return scheme in Germany / Partnership with Recup for reusable cups	16.03.2023
POLYURETHANE FEEDSTOCKS European Commission to amend workplace exposure limits for diisocyanates / New rules “key” to climate neutrality transition / Industry groups welcome EU-wide harmonisation	15.03.2023
USA Plastics Pact report indicates US falling short of 2025 recycled packaging targets / Need to speed up implementation	15.03.2023
BASF BTC Europe signs deal with India's SCI / Distribution of pigments in Europe	15.03.2023
ALPLA Expansion of pharma division / JV with Spanish bottle maker Inden Pharma	15.03.2023
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
MCDONALD'S EU reuse targets to increase plastic packaging waste up to 300% – Kearny study / Fast food giant's official says regulation hurts economy, environment	13.03.2023
GERMAN MACHINE MAKERS Orders plummet in January / Sales grow	13.03.2023
SUSTAINABLE PACKAGING Design for recycling guide now in Arabic, Czech, Spanish / Plastics drive range of advances / RecyClass approves HDPE tube / Bioplastics for LVMH perfume caps	13.03.2023
UPDATE - DOMO CHEMICALS Supplier seals polyamide deal with South Korean compounder / Move brings resin to nearby car, electronics makers	13.03.2023
PPC FLEXIBLE PACKAGING US supplier acquires Israeli firm StePac / First site across the Atlantic	13.03.2023

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