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Latest european plastics news

Companies

18.08.2022 AVIENT  Former PolyOne sells distribution division to investor H.I.G. Capital / Proceeds to be used to pay off debts

18.08.2022 STRATASYS Acquisition of Covestro's Additive Manufacturing business for EUR 43 mn

18.08.2022 TRINSEO  Slowing demand and rising costs impact Q2 earnings / “Solid” results under challenging conditions / Outlook revised downward again

17.08.2022 BRÜGGEMANN Acquisition of Italy's Auserpolimeri / Expansion of plastics additives business

17.08.2022 MOL  Q2 earnings up on higher hydrocarbon prices / Petrochemical sales, margins down significantly

17.08.2022 INDORAMA VENTURES  PET world market leader continues to grow / Net profit more than doubles

17.08.2022 RÖCHLING Czech production being relocated to Tábor / Capacity expansion

16.08.2022 BRASKEM Petrochemical giant buys 61% stake in Brazilian recycler

16.08.2022 KANEKA Expansion of silicone polymer production in Europe

16.08.2022 RENOLIT Plastic films and sheet manufacturer establishes recycling JV / PVC production waste marketed with SRK

16.08.2022 EVONIK  Performance Materials segment drives quarterly results / Group raises sales forecast due to rising costs / “Growing uncertainties” cause for concern

15.08.2022 K.D. FEDDERSEN Plastics distributor acquires minority stake in Swedish wood fibre start-up

15.08.2022 POLYTEC Automotive supplier struggles with tough market conditions / Half-year earnings dissipate almost completely

15.08.2022 INEOS STYROLUTION Styrenics-based modifiers said to boost properties, enhance processing

12.08.2022 CLARIANT  CEO Keijzer: Company prepped for gas supply issues / Will Sabic increase or sell stake? / Interview with German newspaper

12.08.2022 AQUAFIL Italian producer completes pre-production trials of plant-based PA 6

11.08.2022 BASF  Virtual power agreements for US sites / Renewable solar, wind energy / Steps toward 2050 net zero target

11.08.2022 EASTMAN Q2 sales up nearly 5% / 2022 outlook confirmed / Price hikes ahead

11.08.2022 WALKI  Finnish packaging maker continues shopping spree / Local firms Flexipack, Westpak acquired

10.08.2022 COVESTRO  CEO Steilemann says Europe is heading for a long, deep recession / “Every watt counts”

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People

09.08.2022 BASELL ORLEN POLYOLEFINS O'Bert takes helm of LYB-PKN Orlen JV

19.07.2022 PLASTICS INDUSTRY ASSOCIATION Welcome back: chief econ Pineda returns / Association, former CEO prepare for their day in court

01.07.2022 ARKEMA Emmanuelle Bromet to take charge of sustainable corporate development

21.06.2022 KEM ONE CEO Chalmin departs / Successor expected to drive growth

16.06.2022 COVESTRO Markus Steilemann confirmed as CEO until May 2028

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Markets

18.08.2022 LOGISTICS Rhine River blocked by damaged freighter / Strikes at UK's ports imminent / Freight rates for containers hardly affected so far by China's Taiwan antics

18.08.2022 ENERGY COSTS  Subdued expectations reflected in falling crude prices / July report from German economic institute HWWI

18.08.2022 RECYCLING AUSTRIA  Packaging collection down slightly / Plastics recycling has considerable catching up to do / Digital recycling guide to be available this autumn

17.08.2022 ENERGY  Call for windfall tax on oil and gas profits to boost renewables spending / Cut in consumption, more investment needed to address energy crisis / UN report

15.08.2022 PETROCHEMICAL MARKETS  TDI: Covestro declares force majeure for production in Dormagen, Germany

15.08.2022 PLASTICS AND ENVIRONMENT  Plastics can have smaller carbon footprint than alternatives / Emissions profile key for environmental considerations / McKinsey analysis

15.08.2022 RECYCLING  Political demands need to be checked to ensure “they make sense”/ Insight on recycling from Herbold Meckesheim sales VP Ebel

12.08.2022 AUTOMOTIVE INDUSTRY  EU new car registrations down sharply in H1 / Battery-powered vehicles enjoy gains / Components makers continue to struggle

12.08.2022 RECYCLING FINLAND Raan Group, Reclay parent company, acquires stake in Finnish recycling association

11.08.2022 LOGISTICS  Germany's Rhine is suffering, and with it, the industry / Freight rates for inland navigation increase fivefold / Belly transports back to pre-crisis level

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Production and Engineering

15.08.2022 RESEARCH Project seeks to boost recyclate use in appliances / Partners act to exclude hazardous materials from reclaim loop

09.08.2022 ETIMEX PP film for yoghurt lids / Alternative to aluminium foil

01.08.2022 BLOCKCHAIN Japan's DIC launches pilot project with SAP / Technology to enhance PS food packaging circularity

28.07.2022 BIOPLASTICS  PLA compostability tool to reach climate-neutrality targets / Report by TotalEnergies Corbion

27.07.2022 CATALYST TECHNOLOGY Researchers seek to create methanol from CO2 / Aimplas oversees project between Europe, Japan

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Industry

16.08.2022 BLOCKCHAIN TECHNOLOGY  European Commission uses digital tools to help fight climate change / Countries link to set up cross-border infrastructure

15.08.2022 RECYCLING USA  California bill expands recycling scheme to wine, liquor bottles

12.08.2022 MARINE LITTER The Ocean Cleanup celebrates milestone waste collection in Pacific Ocean's Great Garbage Patch

08.08.2022 EU AND SUSTAINABILITY European car suppliers group joins EU-funded project / Partners seek to accelerate shift to sustainable materials, processes

05.08.2022 RECYCLASS Guide for designing recyclable plastics packaging

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