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Latest european plastics news

Companies

05.08.2020 LYONDELLBASELL  Net profit in Q2 down 69% as sales drop 39% / Higher Asian demand for PE / Completion of PO/TBA plant in Texas delayed by one year

05.08.2020 REYNOLDS Is Graham Packaging poised for sale? / Packaging group urgently needs liquid funds

05.08.2020 LERG Polish group takes over epoxy resin activities from Ciech

05.08.2020 SÜDPACK Flexible packaging producer expands site in Poland

04.08.2020 TRINSEO  Q2 sales and earnings badly dented by Covid-19 / Automotive shutdowns hit Performance Plastics

04.08.2020 VERSALIS Purchase of 40% stake in compounder Finproject completed

04.08.2020 ADIENT Car seat manufacturer plans to close French facility / Exclusive production for Renault

04.08.2020 TEKNI-PLEX Film extrusion back online in Italy following fire / First calender machine installed

03.08.2020 DUPONT  Q2 EBITDA down 20% / Net loss widens due to Covid-19 impacts and impairment charge in Transportation & Industrial

03.08.2020 POLYNT-REICHHOLD Plans to build a maleic anhydride line in the US / Backward integration of resin production

03.08.2020 SK CAPITAL  Acquisition of majority stake in Techmer PM / Purchase of Baker Hughes' speciality polymers business

03.08.2020 ASHLAND Sale of maleic anhydride business to AOC / Deal worth USD 100m

03.08.2020 RADICI  Polyamide specialist announces declines in sales and results for 2019 / Q1 2020 appears stable

03.08.2020 BRIGHT GREEN PLASTICS Former Imerplast business opens doors to new recycling plant

31.07.2020 CELANESE  Key Q2 earnings nearly halved as sales plunge 25% / Three European compounding sites to be closed and assets relocated to Italy

31.07.2020 PERLEN PACKAGING  Packaging film supplier publishes record figures / Parent company CPH under pressure

31.07.2020 ML POLYOLEFINS Launch of rHDPE blend for extrusion

30.07.2020 BASF  Pandemic leads to quarterly loss / Plastics businesses in slump / Q3 unlikely to bring relief / EU approves construction chemicals sale

30.07.2020 PETROCHEMICAL MARKETS  MDI: Covestro declares force majeure in EMEA region

30.07.2020 DOW POLYURETHANES Partnership with French mattress recycler Eco-mobilier / Supply of post-consumer PU foam

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People

24.07.2020 DELLNER BUBENZER Mikael Petersson is next CEO for UK-based Dellner Polymer Solutions

13.07.2020 CONSTANTIA FLEXIBLES Former RPC head Pim Vervaat is new CEO

06.07.2020 INEOS STYROLUTION Management board changes coming up

26.06.2020 INEOS STYROLUTION Steve Harrington appointed CEO / Kevin McQuade to become chairman

25.06.2020 PLASTICSEUROPE Covestro CEO Markus Steilemann is new president

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Markets

05.08.2020 PETROCHEMICAL MARKETS  PA 6.6: BASF announces price hikes across entire chain / Producers have been trying to halt erosion since 2018 / Butachimie's maintenance brought forward

28.07.2020 PLASTICS TAX EU parliament rejects council's coronavirus recovery package / Tax on non-recyclable plastic packaging a target / EuPC warns levy will not improve recycling

24.07.2020 AUTOMOTIVE INDUSTRY TURKEY  Car sector sees severe coronavirus-losses in production and foreign trade / Supply chain problems / VW plans for new plant halted

22.07.2020 CORRECTION - GLASS FIBRE PRODUCTS  Anti-dumping tariffs on continuous filament glass fibres from Egypt in effect

21.07.2020 THE NETHERLANDS  “Recycling is good, reuse is even better” / Offensive against packaging waste

20.07.2020 TURKEY  Plastic packaging demand stable in 2019 / Output lifts 2% and exports rise 7%

17.07.2020 PLASTICS PROCESSING GERMANY  Well equipped for second Covid-19 wave / Advantages of global and local supply chains / Companies focus on liquidity

17.07.2020 ETHYLENE EU commission fines Celanese, Clariant and Orbia / Companies implicated in illegal C2 purchasing scheme

13.07.2020 BOPP FILMS Global demand continues to expand despite coronavirus-related slowdown / Strong growth in emerging markets / AMI report

09.07.2020 PIE READERS SURVEY Fourth poll on business developments in the European plastics industry / Only participants receive the complete evaluation

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Production and Engineering

03.08.2020 MITSUBISHI CHEMICAL Partnership with German start-up on PBT powder for 3D printing

31.07.2020 MONDI South African packaging giant produces recyclable polypropylene film for Hütthaler

27.07.2020 RADICI  Italian producer launches range of polyamides

23.07.2020 LANXESS Launch of polyamide 6 grades containing recycled glass fibres

17.07.2020 EVIAN Water group launches 100% recycled plastic bottle

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Industry

03.08.2020 AUSTRIA  Greenpeace criticises poor recycling rates for PET bottles / “Increase the proportion of returnable containers”

31.07.2020 MARINE LITTER New studies show level of microplastics pollution in London's Thames river

30.07.2020 PLASTICS AND ENVIRONMENT Proliferation of microplastics in Italian lakes up 400% in three years / “Life Blue Lakes” study funded by EU and PlasticsEurope

30.07.2020 COREPLA Giorgio Quagliuolo becomes next president of Italy's plastic packaging recovery consortium

29.07.2020 PLASTIC CARRIER BAGS US retail giants CVS, Target and Walmart launch bag redesign initiative / USD 15m commitment

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