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Latest european plastics news

Companies

22.01.2021 BASF  Q4 operating profit soars 32% year-on-year / Sales jump 8% / Earnings for materials, chemicals and industrial solutions beat market consensus

22.01.2021 BOREALIS German pilot plant for mechanical recycling / Project for post-consumer recyclates with Tomra

22.01.2021 OERLEMANS Investments at Dutch plastics factory / Expansion of production and office facilities

21.01.2021 SCG PACKAGING Acquisition of British foodservice packaging solutions provider Go-Pak

21.01.2021 CARCLO  British injection moulder signs major manufacturing deal for medical devices / 10-year agreement with global OEM worth up to EUR 17m / Appointment of non-executive director

20.01.2021 SINOCHEM  Subsidiary Luxi Chemical to build new caprolactam and PA 6 plants

20.01.2021 AGILYX Progress for recycling facility in Japan

20.01.2021 BIESTERFELD Distribution rights for Denka's acrylate rubbers

18.01.2021 NOVAMONT  Bioplastics supplier buys Norway-based Biobag

18.01.2021 RADICI PA specialist invests EUR 15m in production line for meltblown nonwovens / Aim to reduce dependence on imports for face masks

18.01.2021 SINOPEC Construction for EUR 444m large tow carbon-fibre plant begins in China

18.01.2021 SONGWON Distribution agreement for PVC additives in India with Makwell Plastisizers

18.01.2021 ETIMAG Turkish label maker forms subsidiary / Purchase of Brückner system for shrink film production

15.01.2021 BASF New technical development centre opens in Thailand

15.01.2021 WIRTHWEIN German auto supplier assumes full control of Chinese JV / Higher capacity utilisation with follow-on orders

15.01.2021 ADDMASTER UK additives company snapped up by Swedish rival

14.01.2021 BASF  Closure of “Ultramid” compounding plant at Leuna / Concentration at three sites

14.01.2021 SASOL Sale of PE producer Gemini to Ineos completed

14.01.2021 AGILYX Feasibility study with Braskem for plastics recycling project in North America

14.01.2021 ADIENT  Chinese auto supplier Nobo takes over German interiors plant / German base for Great Wall Motors

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People

19.01.2021 KRAUSSMAFFEI Bharat Sharma is the new VP of Asia-Pacific region

11.01.2021 PLASTICSEUROPE DEUTSCHLAND Ingemar Bühler named CEO of German branch

07.01.2021 NEXEO Joost d'Hooghe appointed VP of EMEA

05.01.2021 VERSALIS Adriano Alfani appointed CEO

05.01.2021 GKV Julia Große-Wilde named managing director of German processors association

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Markets

22.01.2021 ABS  End of price boom in sight / Arbitrage window for exports to China closes / Imports from Far East expected to pick up again and improve domestic supply in Q2 / Subsequent price adjustments possible

22.01.2021 PLASTICS RECYCLING CHINA  Unilever and online trading giant Alibaba to cooperate in China / Over 500 reverse vending machines

21.01.2021 PETROCHEMICAL MARKETS European plastics processors alarmed by forces majeures / EuPC and French umbrella organisation Polyvia reminded of 2015 / German engineering plastics converters see signs of bottlenecks

21.01.2021 PLASTICS INDUSTRY  Pandemic hits economy / Global plastics production nears 370m t in 2019 / European output loses market share / Full recovery expected in 2022 / PlasticsEurope report

21.01.2021 PLASTICS RECYCLING EUROPE  Recycling capacity of 8.5m t in Europe / PET, LDPE, HDPE and PP frontrunners

21.01.2021 ITALY Italian plastics and rubber machinery output craters in 2020 / Exports plummet / 2021 rebound "likely"

20.01.2021 PACKAGING  Rising pressure to increase use of recyclates and recyclable packaging / Recycled material will continue to sell at a premium / Smithers report

20.01.2021 PETROCHEMICAL MARKETS  Borealis' cracker in Sweden back online after eight months

20.01.2021 PACKAGING RECYCLING AUSTRIA Coronavirus pressures 2020 results / Plastics packaging shows 1% increase / Stable tariffs

18.01.2021 CHINA  Shandong Chengtai starts construction of new MMA plant / Expansive capacity buildup in China

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Production and Engineering

21.01.2021 CELLUGY Sugar-based barrier seen as alternative to PE coatings for packaging

19.01.2021 SABIC Launch of nanotechnology-based compound for PET foams / Core materials for wind blades

19.01.2021 VISCOFAN Joint development of recyclate-based multilayer sausage film / Cooperation with Cepsa, DSM, Fibrant and Sabic

15.01.2021 RESEARCH  Scientists reveal details of project on mixed plastics recycling and a new wood-derived polymer solution

12.01.2021 PEXOPOL Addition of ABS regranulates to product portfolio

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Industry

19.01.2021 RECYCLING UK Operational recycling capacity of BPF members seen at 74% in 2021 / Government funding needed for reclaim infrastructure / UK trade group publishes first sustainability report

14.01.2021 PLASTICS WASTE  New rules on exports from the EU in effect / Notification required for shipping hazardous material / Amendment to Basel Convention

14.01.2021 MEXICO Mexico City bans single-use plastic bags / Producers voice displeasure with move

13.01.2021 UK Government says pandemic could affect country's ability to reduce plastic waste

11.01.2021 SWITZERLAND  Parliament discusses tax on single-use plastic packaging / Action called for in 2025

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