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Latest european plastics news

Companies

27.05.2022 SOLVAY  Expansion of LFT high-performance compounds in Belgium / Range of epoxy resin prepregs also extended

26.05.2022 PETKIM  Q1 net profit nearly doubles as revenues soar 127% / Sales volumes drop 7%

26.05.2022 COVESTRO  Collaboration with Stratasys on 3D printing filaments / Green hydrogen alliance

26.05.2022 LEONI Wiring system specialist shrinks further with sale of automotive cable business / First quarter ends in the red

25.05.2022 MITSUBISHI CHEMICAL  Added focus on POM production in China / Partnership with Japan's Polyplastics

25.05.2022 SOLVAY Q1 double-digit growth in all businesses / Outlook for 2022 upgraded

25.05.2022 RENAULT  French carmaker “sells” Russian ops / Buyback possible / Deal could serve as blueprint for other firms

25.05.2022 BASF New antioxidant line added in Singapore / Output for Middle East and Asia-Pacific

24.05.2022 TOTALENERGIES  Chemically reclaimed material to feed US resin production / Offtake agreement with New Hope Energy / European deal for supply of waste plastics from Belgian Vanheede

24.05.2022 REHAU German converter to sell Russian interests

24.05.2022 BRASKEM Q1 core profit falls on higher costs / Strong Brazilian real props up net profit / Sustainability efforts intensified

24.05.2022 TRINSEO  Q1 sales surge / Net income plummets on reserve building for possible EU fines / Myriad issues lower 2022 projections

23.05.2022 SCHUR FLEXIBLES  Media reports cite liquidity issues / Company says financing solid / Ex-managers under scrutiny / Is new ownership coming?

23.05.2022 WESTLAKE VINNOLIT New name for German PVC maker / Westlake standardises branding

23.05.2022 CELANESE  Record earnings in Q1 / Distribution changes for South Korean POM joint venture KEP

20.05.2022 FAURECIA Collaboration with Veolia for sustainable car interior compounds / 30% recycled content to be included from 2025

20.05.2022 TORAY  Construction of French chemical reclaim plant for PET / Cooperation with Axens

20.05.2022 FERNHOLZ Expansion of German film plant

20.05.2022 VALTRIS  Ownership change for US speciality chemicals maker / H.I.G. sells to SK Capital

19.05.2022 SAUDI ARAMCO  Oil giant ousts Apple as largest company in world / Energy trumps tech

More news...

People

31.03.2022 PLASTICS INDUSTRY ASSOCIATION President of US group exits after less than three years / No word on a successor

31.03.2022 LYONDELLBASELL Vanacker to assume CEO post on 23 May

24.03.2022 BOREALIS Mayer appointed VP of polyolefins, innovation

11.03.2022 NORDMANN Distributor taps Nahapetjan as MD of Czech unit

22.02.2022 BASF Saori Dubourg to lead plastics, petchem units

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Markets

27.05.2022 PLASTICS RECYCLING Hans-Josef Endres, IKK Germany: “There is a lack of higher-quality recyclates and standards!” / VDMA interview

27.05.2022 POLYPROPYLENE EUROPE  Sustainability to be key theme over next five years / Growth in recylate expected to be limited / AMI report

26.05.2022 LOGISTICS More logistics companies diversifying business model / Boom in trucks, but lack of drivers / Container freight rates still inconsistent

26.05.2022 RUSSIA  Price regulation seems to be having an effect / Sibur working on a substitute for import grades / Special focus on materials for packaging films and pipe extrusion / Western sanctions viewed as ‘sabotage'

26.05.2022 POLYCARBONATE SHEETS Current geopolitical, energy market reality cause for concern for EPSE

25.05.2022 PLASTICS INDUSTRY EUROPE PIE flash survey on Russian gas: Half of the firms fear supply stoppage / France, Germany expect greater impact / Higher polymer prices in emergency case / Stockpiling, search for new suppliers

25.05.2022 GERMAN ECONOMY  Ifo says business confidence improves / No sign of recession / Export outlook for plastics industry weakens again

24.05.2022 PLASTICS RECYCLING USA  US reclaim rate drops, waste generation soars / Senate introduces bill to improve recycling in rural America

24.05.2022 PLASTICS MACHINERY GERMANY Machine makers slash 2022 forecasts / Sourcing issues hurt producers

23.05.2022 ENERGY COSTS  Energy price shock provides catalyst for change / Potential for 10% margin improvements and 40% cut in CO2 footprint / McKinsey analysis

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Production and Engineering

27.05.2022 SABIC PBT grade made from rPET added to LNP Elcrin iQ line

18.05.2022 BASF Flame-retardant PA 6.6 product for electrical vehicle market

18.05.2022 SCHUR FLEXIBLES Vacuum packaging film without EVOH barrier

10.05.2022 SIDEL PET substitute for aluminium aerosol containers / Product suits traditional PET reclaim streams

09.05.2022 TRINSEO Sustainable ABS grades with lower carbon footprint

More news...

Industry

27.05.2022 MARINE LITTER South Korean carmaker Kia partners with The Ocean Cleanup / New automobiles could use 20% more reclaimed plastics

20.05.2022 PLASTICS EUROPE Plastics producers tap Dow VP ten Bruggencate to lead industry group / Sector faces range of pressing issues

20.05.2022 EUPC Benoît Hennaut from Herige elected new president

20.05.2022 PLASTICS AND ENVIRONMENT Spaceborne observation of waste sites / System said to identify areas for clean-up, improve enforcement of anti-dumping laws

19.05.2022 EPPA Heuer selected to chair association of European profile manufacturers

More news...

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