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News by region and country

Europe

04.12.2020 POLYMER PRICES  Engineering thermoplastics November 2020: Price increases for PC and PA after many months / Surprisingly high demand from automotive industry / Battle for material likely in December

04.12.2020 PERSTORP  New route to renewable methanol / Facility planned in Sweden

04.12.2020 VINK Semi-finished goods firm to acquire Mitsubishi Chemical unit's distribution network in Poland, Hungary

04.12.2020 PLASTIC CARRIER BAGS German Bundestag decides to ban plastic bags / Ultra-thin bags not affected

04.12.2020 RECYCLASS Recycled-content certification begins

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North America

04.12.2020 FEEDSTOCK MARKETS  PA 6.6: Ascend reports unplanned stoppage in Florida / Price upswing could accelerate

04.12.2020 WASTE MANAGEMENT Circulate Capital and Aavishkaar Capital invest USD 18m in dry-waste management in India

04.12.2020 GRAHAM PARTNERS  Acquisition of flexible packaging business from Berry Global / Operations to join newly named ABX unit

03.12.2020 TRINSEO  Significant price hike planned for PS, PC and ABS

02.12.2020 CHEMICAL INDUSTRY  Weaker demand dampens investment sentiment / Pandemic exacerbates downturn / Ethylene utilisation rates will likely remain weak / McKinsey report

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Australia

19.10.2020 MARINE LITTER Study says 14m t of microplastics in deep ocean / Deteriorating surface waste collects below

28.08.2020 MARINE LITTER  Microplastics in every seafood type tested / Ten times more plastics waste in Atlantic Ocean than estimated / New research throws light on scale of pollution problem

28.08.2020 REYNOLDS IPO launch of group could raise USD 750m / Name change to Pactiv Evergreen

03.06.2020 AMCOR  Earnings target for 2020 revised upward / Global plants operate with minimal interruptions due to Covid-19

06.03.2020 SINGLE-USE PLASTICS Major to-go food and drinks brands commit to reducing packaging waste

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Asia

04.12.2020 PETROCHEMICAL MARKETS  Polyethylene: Full shutdown of Saudi Arabian olefin complex in Al Jubail / Prices react to outage

04.12.2020 WASTE MANAGEMENT Circulate Capital and Aavishkaar Capital invest USD 18m in dry-waste management in India

03.12.2020 SIG COMBIBLOC Swiss firm acquires all of UAE-based JV

01.12.2020 INVISTA Additional line for PA 6.6 base polymer starts up in Shanghai

30.11.2020 SABIC  Development of thermoplastics with recycled content to meet customer demand / Properties tailored to differing industry needs

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South America

21.10.2020 SEKISUI  Worldwide price hikes for polyvinyl alcohols

25.09.2020 CELANESE  Global price hikes for VAM

23.09.2020 BRASKEM  Commercial production begins at new Texas PP plant

16.09.2020 PERLEN PACKAGING Swiss group to construct PVdC film plant in Brazil / Plans to acquire all of local partner / Funds PVC film calendaring build

26.08.2020 DSM  Global price increase for PA 6

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Africa

01.12.2020 INEOS / SASOL  Ineos to take 100% of Gemini HDPE joint venture for USD 404m

24.11.2020 DSM  Price increases for polyamide and PBT

10.11.2020 CIRCULAR ECONOMY UNEP calls on investors to back circular economy / More scrutiny of potential clients in financial industry's own interest / Plastics suppliers play important role / Pandemic has sent “mixed signals”

20.10.2020 POLYURETHANE  Supply situation for TDI and polyols critical / “Tremendous procurement problems” for processors / Hardly any imports due to shutdowns of US plants

14.10.2020 SASOL  Follow-up: Future European polyolefin distribution by LyondellBasell / Hardly any South African grades

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