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China

Latest news

14.04.2020 MONDI  Group holds off on proposed dividend due to coronavirus uncertainties / Lowered capex for 2020 / Flexible packaging demand for food and home care

07.04.2020 CORONAVIRUS  Wild West – did the US really confiscate medical masks destined for Berlin? / 3M under pressure from US “Defense Production Act”

07.04.2020 MEDICAL PLASTICS  China donates coronavirus supplies to EU / Testing kits and 2 million masks delivered to Italy

06.04.2020 PLASTICS MACHINERY  Operations continue amid production stoppages and Covid-19 measures / Supply chains largely intact / Automotive ordering grinds to a halt / Some services offered at the weekend

31.03.2020 PLASTICS MACHINERY  KraussMaffei closes plants in Germany and Slovakia / Engel's plants in Asia running under normal conditions

30.03.2020 KRAUSSMAFFEI  Frank Stieler hands over CEO role to Michael Ruf

27.03.2020 HAITIAN  Injection moulding machinery manufacturer sees sales drop / Assembly in China restarting after coronavirus

23.03.2020 PLASTICS PROCESSING  Economic consequences of Covid-19 to peak in next six weeks / Advice to converters – continue production at full speed, then stop / Germany's ArGeZ sees technical parts manufacturing halting between end of March and end of April

19.03.2020 LOGISTICS  Considerable delivery delays due to coronavirus pandemic / "Rotation has been disrupted" / Ships piling up at Chinese ports / Cargo rates collapsing / Situation not expected to normalise until after summer

18.03.2020 CHINA  PET inventories overflowing / India, Philippines and Russia top importers for Chinese bottle chips / Coronavirus pandemic won't improve oversupply

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