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Companies

20.02.2023 INEOS OLEFINS  EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026

20.02.2023 SGT  French PET preform producer sells company stakes / Recyclate production increased / Expansion of international business

20.02.2023 UPONOR  Joint project demonstrates chemical recycling of PEX pipes / High yields achieved / Partners assess further opportunities

17.02.2023 VESTAS  Wind turbine maker deep in the red / Recycling approach for epoxy resin-based rotor blades

17.02.2023 TOTALENERGIES  Earnings skyrocket at petchem unit / Strikes cut output

17.02.2023 QUANTAFUEL  Local approval to build UK chemical recycling plant / Completion expected in 2025

17.02.2023 TORAY  Expansion for PPS base polymer in South Korea

16.02.2023 SINGLE-USE PLASTICS  LYB, Braskem respond to report on top producers of resins for single use / Indorama stays mum despite “positive outlier” rating / Most major firms decline comment

16.02.2023 COVESTRO  EUR 200 mn chlorine plant onstream in Spain / European MDI network strengthened / Energy saving by up to 25%

16.02.2023 ORBIS  Transport packaging manufacturer opens Belgian centre for production, distribution

15.02.2023 UN PLASTICS WASTE TREATY  First meeting on global rules reveals discord / 50-country bloc demands lower resin output, bans for some grades / Industry role in negotiations criticised / Next talks due in May

15.02.2023 LOTTE INEOS  Another large-scale VAM plant in South Korea / Ineos focuses on imports for the European market

15.02.2023 EMS  Polyamide specialist reports record sales / Profits fall / CEO Martullo-Blocher cites strong growth potential in China

14.02.2023 ENVIRONMENTAL ACTION USA  Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules

14.02.2023 BRAZIL  Plastics converters want to continue pushing exports / Competitive advantages through lower cost base

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