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Companies

21.03.2022 AUTOMOTIVE INDUSTRY  European automakers, suppliers brace for further production slowdowns as war in Ukraine rages / Vehicle sales expected to suffer

21.03.2022 PETROCHEMICAL MARKETS  PVC pre-product line: increasing number of plant shutdowns / Naphtha cracker operators also under pressure

21.03.2022 SIBUR  Management board chair Konov quits over Russia sanctions / Ongoing cooperation with China

21.03.2022 AMAZON  Retail giant enters US energy department reclaim consortium / Work to focus on materials, energy-efficient recycling

18.03.2022 COMMODITY MARKETS  IEA plan cuts EU reliance on Russian gas by over 33% / Group suggests faster shift to green energy / Russian crude inflow to global market could fall as much as 3 mn bpd

18.03.2022 SAUDI ARAMCO  Deepening footprint in China / Participation in liquids-to-chemicals complex / MoU with Sinopec on downstream cooperation

18.03.2022 OLIN  Epoxy resin production stopped in Germany / Costs too high

18.03.2022 LANXESS  2021 core profit rises in line with guidance / Higher energy, logistics costs hit earnings / Significant growth expected in 2022 / Impact of war in Ukraine undetermined

17.03.2022 COMMODITY MARKETS  Tough to gauge impact of embargo on Russian oil, natural gas / EU distribution issues could emerge / Russia source of 14% of German naphtha imports

17.03.2022 BASF  Expansions planned for plastic additives / More capacity for HALS

17.03.2022 LEONI  Partial outages likely at Ukrainian sites / Task force to tackle production issues / Forecast for 2022 scrapped

16.03.2022 SOLVAY  Company plans split into two units / Specialities to form new core / Divestment of standard chemicals seems likely

16.03.2022 DUPONT  Energy surcharge planned for polyimide films

16.03.2022 LANXESS  Significant price hike for PU precursor hexanediol

16.03.2022 HEXPOL  Swedish compounder snaps up majority holding in German rival

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