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Polymer Materials

08.08.2023 GR3N  Swiss tech developer plans chemical recycling plant for PET / JV with Spain's Intecsa / Reclaim to include bottles, packaging, textiles

08.08.2023 UPM BIOCHEMICALS  Finnish firm buys Germany-based SunCoal / Wood to serve as raw material for PETG

07.08.2023 TRINSEO  Dismal results end in huge Q2 loss / More restructuring announced / Permanent closure of Terneuzen styrene plant

07.08.2023 BASF  Polyisobutylene capacity increase announced for headquarters site

04.08.2023 LANXESS  Cutbacks to hit jobs, spending / Plans target savings of at least EUR 100 mn this year / Q2 earnings continue lower

04.08.2023 BASF  Chinese MDI joint venture with Huntsman to end

04.08.2023 LOGISTICS  Italy reconsiders Silk Road project / Typhoons hamper ops at southeast China ports / Sino-US freight rates rise ahead of Yuletide trading

03.08.2023 COVESTRO  Continued weak demand depresses earnings / No economic recovery likely in H2 / Thorsten Dreier new chief technology officer

03.08.2023 VERSALIS  Polymer producer suffers second straight quarterly loss / Parent cites low demand, market issues for decline

01.08.2023 CHINA  Typhoon Doksuri slows deliveries / Several Chinese ports closed

01.08.2023 KAZAKHSTAN  Sibur may lose 10% of stake in Silleno complex to Sinopec / Local demand for PP, PE set to nearly double by 2030 / Gas processing plants planned for coming years

01.08.2023 SABIC  Resin maker studies capture of emissions data / Blockchain to play role in research

31.07.2023 PETROCHEMICAL MARKETS  Styrene: Plant failure at Trinseo exacerbates situation / Spot prices surge

31.07.2023 BASF  German giant to reduce investments / Detailed Q2 report shows tough time for plastics / Earnings, sales fall sharply in H2

28.07.2023 PET RECYCLING  Price trumps the environment / Urgent letter from French recycling group

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