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Polymer Materials

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

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

16.03.2022 LANXESS  Significant price hike for PU precursor hexanediol

16.03.2022 HEXPOL  Swedish compounder snaps up majority holding in German rival

16.03.2022 POLYSTYRENELOOP  European EPS recycling initiative announces bankruptcy / Soaring energy costs bury scheme

15.03.2022 UKRAINE  War hits plastics processors / Stoppages at units in Ukraine, Russia / Concerns rise over price hikes, supply shortages / Moscow mulls expropriations

15.03.2022 OQ CHEMICALS  Global price hikes for a number of intermediates

15.03.2022 BASF  Neopor EPS grade contains 10% recyclate / Mass balance approach

15.03.2022 SÜDPACK  Investment in German chemical recycler Carboliq to convert high-performance films / Engagement by Scholle IPN's owner family in Europe

14.03.2022 OMV  Talks with Alba on construction of German sorting plant / Engagement in Russia under review

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