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Markets

11.03.2024 ERCROS  Portuguese chemical group Bondalti wants to buy PVC producer / Price collapse, low demand weigh on Ercros figures

11.03.2024 TURKEY  Plastic product consumption up in 2023 / Severe price drop for incoming, outgoing polymer shipments / Economic growth despite massive inflation

11.03.2024 RUSSIA  GDP grows 3.6% in 2023 on government spending in war-related sectors / Growth in 2024 seen up 2.5% for same reasons – Allianz Trade report

08.03.2024 PETROCHEMICAL MARKETS  Polypropylene: Outage at Sabic plant significantly exacerbates shortage

08.03.2024 PETROCHEMICAL MARKETS  PA 6: BASF declares force majeure at Texas site

08.03.2024 EUROPEAN CHEMICAL INDUSTRY  Industry ends 2023 on “a weak note” / Production, exports, imports down compared with 2022 / Uptick in investor confidence

08.03.2024 NATURAL GAS  Qatar plans expansion despite pricing woes / Europe may need LNG for 50 more years / US pause in export terminal approvals challenged

08.03.2024 AUTOMOTIVE  European suppliers applaud vote to adopt new EU patent regulation / Move protects R&D investment – Clepa

07.03.2024 LOGISTICS  Global shipping fleet payload grows over 3% in 2023 / Polish trucks block border to Ukraine / Ongoing Red Sea crisis impacts supply chains

07.03.2024 PLASTICS RECYCLING EUROPE  Rise in plastics waste exports, recyclate imports jeopardises Green Deal, association warns

07.03.2024 HENKEL  Pril dishwashing liquid concentrate supplied in stand-up pouches / Switching to plastic film reduces cabron footprint

07.03.2024 CIRCULAR ECONOMY  European project aims to transform industrial areas into sustainable hubs / Focus on cutting energy use, waste emissions

06.03.2024 PETROCHEMICAL MARKETS  Polypropylene: Repsol declares force majeure

06.03.2024 INDIA  Further massive expansion with oil, gas, petrochemicals / Change of strategy now to smaller decentralised projects / New plastics powerhouse behind China and US gains in stature

06.03.2024 PLASTICS AND ENVIRONMENT  Follow-up: Environmental associations go to court over Ineos Project One / “Destructive and completely unnecessary”

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