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Markets

06.03.2024 BASF  Launch of ChemCycling process in US / Chemically recycled products to be manufactured in Texas

05.03.2024 PETROCHEMICAL MARKETS  Intermediates: OQ Chemicals declares force majeure at German plant

05.03.2024 CELANESE  Lights out for former DuPont compounding plant in Belgium / Financial results only boosted by acquisition

05.03.2024 CHINA  Mixed impact of disruptions due to Red Sea conflict on plastics imports / Polyethylene most affected

04.03.2024 RENEWABLE HYDROGEN  EU pilot auction attracts 132 bids / Funding set to enable production of 8.8 mn t green hydrogen in ten years

01.03.2024 COVESTRO  Plastics producer still in the red / Full-year revenues sink one-fifth as cost cuts partly arrest profit decline

01.03.2024 CONSTRUCTION  January sees sharp decline in Eurozone activity / Downturn in residential projects major drive in output fall, says report

01.03.2024 PLASTICS PROCESSING GERMANY  Technical parts makers take stock of mixed 2023 / Sales slightly higher / Profits down, outlook gloomy

01.03.2024 PLASTA REI  Private equity group acquires shares in Italian recycler / Plans to build chemical recycling plant for PET

01.03.2024 LIGNIN INDUSTRIES  Bioplastics startup raises millions for expansion

29.02.2024 PVC MARKET  Orbia's PVC plant expansions on hold / CEO Bharadwaj: “Weak period will last five to seven years” / PIE analyst confirms ongoing price declines in Europe

29.02.2024 LOGISTICS  China undisputed leader in seaport ranking / Container freight rates take a breather

29.02.2024 GERMAN CHEMICALS INDUSTRY  Business confidence stuck at low level – ifo / Thin backlog remains a problem

29.02.2024 SGL CARBON  Carbon fibre division to be sold / Lack of funds for necessary investments

29.02.2024 SUSTAINABLE PACKAGING  Only one in five consumers goes for reuse or refill option / Diverse approach required to change the tide

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