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Markets

06.12.2023 PLASTICS WASTE  Eurostat: Turkey remains top destination for EU plastics rubbish / Exports increase 10% / Regulation still ineffective

06.12.2023 PVC  ECHA report on additives could prompt new regs / Current workplace rules enough for resin / VinylPlus to address concerns

05.12.2023 DOW  Chemical giant approves spending for ‘net zero' cracker / Plans for Canadian complex include 2 mn t/y of PE capacity

04.12.2023 ELECTRIC VEHICLES  Carmakers rethink investments as demand wanes / Consumers still worry about prices / EU examines Chinese imports

04.12.2023 IMPACT FORMULATORS  Investor Koinos Capital merges competitors Ultrabatch and Masterbatch / Expansion plans for new group

01.12.2023 PVC MARKET  European suppliers in fight of their lives / Firms slash production as demand dries up / Plant closure, shift abroad

01.12.2023 LOGISTICS  Will DB Cargo subsidies be cancelled? / A.P. Moller-Maersk to exit Syria / Freight rates mostly down

01.12.2023 UPDATE - LYONDELLBASELL  Polyolefin supplier to review profitability of European plants / Management could axe low-margin sites

01.12.2023 SUSTAINABILITY  Climate change concerns a priority for business leaders / Ambitions lag impact / Inaction could cost industry USD 178 tn over 50 years – Deloitte report

30.11.2023 BOREALIS  Resin maker to buy Bulgarian recycler Integra Plastics

30.11.2023 PFAS  US court rejects class action suit against 3M, DuPont, others / Ruling says plaintiff did not prove source of contamination / Decision calls use of chemicals ‘nearly ubiquitous'

30.11.2023 FRANCE  Industry to tackle reuse of plastic packaging / R3Emballe iInitiative invites market players to join

30.11.2023 LEGO  Expansion of Mexican site to create more packing, warehousing capacity

29.11.2023 PETROCHEMICAL MARKETS  Repsol declares multiple forces majeures / Fire reportedly impacts styrene, propylene oxide, glycol, polyols

29.11.2023 ALOXE  US financial investor funds extensive expansion / EUR 25 mn investment for PET recycling in France

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