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Markets

07.08.2023 BASF  Polyisobutylene capacity increase announced for headquarters site

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 CONSTANTIA FLEXIBLES  Packaging manufacturer has new majority owner / One Rock succeeds Wendel

03.08.2023 PLASTICS ECONOMY GERMANY  “The crisis has only begun” / Mood in the industry remains gloomy / Majority of companies expect improvement in 2024 at the earliest – KI Dialog survey

02.08.2023 EUROPEAN ECONOMY  Eurozone returns to growth in Q2 / July Inflation data send mixed messages / Economic concerns remain

02.08.2023 GLOBAL TRADE  Confidence among exporters in 2023 global trade turnover falls / Companies have smaller appetite for new markets - Allianz Trade report

02.08.2023 PLASTIC PACKAGING  German poll blames weak demand for production cutbacks / Lower earnings expected

01.08.2023 CHINA  Typhoon Doksuri slows deliveries / Several Chinese ports closed

01.08.2023 PLASTICS ECONOMY EUROPE  10th PIE Market Survey: Inflation, uncertainty weigh heavily on industry / 30% of companies forecast better H2 2023 / Investment plans unchanged

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 CIRCULAR ECONOMY  EEB warns of impact on trade / More and better data a primary requirement

01.08.2023 AVIATION  UK plans EUR 93 mn composites R&D centre / Boeing first project partner

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

01.08.2023 UK  Government explains deferment of EPR scheme by 12 months / Plastics industry welcomes move

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