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Markets

20.07.2023 AUTOMOTIVE INDUSTRY  EU new car registrations jump nearly 18% in June, first half / Battery EVs score first victory against diesels for market share / Volumes still behind pre-pandemic levels

20.07.2023 ULTRABATCH  Ownership of Italian additives maker changes hands

19.07.2023 PETROCHEMICAL MARKETS  Styrene/propylene oxide: Dutch plant shut down due to weak demand / Styrene spot prices significantly firmer

19.07.2023 EU LEGISLATION  Regulatory changes for food-contact plastics to take effect in August / Updates for plasticisers / No new review for styrene

19.07.2023 RAW MATERIAL COSTS  Global price index from German econ institute continues to fall / PIE's Plastixx index also under pressure

18.07.2023 PVC MARKET  Germany: Production, use of virgin material slump / Recyclate demand rises sharply / Method of calculation changes

17.07.2023 OMV  Management seeks to merge Borealis, Borouge assets / Resulting company could be worth USD 20 bn

17.07.2023 FLEXIBLE FILM RECYCLING  Collaboration needed to boost circularity in Europe – PRE report / Group calls for more spending on infrastructure

17.07.2023 MOL  Chemical reclaim facilities slated for Hungary, Slovakia / Lummus to supply pyrolysis tech

17.07.2023 HROMATKA  Distribution group acquires Italian competitor Sotac Tecnopolimeri

17.07.2023 SAMVARDHANA MOTHERSON  Indian components maker to buy control of Honda unit Yachiyo

17.07.2023 LEONI  Expansion of wiring harness system production in Morocco

17.07.2023 POLIBAK  New line for PP cast films in operation

14.07.2023 LOGISTICS  Kühne+Nagel tops list of global air freight forwarders / Fuel oil out, green methanol in at some firms / Launch of weekly Latin-East-Coast Europe Express

14.07.2023 CCL INDUSTRIES  Canadian label firm buys Spanish IML specialist Creaprint

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