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Markets

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

29.11.2023 SPAIN  RecyClass launches certifications in line with plastics packaging tax

29.11.2023 AFRICA  Charity seeks to halt flow of plastics trash across sub-Saharan Africa / Group wants UN treaty to protect low-income areas

29.11.2023 KAZAKHSTAN  State support for processors takes off / Plastics imports double in 2023

28.11.2023 EMS  Polyamide producer to hire more staff in Europe / Increase in demand for electric vehicles

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