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Markets

26.10.2023 EUROPEAN ECONOMY  Euro area purchasing manager index hits 35-month low / German business confidence improves, optimism rises at plastics and rubber firms – ifo

26.10.2023 CEPSA  Spanish oil group shutters line for PA feedstock cyclohexane

26.10.2023 ENERGY  Global oil markets tense on Middle East conflict / Gas demand set to slow / Summit agrees objectives for COP28 / IEA report

26.10.2023 TOSOH  New MDI splitter to serve Southeast Asia

25.10.2023 HYDROGEN  Washington announces plans for USD 7 bn hydrogen network / Details include 7 regional hubs, few European partners / Social issues play role in contracting

25.10.2023 LYONDELLBASELL  Firm takes stake in Dutch recycler De Paauw / Purchase serves as latest acquisition along the value chain

25.10.2023 PETRONAS  Chemical recycling plant to be built in Malaysia / Site to use Plastic Energy pyrolysis tech / Throughput cited at 33,000 t/y

25.10.2023 MOCOM  Wipag recycler integrated in Krahn compounding firm / Closure of two German plants to affect 100 employees

24.10.2023 PLASTICS INDUSTRY  ‘Germany as a location faces an acute risk of being left behind': Poll by industry initiative reveals low mood among companies

24.10.2023 AUTOMOTIVE INDUSTRY  EU new car registrations rise over 9% in September / Q1-Q3 sales jump nearly 17% / Market still 20% below 2019 levels

24.10.2023 MARINE LITTER  Aimplas uses fishing waste for packaging applications / EU-funded project to recycle nets

23.10.2023 NATURAL GAS  EU and Germany's demand forecast for steep fall / Shift to cleaner fuels and decarbonisation are key drivers / Current reserves sufficient – Deloitte-Öko-Institut report

23.10.2023 ITALY  Ministry of Finance postpones plastics tax again

23.10.2023 COVESTRO  German TPU film capacity expands / Developments include partly bio-based products

20.10.2023 VERSALIS  Novamont takeover complete

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