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Markets

24.07.2023 UK ECONOMY  Inflation ebbs to lowest mark in over a year / Price growth still faster than in euro area / Retail sales improve

24.07.2023 FIBREGLASS  EU Commission extends anti-dumping duties on goods from China, Egypt, and Turkey

24.07.2023 PACKAMAMA  rPET bottles chosen in packaging trial by The Wine Society

21.07.2023 LYONDELLBASELL  US giant buys stake in Dutch polyolefin recycler Stiphout

21.07.2023 LOGISTICS  Plan from Deutsche Bahn cargo boss Nikutta to save millions / Ships collide in port of Ningbo / Cosco starts weekly service to connect Northern Europe, Med, South America

21.07.2023 SABIC  Pyrolysis oil used for certified circular polymers / Production in Saudi Arabia said to be first in MENA

20.07.2023 COVESTRO  Adnoc increases purchase offer / Next round of Takeover poker

20.07.2023 EUROPEAN CHEMICAL INDUSTRY  Outlook for 2023 dismal / Output could shrink by 8% / Demand sees no momentum / US investment aid heightens competition

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

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