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Markets

16.05.2023 PETROCHEMICAL MARKETS  PP: Orlen Unipetrol declares force majeure for deliveries from Litvinov / Fire damage set to stop production until at least July

16.05.2023 BIOPLASTICS  Chemists redesign biological PHAs / LG Chem, Gevo to develop bio-based feedstocks / PHA used to line paper cups / First bio-PP production planned in the US / Biodegradable straw doesn't get soggy

16.05.2023 CHINAPLAS  Organiser reports quarter of a million visitors / Only one in nine hails from abroad

15.05.2023 PLASTICS AND ENVIRONMENT  UN plastics treaty: Sides stake out positions ahead of talks / Next INC-2 round in Paris / Legal issues could hound industry / Big investors call on companies to reduce use of plastics

15.05.2023 ITALY  Rome to fund 75 recycling plants / Move follows G7 pledge to end plastic pollution by 2040 / Additional capacity, more waste recovery planned

15.05.2023 NEWELL RUBBERMAID  New chief exec Peterson to save what he can / Lower end of forecast likely result

15.05.2023 NEXTCHEM  Italian group buys 51% stake in plastics recycler MyRemono

12.05.2023 PVC  EU extends ban on lead content to imports / Recyclers receive limited exemption

12.05.2023 CORRECTION - LOGISTICS  Hapag-Lloyd, Maersk earnings drop in Q1 / Is the Panama Canal drying up? / Global trade improves

12.05.2023 UK  Government plans update to plastics packaging tax / Officials call for comments on tax credits

12.05.2023 NEVEON  'Breakthrough' in PU foam recycling process for mattresses / Use of certified feedstocks

11.05.2023 ASAHI KASEI  Demo project for microwave PA 6.6 depolymerisation technology / Decision on commercialisation expected by early 2026

10.05.2023 BERRY GLOBAL  US packaging group plans to close 15 production sites / Sales volume and revenue decline in the second quarter

10.05.2023 TOTALENERGIES  Addition of Spanish firm expands recycling ops / Latest move part of increased focus on reclaim

09.05.2023 SHELL  Fire at refinery, petchem plants near Houston / Crackers shut down / Duration of closures unclear

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