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Markets

21.03.2023 UNIVAR  US investor Apollo offers over USD 8 bn for distributor

21.03.2023 TOTALENERGIES  Plans for French value chain for ‘advanced' reclaim of plastics film / Processing to begin in 2024

20.03.2023 WORLD ECONOMY  IfW Kiel forecasts 0.5% German growth this year / Ifo predicts small contraction / ECB raises outlook for Eurozone

20.03.2023 PLASTICS AND HEALTH  US to finally regulate “forever chemicals” / EPA proposes limits for PFAS in drinking water / Europe also on the case

20.03.2023 LYONDELLBASELL  Production begins at PO plant in Texas

17.03.2023 ELECTRIC VEHICLES MARKET  Paradigm shift in automotive industry / Trade group says half of European-made cars in 2023 will be electric / Tough times for suppliers / PIE talks to Axel Bornemann from ContiTech

17.03.2023 MORRISONS  Major UK supermarket to reclaim troublesome food packaging / Facility to close loop for recycling

16.03.2023 LOGISTICS  China delivers largest container ship in history / South Korea plans nuclear-powered freighters / Shipping firms threaten to reduce capacity

16.03.2023 RECYCLING  EC study confirms plastics waste recycling preferable to incineration / Cefic highlights importance of chemical recycling

16.03.2023 CHEMICAL INDUSTRY  Germany: Dark clouds outnumber bright spots / Modest progress in Q1 / Gas crisis averted / Sales, output to fall again this year

16.03.2023 SK CHEMICALS  Chemical recycling: EUR 92 mn deal with China's Shuye / Agreement includes depolymerisation plant for rBHET and rPET

16.03.2023 SAPA  Italian automotive supplier acquires majority stake in Hispamoldes / Integration into newly created Grupo Indea

16.03.2023 BURGER KING  Fast-food giant starts deposit-return scheme in Germany / Partnership with Recup for reusable cups

15.03.2023 POLYURETHANE FEEDSTOCKS  European Commission to amend workplace exposure limits for diisocyanates / New rules “key” to climate neutrality transition / Industry groups welcome EU-wide harmonisation

15.03.2023 USA  Plastics Pact report indicates US falling short of 2025 recycled packaging targets / Need to speed up implementation

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