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Markets

07.02.2023 CIRCULAR ECONOMY  Embedding circularity could significantly cut virgin material extraction / Circle Economy-Deloitte report identifies 16 solutions across four global systems

07.02.2023 REPSOL  Construction of next Spanish plant for polyolefins with recycled content / Move follows ongoing reclaim growth in Puertollano

07.02.2023 VICTREX  Hromatka expands PEEK distribution to Austria, Benelux

07.02.2023 REVALYU  Heraeus investment builds industrial PET recycling plant in the US / Recycling capacity of over 300,000 t/y by 2026

06.02.2023 TURKEY  Earthquakes kill over 2,000 people in Syrian border region / More casualties expected / Numerous polymer plants could be affected

06.02.2023 POLYOLS MARKET  Annual global demand for aliphatic polyester polyol consumption expected at 5% to 2027 / Slower growth forecast for other polyol types / IAL Consultants report

06.02.2023 PERSTORP  Company touts “critical” step toward carbon neutrality / EU Innovation Fund Awards EUR 97 mn to Project Air

06.02.2023 ISRAEL  New government drops tax on single-use plastic / Alternative solution expected by July

06.02.2023 PLASTICS AND ENVIRONMENT  Plastics Europe, EuPC launch programme to control pellet loss / Scheme harmonised with Operation Clean Sweep

03.02.2023 PLASTICS ECONOMY  9th PIE Readers' Survey: Majority of European plastics companies believe business situation will not worsen / Few plans to downsize investment projects / Current and evolving market trends

03.02.2023 AZELIS  CEO says company to continue expansion / Investments are to be made primarily in Asia and Africa

02.02.2023 LOGISTICS  Hapag-Lloyd reports dream earnings / Farewell, 2M: world's largest shipping companies end alliance / Freight rates little changed or lower

02.02.2023 BIFFA  UK recycling company now in US hands / Private equity group finalises multibillion pound purchase

02.02.2023 BERRY GLOBAL  Tethered caps for Coca-Cola / Compliance with EU directive

02.02.2023 ALPLA  PET recycling begins in Romania / JV supplies 18,000 t/y of bottle-to-bottle material / Second plant in Angola

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