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Markets

24.01.2023 NYCO  Swiss packaging manufacturer compelled to file for insolvency / Operations to continue for time being

24.01.2023 DECEUNINCK  Window profile maker secures cash for boosting recycling, sustainability / Credit facility of EUR 12 mn

23.01.2023 EVONIK  New plant in Germany running at a reduced rate / Maintenance of old plant imminent

23.01.2023 EPS RECYCLING  Collaboration aims to increase EPS/XPS recycling in France / Pilot project for sorting and processing EPS packaging waste in Germany

23.01.2023 MANAGEMENT  Major insolvencies in Germany up one-third in 2022 / Return to normal level after pandemic / No wave of failures on the horizon

23.01.2023 TOTALENERGIES  French energy group books regasification capacity at new Lubmin LNG terminal / Output for customers in eastern Germany

23.01.2023 PURECYCLE  US firm to build its first European chemical recycling plant in Belgium / Initial capacity set at 59,000 t/y

20.01.2023 PETROCHEMICAL MARKETS  Paraxylene: Still no contract agreement / Double contract for December and January likely

20.01.2023 SPAIN  Nationwide plastic packaging tax begins / Consumers can expect higher prices / Competition officials intervene in auctions held by local waste firm Ecoembes

20.01.2023 LOGISTICS  Desperate search for ”Putin-free” route from China to Europe / Clearly more transport supply than demand on roads / Freight rates largely unchanged

19.01.2023 PLASTICS AND ENVIRONMENT  US lower house committee: chemical recycling does not support circularity, material recovery / Group tells EPA to retain waste processing classification for such tech

19.01.2023 PLASTIC ENERGY  Licencing agreement for Tacoil process in South Korea / Strategic partnership with SK picglobal for Asian countries

18.01.2023 DANONE  Environmental groups sue food giant over global plastic pollution / Move follows reported warnings last year

18.01.2023 SINGLE-USE PLASTICS  UK ban on some disposable plastic products to start in October / “Protect the environment for future generations”

18.01.2023 VECOPLAN  Support of Israeli cleantech company for bio-based plastics production / Recycling machinery group opens branch in Italy

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