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Markets

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

17.01.2023 POLAND  Almost two-thirds of Poles support ban on plastic packaging for produce – study / Nearly 30% unwilling to use costlier eco-friendly options / Deposit-return scheme postponed

17.01.2023 BASF  Groundbreaking for MDI production expansion at US site

17.01.2023 LANXESS  Pact with TotalEnergies to draw circular styrene for ion exchange resins / Mass balance approach

17.01.2023 TEKNOR APEX  Compounder names new European distributor for TPE

16.01.2023 BIOPLASTICS  Global production expands after pandemic / Patent filings rise / Advances in accelerated biodegradation / Nanomaterials go commercial

16.01.2023 OMV  Austrian petchem group accelerates realignment

16.01.2023 BOREALIS  Acquisition of majority stake in Belgian chemical recycling start-up Renasci

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