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Markets

08.09.2022 UPDATE - DR. SCHNEIDER  German car parts maker seeks financial partner / Austerity measures may have fallen short / Loss reported for 2021

07.09.2022 SINOPEC  Net profit jumps in H1 / Discounted Russian crude bolsters operations / Ethylene output to increase / Contractor pulls out of Amur facility

07.09.2022 MANAGEMENT  Soaring Asian write-offs hit liquidity / Use of trade credit rises / Strong financial management needed / Atradius report

07.09.2022 LUKOIL  Top Russian oil company official dies under mysterious circumstances / Critic of war in Ukraine

07.09.2022 US TAX LAW  “Superfund” environmental tax returns / Many plastics, intermediates affected / Levy unlikely to impact European market

07.09.2022 TRIOWORLD  Second stretch film acquisition in UK

07.09.2022 PET BALTIJA  Largest Baltic PET recycler buys leading Czech fibre producer

06.09.2022 PACKAGING MARKET RUSSIA  Huhtamaki divests its business in the country / Western competitors already sold their entities / Domestic packaging segment battles supply disruptions

06.09.2022 TECHNIP / AGILYX  Launch of chemically recycled styrene brand / Pilot testing a success / Monomer purity high, partners say

06.09.2022 SIRMAX  Plans for more US compounding, new plant / Expansion of production to TPE

06.09.2022 UPDATE - AMCOR  Czech flexible packaging plant bought from Russia's Danaflex

06.09.2022 SAPERATEC  German start-up builds recycling plant for composites / 18,000 t/y of packaging / Cooperation with Hoffmann Neopac

05.09.2022 PETROCHEMICAL MARKETS  Polynt probably shuts down some Italian facilities for the production of intermediates

05.09.2022 BASF  First electric steam cracker to be connected to grid in 2023 / Demonstration plant with partners Sabic, Linde / German government grants of almost EUR 15 mn

05.09.2022 AVIENT  Takeover of DSM unit complete / Deal features Dyneema-brand products

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