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Markets

03.06.2022 NESTE  Use of tracing software for polymers, chemicals / Cooperation with start-up Circularise

03.06.2022 REPEATS  Dutch recycler acquires local rival / Expansion to continue

02.06.2022 LOGISTICS  Shanghai finally lifts the lockdown / Is the container wave now headed for Europe? / Airfreight volumes in Europe suffer from Russian overflight ban / Shipping rates soften

02.06.2022 EUROPEAN ECONOMY  Eurozone inflation hits record 8.1% in May / Brent crude trades above USD 124/bbl as EU announces ban on Russian oil / Growth concerns mount

02.06.2022 SAFIC-ALCAN  Purchase of German distributor European Additives

02.06.2022 PVC RECYCLING  European countries reclaim over 810,000 t PVC in 2021

01.06.2022 CHEMICAL INDUSTRY GERMANY  VCI sees dark clouds over the industry / “Nothing left of the anticipated upswing”

01.06.2022 WACKER  Expansion of global silicone rubber capacity / Investment of over EUR 100 mn

01.06.2022 BOROUGE  Adnoc and Borealis announce IPO details / First listing in early June

01.06.2022 WELLMAN  Recycling of monolayer and multilayer PET trays into food application trays / Collaboration with Klöckner Pentaplast

01.06.2022 ARKEMA  Distribution through MedNet to boost European sales of polyamides for med tech / US compounder Foster to supply materials

31.05.2022 ADVENT  JV for engineering polymers from DSM, Lanxess / German resin maker to sell PU division

31.05.2022 PLASTICS AND ENERGY  Brussels unveils plans to end reliance on Russian gas / Initiative seeks to balance shift to renewables with energy needs / Industry on board

31.05.2022 CHINA  Economic growth limited by strict zero-Covid policy / Major Chinese cities aim to return to business as usual / Wood Mackenzie downgrades GDP forecast

31.05.2022 GLOBAL TRADE  Worldwide commerce little changed in May / No “clear direction” / IfW Kiel report

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