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Markets

19.10.2022 SABIC  K 2022: Global market to be “very challenging” in early 2023 / Circular BOPP wrapper with Mars Wrigley

19.10.2022 K 2022  70 years of K / Energy crisis, circular economy and climate protection leading topics / More than 3,000 exhibitors from 60 countries / German firms to cover over one-third of floor space

19.10.2022 SKYTECH  New recycling plant for ABS, PS, PP / K.D. Feddersen becomes distribution partner in Europe

19.10.2022 EGYPT  Gas price reduction for sections of petrochemicals industry / Compensatory measure for weak national currency

18.10.2022 PETROCHEMICAL MARKETS  PET: Indorama declares force majeure at Dutch site / Cheap imports could cause further plant shutdowns

18.10.2022 TOTALENERGIES  Offtake pact with Indaver for reclaimed feedstock made from polyolefins / Supply from chemical recycling plant available in 2024

17.10.2022 K 2022  "Plastics and sustainability are no longer a contradiction" / Interview with Thomas Franken from Messe Düsseldorf

17.10.2022 PLASTICS RECYCLING  Report shows bigger climate impact from chemical recycling / Call for focus on mechanical recycling and reducing packaging waste

17.10.2022 REPSOL  Spanish energy giant takes stake in recycling collaboration partner

14.10.2022 PETROCHEMICAL MARKETS  Polypropylene: TotalEnergies declares force majeure on Belgian outages / CGT trade union wants to extend French strike / End of the downward price spiral expected

14.10.2022 CHEMICAL INDUSTRY  Call for urgent shift to a sustainable and low-emissions model / Transformation could double industry's size, create 29 mn new jobs

14.10.2022 AUTOMOTIVE INDUSTRY  European automakers want government support for recovery, shift to zero emissions / Chip issues cost industry billions / 2022 registrations forecast 26% below 2019

14.10.2022 MOMENTIVE  Italian plant for PU additives goes into operation

14.10.2022 ALPLA  Packaging production opens in South Africa / New sub-Saharan headquarters replaces five older plants

13.10.2022 RUSSIA  EU sanctions on feedstocks, resins slash Russian production / Industry source says half of methanol capacity offline / Logistics issues, discounts slow exports to Asia

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