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Markets

11.07.2022 GKV  Helen Fürst elected president of German processing association

11.07.2022 BIESTERFELD  German distributor reports jump in earnings / Optimism despite added market uncertainty

11.07.2022 CIRCULARIX  JV to produce rPET in US / First of five plants to start operations by end of 2022 / Start-up to be more successful than CarbonLite?

11.07.2022 SAFRAN  Expansion of Moroccan composites plant for jet engine housings

11.07.2022 INNOVIA FILMS  Clear BOPP film targets contoured containers

08.07.2022 AEROSPACE  Aimplas and partners research development of novel polymers under space conditions

08.07.2022 RECYCLING USA  US Plastics Pact oversight group creates PET reclaim scheme / Initial funding target set at USD 25 mn

08.07.2022 TRINSEO  New Italian compounding line for PMMA

08.07.2022 PETAINER  UK packaging company acquired by US investment firm

07.07.2022 LOGISTICS  World record: new super freighter carries 12,000 40-foot containers / Export downturn: Germany with first negative trade balance in decades

07.07.2022 BASF  Feasibility study for large heat pump at German headquarters / Collaboration with MAN Energy Solutions

07.07.2022 GERMAN ECONOMY  DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years

07.07.2022 VERSALIS  Plans for mechanical reclaim of PS, PE in Porto Marghera, Italy / License acquired from Forever Plast

07.07.2022 PTT GLOBAL CHEMICAL  Plastics recycling facility in Ohio / Products from rPE and rPET

07.07.2022 KOSTAL  German automotive supplier closes three domestic plants / Drastic job cuts and losses / Relocation to Hungary

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