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Markets

01.07.2022 RAW MATERIALS  Ifo Institute: Shortages in German plastics industry continue to ease / Bottlenecks expected until spring 2023

30.06.2022 LOGISTICS  Endless container chaos / Cancelled flights, port strikes further reduce transport capacity / Is the German holiday ban on lorries finally sending drivers around the bend?

30.06.2022 BOREALIS  OMV refinery in Austria to be down longer than expected / Crackers, polyolefin plants probably more severely affected

30.06.2022 PLASTICS MACHINERY GERMANY  Machine makers report reduced delivery capabilities / Improvement not expected until at least H2 2023 / VDMA flash survey

30.06.2022 PP RECYCLING  Global network conducts first full-scale trials for food-grade material with rPP

30.06.2022 CONSTANTIA FLEXIBLES  Collaboration with Plasthill on PE sealant films / CompresSeal offers up to 30% weight saving

30.06.2022 INNOVIA FILMS  Expansion in Germany to meet growing demand for thinner label films

29.06.2022 OCCIDENTAL PETROLEUM  US PVC subsidiary OxyVinyls plans conversion, expansion / Over EUR 1 bn investment in Texas

29.06.2022 PLASTICS AND ENVIRONMENT CANADA  Bans on single-use plastics to start in December / Domestic chemical association “disappointed”

29.06.2022 POLYSTYRENELOOP  German EPS converters rescue Terneuzen recycling plant from insolvency / Plant to restart soon

29.06.2022 REPSOL  EUR 4.5 mn investment boosts Spanish GFR PP output / News follows plans to build domestic plants for UHMW-PE, PEX

28.06.2022 ENERGY COSTS  Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI

28.06.2022 CHEMICAL RECYCLING  Technology has a role in circular economy / Significant growth projected if current constraints are overcome / Better sorting infrastructure needed / McKinsey analysis

28.06.2022 PLASTIC AND RUBBER MACHINERY  World production sets record in 2021 / China tops export for first time / Euromap says further growth in Europe this year “difficult”

28.06.2022 NESTE  Purchase of European rights for Alterra Energy liquefaction technology / Creation of Dutch chemical recycling JV with Ravago

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