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Markets

21.03.2022 AUTOMOTIVE INDUSTRY  European automakers, suppliers brace for further production slowdowns as war in Ukraine rages / Vehicle sales expected to suffer

21.03.2022 PETROCHEMICAL MARKETS  PVC pre-product line: increasing number of plant shutdowns / Naphtha cracker operators also under pressure

21.03.2022 EDITORIAL  We didn't start the fire …

21.03.2022 AMAZON  Retail giant enters US energy department reclaim consortium / Work to focus on materials, energy-efficient recycling

18.03.2022 COMMODITY MARKETS  IEA plan cuts EU reliance on Russian gas by over 33% / Group suggests faster shift to green energy / Russian crude inflow to global market could fall as much as 3 mn bpd

18.03.2022 SAUDI ARAMCO  Deepening footprint in China / Participation in liquids-to-chemicals complex / MoU with Sinopec on downstream cooperation

18.03.2022 OLIN  Epoxy resin production stopped in Germany / Costs too high

18.03.2022 RECYCLING  Report calls for better labelling of plastic products / Call to focus on sustainability

17.03.2022 LOGISTICS  Resurgent coronavirus in China cuts port clearing to minimum / Air freight rates surge / Diesel prices push forwarders into the red

17.03.2022 COMMODITY MARKETS  Tough to gauge impact of embargo on Russian oil, natural gas / EU distribution issues could emerge / Russia source of 14% of German naphtha imports

17.03.2022 PET RECYCLING  Several factors limit circularity / Need for higher collection rates, shift to clear bottles / Eunomia report

17.03.2022 BASF  Expansions planned for plastic additives / More capacity for HALS

17.03.2022 LEONI  Partial outages likely at Ukrainian sites / Task force to tackle production issues / Forecast for 2022 scrapped

16.03.2022 SOLVAY  Company plans split into two units / Specialities to form new core / Divestment of standard chemicals seems likely

16.03.2022 GERMAN ECONOMY  ZEW economic indicator plunges at record pace as war rages / Economics institute warns of stagflation / Index for Eurozone also down sharply

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