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Markets

11.05.2022 LYONDELLBASELL  Russian offices to close

11.05.2022 BOREALIS  Adnoc to take Mubadala's 25% stake in Austrian polymer producer / Move linked to possible Borouge IPO

11.05.2022 AVERY DENNISON  EUR 60 mn investment in France, Luxembourg

10.05.2022 AUTOMOTIVE INDUSTRY  US, European car market contraction continues due to supply chain issues and the war / EV sales surge / Rebound later this year?

10.05.2022 INEOS  Green hydrogen projects take firmer shape / Funding from Enova to fuel electrolysis project in Norway

10.05.2022 RECYCLING USA  Plastics pollution probe launched in California / ExxonMobil issued subpoena

10.05.2022 VERSALIS  Cracker in Porto Marghera decommissioned

10.05.2022 PROFINE  German window profile supplier to build Serbian production plant / “Hub for Southeast Europe”

10.05.2022 SIDEL  PET substitute for aluminium aerosol containers / Product suits traditional PET reclaim streams

09.05.2022 DSM  OMV bids for polyamide ops / At least one other firm seeking to buy unit

09.05.2022 CHEMICAL INDUSTRY GERMANY  Russian oil embargo to spur problems / End of gas shipments would be worse

09.05.2022 CHINA  The People's Republic turns to lightweighting and bio-based, recycled plastics / Beijing to ban conventional plastic packaging from express delivery outlets

09.05.2022 PLASTICS PACKAGING  Fraunhofer study: Comparison of reusable plastic systems with single-use alternatives / Recycled content required for production

09.05.2022 ALPLA  Reusable PET bottle cuts carbon emissions by 30% / rHDPE with lower carbon footprint at Spanish plants

09.05.2022 CIRCULAR PLASTICS AUSTRALIA  Largest PET recycling plant Down Under now up and running / New facility uses recycling line by Austria's Starlinger

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