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Markets

25.05.2022 PLASTICS INDUSTRY EUROPE  PIE flash survey on Russian gas: Half of the firms fear supply stoppage / France, Germany expect greater impact / Higher polymer prices in emergency case / Stockpiling, search for new suppliers

25.05.2022 GERMAN ECONOMY  Ifo says business confidence improves / No sign of recession / Export outlook for plastics industry weakens again

25.05.2022 MITSUBISHI CHEMICAL  Added focus on POM production in China / Partnership with Japan's Polyplastics

25.05.2022 SOLVAY  Q1 double-digit growth in all businesses / Outlook for 2022 upgraded

25.05.2022 RENAULT  French carmaker “sells” Russian ops / Buyback possible / Deal could serve as blueprint for other firms

25.05.2022 BASF  New antioxidant line added in Singapore / Output for Middle East and Asia-Pacific

24.05.2022 TOTALENERGIES  Chemically reclaimed material to feed US resin production / Offtake agreement with New Hope Energy / European deal for supply of waste plastics from Belgian Vanheede

24.05.2022 PLASTICS RECYCLING USA  US reclaim rate drops, waste generation soars / Senate introduces bill to improve recycling in rural America

24.05.2022 PLASTICS MACHINERY GERMANY  Machine makers slash 2022 forecasts / Sourcing issues hurt producers

23.05.2022 WESTLAKE VINNOLIT  New name for German PVC maker / Westlake standardises branding

23.05.2022 ENERGY COSTS  Energy price shock provides catalyst for change / Potential for 10% margin improvements and 40% cut in CO2 footprint / McKinsey analysis

23.05.2022 PLASTICS RECYCLING EUROPE  Reclaim capacity rises 13% in 2020 / Regs help drive growth

23.05.2022 CELANESE  Record earnings in Q1 / Distribution changes for South Korean POM joint venture KEP

20.05.2022 FAURECIA  Collaboration with Veolia for sustainable car interior compounds / 30% recycled content to be included from 2025

20.05.2022 PLASTICS AND ENVIRONMENT  Spaceborne observation of waste sites / System said to identify areas for clean-up, improve enforcement of anti-dumping laws

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