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Markets

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

16.03.2022 RECYCLING EUROPE  Report highlights difficulties facing recycling / European reclaim rate only 23%

16.03.2022 POLYSTYRENELOOP  European EPS recycling initiative announces bankruptcy / Soaring energy costs bury scheme

15.03.2022 UKRAINE  War hits plastics processors / Stoppages at units in Ukraine, Russia / Concerns rise over price hikes, supply shortages / Moscow mulls expropriations

15.03.2022 OQ CHEMICALS  Global price hikes for a number of intermediates

15.03.2022 HELLA  Expansion of Austrian facility / Russian operations suspended / Management shake-up after Faurecia takeover

15.03.2022 SÜDPACK  Investment in German chemical recycler Carboliq to convert high-performance films / Engagement by Scholle IPN's owner family in Europe

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