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Markets

10.02.2021 BASF  Cracker failure in Ludwigshafen / Resumption already underway

10.02.2021 UPDATE - PETROCHEMICAL MARKETS  Inovyn declares force majeure for PVC K70 types

10.02.2021 TURKEY  Plastics association proposes solutions to surging resin prices / Domestic producers should sell to local processors / Calls for pausing import duties

10.02.2021 CORPLEX  French extrusion specialist forms recycling division / Acquisition of GeboPlast

09.02.2021 PETROCHEMICAL MARKETS  Borealis declares force majeure for polypropylene deliveries from Kallo

09.02.2021 PETROCHEMICAL MARKETS  Vynova restarts PVC plant in Wilhelmshaven

09.02.2021 PETROCHEMICAL MARKETS  Trinseo declares force majeure for SAN production in the Netherlands

09.02.2021 CIRCULAR ECONOMY  MEPs adopt report on action plan / Call for binding 2030 targets for recyclate use and consumption footprint / Response from NGOs and FEAD mostly positive

09.02.2021 SHINTECH  Louisiana grants USD 6.6m in aid to Plaquemine upgrade / Start-up late 2023?

08.02.2021 PETROCHEMICAL MARKETS  LyondellBasell declares force majeure for polypropylene deliveries from Tarragona

08.02.2021 PETROCHEMICAL MARKETS  European processors' associations voice displeasure over forces majeures being used as a tool for negotiation

08.02.2021 PLASTICS ECONOMY  Turbulent business development in German-speaking Europe due to coronavirus crisis / Diversification pays off / Exports weaken slightly / Investments pick up / Considerable opposition to “EU plastic tax”

08.02.2021 LOGISTICS  Flooding brings shipping on the Rhine more or less to a standstill

08.02.2021 PLASTICS RECYCLING  More than half of EU recycling plants certified by EuCertPlast / Addition of 45 facilities in 2020 / Germany has the largest share

08.02.2021 SUMITOMO DEMAG  Machinery manufacturer sets up new sales subsidiary in Czech Republic

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