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Markets

01.02.2021 SUPPLY CHAINS  Companies introduce strategies to protect against Covid-19-related disruptions / Survey shows 30% of firms considering near-shoring / Euler Hermes report

01.02.2021 BENVIC  Acquisition of former SO.F.TER plant in Italy / Celanese focuses on Forli

01.02.2021 COVESTRO  MDI production at Tarragona not affected by fire

01.02.2021 PLASTIC PACKAGING UK  Report calls for higher bag prices at UK supermarkets to reduce plastics use

01.02.2021 SÜDPACK  Expansion continues for packaging group with LPF takeover / Clondalkin group continues to shrink

29.01.2021 UFAORGSINTEZ  Explosion and major fire at Russian refinery / One casualty / Negative impact on tight local PE and PP supply?

29.01.2021 PET RECYCLING AUSTRIA  PET to PET Recycling Österreich: Over 28,000 t of PET secondary material in 2020 / Further expansion plans

29.01.2021 KURARAY  Subsidiary Trosifol expands production of PVB films in Czech Republic

28.01.2021 BASF  Subsidiary BTC Europe takes over PU distribution / Competition for US distributor Univar

28.01.2021 AUTOMOTIVE INDUSTRY TURKEY  Plastics use in vehicles seen down 15% in 2020 / Automobile production forecast 14% lower / Pandemic said to have cost domestic car parts industry at least USD 5 bn

28.01.2021 RECYCLING SOUTH KOREA  JGC to carry out feasibility study for plastics waste gasification recycling plant

28.01.2021 SOLVAY  Extended distribution agreement with Biesterfeld and Albis for EMEA

27.01.2021 MATTRESS INDUSTRY  The Netherlands leads the way in Europe for mattress recycling / Rapid progress in chemical recycling projects / Europur report

27.01.2021 ASIA  Economic activity set to rebound in 2021 / Slow, partial decoupling from China / New US administration to have positive effect on Chinese relations / Atradius report

27.01.2021 OMV  Expansion and upgrade of German facility to boost olefin output / Petrochemical group invests EUR 40m

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