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Markets

03.09.2020 PETROCHEMICAL MARKETS  BASF declares force majeure for TDI from Ludwigshafen

03.09.2020 AIMPLAS  “Promising” results from first year of European BIOnTop project / Goal to develop recyclable and compostable packaging

02.09.2020 PETROCHEMICAL MARKETS  VCM/PVC: Inovyn declares force majeure for deliveries from Scandinavia

02.09.2020 CHINA  PVC capacity of 800,000 t/y added in September / More in planning / Demand decline in H1 due to Covid-19

02.09.2020 VENATOR  Huntsman sells all remaining shares in titanium dioxide producer / SK Capital is the buyer

01.09.2020 USA  Chemicals and polymers steady but still below 2019 / High demand for plastics products used to fight Covid-19 / ACC report

01.09.2020 PLASTICS RECYCLING UK  UK kerbside waste collection jump, despite coronavirus lockdown effect

01.09.2020 REPSOL  Further investments in advanced polymers for the automotive industry

01.09.2020 SABIC  Capacity expansion for PPE resin / Support for 5G infrastructure build-up

01.09.2020 STORA ENSO  Finnish renewables firm announces two bio material deals

31.08.2020 PLASTICS RECYCLING USA  Alliance to create circular economy / North American platform of Ellen MacArthur's global “Plastics Pact” / 50% recycling rate targeted

31.08.2020 SUMITOMO DEMAG  Machine orders increase from the packaging and medical technology industries / Injection moulding machinery manufacturer doubles production capacity

28.08.2020 USA  Hurricane Laura hits the coast of Louisiana / Large parts of polymer production and petrochemicals on the US Gulf Coast are paralysed / Prices gain momentum

28.08.2020 REYNOLDS  IPO launch of group could raise USD 750m / Name change to Pactiv Evergreen

27.08.2020 SUPPLY CHAIN  Steps required to strengthen global value chains as shock events rise / Disruptions could wipe out 45% of annual profits every 10 years / Network restructuring to reshore production / McKinsey report

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