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Markets

12.02.2021 PETROCHEMICAL MARKETS  Styrene: Covestro/LyondellBasell declare force majeure for material from the Netherlands

12.02.2021 BRASKEM  First international PP shipment from US export hub

12.02.2021 POLYCERT  New steering board members elected / WFO joins European programme to track ocean plastics

12.02.2021 GREINER  Six foam businesses brought under “Neveon” brand / Move to provide scale benefits

11.02.2021 CORONAVIRUS  Global economic development forecast of 4.6% in 2021 / Buoyant H2 growth expected on vaccine rollouts despite bottlenecks / Return to pre-pandemic levels only by 2022 / Euler Hermes report

11.02.2021 POSEIDON PLASTICS  Start of recycling project for difficult-to-recycle scrap PET / Use of glycolysis technology

10.02.2021 CORRECTION - PETROCHEMICAL MARKETS  Weather conditions force Radici to declare force majeure for adipic acid production in Germany

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

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