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Markets

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

27.01.2021 ALPLA  Packaging producer spends over EUR 5m on rPET extrusion system in Italy

26.01.2021 EPDM  Chinese tariffs on imports from EU, US, South Korea

25.01.2021 SABIC  Recycling unit with Plastic Energy set to enter construction phase

22.01.2021 ABS  End of price boom in sight / Arbitrage window for exports to China closes / Imports from Far East expected to pick up again and improve domestic supply in Q2 / Subsequent price adjustments possible

22.01.2021 BOREALIS  German pilot plant for mechanical recycling / Project for post-consumer recyclates with Tomra

22.01.2021 PLASTICS RECYCLING CHINA  Unilever and online trading giant Alibaba to cooperate in China / Over 500 reverse vending machines

21.01.2021 PETROCHEMICAL MARKETS  European plastics processors alarmed by forces majeures / EuPC and French umbrella organisation Polyvia reminded of 2015 / German engineering plastics converters see signs of bottlenecks

21.01.2021 PLASTICS INDUSTRY  Pandemic hits economy / Global plastics production nears 370m t in 2019 / European output loses market share / Full recovery expected in 2022 / PlasticsEurope report

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