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Markets

09.03.2021 POLIGAL  Packaging BOPP film business sold to Peru's Oben Group

08.03.2021 RAW MATERIALS  More European processing groups warn of resin shortages / Shops set to cut production, delay deliveries of finished products

08.03.2021 CHEMICAL INDUSTRY  Output falls 2% in 2020, but Cefic forecasts 3% growth for 2021 / Cost of EU's Green Deal plans clouds economic outlook

08.03.2021 EPS PACKAGING  Launch of “Smart Packaging Europe” campaign to promote expanded polystyrene packaging

08.03.2021 PREZERO  Takeover of US film and bag maker / Plans to make products with recyclate in America

08.03.2021 SÄNTIS PACKAGING  Acquisition of Swiss packaging maker SwissPrimePack / Capacity expansions planned

05.03.2021 PLASTICS PROCESSING / RAW MATERIAL MARKETS  Hand-wringing everywhere / Processors' associations react with concern: “Don't leave us hanging!” / Restrictions likely to continue well into April / Calmer price situation first expected at year's end

05.03.2021 PEMEX  Fire causes multiple plant outages in Mexico / No reports of injuries

05.03.2021 EXXONMOBIL  Initial phase of proprietary recycling process for difficult-to-recycle plastics waste complete / JV with Agilyx subsidiary

05.03.2021 POLYPLASTICS  New grade added to “Duracon” POM PM brand / High-flow material said to suit medical and healthcare industry

04.03.2021 EPS  Materials becoming scarce / Styrene cost explosion drives danger of bottlenecks / Prices likely to hit record high in March

04.03.2021 PETROCHEMICAL MARKETS  Versalis declares force majeure for EVA deliveries from Germany

04.03.2021 POLYURETHANE FOAM  Raw material supply “critical” / Scarcity to continue

04.03.2021 COVESTRO  Stake in Dubai systems house JV sold to co-owner Pearl

04.03.2021 MILLIKEN  Additives manufacturer acquires Germany's Zebra-Chem / Investment in peroxide masterbatches

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