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Markets

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

27.08.2020 STS  Vehicle components supplier to divest its Acoustics segment / Supervisory board replaces CEO

26.08.2020 CHINA  Growth trajectory sees additional 3.5m t/y of polyethylene capacity in 2020 / Recovery of H2 demand expected

26.08.2020 PLASTICS VALUE CHAIN  Investigation of shift toward sustainability strategy to curb packaging waste as demand grows / Wood Mackenzie report on materials transition

26.08.2020 SRF  New BOPET production line starts in Hungary

25.08.2020 REACH  New procedure for reporting SVHCs from 2021 / ECHA with dedicated web page

25.08.2020 KLÖCKNER PENTAPLAST  Expansion of North American rPET extrusion capacity / Output for thermoformed recyclable trays added

24.08.2020 MANAGEMENT  Late payments rise in North America as Covid-19 pandemic bites / Mexico hardest hit / More companies using insurance and guarantees against default / Atradius report

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