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Polymer Materials

25.11.2022 POLYURETHANE MARKET  Economic uncertainties dampen demand in EMEA and Americas / Production static in Europe in 2022 but up in Americas / IAL Consultants reports

25.11.2022 LYONDELLBASELL  Decision on 400,000 t/y propylene project to be made in late 2023

24.11.2022 BASF  CEO Brudermüller on cost-cutting plans: any talk of massive cutbacks is “absolute nonsense” / But there will also be “some adjustments” in production

23.11.2022 KAZAKHSTAN  KazMunayGaz starts up 500,000 t/y PP complex / Construction of cracker, butadiene plant / PE production planned

23.11.2022 CHEVRON PHILLIPS  JV with Qatar Energy finalises plans for Texas complex / Ethane cracker and two PE plants due to start up in 2026

23.11.2022 BENVIC  Luxembourg's ICIG buys PVC compounder

22.11.2022 GERMAN ECONOMY  SMEs must reorient themselves due to energy crisis / Four out of five companies in the chemical industry under massive pressure / DZ Bank survey

22.11.2022 EVONIK  New European distributors for PA 12 powders, rubber additives

22.11.2022 GCR  Spanish facility for finding applications with low eco impact / Investment of EUR 100 mn

21.11.2022 RUSSIA  Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production

21.11.2022 PLASTICS AND ENVIRONMENT  NGOs raise concerns on EU's revision to waste legislation / Circularity rate of 8.6% “dangerous for Europe's future”

21.11.2022 SHELL  Mammoth cracker starts up in US / Annual PE output of 1.6 mn t / Project remains divisive

18.11.2022 PLASTICS AND ENERGY  Germany completes first marine LNG terminal / Questions about speed of build up

18.11.2022 PLASTICS AND CLIMATE  Net-zero plans not enough to keep global warming at 1.5C / Faster decarbonisation action, focus on cutting consumption priority – ZWE report

18.11.2022 EVONIK  Q3 core profit drops 5% despite 26% sales growth / Plans for hundreds of millions in cost cuts

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