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Polymer Materials

13.12.2022 INEOS  Fourth Chinese JV with Sinopec / 1.2 mn t/y cracker due onstream in late 2023 / Deal includes ABS, HDPE plants

12.12.2022 CIRCULARISE  Successful test run of blockchain-enabled system for ISCC Plus certification / Material traceability key aspect / Asahi Kasei invests in start-up

09.12.2022 GERMAN ECONOMY  Supply bottlenecks cost industry almost EUR 64 bn in added value, up to mid-2022 / Automotive industry particularly hard hit

08.12.2022 PKN ORLEN  Investments finalised with Saudi Aramco / Plans for world-scale cracker in Poland / Aramco to supply 45% of the Polish group's crude oil requirements

08.12.2022 CIRCULAR ECONOMY  New EU requirements for recycled plastics with food contact

07.12.2022 PETROCHEMICAL MARKETS  PC, MDI: Covestro declares force majeure following outage in Uerdingen, Germany

07.12.2022 LUKOIL  Italy puts refinery in Sicily under trusteeship / Sufficient supply of non-Russian crude to keep the refinery going for “several months”

07.12.2022 AZELIS  Acquisition of New Zealand's Chemiplas Agencies / Growth in Asia-Pacific, Australasia

06.12.2022 RUSSIA  EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market

06.12.2022 HONEYWELL  First chemical recycling facility in Egypt / Agreement signed with Environ Adapt

05.12.2022 PLASTICS AND ENERGY  Germany, Qatar announce LNG deal / Gulf state to supply some 2 mn t/y from 2026 / ConocoPhillips tapped as shipper

05.12.2022 TORAY  Significant expansion for carbon fibres in France / EUR 100 mn investment

02.12.2022 VENATOR  Titanium dioxide sales slump 25% / Company cashes in iron oxide pigments and US plant

01.12.2022 EUROPEAN ECONOMY  Eurozone inflation drops more than expected / Has the peak passed? / Volatile energy prices remain focus

30.11.2022 MITSUBISHI CHEMICAL  End of MMA production in UK? / Plant profitability issues remain / Work at US facility postponed

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