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Regions and Countries

20.03.2023 WORLD ECONOMY  IfW Kiel forecasts 0.5% German growth this year / Ifo predicts small contraction / ECB raises outlook for Eurozone

16.03.2023 RECYCLING  EC study confirms plastics waste recycling preferable to incineration / Cefic highlights importance of chemical recycling

16.03.2023 CHEMICAL INDUSTRY  Germany: Dark clouds outnumber bright spots / Modest progress in Q1 / Gas crisis averted / Sales, output to fall again this year

14.03.2023 EUROPEAN CHEMICAL INDUSTRY  EU output shrinks 6% in 2022 / Capacity usage dramatically low / Expensive energy mars competitiveness / “Green” goals a challenge

10.03.2023 GLOBAL COMMERCE  China, Gulf countries move closer to free-trade zone / Beijing, Riyadh strengthen ties / Sino-Arab deals on the rise

08.03.2023 PETROCHEMICAL INDUSTRY  US orders Denka to cut emissions from chloroprene plant / DuPont named in complaint / EPA aims for environmental justice

06.03.2023 RUSSIA  A year of war takes toll on Russian plastics, chemical industries / State payments support refineries

01.03.2023 PLASTICS PROCESSING GERMANY  Optimism and concern after 2022 sales increase / GKV expects tough year / Officials attack energy price caps, warn of production exiting country

22.02.2023 RUSSIA  Slack local demand, weak exports cut resin output / Asian imports hit market / Investment slump heralds future problems

15.02.2023 UN PLASTICS WASTE TREATY  First meeting on global rules reveals discord / 50-country bloc demands lower resin output, bans for some grades / Industry role in negotiations criticised / Next talks due in May

10.02.2023 PLASTICS ECONOMY  Crisis mode becomes the norm for plastics industry in German-speaking Europe / Costs for materials, energy also fuel concerns about this year – KI Dialog survey

09.02.2023 UKRAINE  War lowers packaging production / Slowdown in local resin output not surprising / Highly dependent from raw material imports / New year brings new bans on plastic bags

08.02.2023 TURKEY  Death toll rising by the hour / PTA shipments from Asia affected by the earthquakes / Port of Iskenderun out of service / Köksan's PET production suspended

06.02.2023 TURKEY  Earthquakes kill over 2,000 people in Syrian border region / More casualties expected / Numerous polymer plants could be affected

06.02.2023 ISRAEL  New government drops tax on single-use plastic / Alternative solution expected by July

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