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Regions and Countries

25.03.2021 TURKEY  Pagev: Processors to boycott imported polymers from 1 April / Chinese associations said to be on board / Price 'crash' expected by June

25.03.2021 LOGISTICS  Container ship accident brings Suez Canal to a standstill / Oil tanker in congestion / Rising transport costs feared

24.03.2021 CHINA  PE market 2020: Covid-ravaged year ends with significant growth / Imports cover around half of demand / Russian shipments on the rise

19.03.2021 CHEMICAL INDUSTRY GERMANY  Coronavirus crisis takes its toll in 2020 but Q4 saves the day / Production rise of 3% forecast for 2021 / Forces majeures could ease by Q3

16.03.2021 PLASTICS MACHINERY GERMANY  VDMA survey says rebound expected in 2021 / More hiring likely / Sales down some 12% in 2020 / Circular economy paper offers suggestions

15.03.2021 AUSTRALIA  Government sets out ambitious plans to slash plastics waste / Policies include banning certain biodegradable products / Supermarket giant Woolworths expresses support for SUP ban

09.03.2021 RUSSIA  Billions in petrochemicals investments seek to make country an export nation by 2025 / Nord Stream 2 as acid test / Domestic demand grows faster than polymer production

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

26.02.2021 PETROCHEMICAL MARKETS USA  Slow restart of polymer production / Problems from frost damage, shortage of spare parts and supply-chain failures

19.02.2021 PLASTICS ECONOMY  PIE Readers Survey: Mostly optimistic business mood in Europe's plastics industry / Increasing willingness to invest / Feedstock costs and availability main issues / Return to pre-pandemic levels not before 2021

18.02.2021 PETROCHEMICAL MARKETS USA  Polymer production on hold in multiple locations / Oil production in Texas reduced by 80%

18.02.2021 PLASTICS RECYCLING CANADA  North American country joins Ellen MacArthur Foundation's global “Plastics Pact” / Commitment towards zero plastic-waste economy by 2025

15.02.2021 CIRCULAR ECONOMY  UNEP launches circular economy coalition for Latin America and the Caribbean

10.02.2021 TURKEY  Plastics association proposes solutions to surging resin prices / Domestic producers should sell to local processors / Calls for pausing import duties

08.02.2021 PLASTICS ECONOMY  Turbulent business development in German-speaking Europe due to coronavirus crisis / Diversification pays off / Exports weaken slightly / Investments pick up / Considerable opposition to “EU plastic tax”

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