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Purchasing

10.12.2020 LOGISTICS  Container freight rates rise / High demand for Asian products in Europe and US / Shipping business not expected to slow before February 2021

24.11.2020 MERAXIS  Swiss trading group digitises procurement process / Automated silo management for easier processes

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

01.07.2020 CORONAVIRUS  Pandemic to lead to major production and supply chain shift in global manufacturing industry / UK university study

09.06.2020 SUPPLY CHAINS  Digitalisation investments can help protect against disruptions in the suplly chains / PwC survey

19.10.2018 EVONIK  New online platform includes bidding system for customers / Expansion of digital solutions

28.02.2014 PETROCHEMICAL FEEDSTOCKS  PP futures trading goes live in Dubai and China / Concurrent launch designed to raise liquidity for global trading / “Transparent market and new pricing benchmark”

26.11.2013 PETROCHEMICAL FEEDSTOCKS  Dubai exchange to launch PP futures trading in February / Timing may reflect “Borouge 3” start

22.10.2010 LME  Trading in plastics futures to cease

08.10.2010 RESIN TECHNOLOGY  US plastics purchasing consultancy provider opens European subsidiary / Strategic cooperation with PIE's German sister publication KI

22.07.2009 LME  Proposal to cease “open outcry” plastics trading / Move to electronic and telephone trading likely

24.03.2009 PETROCHEMICAL MARKETS  PVC futures trading expected soon on DCE

11.02.2009 PETROCHEMICAL MARKETS  Dubai exchange again delays plastics futures launch

07.11.2008 COMMODITIES TRADING  Plastics futures market opens in US

25.04.2008 LME  LyondellBasell resigns from plastics committee

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