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Industry

20.02.2023 INEOS OLEFINS  EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026

16.02.2023 SINGLE-USE PLASTICS  LYB, Braskem respond to report on top producers of resins for single use / Indorama stays mum despite “positive outlier” rating / Most major firms decline comment

16.02.2023 MARINE LITTER  Plastics waste in the Arctic comes from all over the world / “Even rich industrial nations make a significant contribution to the pollution” – AWI study

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

15.02.2023 LOGISTICS  Freight rates falling – why and for how long? / Restart of Chinese production set to boost domestic economy

15.02.2023 GERMAN ECONOMY  Business development better than expected / Official warns against celebrations / Low willingness to invest spurs concerns – DIHK study

14.02.2023 ENVIRONMENTAL ACTION USA  Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules

14.02.2023 BRAZIL  Plastics converters want to continue pushing exports / Competitive advantages through lower cost base

14.02.2023 POLYMERS FOR EUROPE ALLIANCE  Voting begins for Best Polymer Producers Awards / Commitment to Europe becomes focal point

13.02.2023 BIODEGRADABLE PACKAGING  Regulations, Covid pandemic drive innovation – study / New packaging solutions made from seaweed, plants, shellfish

13.02.2023 GERMAN PACKAGING MARKET  Trade group survey sees end of downward sales trend / Earnings projections remain negative

13.02.2023 BERRY GLOBAL  New R&D centre for healthcare packaging in India / CEO Tom Salmon to retire

10.02.2023 LOGISTICS  Naphtha prices soar after earthquakes in Turkey, Syria / Stop on Azeri crude exports from Ceyhan / Bremerhaven preps for giant container ships

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 SINGLE-USE PLASTICS  SUP waste rises 6 mn t in two years / ExxonMobil, Sinopec, Dow lead production, Minderoo Foundation says / Group wants “polymer premium” levy for resins made of fossil materials

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