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Markets

04.10.2024 LANXESS  Buyer of PU activities found in Japan's Ube / Proceeds to reduce debt

04.10.2024 UPDATE - LOGISTICS  Port strikes ends in tentative agreement / Shipping companies consider imposing congestion surcharges

04.10.2024 PLASTICS AND ENVIRONMENT  WWF raises case for new anti-plastic-pollution goals ahead of INC-5

04.10.2024 INTERVIEW  “We expect up to 15% less turnover” / PIE talks to Thorsten Kühmann, managing director of plastics and rubber machinery at VDMA

03.10.2024 VERSALIS  Conflict over ‘maintenance' at Sicilian swing line / Plant to be shuttered? / Unions plan to put up a fight

03.10.2024 EUROPEAN POLITICS  New EU commissioners named for five-year mandate / Anticipation over merging of green and industrial deals

03.10.2024 NOVAPET Forward integration: acquisition of packaging producer Envases Soplados

03.10.2024 VIONEO  Subsidiary of Danish A.P. Møller plans polyolefin production in Antwerp / Methanol as feedstock material

02.10.2024 PACKAGING RECYCLING EUROPE  Revenue from non-recycled plastic packaging falls short / Court of Auditors warns against fraud

01.10.2024 COVESTRO  Adnoc submits takeover bid; German giant valued at EUR 11.7 bn / “Financially strong and long-term oriented partner” – CEO Steilemann

01.10.2024 GERMAN ECONOMY  Berlin expects no growth this year – report / Econ institutes forecast contraction / Weakness dogs Europe's biggest economy

01.10.2024 GERMAN CHEMICAL INDUSTRY  VCI reports continued slump in sector / No recovery in demand expected for winter months

01.10.2024 PACKAGING UK  Supermarkets receive pushback for discontinuing lids for perishable products / Sainsbury's, Tesco stand by decision to save 260 t/y of plastic

30.09.2024 PLASTICS AND ENVIRONMENT India overtakes China as biggest polluter / 15% of global population lacks access to waste-collection services – Leeds university research

30.09.2024 PLASTICS MACHINERY ITALY  Plastics and rubber machinery sector revenues expected to fall in 2024 / Deceleration in H1 – Amaplast

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