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Markets

09.09.2024 MGG POLYMERS  Austrian plastics recycler's logistics centre up and running

06.09.2024 LOGISTICS  UK plans to nationalise rail transport / ONE, SeaLead launch weekly Red Sea service

06.09.2024 PLASTICS AND ENVIRONMENT  EMF members increase use of recycled content in packaging by 44% in six years / Challenges persist on expanding infrastructure and recycling films, flexibles – progress report

06.09.2024 CIRCULAR ECONOMY UK SMEs need more support to meet sustainability targets – survey

06.09.2024 MERAXIS  Plastics distributor partners with AI start-up focused on materials innovation

05.09.2024 RECTICEL  H1 sales, profits jump due to acquisition / Quarterly result increases despite weakening economy

05.09.2024 BELARUS  Petrochemical industry strong despite sanction pressure – experts / Export logistics key challenge / Sea terminal in Russia to aid sales to third countries

05.09.2024 PLASTICS AND ENVIRONMENT  Marine litter could lead to damages worth EUR 178 bn by 2030 / Roadmap sets out steps to protect world's oceans – Allianz report

05.09.2024 RÖCHLING Recycling capacity at German plant to be quadrupled

04.09.2024 MANAGEMENT  West European companies under financial strain from late payments / Many offering longer credit terms to increase sales / Cautious optimism for year ahead, but concern on economic growth persists – Atradius report

04.09.2024 UK PACKAGING  Tax revenue falls by 6% on lower volumes / Amount of exempted packaging climbs

02.09.2024 COVESTRO  Adnoc completes due diligence / Concrete takeover bid likely before September end?

02.09.2024 ORLEN UNIPETROL  Bomb detonated in controlled explosion in Czech Republic / Timeline on lifting of force majeure unclear

02.09.2024 AUTOMOTIVE INDUSTRY EUROPE  Ordering of auto components to remain stable at best until end of year / Advanced vehicle age raises hopes of an upturn / Chinese car manufacturers to build new plants in Europe / Will lithium for batteries be in short supply from 2030?

02.09.2024 BASF  Closure of German plants for PA precursors planned / 180 employees affected

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