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Finances

29.01.2021 PLASTICS AND FINANCE  Banks supported plastics supply chain with over USD 1.7 tn from 2015-2019 / Calls for governments to hold lenders liable for results of financing / Portfolio Earth report

27.01.2021 ASIA  Economic activity set to rebound in 2021 / Slow, partial decoupling from China / New US administration to have positive effect on Chinese relations / Atradius report

18.11.2020 WASTE MANAGEMENT  Move to circular economy creates new opportunities / Investment considerations include feedstock security, market disruptors and price trajectories / Eunomia report

10.11.2020 CIRCULAR ECONOMY UNEP calls on investors to back circular economy / More scrutiny of potential clients in financial industry's own interest / Plastics suppliers play important role / Pandemic has sent “mixed signals”

08.09.2020 GLOBAL ECONOMY  Insolvencies to rise amid Covid-19 crisis / Hardest hit countries in 2020-2021 include US, Brazil, China / Euler Hermes report

24.08.2020 MANAGEMENT  Late payments rise in North America as Covid-19 pandemic bites / Mexico hardest hit / More companies using insurance and guarantees against default / Atradius report

22.07.2020 PLASTICS TAX EU summit agrees budget and coronavirus recovery fund / Plastics industry criticises levy on non-recyclable packaging

08.06.2020 CHINA  Economic growth to decline sharply in 2020 due to Covid-19 and trade dispute with the US / Oil demand looks set to recover in Q2 / Atradius and Wood Mackenzie reports

28.05.2020 GLOBAL ECONOMY  GDP to contract by 3.3% this year / EU market could see impaired border restrictions until 2021 / Euler Hermes report

20.12.2019 POLAND  Plastics production and sales climb in 2019 / Insolvencies set to rise / Automotive sector under pressure

13.12.2019 MANAGEMENT  Insolvencies for Western Europe rise in 2019 / US-China trade war and Brexit key drivers / Nearly 30% of invoices are unpaid at due date / Atradius report

02.12.2019 MANAGEMENT  Payment risk in German automotive industry worsens / Margins fall due to higher material and labour costs / Stiff competition challenges SMEs / More European supplier insolvencies expected / Atradius “Market Monitor” 2019

22.11.2019 MANAGEMENT  Rising costs and weak profitability greatest challenges for European SMEs / Hong Kong most worried about global economic health / Two surveys identify key warning signs pre bankruptcy

28.10.2019 MANAGEMENT  Changes in EU regulations to decrease banks' willingness to finance SMEs / Current over-reliance on bank financing / Euler Hermes report

15.10.2019 PLASTIC PACKAGING EuPC says EU member states should reject multiannual financial framework / Levy could lead industry into recession / Long-term consequences are unpredictable

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