PETROCHEMICAL MARKETS

Polyolefins: Carmel Olefins reports outage after rocket hits Bazan refinery

PROPYLENE

China increasing propylene capacity to meet growing derivative demand / Country expected to dominate global market by 2030 – GlobalData

LOGISTICS

Discount giant Lidl expands maritime logistics / Major container ship order

PLASTIC RECYCLING

27th International Waste Plastics Day set to take place on 24-25 June in Germany / PIE market expert Martin Bäcker to give presentation

CHEMICAL RECYCLING EUROPE

New guidelines published for best practices in chemical recycling / Framework spells out clarity and recommendations for companies

PLASTICS MACHINERY

The year 2024 swayed between crisis and catastrophe / Stagnation at best expected in current year / Increasing pressure of competition from Asia

OMAN

Government support fuels growth of plastics processing sector

GERMAN ECONOMY

Economists raise growth outlook / Government spending to boost output / Investors look to Europe

LOGISTICS

Upcoming end of truce between US, China causes freight rates to skyrocket / Von der Leyen proposes USD 45/bbl price cap on Russian oil

PLASTICS INDUSTRY EUROPE

PRE, Assorimap call for protectionist measures against imports / SMEs burdened by regulations / Spanish industry disadvantaged by national tax on non-reusable packaging

UK MANUFACTURING

Trade group demands cheaper electricity / ‘Security of country' at risk / Processors worry about competitiveness

PACKAGING

Trump's tariffs may play havoc with companies' packaging supply chains – Ecoveritas / Data specialist sounds cautionary note on EPR liability

HYDROGEN

EC to fund 15 new European green hydrogen projects / Second EHB auction completed

PETROCHEMICAL MARKETS

Polypropylene: Grupa Azoty plant in Police down again

EUROPEAN ECONOMY

ECB cuts rates / Eurozone inflation drops below bank target / Growth forecast remains at 0.9% for 2025

LOGISTICS

Freight rates climb to three-month high / Dispatchers face dilemma due to tariff confusion

NORTHERN AND EASTERN EUROPE

Poland's plastics industry shows signs of economic recovery / Average order book size growing in Finland

EUROPEAN CAR INDUSTRY

Lack of rare earths could delay, stop German auto production / Shortage halts some component lines

EUROPEAN CHEMICAL INDUSTRY

Poor start to 2025 on weak demand, output / High energy costs undermine global competitiveness / Dependence on imports grows

EPS

Turkey expands share of EU imports / China now also key player / Very few imports from outside EU go to Germany