UK PLASTICS INDUSTRY

Most firms expect better sales this year / Moulders report drop in 2024 turnover / Optimism plummets – BPF survey

RUSSIA

Analysts project twofold rise in PP, PE production by 2035 / Lion's share of growth in jeopardy due to sanctions

RUSSIA

Putin calls on petchem industry to prioritise development / New capacities needed to join “the global polymer race” / Economic uncertainty casts shadow on growth plans

RUSSIA

Plastics production dips following steady growth / Government expects upward trend in chemical industry to slow / Central bank fears stagflation

RUSSIA

Several industries face turbulence over isocyanate shortage / Trade with China sustains growing sanction pressure

TURKEY

Production, domestic sales decline in first half / Exports rise / Full-year forecast sees no reverse in downturn

RUSSIA

State aid promised to chemical industry / Dozens of operations to be launched as part of industry development programme

RUSSIA

Plastics processors clash with Sibur over price, quality issues / Polyplastic announces switch to foreign raw materials

UKRAINE

Policymakers hammer out ban on single-use plastics / Lawsuit against Russia's Polyplastic to confiscate its assets in the country

UK ELECTION

Labour landslide sparks industry demands / BPF announces three key requests / Environment ministry plans remain vague

RUSSIA

Foreign trade with China starts to crumble under weight of Western sanctions / Hopes pinned on emerging BRICS infrastructure

GERMAN ECONOMY

DIHK survey: Mood in chemical industry brightens slightly / Plastics industry remains pessimistic

VIETNAM

Plastics market to grow by 8.4% per year to 2029 / Investments in sustainable plastics and EV production provide growth opportunities

RUSSIA

Technological imports reach historic heights, thanks partly to Germany, Italy / Fresh US sanctions hurt, but not cripple, trade with Asia, Turkey

NPE

Biggest trade show on the North American continent to open doors again / Main topics: recycling, sustainability

PTA MARKET

Global capacity to grow by more than 5% per year – Global Data report / China leads investments

RECYCLING INDIA

Sabic, Pashupati sign MoU / Agreement aims to boost recycling activity across world's most populated nation

TURKEY

Plastic product consumption up in 2023 / Severe price drop for incoming, outgoing polymer shipments / Economic growth despite massive inflation

RUSSIA

GDP grows 3.6% in 2023 on government spending in war-related sectors / Growth in 2024 seen up 2.5% for same reasons – Allianz Trade report

INDIA

Further massive expansion with oil, gas, petrochemicals / Change of strategy now to smaller decentralised projects / New plastics powerhouse behind China and US gains in stature