EU TRADE SANCTIONS

Brussels targets firms using Russian oil / Focus includes petchem companies, China / EU warns of 'asset freeze'

PETRUS

Russian's Tatneft takes over PET processor by decree / Possible influence on Baltic PET producer Neo

LOGISTICS

Relevance of Corporate Sustainability Due Diligence Directive being questioned by Germany, France / Tariff calm between US and China causes confusion, impacts freight rates

GLOBAL TRADE

US president-elect proposes tariff hikes for Brazil

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

EDITORIAL

In between ambitious and absurd: Sibur's change in strategy

SIBUR

Group intends to expand from material producer to solution provider / Russia lags behind in use of plastics

RUSSIA

Two years of war: Rising prices for base polymers slow processor investments / Eastern turnaround in exports not up to expectations / Unrealistic plans for major petchem projects

RUSSIA

Moscow wants total plastics packaging recycling by 2027 / Focus switches to manufacturers / Environmentalists sound alarm as landfills swell

CHEMICAL INDUSTRY GERMANY

Gas shortage takes its toll / Producers caught between rising prices, sinking profits / Firms look longingly to US

RUSSIA

EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market

PLASTIC FANTASTIC

Saving lives – Help Ukraine now!

K 2022

“If Putin destroys our economy, he will topple our democracy”: Germany's Economics Minister Habeck and Covestro boss Steilemann at “high-level reception” of Kunststoffland NRW

LOGISTICS

Increasing consolidation of global transport groups / Rhine water levels rise / Container freight rates decline

EDITORIAL

The pivotal quarter ahead

LUKOIL

Top Russian oil company official dies under mysterious circumstances / Critic of war in Ukraine

LOGISTICS

Possible strikes at German airports as recession looms / Ground crew walkout heaps pressure on air freight / Water levels on rivers continue to fall / Trend for container freight rates varied

EUROZONE ECONOMY

Record price growth as business activity slows / Costs to remain high / European Central Bank rate hike larger than forecast / Recession imminent?

LOGISTICS

Barely a palm width of water under keel has Rhine shippers concerned / A solution to port strikes in sight? / Container freight rates still plummeting

PLASTICS INDUSTRY EUROPE

PIE flash survey on Russian gas: Half of the firms fear supply stoppage / France, Germany expect greater impact / Higher polymer prices in emergency case / Stockpiling, search for new suppliers

EDITORIAL

The perversity of war: Russia's billion-dollar export surplus

ENERGY COSTS

Index for energy commodities rises by 37%: HWWI economics institute / US government releases some of its strategic oil reserves / Relief on gas market due to milder temperatures?

RUSSIA

Attack on Ukraine has consequences for European polymer trade flows / Shortage of Russian material makes itself felt in Eastern Europe / Moscow plans polymer price regulation / Flagship projects on hold?

COMMODITY MARKETS

Stopping Russian energy imports could lead to 18 months of recession in Germany / Other economists say consequences would be heavy, but it's doable / Baltic states halt Russian gas deliveries amid war

LOGISTICS

War in Ukraine drives surge in energy prices, air freight rates / 80% increase within a week / Container shipping likely to soon follow suit