EuMBC questions legality of recent high number of Force Majeure declarations
11 Force Majeure cases in Europe since the turn of the year, all because of ‘technical reasons’.
Market
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European chemical output stagnant in 2014
European chemical output grew just 0.2 per cent in 2014, according to the latest Cefic Chemicals Trends Report.
IK criticizes plastics manufacturers' force majeure policy
Notifications of force majeure lead to raw materials shortages and spiralling prices, according to IK Industrievereinigung Kunststoffverpackungen e. V.
Global market for industrial packaging
Global market for industrial packaging is forecast to reach $61 billion by 2020, according to Simthers Pira.
INEOS to integrate INEOS ABS into Styrolution business
INEOS is to integrate the INEOS ABS into its Styrolution business to promote their products globally with one face to the market.
German plastics and rubber machinery sales rised
2014 sees German plastics and rubber machinery sales slightly ahead of the previous year, according to VDMA.
DBAG takes a share in Huhtamaki Films
The German Federal Cartel Office has approved the sale of the film manufacturer to the private equity company.
Biesterfeld Plastic acquires the JV shares of Biesterfeld Nordic AB
Biesterfeld Plastic GmbH purchased the shares of their partner Fred Holmberg in the mutual Joint Venture Biesterfeld Nordic AB.
German exports of machines to Russia decreased
German exports to Russia during the period from January to September 2014 decreased by 40%.
Plastics and rubber machinery market to grow
Global sales of plastics and rubber machinery will increase by 3 per cent a year in the period 2014-2016.
Global market for LDPE
Market research institute Ceresana expects sales to increase by 1.5% p.a. until 2021.
Ineos to close Barex plant in USA
Ineos Barex AG announced that it intends to close the Barex plant in Lima, Ohio, in the first quarter of 2015.
