Europe top stories: weekly summary
ICIS Editorial
13-Mar-2023
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 10 March.
Europe glycerine prices
mostly fall on slow spot demand
European glycerine spot prices mostly weakened
this week, largely due to lacklustre demand
colliding with widespread availability.
Germany chems production
drops 24% in Q4 – VCI
Germany chemicals production excluding the
pharmaceuticals sector fell 23.6% year on year
and 11.6% quarter on quarter in
October-December 2022 amid falling demand and
capacity utilisation, trade group VCI said on
Thursday.
PET
perfectly placed to show what circularity
really looks like – consultant
The polyethylene terephthalate (PET) value
chain is on the road to circularity, but there
are obstacles in its way, Ben Dixon, partner at
SystemiQ said on Wednesday.
Russia’s Togliattiazot to
start construction in March for transshipment
complex for ammonia, urea at Black
Sea
Russian nitrogen fertilizer major Togliattiazot
(ToAz) will start construction in March of a
transshipment complex for ammonia and mineral
fertilizers at the port of Taman in the Black
Sea.
Global IPEX up 5.4% in
February on chemicals price rises across all
regions
The ICIS Petrochemical Index (IPEX) went up by
5.4% month on month in February on the back of
rising chemical prices across all regions.
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