Petrotahlil --Here are some of the top stories from ICIS Europe for the week ended 23 October.
Europe styrene prices climb on higher Asia demand after China holidays
Europe styrene spot prices have risen since the start of the month, on higher prices in Asia where demand has jumped after China prices surged after the National Day Golden Week holiday.
Eurozone industry expands in October, job losses continue
The eurozone’s manufacturing growth accelerated in October but unemployment kept rising, while the services sector went into a “steeping contraction” as new pandemic restrictions take a toll, analysts at IHS Markit said on Friday.
PODCAST: Reach 2.0 should help Europe meet 2050 targets - ECHA
The European Commission’s new Chemical Strategy for Sustainability should help Europe meet the aim of climate neutrality, the head of the European Chemicals Agency (ECHA) says.
Policy ‘make or break’ for chemicals industry's circular, green challenges – Brudermuller
Government policy is key to driving the innovations necessary to achieve the goals of a net-zero Europe and underpin the green reconstruction of the bloc’s economy in the wake of the coronavirus pandemic, according to the new president at EU trade group Cefic.
Recycling barely dents crude demand as global infrastructure remains poor - IEA
Crude oil demand from petrochemicals will rise in coming years as virgin plastics continue to be churned out at pace given the poor implementation of recycling infrastructure across the globe, a petrochemicals analyst at the International Energy Agency (IEA) said.
PODCAST: UK-EU27 chemicals face severe Brexit disruption with or without a deal
The UK chemical sector and its EU27 trading partners must face up to the reality of severe disruption to trade with or without a free trade deal coming into force.
Europe MMA market remains snug amid shutdown season
The European methyl methacrylate (MMA) market remains snug due to supply disruptions and healthy demand.
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Source : ICIS