GERMAN CHEMICAL INDUSTRY GROUPS REJECT CALLS TO CLOSE PLANTS AS COVID-19 HITS HARD

Highlights:

• The top chemical industry trade groups in Germany have been rejecting the calls for closing the plants as a part of the strict covid-19 lockdown
• The chemical maker group said that, the closure of the plants will be counter productive in al...

TOKYO STOCKS END MODERATELY LOW ON FRIDAY OVER INVESTOR LOCKING GAINS

Highlights –

• Tokyo stocks end moderately low on Friday over investor locking gains.
• The 225-issue Nikkei Stock Average ended down 125.41 points.
• The broader Topix index of all First Section issues on the TSE finished at 4.00 points.

POSCO CHEMICAL SOLD SHARES TO RAISE $1.1 BILLION FOR RECHARGEABLE BATTERY BUSINESS

Highlights –

• POSCO Chemical sold shares to raise $1.1 billion for rechargeable battery business.
• POSCO Chemical Co. sold 16.47 million shares at 77,300 won.
• The new shares are said to be listed on the Seoul bourse on Feb. 3.

TATA CHEMICALS MAY ACQUIRE ARCHEAN’S INDUSTRIAL SALT UNIT

HIGHLIGHTS

• Talks between Tata Chemicals and Archean Group are at an advanced level.
• Talks are about Tata chemicals acquiring the industrial salt unit of Archean Group.
• The industrial salt unit is worth ?450 billion (US $61 million) at a min...

UNITED KINGDOM’S PLASTIC INDUSTRY LAUNCHES NEW PLASTIC WASTE RECYCLING STRATEGY

Highlights:

• The British Plastics federation or BPF has launched a new strategy for minimising the export of the plastic waste from the United Kingdom
• The BPF believes that, the United Kingdom can achieve the rates of recycling by the year 2030
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NEW CHEMICALS REGIME LAUNCHED IN THE UNITED KINGDOM

Highlights:

• The government of United Kingdom has launched the new chemicals regime in the country
• The government of the United Kingdom had worked very closely with the stakeholders, partners and industry for developing a new IT system

TOKYO STOCKS ADVANCED ON TUESDAY WITH NIKKEI HITTING HIGH

Highlights –

• Tokyo stocks advanced on Tuesday with Nikkei hitting a high.
• The 225-issue Nikkei Stock Average advanced 438.34 points.
• The Topix index of all First Section issues on the TSE was up at 18.80 points.
• Stock issue...

EUROPEAN UNION BANS PLASTIC WASTE FOR BEING SHIPPED TO DEVELOPING COUNTRIES FROM 1ST JANUARY 2021

Highlights:

• The European Union has banned the plastic waste for being shipped to the developing countries
• The large quantity of the plastic waste, which has been sent to the southern region of the Globe is not being treated properly

...

EUROPEAN COUNTRIES AND COMPANIES PLEDGED TO RECYCLE PLASTIC WASTES

Highlights:

• The multiple companies and the European nations have made a commitment to reduce the plastic waste
• This is an initiative taken, which has been aiming for creating a cross-border circular economy for the material in the next five years
...

YARA PLANNING TO PRODUCE GREEN AMMONIA IN NORWAY

Highlights:

• The company ‘Yara’ is planning to produce green ammonia in Norway
• The fertilizer giant of Norway said that, the primary use of the green ammonia is going to be fuel instead of fertilizer

The company Yara, whic...

PESTICIDES LABELS TO INCLUDE MODE OF ACTION INFORMATION IN UNITED KINGDOM FROM 2023

Highlights:

• The labels on the pesticides will be including the mode of action on them from the year 2023 in United Kingdom
• The labelling will be helping the farmers and the agronomists for tackling against the threat of resistance

Th...

THE COMPANY BASF COMPLETES NEW PLASTIC ADDITIVES PLANT IN ITALY

Highlights:

• The company BASF has announced that, the company has completed the construction of its plastic additive plant in Italy
• The Pontecchio site of BASF has already been a major production unit for hindering the anime light stabilizers

UNITED KINGDOM WILL SUPPORT THE PARIS AGREEMENT ON PLASTIC POLLUTION

Highlights:

• The government of the United Kingdom will be supporting the Paris Agreement of plastics for decreasing the plastic pollution
• During the virtual meeting, United Kingdom was reported considering for the negotiation of the new global deal

HYUNDAI AND INEOS ENTER INTO MOU FOR MAKING INROADS IN HYDROGEN ECONOMY

• Hyundai Motor Co. and INEOS, one of the world's prime chemical producers headquartered in London, announced on Nov. 23 the signing of a MoU to explore new opportunities to accelerate the global hydrogen economy.
• Hyundai and INEOS will in tandem investigate opportunities for...

BIFFA TO JOIN 1.5 MILLION POUNDS PROJECT FOR PLASTIC RECYCLING IN UNITED KINGDOM

Highlights:

• The Biffa is going to join a new 1.5 million pounds project for revolutionising the recycling of plastic
• The project is going to led by the University of Manchester, which mainly aims for developing the simpler methods of plastic recycling...

EUROPEAN UNION DEFINES SUSTAINABLE PLASTIC FOR BOOSTING GREEN FINANCE

Highlights:

• The European Union has defined a sustainable plastic manufacturing in the draft of the green finance rules
• The new standards for the sustainable plastic manufacturing are going to be tabled in the coming days

The manufact...

70 NGOs HAVE URGED EUROPEAN COMMISSION TO STOP EXPORT OF PESTICIDES TO THIRD COUNTRIES

Highlights:

• A group of 70 NGOs in the European Union have urged for stopping the exports of the toxic pesticides to the third countries
• Most of the exports are done in the low-income countries which includes Brazil, Ukraine, Morocco, Mexico and Africa...

CHEMICALS STRATEGY OF EUROPEAN UNION TO TRANSFORM COSMETICS REGULATION

Highlights:

• The Chemicals Strategy of the European Union is standing for altering the significant implications for the cosmetics industry
• The European Commission is also aiming for extending the generic approach to make sure that the products are free...

EUROPEAN COMISSION REFERRED FRANCE TO EU’S JUSTICE COURT OVER AIR POLLUTION

Highlights:

• The European commission have referred France to the Court of Justice of the European Union for failing to protect the citizens of France against the poor quality of air
• The European Union executive said that, France did not respect the dai...

EU FOCUSES ON CHEMICAL MIXTURE STRATEGY TO KNOW ITS IMPACT ON HUMAN AND ENVIRONMENTAL HEALTH

Highlights:

• In the mid of October, the European Union have adopted a new strategy on the chemicals to deal with the impacts on human and environmental health
• The work has been started across the European Union for addressing the impacts of the pestici...