How Europe’s war with plastics affects the petrochemical industry

How Europe’s war with plastics affects the petrochemical industry

With oil use in cars expected to peak in the mid-2020s, oil companies are seeking shelter in petrochemicals – and plastics – where demand is still going strong. However, even that notion is now being challenged because of a global plastics backlash led by Europe. Peak oil – at least in passenger cars – is around the corner, mostly driven by fuel efficiency improvements and rapid electrification of the global car fleet, says the International Energy Agency (IEA). The IEA’s 2018 world energy outlook predicts that oil use in cars…

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Kosovo president sets October 6 as the date for early parliamentary elections

Kosovo president sets October 6 as the date for early parliamentary elections

Since Kosovo’s government collapsed last week, Western countries expect a new cabinet to relaunch talks between Belgrade and Pristina and make sure these countries lift obstacles for joining the EU in the longer term. On Thursday Kosovo 89 out of 120 MPs voted to dissolve the parliament and paved the way for an early national election. Outgoing Prime Minister Ramush Haradinaj had resigned last month facing inquiry over war crimes. On Monday (26 August) Kosovo’s President Hashim Thaçi set 6 October as the date for an early parliamentary election on…

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