Chemical industry

Türkiye's chemicals industry generated a total of $7.4 billion in export revenues in the first three months of 2023.

This corresponded to 12.1 percent of the country's total export revenues in January-March, which stood at $61.6 billion.

The Turkish chemical industry, which has achieved 92 percent growth in exports in the last five years and reached the top with a record export of $33.6 billion in 2022, aims for total exports of $50 billion by 2030.

A ban on polyethylene plastics waste imports was lifted according to a presidential decree published on the Official Gazette.

Nearly 1,350 plastics recycling companies will have to apply for a license in accordance with their thermoprocessing capacity, the Turkish Plastics Industry Foundation (PAGEV) said.

Production of industrial chemicals in the European Union (EU) increased in 2018 compared with the previous 3 years, but it is still at lower levels than in 2004, Eurostat data showed.

The agenda of the meeting of the EU environment council held in Luxembourg on Wednesday, included a discussion on the management of chemicals, according to a press statement released by the Romanian Ministry of the Environment. The meeting was the last organised under the aegis of the Romanian presidency of the EU Council.

A new cold weather front expected to sweep in on Saturday is likely to put additional pressure on the country's already stretched natural gas and electricity systems.

Sofia plans to take a minority stake in a liquified natural gas (LNG) terminal near Greece's northern city of Alexandroupoli, Bulgarian Energy Minister Temenouzhka Petkova has said, according to reports.

Greece aspires to become a regional marine bunkering and distribution hub for liquefied natural gas (LNG) in the Eastern Mediterranean through the European Union co-funded "Poseidon Med II" project, according to local officials.

At a time when the global shipping industry is eager to invest in clean fuel to meet new international requirements, a newly established Greek firm, Probunkers, on Tuesday presented its plan for the creation of the first global supplier of bunkering services.

A Turkish company, LNG Gaz Üretim Depolama ve Satış A.Ş., has received the green light to progress the country's first onshore LNG production and storage in the country's midwestern and northern Anatolian regions, the president of the company said on May 8.