AGP Executive Report
Last update: 7 hours agoIndustrial Investment: UPM has opened a €1.37bn biorefinery in Germany, with annual capacity of 220,000 tonnes of wood-based chemicals aimed at replacing fossil inputs. In Italy, Plastipak’s €25m PET centre will produce resin with 30% recycled content for packaging makers. Automotive Policy: France and Germany have agreed to ease EU car-emissions rules and press for a stronger “Made in Europe” push, reshaping the outlook for manufacturers. A separate China-EU consensus on hybrid-vehicle trade aims to reduce uncertainty for exporters. Defence Production: Rheinmetall is expanding automated medium-calibre manufacturing at its Albacete site in Spain with a €20m investment, lifting capacity and employment. Factory Outlook: Eurozone factory output has fallen again as high energy costs weigh on industry, sharpening pressure on EU leaders to deliver energy-price relief and competitiveness measures.
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