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In the Spotlight
YEAR-ENDERS
Wrapping up 2024, sizing up 2025 – PIE series
— By PIE staff — With the year on its way out, it’s time again to take stock of the European plastics industry and related sectors with PIE’s annual Year-Ender series. As was our gift to you last December, we’re bringing you an analysis of the year that was, with hints of what you could look forward to in 2025. Our goal, simple as always, is to help you make better business decisions with a clearer... (11.12.2024)
YEAR-ENDER: EUROPEAN ECONOMIC OUTLOOK
Growth set to improve in '25 / US policy remains wild card
— By Eric Culp — The good news is that the Eurozone economy is expected to perform better next year than it did this year. The bad news is that growth in 2024 has been weak, and analysts have been lowering their expectations for the coming 12 months. With the annual increase in euro area GDP widely forecast... (06:00)
POLYMER PRICE FORECASTS
Further decline in naphtha / Precursors to also ease in January
— By PIE Price Team — The price of naphtha fell by almost 4% in the first two weeks of December, and demand is also likely to remain weak in January. The forecast expert on PIE’s price team, Julia Mihalkina, expects ethylene and propylene contracts to ease at the start of the year before rising slightly... (06:00)
CONTINENTAL
Spin-off of automotive division planned by end-2025 / Plastics-related ContiTech to remain with group
— By PIE staff — Following various reports of bankruptcies and job cuts, the next bit of news is causing a stir in the crisis-buffeted automotive supply sector. DAX-listed Continental has decided to spin off its loss-making automotive division and run it as a separate company. CEO Nikolai Setzer said, “We... (11.12.2024)
PLASTICS RECYCLING EUROPE
Measures needed to counteract slowdown in recycling capacity growth / EuRIC publishes roadmap to boost competitiveness, innovation
— By Heather Arnest Liesch — Concerns over circularity and competitiveness of local industry have prompted the European Recycling Industries’ Confederation to publish a roadmap for plastics recycling. With the plastics recycling industry battling weak demand, low prices, and “unfair and fraudulent”... (11.12.2024)
CHEMICAL RECYCLING
Zero Waste Europe calls for virgin production cap over chemical reclaim / Industry sees benefit for mixed plastics waste
— By PIE correspondent — Capping virgin polymer production would have a greater global impact on reducing plastics waste than increasing chemical recycling, a process which is actually aligned with making more virgin plastics, a new report has claimed. Waste monitoring group Zero Waste Europe said in its... (10.12.2024)
ELECTRIC VEHICLES
Demand for lithium-ion battery protection material set to accelerate / Growth in EV sales to see boom in HMWPE market
— By PIE correspondent — With demand for electric vehicles set to soar over the next decade, maintaining the safety and integrity of the lithium-ion batteries that power them is projected to intensify. This is one of the factors behind the expectation of research group MLT Analytics that demand for high... (10.12.2024)
Plastic Fantastic
Napcor on Santa's naughty list this Christmas
— By Andru Shively — With great power comes great responsibility. Looking at recycling, we’ve already seen how the forces of social media can be used for good. But there are two sides to ... (06.12.2024)
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Latest News
BODO MÖLLER
German distributor enters exclusive acquisition talks with Rocktin / Expansion of Asian activities planned
06:00
DOGAPET
Additional equipment for new PET recycling plant in Turkey / Two Starlinger lines installed
06:00
POLYMER PRICES
Standard thermoplastics trend December: Little movement ahead of winter break / Minor price adjustments at most
11.12.2024
LIGNIN INDUSTRIES
Partnership with UK compounder Hellyar / Plans to scale up bio-based feedstock
11.12.2024
CLICKPLASTICS
New compounding plant brought into operation
11.12.2024
POLYMER PRICES
North America November: Rollovers, reductions on weak market fundamentals / Weakness set to continue into new year / Trump's customs duties big unknown factor
10.12.2024
NOVOLEX
Billion-dollar takeover of Pactiv Evergreen / New group with USD 10 bn in turnover
10.12.2024
PET BOTTLES GERMANY
Consumption down to 408,000 t / First time recyclates outnumber virgin material in moulding blanks – GVM study
10.12.2024
NEXEO PLASTICS
Distribution portfolio for EMEA region expanded / Sale of MBA Polymers recyclate, Teknor Apex TPE
10.12.2024
Social networks
Price Reports and Announcements
POLYMER PRICE FORECASTS
Further decline in naphtha / Precursors to also ease in January
12.12.2024
POLYMER PRICES
Standard thermoplastics trend December: Little movement ahead of winter break / Minor price adjustments at most
11.12.2024
POLYMER PRICES
North America November: Rollovers, reductions on weak market fundamentals / Weakness set to continue into new year / Trump's customs duties big unknown factor
10.12.2024
POLYMER PRICES
Engineering thermoplastics November: Prices fall further / Stock levels rise on weak demand, increasing imports
04.12.2024
POLYMER PRICES
Composites / GRP November: Converters insist on further price reductions for resins / Scarcely any movement for glass fibres
04.12.2024
TRINSEO
Surcharges for PS, ABS announced despite lower monomer costs
03.12.2024
POLYMER PRICES
Polypropylene November: Polymer prices fall despite increase in monomer / Supply still greater than demand / Inventory reduction towards end of the year
03.12.2024
POLYMER PRICES
Polyethylene November: Polymer prices fall despite increase in cost of monomer / Demand under additional pressure through stock reductions for balance-sheet reasons
03.12.2024
POLYMER PRICES
Styrenics November: Prices remain at previous month's level / Demand still poor / Little price movement expected in December
03.12.2024
POLYMER PRICES
Feedstocks November/December
03.12.2024
Readers' Choice
VERSALIS
“Prevent this massacre!” / Round table with Italian economics minister Urso, trade unions, associations on closure plans
05.12.2024
DISTRUPOL
Plastics distributor goes to competitor Omya / Objective to build global polymer distribution platform
09.12.2024
LOGISTICS
Russia reportedly sends barrels of oil to North Korean ports / Imbalance in world trade reveals Europe's export plight
29.11.2024
PETROCHEMICAL MARKETS
Polyamide 6: Domo Chemicals declares force majeure at HQ site
02.12.2024
LOGISTICS
Shipping companies to buy more CO2 certificates for container transport 1 January onward / Freight rates likely to rise
06.12.2024
PETROCHEMICAL MARKETS
Olefins: Technical issues at LYB cracker in Berre, France / Impact on polymers unclear
03.12.2024
LOTTE
Management job cuts at Korean plastics group likely / Strained business situation forces restructuring measures
05.12.2024
PETROCHEMICAL MARKETS
Polypropylene: Braskem declares force majeure for certain grades from German site
29.11.2024
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Date of print: 12/12/2024
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