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In the Spotlight
EMS
Significantly lower sales volume due to Covid-19 / Margins and liquidity remain high
BASF
Coronavirus crisis creates massive slump in EBIT
First-half sales at polyamide specialist Ems dropped 26.4% year on year to CHF 849m while key earnings fell amidst a global economic slump triggered by the Covid-19 pandemic. The Swiss... (15.07.2020)
BASF swung to a second-quarter loss of EUR 878m due to an impairment against its equity shareholding in oil and gas producer Wintershall Dea amidst declining energy prices. The non-cash... (14.07.2020)
PLASTICS AND ENVIRONMENT
NGO report criticises brand owners and retailers for failing to address waste crisis / Study cites lack of corporate leadership
PIE SPOT PRICE MONITOR
Upward trend continues with balanced market / Holiday season has curbing effect on demand
Consumer-facing companies are failing to address the global plastics pollution problem and are not showing enough corporate leadership, according to a newly released report by US... (14.07.2020)
Higher costs and a balanced market lifted the spot prices of most polyolefins. Only with polypropylene homopolymer injection moulding grades did the previously strong upward trend lose... (14.07.2020)
REHAU
Automotive weakness and coronavirus impact German group / Nearly 1,000 job losses
PLASTICS AND HEALTH
European Parliament committee outlines proposals for sustainability / Inspectors to check products for hazardous substances under REACH
Polymer solutions specialist Rehau, which like most of the plastics industry has been hit hard by the crisis in the automotive sector and recently seen a “massive slump in sales” due to... (13.07.2020)
As Europe prepares to transition to a greener and safer chemicals economy, the European Parliament and the European Chemicals Agency have weighed in with proposals on how to achieve and... (10.07.2020)
Latest News
Price Reports and Announcements
POLYMER PRICES
China standard thermoplastics June 2020: Notations head upwards for all grades / PVC skyrockets / Demand recovering but supply generally short / Higher crude oil prices / July to see supply improve
15.07.2020
PIE SPOT PRICE MONITOR
Upward trend continues with balanced market / Holiday season has curbing effect on demand
14.07.2020
POLYMER PRICES
North America June 2020: Export business props up PP prices / PP and PVC bottom out / Engineering plastics tread water / Higher feedstock prices / Uncertainty in July in view of infection developments
14.07.2020
POLYMER PRICES
Standard thermoplastics trend July 2020: Notations rising / Price hikes often exceed feedstock cost increases / Demand restrained as a result / Imports boost supply
13.07.2020
POLYMER PRICES
Russia June 2020: Notations rise moderately for PE, PP and PVC / PET grades at record low due to continued restrictions / Price increases for PVC expected in July
09.07.2020
TRINSEO
Price increases for styrenics in Europe
08.07.2020
POLYMER PRICES
Composites/GRP June 2020: Resins lose some ground and may bottom out in July / Market quieter / Most glass fibre products unchanged
07.07.2020
POLYMER PRICES
Engineering thermoplastics June 2020: Prices fall to near-record lows / Producers fight plummeting prices with little success / Demand livelier but still weak / Automotive gives a glimmer of hope
06.07.2020
INEOS STYROLUTION
Price hikes for polystyrene and ABS
03.07.2020
POLYMER PRICES
Polyethylene June 2020: Ethylene increase rarely factored in full into polymers / Demand below expectations / Production cutbacks still the norm / Upward trend in July
03.07.2020
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© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 15/07/2020
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