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Investments in South Korea's Hyundai and India's Reliance / Strategic global expansion continuing

The expansion drive of the state-owned oil giant Saudi Aramco is continuing unabated. After acquiring a majority stake in Sabic, the company is evidently putting the focus on international activities again. Citing well-informed circles, the Times of India has reported on Aramco's intention to acquire a 25% stake in the refinery and petrochemical business of major Indian group Reliance Industries. A sum of USD 10-15 bn is reputed to be under discussion, with an agreement expected to be reached... (18.04.2019)

TURKEY Spot prices rise in first quarter / Plastics imports increase at the start of 2019	MOL MOL acquires German compounder Aurora / Expansion of PP recycling materials
At the start of 2019, the Turkish plastics market calmed down somewhat after a turbulent 2018. In the meantime, spot prices have clearly moved away from the peaks in August 2018. Turkish... (18.04.2019)	Hungarian oil and petrochemicals group MOL announced the acquisition of family-owned recycling and compounding company Aurora a few days after the German company’s compounding expansion... (17.04.2019)
MARINE LITTER UK university heads global plastics pollution study / Focus on microplastics in rivers and estuaries	CHINA Polyethylene capacity continues to expand in 2019 / Potential to become world's top PE producer in two years
The University of Birmingham is leading a global initiative to research plastics pollution in rivers. Scientists are taking samples at more than 60 locations around the world as part of... (17.04.2019)	China, a major polyethylene producer and consumer, has been expanding its PE capacity to cater to the increasing domestic demand in recent years. Five producers will launch six PE... (16.04.2019)
TOTAL PS plant in Spain to close / European consolidation continues	PLASTICS RECYCLING EUROPE EU recyclers call for improved recycling systems for technical plastic parts / PRE strategy paper
French energy and petrochemicals group Total is in the process of closing its polystyrene site at El Prat / Spain, near Barcelona, and concentrating PS production at its integrated sites... (16.04.2019)	There is an urgent need to improve the recycling of technical plastic parts in the EU, says Plastics Recyclers Europe in its “Technical plastic parts strategy paper”. Obsolete waste... (15.04.2019)

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Plastic Fantastic

James Bond – a licence to green 007 has driven many different cars, the Lotus “Esprit”, a rather spectacular, self-driving BMW and even a Ford – needless to say, none of these ever made it home in one piece. As it seems ... (18.04.2019)

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Latest News

POLYMER PRICES Engineering Recyclate April 2019: Notations largely stabilise / Only occasional softening with rPA 6 and rPC / Little change expected in May	18.04.2019
BASF Next phase of MDI expansion plans in Louisiana / Additional EUR 77m investment	18.04.2019
INEOS STYROLUTION New plant to produce composite semi-finished products / Start-up in Germany set for 2022	18.04.2019
DANAFLEX Russian packaging manufacturer opens plant in Czech Republic	18.04.2019
CARTONPLAST German provider for container transport solutions expands three locations / Plant in operation after fire / New washing line at Portuguese site	18.04.2019
TEPPFA Fausto Bejarano appointed president	18.04.2019
PLASTIC FANTASTIC James Bond – a licence to green	18.04.2019

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Price Reports and Announcements

POLYMER PRICES Engineering Recyclate April 2019: Notations largely stabilise / Only occasional softening with rPA 6 and rPC / Little change expected in May	18.04.2019
POLYMER PRICES Standard Recyclate April 2019: Prices predominantly stable / Some grades slightly more expensive / Upcoming holidays dampen demand / Recyclers still aiming to factor in increased costs	17.04.2019
PIE SPOT PRICE MONITOR Trading prices for polyolefins continuing to rise	16.04.2019
POLYMER PRICES Standard Thermoplastics Trend April 2019: Prices rise further / Higher monomer costs are main driver / Unscheduled plant outages bring additional upward thrust to polyolefins	12.04.2019
POLYMER PRICES China Engineering Thermoplastics March 2019: Most polymers see downtrend on subdued demand / Subdued market in general / April should see demand growing stronger	12.04.2019
POLYMER PRICES North America March 2019: Major fire in Texas hits exports / PE prices move sideways / PP falls further / PS and PVC up slightly / Engineering plastics unchanged	12.04.2019
POLYMER PRICES China Standard Thermoplastics March 2019: Most polymers on downward price trend / PET, HDPE imports and PP are exceptions / Feedstocks witness falling notations / High inventory levels and subdued demand in general	11.04.2019
POLYMER PRICES Russia March 2019: Polyolefins give way / Otherwise moderate increases / Prices rising in April	08.04.2019
COMPOSITES Price hikes for composites products in EMEA region	05.04.2019
POLYMER PRICES Composites/GRP March 2019: Ortho resins lose ground despite higher styrene / Weak automotive economy curbs demand / Improvement in sight	05.04.2019

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Readers' Choice

AUTOMOTIVE INDUSTRY Global prospects for 2019 at best subdued / Job losses and plant closures expected / European manufacturers face big decisions	09.04.2019
UPDATE - PETROCHEMICAL MARKETS Polypropylene: Borealis declares force majeure on PP from Schwechat / Malfunction of reactor	09.04.2019
INEOS STYROLUTION First batch of PS from recycled styrene / Next step to take process to industrial-scale	12.04.2019
ITALY Slowdown impacts consumption of polymers / Solid growth for plastics machinery sales in 2018 / Agreement with China could lead to investments in Italian ports	10.04.2019
TOTAL PS plant in Spain to close / European consolidation continues	16.04.2019
SAUDI ARAMCO Investments in South Korea's Hyundai and India's Reliance / Strategic global expansion continuing	18.04.2019
MOL MOL acquires German compounder Aurora / Expansion of PP recycling materials	17.04.2019
CHINA Polyethylene capacity continues to expand in 2019 / Potential to become world's top PE producer in two years	16.04.2019

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