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In the Spotlight
POLYURETHANE MARKET
Strong Indian consumption boosts Asian market in 2024 / Positive outlook for next five years, with fastest growth in India and Indonesia – IAL Consultants
— By Elaine Burridge — Thriving Indian demand for rigid insulation panels and flexible seating foams was a key feature of the Asia-Pacific polyurethane market in 2024, according to the latest research by IAL Consultants. In its report, Polyurethane Chemicals and Products in Asia Pacific 2025, IAL said that India had the highest growth of 9.5% last year. Indonesia came a close second with 8.4%, as urban... (16.07.2025)
PLASTICS RECYCLING ITALY
Mechanical recycling bounces back despite persistent challenges / Sector loses nearly third of its turnover over two years
— By Vladislav Vorotnikov — The Italian mechanical plastics recycling sector, comprising 77 companies that operate 86 plants, saw a 3.2% rise in output, to 833,000 t in 2024, following two years of low demand and weak production activity, according to the 2024 industry report by recyclers’ association... (06:00)
BASF
Group issues profit warning / Q2 sales down by over 2%
— By Marilyn Gerlach — Due to a weaker economic outlook, BASF has had to issue a profit warning. The German chemical giant lowered its full-year outlook after preliminary second-quarter core profit declined amidst risks posed by geopolitical tensions and US trade policies. BASF said EBITDA – its core... (15.07.2025)
ABS
EU decision on provisional anti-dumping measures on imports from South Korea, Taiwan imminent / Risks from possible retroactive duties
— By PIE staff — Europe’s ABS industry is looking forward to 16 July with suspense: on this date, the European Commission is expected to decide whether and to what extent it will impose provisional anti-dumping duties on ABS imports from South Korea and Taiwan. The final customs decision is expected to be... (15.07.2025)
PIE SPOT PRICE MONITOR
Quotations trend mixed at start of holiday season
— By PIE Price Team — Activity on the European spot markets showed little movement during the reporting period from 9 June to 13 July 2025. Monthly contracts for ethylene and propylene were once again settled at a rollover in July, exerting a stabilising influence on pricing. Ahead of the summer holidays,... (15.07.2025)
PETROCHEMICAL MARKETS
Polyolefins: Unipetrol restarts two lines
— By PIE staff — Orlen subsidiary Unipetrol was able to move faster than previously expected in getting its plants up and running after the recent outage in the Czech Republic. In response to a PIE query, the group said it has restarted two of three lines at its Czech site in Litvinov over the weekend of... (14.07.2025)
COVESTRO
Outlook for 2025 downgraded yet again / Preliminary Q2 core profit seen down 16%
— By Marilyn Gerlach — German speciality chemicals group Covestro slashed its 2025 outlook for the second time in barely three months, citing a persistently weak global economy. The latest financial expectations were announced amidst media reports that the European Commission would review the planned... (14.07.2025)
Plastic Fantastic
Seafarers: Your mission this summer, should you choose to accept it…
— By Andru Shively — Sailors, assemble!To the salt, to the seaTo your ships out to seeA Great Pacific Garbage Patch, a GPGPDutch non-profit The Ocean Cleanup has put out the call to all ... (04.07.2025)
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Latest News
PLASTICS PRODUCTION GERMANY
First-quarter production up significantly / Future seems dim – Plastics Europe
06:00
VEOLIA
Construction of major PET recycling plant in UK / 80,000 t/y facility to come online in 2026
06:00
POLYMER PRICES
China engineering thermoplastics June: Prices mostly sideways to lower / Only PBT higher on rise in feedstock costs / Demand mixed in traditional off-season / Little change to downward movement in July
15.07.2025
POLYMER PRICES
North America June: Prices trend sideways or firmer / Uncertainty due to US tariff policy / Hurricane season likely to trigger more stock purchases / Price increases announced for standard thermoplastics in July
15.07.2025
JSP
Acquisition of German mouldmaker complete
15.07.2025
PLASTIC PACKAGING GERMANY
Outlook for third quarter – IK business survey / Cautious optimism after difficult start to the year
15.07.2025
EMS-CHEMIE
H1 results confirm unbroken growth trend / Little effect anticipated from tariffs
15.07.2025
PLASTIC PACKAGING
EuPC warns reusable alternatives to SUP pallet wraps could backfire / Study estimates added annual costs at EUR 4.9 bn in eight sectors
14.07.2025
KIMPUR
Turkish PU system house enters recycling business / PET bottle waste processed into polyols
14.07.2025
Social networks
Price Reports and Announcements
POLYMER PRICES
China engineering thermoplastics June: Prices mostly sideways to lower / Only PBT higher on rise in feedstock costs / Demand mixed in traditional off-season / Little change to downward movement in July
15.07.2025
POLYMER PRICES
North America June: Prices trend sideways or firmer / Uncertainty due to US tariff policy / Hurricane season likely to trigger more stock purchases / Price increases announced for standard thermoplastics in July
15.07.2025
PIE SPOT PRICE MONITOR
Quotations trend mixed at start of holiday season
15.07.2025
POLYMER PRICES
Standard thermoplastics trend July: Little change for polyolefins, PVC / Further styrene contract decline puts pressure on prices
11.07.2025
POLYMER PRICE FORECASTS
Political risks weigh on petchem prices / Outlook through January
11.07.2025
POLYMER PRICES
China standard thermoplastics June: Prices trend mostly sideways / Weak demand balanced by rise in feedstock costs / LDPE, PET quotations higher / Most July prices to decline amid off-season
10.07.2025
POLYMER PRICES
PX June: Contract rises slightly due to conflict in the Middle East
07.07.2025
POLYMER PRICES
PX June: Contract delayed again / Experts expect an increase
07.07.2025
POLYMER PRICES
Engineering thermoplastics June: Prices fall further across the board / Demand stagnates to unsustainable level
03.07.2025
POLYMER PRICES
Composites/GRP June: Further pressure on declining resin and glass fibre prices / Weak demand, lack of momentum
03.07.2025
Readers' Choice
DOW CHEMICAL
US chemical company to shutter plants in Germany, UK / Around 800 jobs at risk
07.07.2025
AUTOMOTIVE RECYCLING
EU Parliament, Council plan significantly lower minimum recyclate quotas for new vehicles / Will ELV Directive come into force by mid-2026?
10.07.2025
PETROCHEMICAL MARKETS
Polyolefins: Unipetrol declares force majeure for Czech site
09.07.2025
PETROCHEMICAL MARKETS
Ducor declares force majeure for polypropylene from Netherlands
08.07.2025
BASF
Group issues profit warning / Q2 sales down by over 2%
15.07.2025
LOGISTICS
Minimum wage increase causes discontent in German transport industry / Low river levels from Europe's heatwave disrupt shipping
04.07.2025
EU POLICY
Green agenda starts to wither / Is brown the new beautiful? / Macron calls for second rethink of 2040 targets
03.07.2025
COVESTRO
Outlook for 2025 downgraded yet again / Preliminary Q2 core profit seen down 16%
14.07.2025
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Date of print: 16/07/2025
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