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In the Spotlight
EDITORIAL
When will we take our fate into our own hands?
CHEVRON PHILLIPS
Reuters reports acquisition plan for Nova Chemicals / Further concentration on the North American PE market?
A large North American oil, petrochemicals and plastics group wants to take over another major plastics player. Okay, nothing new. But with the current situation in the global polyethylene... (24.06.2019)
Chevron Phillips Chemical is reputedly offering more than USD 15 bn to acquire Canadian competitor Nova Chemicals. As news agency Reuters is reporting on an exclusive basis, the current... (24.06.2019)
PLASTICS MACHINERY USA
Domestic sales fall quarter-on-quarter, rise year-on-year / Exports ebb slightly in Q1
BRASKEM
Owner Odebrecht files for bankruptcy protection
US plastics machinery sales slid back in the first quarter of 2019 after strong business development in 2018, according to the latest market report by Plastics Industry Association... (24.06.2019)
Brazilian construction giant Odebrecht, which is the majority owner of resins producer Braskem, has filed for bankruptcy protection in Brazil. The company aims to restructure BRL 51 bn... (21.06.2019)
GLASS FIBRES
Consortium of processors defends against anti-dumping lawsuit brought by European manufacturers
PLASTICS AND ENVIRONMENT
Several African countries ban single-use plastics to fight pollution / Many plastic carrier bag bans already in effect
The complaint brought by European fibre producers against the dumping practices of Jushi and Chongqing Polycomp International, two Asian competitors with production in Egypt and Bahrain... (21.06.2019)
According to local media reports, Egypt produces 970,000 t/y of plastics waste and uses around 12 bn plastic carrier bags each year. In an effort to fight this pollution and protect the... (20.06.2019)
Latest News
Price Reports and Announcements
POLYMER PRICES
Engineering Recyclate June 2019: Minor corrections with ABS and polycarbonate / Sluggish demand in automotive segment / Overall demand for regrind material nevertheless good / Price cuts likely with PA and PP compounds
20.06.2019
POLYMER PRICES
Standard Recyclate June 2019: Prices largely unmodified despite increased purchasing costs / At most pro rata cost transfers / Significant discounts on rPET clear and rPET flakes clear
19.06.2019
POLYMER PRICES
Polyurethane Feedstocks June 2019: Producers drive TDI up despite slack demand / MDI firms noticeably / Ordering still quiet / Turnarounds approach
19.06.2019
PIE SPOT PRICE MONITOR
Polyolefin notations fall in an uncertain global situation
18.06.2019
POLYMER PRICES
China Engineering Thermoplastics May 2019: Price decreases in all engineering thermoplastics / Low demand / High supply
17.06.2019
POLYMER PRICES
Standard Thermoplastics Trend June 2019: Pressure on prices constantly rising / Polyolefins and PVC nevertheless remain stable in first third of month / Styrenics plummet along with SM / Subdued demand dominates the scene
14.06.2019
POLYMER PRICES
Russia May 2019: Overall market still quite weak / Only PVC shows slight upward movement
13.06.2019
POLYMER PRICES
China Standard Thermoplastics May 2019: Price decreases in most standard thermoplastics / Low demand / High supply
12.06.2019
POLYMER PRICES
North America May 2019: Polyolefins tend sideways to firmer / PVC and PS roll over / Most engineering thermoplastics move sideways / Markets suffer from trade disputes and automotive slowdown
12.06.2019
POLYMER PRICES
Engineering Thermoplastics May 2019: Price pressure continues / Producers have trouble keeping notations stable / Automotive slump remains key concern / More reductions probable
06.06.2019
Readers' Choice
PIE Spot Price Monitor
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Date of print: 25/06/2019
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