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In the Spotlight
PETROCHEMICAL MARKETS
PP: Braskem declares force majeure in Germany / Raw material deliveries unexpectedly cancelled
LOOP INDUSTRIES
Multi-year rPET supply agreements with Coca-Cola and PepsiCo / Chemical recycler's net loss widens in H1 2018
Polyolefins group Braskem has declared force majeure on deliveries from its PP plant in Wesseling / Germany near Cologne. According to a letter from 5 December 2018, a key supplier is... (06.12.2018)
Canadian recycling technology start-up Loop Industries has entered into multi-year supply agreements with leading and rival drinks retailers Coca-Cola and PepsiCo. Under the deal with... (06.12.2018)
PETROCHEMICAL MARKETS
France: Strike suspended at refineries / Trade union negotiations resume
IRELAND
Working group to develop plastics waste policy / National study for meeting EU single-use targets
The strike at Total's refinery sites in France was suspended on 30 November 2018. After the more than week-long walkout, the group signalled it was willing to negotiate about the... (05.12.2018)
Ireland plans to set up an inter-departmental working group on circular economy in 2019 as the country looks to form a strategic policy for tackling plastics waste. “We want to take stock... (05.12.2018)
PETROCHEMICAL MARKETS
Olefins: LyondellBasell shuts down cracker in Germany due to failure
PETROCHEMICAL MARKETS
PET: Indorama declares force majeure on production in Rotterdam / More technical problems after fire
Plastics producer LyondellBasell told PIE that the larger of two crackers at its site in Wesseling / Germany site had a "controlled shutdown due to a malfunction." The company did not... (04.12.2018)
According to media reports, Indorama Ventures announced force majeure on PET shipments from the company's plant at Europoort Rotterdam / The Netherlands at the end of November.... (03.12.2018)
Latest News
Price Reports and Announcements
POLYMER PRICES
Composites/GRP November 2018: Resins slip / More downward momentum likely / Demand from all but automotive holds up / Glass fibre unchanged
07.12.2018
POLYMER PRICES
Engineering Thermoplastics November 2018: Falling automotive demand leads to price erosion / Tight supply stabilises PA 6.6, PBT and POM / Downtrend could gain momentum in December
06.12.2018
POLYMER PRICES
Polyethylene November 2018: Falling ethylene reference sets trend / Most notations show moderate decline / Following ethylene crash, December should see substantial price cuts
05.12.2018
POLYMER PRICES
Polypropylene November 2018: Production outages trigger rollover / C3 fall factored in for homo injection moulding / Prices will sink noticeably in December
05.12.2018
POLYMER PRICES
Styrenics November 2018: Large discounts after SM reference nosedives / Cost reduction only partly transferred for PS and EPS / Occasional bottlenecks / Slump will continue in December
05.12.2018
POLYMER PRICES
PET November 2018: Downward thrust in notations gaining pace / Asian imports flowing back onto the market / Further corrections of the exceptional highs expected in December
04.12.2018
POLYMER PRICES
PVC November 2018: Prices roll over or slightly fall / C2 reduction cannot be factored in across the market / Availability still limited / Large cut in the ethylene reference for December leads to expectations of price cuts
04.12.2018
POLYMER PRICES
Base Petrochemicals, Aromatics and Feedstocks: November / December 2018
04.12.2018
STYRENICS
Ineos Styrolution and Trinseo announce large price reductions again in Europe
04.12.2018
KEM ONE
Price decrease for PVC in Europe in December / PVC production in France ramping up
28.11.2018
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Date of print: 10/12/2018
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