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In the Spotlight
TOTALENERGIES
Chemically reclaimed material to feed US resin production / Offtake agreement with New Hope Energy
BRASKEM
Q1 core profit falls on higher costs / Strong Brazilian real props up net profit
France’s TotalEnergies has announced plans to make resin with feedstock from a US chemical recycling plant to be built in Texas by the American company, New Hope Energy. The New Hope... (24.05.2022)
Brazilian petrochemicals group Braskem saw its first-quarter recurring EBITDA fall 30% to BRL 4.85 bn as input costs rose faster than revenue growth. The costs of goods sold – comprising... (24.05.2022)
SCHUR FLEXIBLES
Media reports cite liquidity issues / Company says financing solid
ENERGY COSTS
Energy price shock provides catalyst for change / Potential for 10% margin improvements and 40% cut in CO2 footprint
The crises seem to be piling up at Austrian film and packaging manufacturer Schur Flexibles. Several media outlets have reported that the group is experiencing massive financial... (23.05.2022)
The energy price shock that Europe’s industrial players are experiencing could be the catalyst for action that they needed to make them more energy efficient and profitable in the future,... (23.05.2022)
PLASTICS EUROPE
Plastics producers tap Dow VP ten Bruggencate to lead industry group / Sector faces range of pressing issues
EUPC
Benoît Hennaut from Herige elected new president
Marco ten Bruggencate has been appointed head of the European resin makers’ association Plastics Europe. He succeeds Markus Steilemann, CEO of German plastics producer Covestro. Plastics... (20.05.2022)
Benoît Hennaut, chairman and managing director of French building material trading firm, Herige, has been elected president of industry association, European Plastics Converters, at... (20.05.2022)
Latest News
Price Reports and Announcements
RÖHM
Price hike for moulding compounds / Restrictions in production of MMA, PMMA
23.05.2022
POLYMER PRICES
Polyurethane feedstocks May 2022: First markdowns point to development of plateau / Robust demand from construction, Eastern European comfort industry weak / Small price moves expected in June
20.05.2022
POLYMER PRICES
Engineering recyclate May 2022: Prices for rPA 6, rPOM through the roof / Market swept clean of many types / Car sector remains weak / Processors have their backs to the wall
18.05.2022
PIE SPOT PRICE MONITOR
Weak demand puts downward pressure on prices / Wave of energy costs apparently absorbed
17.05.2022
POLYMER PRICES
Standard recyclate May 2022: Higher prices for all grades / Mostly good demand driven by weak availability of virgin material / June set to bring more cost transfers, partly with margin additions
17.05.2022
POLYMER PRICES
Standard thermoplastics trend May 2022: Price reductions dominate the picture / Converters benefit from more storage capacity / Producers come up with special offers / Prices likely to fall further
12.05.2022
POLYMER PRICES
China engineering thermoplastics April 2022: Decrease in prices of most types / Generally low demand / Higher MMA cost and low supply pushed PMMA / Covid-related lockdowns continue to have an impact
12.05.2022
POLYMER PRICES
North America April 2022: Reports of significant increases except for polyolefins / Polyamides in particular are picking up / Inflation and rising interest rates are likely to put pressure on demand / Further inflation in May
11.05.2022
POLYMER PRICES
China standard thermoplastics April 2022: Softer demand pushes prices mostly lower / Continued impact of Covid-19 outbreak / Mixed outlook for May as lockdowns expected to ease
11.05.2022
POLYNT
Price hikes for sheet and bulk moulding compounds
09.05.2022
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Date of print: 25/05/2022
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