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TÖNISSTEINER
Why use PET recyclate for returnable bottles, Mr Mallm? / A PIE interview
PIE: While other companies deliberately avoid the use of PET recyclates for returnable bottles, German beverage firm Tönissteiner is now launching a returnable product made of 100% recycled material – why?Sascha Mallm: We consider the use of recyclates in a returnable PET bottle to be important for resource... (06:00)
NATURAL GAS
Saudi Arabia discovers two new gas fields / Oman clinches supply deal with BP / China now largest LNG importer
Oil and chemicals giant Saudi Aramco has reported the discovery of two new natural gas fields in the country’s Empty Quarter region. Energy minister Abdulaziz bin Salman told the Saudi News Agency that in the Al-Hiran field gas was confirmed to be flowing at a daily rate of 30 mn standard cubic feet and... (06:00)
ADNOC
State-owned company reportedly plans to acquire BASF subsidiary Wintershall Dea
State-owned Abu Dhabi National Oil Company is evidently feeling increasing pressure to invest the billions it has in the bank. According to a report from news agency Bloomberg, referring to insider information, the company has now also announced interest in buying German BASF subsidiary Wintershall Dea.... (27.11.2023)
UN PLASTICS TREATY
Third round talks end with little progress / Next meeting to be held in Ottawa
Finding consensus among the world’s more than 190 countries on any subject is generally a problem and remains the case for the United Nations as it attempts to reign in plastics waste. During the third round of negotiations for a global plastics treaty in Nariobi, Kenya, sides hardened further around two... (27.11.2023)
EUROPEAN ECONOMY
Ifo: German economy ‘stabilising', plastics firms offer mixed picture / Eurozone outlook improves, managers say
The business climate index for Germany compiled by local economics institute ifo rose slightly in November for is third straight improvement, prompting the group to suggest Europe’s largest economy may be nearing its low point. German managers expressed more optimism about both the current situation and... (27.11.2023)
REPSOL
Fire hits production site in Tarragona, Spain
An ethylene tank blaze that began Wednesday evening at the northern petrochemical facility in Tarragona, Spain run by Repsol has likely impacted production there. The impact on another site called La Canonja located west of the city, home to a Dow cracker and Covestro and Elix facilities, was unclear and... (24.11.2023)
Latest News
ALPLA
Mexican plant to more than treble local rPET output
 		28.11.2023
MÜLLER RECYCLING
PET sorting system relies on AI
 		28.11.2023
PETCORE EUROPE
Bertaggia replaces Stephan as director general / Annual conference to focus on core PET challenges in 2024
 		28.11.2023
MASTERPRESS
Sleeve capacity surges at Polish packaging printer
 		27.11.2023
BIOPLASTICS
Dutch firms set to create bioplastics from agri-food side streams / PHA ‘can prevent plastic pollution and microplastics'
 		27.11.2023
NESTLÉ
Investment supports new UK reclaim plant for flexible plastics / Consumer goods giant works with Impact Recycling
 		27.11.2023
ANTOLIN
Earnings skyrocket in third quarter / Sale of panelling plant in Austria
 		24.11.2023
CLEANHUB
German start-up works to boost plastics waste collection, recycling in low-income countries
 		24.11.2023
PLASTIC FANTASTIC
Reborn as a regal chair
 		24.11.2023
More...
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Price Reports and Announcements
POLYMER PRICES
Polyurethane feedstocks November 2023: Slight markdowns overall / Price erosion likely to continue with weak demand
 		21.11.2023
POLYMER PRICES
Engineering recyclate November 2023: Weak demand combined with abundant imports puts prices under pressure / Business likely to remain slow in the “maintenance month” of December
 		17.11.2023
POLYMER PRICES
Standard recyclate November 2023: Prices fluctuate between stable and slightly falling / Market remains stubbornly in rollover / No stimuli for demand
 		16.11.2023
PIE SPOT PRICE MONITOR
Spot markets in reverse: All quotations trend lower / Year-end clearance expected
 		13.11.2023
POLYMER PRICES
China engineering thermoplastics October 2023: Prices broadly lower as feedstocks take cue from softer crude oil / November prices expected to ease on softer demand
 		13.11.2023
POLYMER PRICES
Standard thermoplastics trend November 2023: Reductions track fall in monomer cost / Larger price cuts rare / Subdued demand, end of year dictate market
 		10.11.2023
POLYMER PRICES
China standard thermoplastics October 2023: Prices fall across the board / Demand largely weak / Buying to remain slow in November
 		09.11.2023
POLYMER PRICES
North America October 2023: Rollovers predominate, only PP and PS move up / Surplus in nearly all segments / End of strike in auto industry unlikely to affect prices / Reductions expected in November / Further uncertainty due to Middle East conflict
 		07.11.2023
TRINSEO
Supplier unveils price cuts for PS
 		03.11.2023
POLYMER PRICES
Engineering thermoplastics October 2023: Further hikes in feedstock costs fail to raise prices / Weak demand, ample imports create liquid markets / No improvement in sight
 		03.11.2023
More Price Reports...
More Announcements...
Readers' Choice
VERSALIS
Explosion at Brindisi site / Long-term impact on production unlikely / No injuries reported
 		15.11.2023
REPSOL
Fire hits production site in Tarragona, Spain
 		24.11.2023
BRASKEM
Billion-euro purchase offer from Adnoc / Emirates group plans to extend downstream value chain
 		20.11.2023
EU PACKAGING
EU Parliament approves PPWR / Reduction targets for plastic waste volumes / Associations voice disappointment
 		23.11.2023
SOLVAY
Bitter pill ahead of split: Materials division suffers heavy losses / Forecast in doubt
 		21.11.2023
TITANIUM DIOXIDE
EU initiates anti-dumping proceedings against Chinese imports
 		22.11.2023
LOGISTICS
Global trade does not seem to get off the ground / CMA CGM reports 94% slump in Q3 net profit
 		17.11.2023
WORLD ECONOMY
Growth in China, Europe to fall / North America, Middle East to improve / Sub-par global activity forecast for 2024 – DIHK
 		15.11.2023
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Date of print: 28/11/2023
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