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In the Spotlight
PVC
Shift in international trade flows / US producers push towards Europe
PLASTIC PACKAGING TURKEY
Production in Q1 2018 worth USD 5.5 bn / About 93% of production consumed domestically
US exports of PVC to the European Union are gaining speed. Since the beginning of the year, EU imports of the polymer have been rising significantly. This May, they reached 16,770 t and... (16.08.2018)
The Turkish plastic packaging industry is made up of many companies manufacturing a variety of products. The industry comprises flexible plastics, textile plastics, and rigid plastics.... (15.08.2018)
CROCS
Shoe manufacturer closes factories in Italy and Mexico / Drastic job reduction apparent
WORLD TRADE
China imposes tariffs on HDPE from the US / Trade war escalates again
Lightweight foam shoes manufacturer Crocs is downsizing. Following the closing down of its plants in Bosnia, China, Vietnam and Mexico, the company is intending to shutter its remaining... (15.08.2018)
It is now official. From 23 August 2018, China will impose an additional 25% tariff on plastics imports from the US. The sum involved will run into billions of dollars. It is the next... (14.08.2018)
INVISTA
Plans for ADN plant in China / Asian demand exceeds availability
BASF
Dry summer slows down transport on Germany's Rhine river / Restrictions at facilities
US PA 6.6 behemoth Invista is reviving plans to build a world-scale plant for adiponitrile in China. The company said it has begun engineering work for a facility that would produce “at... (14.08.2018)
The weeks of drought are posing a challenge for production and transport at BASF's Ludwigshafen site. The low water level is causing additional costs with shipping traffic, and... (13.08.2018)
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Date of print: 18/08/2018
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