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In the Spotlight
COVESTRO / LANXESS
Chempark neighbours share sustainability resources / Cooperation to curb CO2 output
REACH
ECHA adds nine chemicals to list of Substances of Very High Concern / Melamine, several flame retardants among problematic products
German chemicals and plastics producers Covestro and Lanxess were both carved out of Bayer in the early 2000s and took the separate paths their portfolios demanded even as they continue... (27.01.2023)
The European Chemicals Agency has added nine chemicals to its candidate list for Substances of Very High Concern, swelling the list of those that can harm people and the environment to... (27.01.2023)
UPDATE - USA
Texas in the grip of tornadoes / Power outages paralyse petrochemical industry
EUROPEAN ECONOMY
The recession that never was? / German business confidence continues higher
While the petrochemical industry in US South got off comparatively lightly during the onset of winter around last Christmas, massive storms up to tornado strength played havoc in the... (26.01.2023)
The likelihood of a recession in the Eurozone and in Germany, the currency bloc’s largest economy, continues to abate as more and more organisations announce upwardly revised growth... (26.01.2023)
MANAGEMENT
Late payments for 43% of B2B invoices in Eastern Europe / Liquidity problems plague companies
UK
Cuts coming for energy cost subsidies / Chemical industry warns of continued cost pressure
About 51% of the total invoices were paid on time in Eastern Europe in 2022, compared to 52% the year earlier, according to trade credit insurer Atradius. In the 2022 edition of its... (26.01.2023)
UK government's plans to scale back funding to domestic businesses to help with energy costs have raised concerns among chemical suppliers. In a statement, the Chemical Industries... (25.01.2023)
Latest News
Price Reports and Announcements
POLYMER PRICES
Polyurethane feedstocks January 2023: Prices under pressure due to subdued demand, cheaper imports / Rising orders to buoy isocyanate prices in February
23.01.2023
KURARAY
Price hikes for PPA materials
20.01.2023
POLYMER PRICES
Engineering recyclate January 2023: Availability, demand largely balanced / Further reductions / Asian imports improve recyclate availability / Downward price trend to continue in February
19.01.2023
POLYMER PRICES
Standard recyclate January 2023: Prices still trending down / Restocking effects smaller than expected / Recyclers are hoping for better demand in February / High price pressure continues for rPET
18.01.2023
PIE SPOT PRICE MONITOR
Prices continue declines / Low volume, weak demand at turn of the year
17.01.2023
POLYMER PRICES
Standard thermoplastics trend January 2023: Polyolefins, PVC still in reverse / Styrenics turn upwards / Weak demand continues in new year / Broad reductions expected
16.01.2023
POLYMER PRICES
China engineering thermoplastics December 2022: Prices fall across the board / Low downstream demand / Feedstock prices softer / Chinese New Year to curtail upswing
13.01.2023
POLYMER PRICES
China standard thermoplastics December 2022: Most prices decrease amid soft demand / Some converters lower run-rates due to Covid outbreaks / January demand expected to be weak due to Chinese New Year
11.01.2023
POLYMER PRICES
North America December 2022: Widespread reductions / Good availability coincides with disinclination to buy / The many short-term production outages due to winter storms have little effect on prices / Weak start to the year
11.01.2023
TRINSEO
Price hikes for polystyrene, ABS, and SAN
06.01.2023
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Date of print: 27/01/2023
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