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Trade war leads to plummeting US polymer exports to China / Imports to Europe continue to grow / EU considers imposing punitive tariffs on US plastics

The US chemical and plastics industry is already suffering from the consequences of the trade dispute with China. An intensification of the dispute could cost thousands of jobs, warns the American Chemistry Council. The council says delivery chains are being disrupted by the punitive tariffs and has appealed to US president Donald Trump to find "reasonable solutions."Industry insiders certainly do not feel that raising the duties from 10% to 25% is one such "reasonable solution". The increased rate... (24.05.2019)

PLASTICS AND ENVIRONMENT Fluoropolymer intermediate PFOA added to Stockholm Convention POP list / Non-member US is pursuing action independently	CHINA Plans to add major new PP capacities in the next two years / Significant reduction of import dependency expected
A UN conference held from 29 April to 10 May 2019 in Geneva / Switzerland unanimously voted to add perfluorooctanoic acid, its salts and related compounds to the list of substances to be... (24.05.2019)	China’s polypropylene production capacity is projected to increase more than 7.5m t/y from 2019 to 2020, which is a significant addition to the country's current total capacity of... (23.05.2019)
EU PLASTICS STRATEGY Formal adoption of single-use plastics directive by European Council	CHINAPLAS Start of Asia's largest plastics trade fair / More than 3,600 exhibitors in Guangzhou
On 21 May 2019, the European Council formally adopted a directive that will ban certain single-use plastic items. The adoption of the new rules is the final step in the procedure. Many... (23.05.2019)	"Chinaplas" has opened its gates. Around 3,615 exhibitors are presenting their machinery, raw materials and services at what is the largest plastics trade show in Asia and the world's... (22.05.2019)
EDITORIAL The participants at the “European Youth Debating Competition” are well ahead of some adults	PETROCHEMICAL MARKETS Styrene: Explosion disrupts Hanwha Total's production in South Korea
What could a future with plastics and petrochemicals look like? This was the question posed by the organisers of the German final of the “European Youth Debating Competition”, namely... (22.05.2019)	A gas tank explosion at Hanwha Total Petrochemicals' styrenics plant reportedly brought production in Daesan to a standstill on 18 May 2019. The site has had restrictions for weeks... (21.05.2019)

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Single-use populism If the political stage of the European Union was high school, Manfred Weber would not have gotten an "insufficient" for his proposed global plastics ban, most likely a "missed the point". ... (17.05.2019)

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Latest News

POLYMER PRICES Polyurethane Feedstocks May 2019: Isocyanate price movements uneven / Demand disappointing / Headwinds for MDI hikes / Little change likely in June	24.05.2019
PLASTICS WASTE Europe's waste management federation FEAD expects plummeting EU exports after Basel Convention amended / Impacts to recycling also of concern to WPC	24.05.2019
BOREALIS Polypropylene compounding plant in US inaugurated	24.05.2019
MOMENTIVE South Korean consortium completes purchase of silicone specialist / Business has improved	24.05.2019
ENGEL New sales record for injection moulding machinery manufacturer / Expectations fulfilled	24.05.2019
STEPAN Polyol price hike in Europe	23.05.2019
LOGOPLASTE UK expansion for Portuguese packaging manufacturer	23.05.2019

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Price Reports and Announcements

POLYMER PRICES Polyurethane Feedstocks May 2019: Isocyanate price movements uneven / Demand disappointing / Headwinds for MDI hikes / Little change likely in June	24.05.2019
STEPAN Polyol price hike in Europe	23.05.2019
PIE SPOT PRICE MONITOR Temporary easing in May after uplift	21.05.2019
POLYMER PRICES Engineering Recyclate May 2019: Secondary market quiet / Recycled PP compounds an exception / Demand improves slowly / Little change likely in June	20.05.2019
POLYMER PRICES Standard Recyclate May 2019: Increasing prices predominate / Only opaque grades and rPET remain in rollover / Demand driven by virgin materials and seasonal effects / Further hikes to also predominate in June	17.05.2019
POLYMER PRICES Standard Thermoplastics Trend May 2019: Producers' hopes of significant margin gains are not fulfilled / Demand remains too subdued for large increases	14.05.2019
POLYMER PRICES North America April 2019: Polyolefins tend sideways to firmer / PVC affected by weak demand / PS moves in line with rising costs / Most engineering plastics roll over / Tension eases with PA 6.6	14.05.2019
POLYMER PRICES Russia April 2019: Continuing subdued demand results in largely stagnating notations / No substantial change in sight	13.05.2019
POLYMER PRICES China Engineering Thermoplastics April 2019: Most notations decrease / PC, PA 6.6 and PMMA pointing downwards in May	10.05.2019
POLYMER PRICES China Standard Thermoplastics April 2019: PVC shoots upward / Deadly explosion in Inner Mongolia and safety inspections at plants / Higher prices of imported PP and HDPE	09.05.2019

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Readers' Choice

PETROCHEMICAL MARKETS Olefins: Sabic declares force majeure on production from "Olefins 4" cracker in Geleen / Unknown impact on PE and PP production	14.05.2019
EVONIK Withdrawal from PPA business / German plant to close / Focus on polyamide 12	13.05.2019
FRANCE Plastics processing sales set a record in 2018 / Profitability of companies weak in a European comparison / Great hopes for recyclate / Voluntary initiatives versus national roadmap	17.05.2019
SABIC Lower prices and weak demand depress sales in Q1 / Net profit up	13.05.2019
WORLD TRADE Trade war leads to plummeting US polymer exports to China / Imports to Europe continue to grow / EU considers imposing punitive tariffs on US plastics	24.05.2019
TUPPERWARE Sabic's polymers from post-consumer waste used in plastic household goods / Reusable on-the-go coffee cups	20.05.2019
PETROCHEMICAL MARKETS Styrene: Explosion disrupts Hanwha Total's production in South Korea	21.05.2019
OMV Partnership with Borealis extended in Austria / Synergies for “ReOil” chemical recycling plant	15.05.2019

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