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In the Spotlight

Benoît Hennaut from Herige elected new president

Benoît Hennaut, chairman and managing director of French building material trading firm, Herige, has been elected president of industry association, European Plastics Converters, at EuPC’s annual meeting on 20 May 2022 in Brussels. The move to president seems like a natural progression for Hennaut, as he has been serving as the vice-president of the association since July 2020. Hennaut is to keep his position as president for the next two years, and is taking over from Renato Zelcher, CEO of Italian... (20.05.2022)

FAURECIA Collaboration with Veolia for sustainable car interior compounds / 30% recycled content to be included from 2025	PLASTICS AND ENVIRONMENT Spaceborne observation of waste sites / System said to identify areas for clean-up, improve enforcement of anti-dumping laws
French car-industry supplier Faurecia and compatriot waste management group Veolia have agreed to jointly develop compounds for car interiors that will contain an average of 30% recycled... (20.05.2022)	Australian non-profit organisation Minderoo Foundation has launched Global Plastic Watch, a digital platform it says can map the world’s plastics pollution in near real-time using... (20.05.2022)
LOGISTICS An absurd result of the Ukraine war: rail transport combined with shipping on inland waterways / Risk of container tsunami if Shanghai reopens	PERSTORP Swedish speciality chemicals manufacturer to be acquired by Petronas / Deal priced at EUR 2.3 bn
Will war become the new normal after the coronavirus? Following Moscow’s attack on Ukraine, shipping giant Maersk cut its rail connections through Russia on the so-called New Silk Road. As... (19.05.2022)	Petronas Chemicals Group, the petrochemicals arm of Malaysian oil and gas company Petronas, owned by the Government of Malaysia, plans to wholly acquire Swedish speciality chemicals... (18.05.2022)
POLYMER PRICES Engineering recyclate May 2022: Prices for rPA 6, rPOM through the roof / Market swept clean of many types	GLOBAL TRADE Ukraine war cuts business confidence / Insolvencies to rise over 10%
The market for engineering recyclates in Western Europe developed unevenly. For example, while rABS failed to reflect significantly increased prices for primary material as reduced demand... (18.05.2022)	Business pessimism has risen since Russia invaded Ukraine on 24 February 2022, with more companies bracing for lower sales this year, according to a global survey by trade credit insurer... (17.05.2022)

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Plastic Fantastic

DIY injection moulding, coming to a desktop near you? Ah, YouTube, purveyor of all that is, well, let’s just say all things video. One short film on the Google unit features Injekto, a device said to be a desktop injection press. A few clicks ... (20.05.2022)

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Latest News

PLASTICS EUROPE Plastics producers tap Dow VP ten Bruggencate to lead industry group / Sector faces range of pressing issues	20.05.2022
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
TORAY Construction of French chemical reclaim plant for PET / Cooperation with Axens	20.05.2022
FERNHOLZ Expansion of German film plant	20.05.2022
VALTRIS Ownership change for US speciality chemicals maker / H.I.G. sells to SK Capital	20.05.2022
PLASTIC FANTASTIC DIY injection moulding, coming to a desktop near you?	20.05.2022
EDITORIAL The perversity of war: Russia's billion-dollar export surplus	19.05.2022
GERMAN ECONOMY ZEW survey: Recession risk remains / Chemical sector under pressure	19.05.2022
SAUDI ARAMCO Oil giant ousts Apple as largest company in world / Energy trumps tech	19.05.2022

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Price Reports and Announcements

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
POLYMER PRICES Composites/GRP April 2022: Prices still shy of peaks / Demand soft / May moves to range from rollover to slight rises / Glass fibre roving firmer	06.05.2022

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Readers' Choice

AUTOMOTIVE INDUSTRY US, European car market contraction continues due to supply chain issues and the war / EV sales surge / Rebound later this year?	10.05.2022
LOGISTICS An absurd result of the Ukraine war: rail transport combined with shipping on inland waterways / Risk of container tsunami if Shanghai reopens / Freight forwarders faced with toxic mix	19.05.2022
PETROCHEMICAL MARKETS VAM: Celanese declares force majeure for several acetic acid derivatives / Move impacts EVA, EVOH	12.05.2022
CHEMICAL INDUSTRY GERMANY Russian oil embargo to spur problems / End of gas shipments would be worse	09.05.2022
DSM OMV bids for polyamide ops / At least one other firm seeking to buy unit	09.05.2022
LOGISTICS Is the collapse of supply chains now imminent? / No end in sight for port lockdowns / Shippers getting increasingly nervous / Solace: three-quarters of all goods from China on schedule	12.05.2022
FAURECIA Collaboration with Veolia for sustainable car interior compounds / 30% recycled content to be included from 2025	20.05.2022
PLASTICS PRODUCTION GERMANY Positive figures in 2021 despite difficult environment / New Plastics Europe Deutschland president comes from Evonik / Clear no to gas embargo / “Challenging scenario” expected for 2022	13.05.2022

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