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Formosa Plastics

POLYMER PRICES
North America June 2023: Weak market fundamentals and falling feedstock prices depress polymer markets / Producers cut back capacities
05.07.2023
PETROCHEMICALS USA
Abrupt end to EPA's Environmental Justice Campaign for Gulf Chemicals belt / Court filing claims issues resolved
03.07.2023
POLYMER PRICES
North America May 2023: Low prices in all segments except PS / Surplus with most types / Recovery in construction and automotive without an effect on prices / Weak start to the summer season
07.06.2023
SHELL
Shutdown of PE production at US site set to continue / Residents criticise odours, flaring
25.05.2023
POLYMER PRICES
North America April 2023: Widespread reductions despite a few plant outages / Feedstock prices softer / Revival in demand still on hold / May prices expected to be lower across the board
10.05.2023
PETROCHEMICAL INDUSTRY
US orders Denka to cut emissions from chloroprene plant / DuPont named in complaint / EPA aims for environmental justice
08.03.2023
POLYMER PRICES
North America February 2023: Feedstocks drive prices up for polypropylene and polystyrene / PVC rises due to exports / Tendency for surplus in all segments / March expected to be weak
08.03.2023
ENVIRONMENTAL ACTION USA
Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules
14.02.2023
POLYMER PRICES
North America January 2023: Prices largely unchanged or lower / Engineering materials slump / Tornado has little impact on prices / Rebound unlikely in February
13.02.2023
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
UPDATE - POLYMER PRICES
North America October 2022: Weak demand, high stock levels put prices under pressure / Only PE moves sideways / Rising interest rates depress consumer behaviour / Further price reductions expected in November
09.11.2022
CHINA
Massive VCM capacity expansions coming online up to 2025
24.10.2022
BOPP FILMS
Pandemic spurs global growth / Capacity rises to over 16 mn t per year / China home to half of world output / Brückner dominates film line sales
12.10.2022
PETROCHEMICALS USA
Bloomberg-backed anti-pollution campaign takes aim at US petchem expansion / Plastics industry fires back / EPA launches environmental justice office
10.10.2022
FORMOSA
District Court in Louisiana cancels environmental permits for Sunshine Project / Major petchem site under intense pressure
22.09.2022
PETROCHEMICALS USA
EPA to review permit process for Louisiana plants / Focus on Gulf Coast petchems corridor dubbed “Cancer Alley”
25.04.2022
USA
Tropical Storm Nicholas hits Texas and Houston with massive rainfall / Supply of PVC faces renewed problems
15.09.2021
USA
Hurricane Ida makes landfall near New Orleans / Petrochemical plants shut down, ports closed
30.08.2021
FORMOSA PLASTICS
US Gulf “Sunshine Project” delayed again / Charges of “environmental racism”
24.08.2021
POLYMER PRICES
North America June 2021: Polyolefin and PVC prices rise again / Pressure eases for styrenics / Most engineering thermoplastics largely firmer / Tight supply situation expected to bring further increases in July
12.07.2021
PETROCHEMICAL MARKETS
Vestolit lifts force majeure for PVC deliveries from Marl / Fire at Formosa Plastics in Texas
15.06.2021
POLYMER PRICES
North America May 2021: Notations race from one high to the next / Product shortages everywhere / Numerous forces majeures still in place / Benzene price gives reason for hope / Only PS situation likely to improve in June
09.06.2021
POLYMER PRICES
North America April 2021: Mammoth price increases dominate the picture / Converters despair over record costs / Benzene price explodes / High costs and low inventories point to new record demands for May
07.05.2021
PIE SPOT PRICE MONITOR
Upturn in polyolefins slows noticeably / Import situation still weak
20.04.2021
POLYMER PRICES
North America February 2021: Dramatic shortages spark price explosion / Winter storms on Gulf of Mexico bring production to standstill / Producers often unable to meet demand / Relief unlikely
10.03.2021
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Date of print: 30/12/2024
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