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In the Spotlight
PFAS
“You can assume that our concerns will be heard” – interview with GKV president Helen Fürst on strongly worded PFAS letter to German chancellor Scholz
By PIE staffOn 19 July, around 500 companies from a wide range of industries and a whole series of associations – including the German plastics processing industry association GKV and the German chemical industry association VCI – have written a strongly worded letter to Chancellor Olaf Scholz calling for the current “PFAS restriction proposal” to be reconsidered. A reaction to this does not yet appear to be forthcoming. In an interview with PIE, GKV president Helen Fürst explains what the letter is... (10.09.2024)
PFAS
US EPA extends reporting deadline for ‘forever chemicals' / Cites resource constraints as reason
By Dede WilliamsThe US Environmental Protection Agency has extended its data reporting deadline under the Toxic Substances Control Act by half a year, due to what it says are resource constraints. The reporting period was scheduled to begin on 12 November 2024, but will now start in July 2025, when the... (06:00)
PLASTICS AND HEALTH USA
Louisiana district court issues permanent injunction against civil rights evaluation for plant-permitting / End to EPA's environmental justice campaign in US ‘chemicals belt'
By Dede WilliamsCampaigners for environmental justice in the US Gulf Coast’s chemicals belt, who despite a sympathetic ear at the Environmental Protection Agency have not made significant progress in their fight against contamination, have been dealt another blow – one that strikes at the heart of the... (09.09.2024)
LOGISTICS
UK plans to nationalise rail transport / ONE, SeaLead launch weekly Red Sea service
By PIE staffIn Germany, the railway is largely a state-owned enterprise. For railway company Deutsche Bahn’s logistics subsidiary, DB Schenker, however, that is about to change. The deal for its sale is slowly but surely nearing completion. Only two bidders still seem to be in the running – both from the... (06.09.2024)
BELARUS
Petrochemical industry strong despite sanction pressure – experts / Export logistics key challenge / Sea terminal in Russia to aid sales to third countries
By PIE correspondentIn 2024, the exports of petrochemical products generated nearly a third of the revenue from Belarus’s total exports, Andrey Rybakov – chairman of Belneftekhim, the Belarusian state concern consolidating all petrochemical mining assets in the country – said during a press conference in... (05.09.2024)
PLASTICS AND ENVIRONMENT
Marine litter could lead to damages worth EUR 178 bn by 2030 / Roadmap sets out steps to protect world's oceans – Allianz report
By Elaine BurridgeAnother week, another call for action on the environment. This time the call comes from German financial services provider Allianz, which has published a roadmap to tackle pollution in the world’s oceans. In its Sustainable Ocean report, Allianz urges governments, businesses, and... (05.09.2024)
MANAGEMENT
West European companies under financial strain from late payments / Many offering longer credit terms to increase sales / Cautious optimism for year ahead, but concern on economic growth persists – Atradius report
By Elaine BurridgeLate payments and a rise in bad debts is creating a perfect storm for businesses in Western Europe, according to a poll by trade credit insurer Atradius . In the 2024 edition of its payment practices barometer, the insurer found that 49% of all B2B sales were still being affected by late... (04.09.2024)
Plastic Fantastic
Border crossings: the drinking straw saga continues
By PIE staffLast week, we reported here that pouch-drinks producer Capri-Sun wanted to apply to the EU for special authorisation to return to plastic straws. And what do we read ... (06.09.2024)
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Latest News
POLYMER PRICES
China standard thermoplastics August: All prices soften / Seasonal demand expected to pick up / Prices to firm in September
10.09.2024
MANAGEMENT
Liquidity or liquidation: number of business bankruptcies in Germany at high level / Automotive suppliers strongly affected – report
10.09.2024
RESEARCH
Swiss scientists improve chemical recycling process for polyolefins / Stirring speed, stirrer design are key, say researchers
10.09.2024
HUNGARY
National bottle deposit return system officially started / Part of centralised waste management scheme
10.09.2024
ÇIMSA
Turkish EPS building products firm adds Northern Ireland's Mannok to portfolio
10.09.2024
ALIAXIS
Pipe manufacturer suffers from slump in building industry / Sales, earnings under pressure
09.09.2024
LEGO
Plans to produce all bricks with sustainable, recycled materials by 2032
09.09.2024
PLASTRIBUTION
UK distributor to sell Solinatra biopolymer / Market coverage includes Ireland
09.09.2024
MGG POLYMERS
Austrian plastics recycler's logistics centre up and running
09.09.2024
Social networks
Price Reports and Announcements
POLYMER PRICES
China standard thermoplastics August: All prices soften / Seasonal demand expected to pick up / Prices to firm in September
17:24
POLYMER PRICES
Engineering thermoplastics August: Demand akin to “dance of death” / Only E&E shows positive signs / Market players already want to put miserable year to bed
04.09.2024
POLYMER PRICES
Composites/GRP August: Minimal fall in ortho resin prices / Rollover for glass fibre / No major movements likely in September
04.09.2024
POLYMER PRICES
Polyethylene August: Rise in C2 contract allows producers to push through price increases / Demand expected to pick up in September
03.09.2024
TRINSEO
Minor surcharges planned for PS, ABS, SAN
03.09.2024
POLYMER PRICES
Styrenics August: Increase in SM reference boosts upward trend in prices / Largely stagnant market expected for September
03.09.2024
POLYMER PRICES
Polypropylene August: Producers factor in increased costs / Holiday season depresses demand / Slight price shifts expected in September
03.09.2024
POLYMER PRICES
North America August: Most prices roll over or fall / Only polyolefins rise because of increasing feedstock prices / FMs, outages due to weak demand have no effect on prices / No trend turnaround likely
03.09.2024
INEOS STYROLUTION
Slight price hike for polystyrene
03.09.2024
POLYMER PRICES
Feedstocks August/September
03.09.2024
Readers' Choice
BASF
Closure of German plants for PA precursors planned / 180 employees affected
02.09.2024
LOGISTICS
Sluggish orders cause freight rates to languish / Protests at Port of Hamburg over possible MSC takeover
30.08.2024
COVESTRO
Adnoc completes due diligence / Concrete takeover bid likely before September end?
02.09.2024
AUTOMOTIVE INDUSTRY EUROPE
Ordering of auto components to remain stable at best until end of year / Advanced vehicle age raises hopes of an upturn / Chinese car manufacturers to build new plants in Europe / Will lithium for batteries be in short supply from 2030?
02.09.2024
MANAGEMENT
West European companies under financial strain from late payments / Many offering longer credit terms to increase sales / Cautious optimism for year ahead, but concern on economic growth persists – Atradius report
04.09.2024
ORLEN UNIPETROL
Bomb detonated in controlled explosion in Czech Republic / Timeline on lifting of force majeure unclear
02.09.2024
EUROPEAN ECONOMY
Eurozone inflation hits three-year low / Experts forecast interest-rate cuts / Growth concerns remain
30.08.2024
PETROCHEMICAL MARKETS
Polypropylene: Braskem announces force majeure on production in Germany
29.08.2024
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Date of print: 10/09/2024
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