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In the Spotlight
LYONDELLBASELL
Exit from joint venture with German film recycler AFA Nord
— By PIE staff — After a year and a half, US polyolefin group LyondellBasell has sold its share in the 50/50 joint venture LMF Nord to its JV partner, German agricultural film recycler AFA Nord. Both companies confirmed this upon an enquiry by PIE. LYB did not want to provide information on the reasons... (06:00)
INEOS
Closure of ethanol plant in Grangemouth / Loss of 80 jobs in UK
— By Somya Abrol —The production of synthetic ethanol at UK plastics group Ineos’s largest manufacturing site in Grangemouth, UK, has come to an end. With a capacity of 180,000 t/y, the plant produced ethanol for use predominantly in healthcare and pharmaceutical sectors. Ineos also produces propylene,... (13.01.2025)
TITANIUM DIOXIDE
European Commission imposes definitive punitive tariffs on TiO2 from China / Industry voices disappointment
— By PIE staff — The European Commission has decided to impose definitive punitive tariffs on imports of titanium dioxide from China. The duties – which range from EUR 0.25/kg to EUR 0.74/kg – “strike a fair balance between the need to protect the EU TiO₂ industry from injurious dumping and the... (13.01.2025)
BISPHENOL-A
EU bans use of BPA in food-contact materials / Transitional periods of up to 36 months
— By PIE staff — The use of bisphenol-A has been controversial for years due to the health risks that the substance poses. On 19 December 2024, the European Commission adopted a comprehensive ban on the use of materials and articles that come into contact with food. This is based on Regulation 2024/3190,... (13.01.2025)
BASF
Styrodur XPS business sold to Bachl
— By PIE staff — German chemical giant BASF has announced plans to sell its XPS insulation board business under the Styrodur brand to construction supplier Bachl. Subject to approval by relevant competition authorities, the sale is expected to be completed in mid-2025, the company announced. Both parties... (10.01.2025)
LOGISTICS
US government classifies Cosco Shipping as a ‘Chinese military company'
— By PIE staff — On 7 January, Joe Biden’s administration, still in power until 20 January, placed the world’s fourth-largest container shipping company, Cosco Shipping, on its blacklist of ‘Chinese military companies’. This classification, which was made by the Department of Defense in accordance with the... (10.01.2025)
Latest News
POLYMER PRICES
North America December: Stable to slightly falling prices in combination with sluggish demand and adequate supply / Feedstock quotations firmer recently / Price rises in January unlikely
 		15:03
PETROCHEMICAL MARKETS
Borealis declares force majeure for HDPE, PEX from Sweden
 		14:42
PIE SPOT PRICE MONITOR
Prices mostly trend sideways / Moderate increase expected in coming weeks
 		06:00
POLYMER PRICES
China engineering thermoplastics December: Prices mostly sideways to lower on weak demand; ABS strengthens / January seen weak ahead of Spring Festival despite rising crude oil prices
 		13.01.2025
COVESTRO
Leadership change at Covestro's European production sites
 		13.01.2025
POLYMER PRICES
Standard thermoplastics trend January: Rollover for polyolefins, moderate increases for styrenics / Most prices follow pattern of feedstock costs
 		13.01.2025
INSOLVENCIES GERMANY
Major insolvencies still at high level / Automotive suppliers most affected in plastics segment / Significantly more jobs at risk
 		13.01.2025
TEKNI-PLEX
Capacity expansion for medical technology packaging in Belgium, Italy
 		13.01.2025
EMIRATES BIOTECH
160,000 t/y PLA plant to be constructed in UAE / Facility leverages Sulzer Chemtech PLA technology
 		13.01.2025
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Price Reports and Announcements
POLYMER PRICES
North America December: Stable to slightly falling prices in combination with sluggish demand and adequate supply / Feedstock quotations firmer recently / Price rises in January unlikely
 		15:03
PIE SPOT PRICE MONITOR
Prices mostly trend sideways / Moderate increase expected in coming weeks
 		14.01.2025
POLYMER PRICES
China engineering thermoplastics December: Prices mostly sideways to lower on weak demand; ABS strengthens / January seen weak ahead of Spring Festival despite rising crude oil prices
 		13.01.2025
POLYMER PRICES
Standard thermoplastics trend January: Rollover for polyolefins, moderate increases for styrenics / Most prices follow pattern of feedstock costs
 		13.01.2025
POLYMER PRICES
China standard thermoplastics December: Quotations mostly trend lower / Increase only for LLDPE, PP copolymers / Upcoming Spring Festival to dampen demand considerably
 		10.01.2025
TRINSEO
Price hikes for PS, SAN, ABS
 		07.01.2025
INEOS STYROLUTION
Price hike for polystyrene
 		06.01.2025
POLYMER PRICES
Engineering thermoplastics December: Several prices drop to rock bottom / Fewer imports than expected / Weak demand nevertheless met at all times
 		06.01.2025
POLYMER PRICES
Composites/GRP December: Weak demand allowed for rollover at most / Slump in automotive industry also impacting new year
 		06.01.2025
POLYMER PRICES
Polypropylene December: Prices fall again on weak demand / Automotive remains cause for concern / Additional pressure from imports
 		03.01.2025
More Price Reports...
More Announcements...
Readers' Choice
LOGISTICS
Freight rates explode as transports head to US en masse / US dockworkers' contract talks to restart
 		03.01.2025
BLUE CYCLE
Chemical recycling specialist declares bankruptcy
 		06.01.2025
STIPHOUT PLASTICS
Dutch recycler reportedly files for bankruptcy
 		07.01.2025
TITANIUM DIOXIDE
European Commission imposes definitive punitive tariffs on TiO2 from China / Industry voices disappointment
 		13.01.2025
LOGISTICS
US government classifies Cosco Shipping as a ‘Chinese military company'
 		10.01.2025
BASF
Styrodur XPS business sold to Bachl
 		10.01.2025
BISPHENOL-A
EU bans use of BPA in food-contact materials / Transitional periods of up to 36 months
 		13.01.2025
AUTOMOTIVE
Umbrella group tells EU lawmakers to ‘stick with End-of-Life Vehicles Regulation plan' / Resisting pressure to water down proposals ‘will boost recycled content in new vehicles'
 		02.01.2025
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Date of print: 15/01/2025
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