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In the Spotlight
LANXESS
CEO Zachert announces job cuts – local media / No guarantees for German sites
ELLBA
Styrene plant of BASF/Shell JV in Moerdijk restarts / Pressure on spot price
German speciality chemicals group Lanxess plans to reduce its workforce, a move that will also hit workers in the supplier’s home market, according to Düsseldorf-based newspaper... (25.09.2023)
Ellba has resumed production at its combined styrene/propylene oxide facility in Moerdijk, the Netherlands, several market observers have told PIE. However, neither of the two shareholders... (25.09.2023)
FRANCE
Industry group unveils plan to recycle PS packaging / Elipso backs EU Parliament on deposit system
BASF
German chemicals giant reinforces green goals / Supply deal with Cargill offshoot
The French technical committee for recycling plastic packaging Cotrep has rolled out its first ecodesign recommendations on rigid household polystyrene packaging to lay a foundation for... (25.09.2023)
Toward meeting its own sustainability targets, BASF has agreed on a long-term supply deal for a new bio-based 1.4 butanediol, launched a new range of bio-based plastic additives, and... (25.09.2023)
AUTOMOTIVE MARKET
EU new car registrations surge 21% in August / Battery EVs surpass 20% market share
LOGISTICS
It's Hapag-Lloyd v City of Hamburg / German shipping giant condemns partial sale of HHLA to MSC
New passenger car registrations in the EU advanced at an annual rate of 21% in August for a 13th straight improvement, with the trading bloc plus EFTA countries and the UK showing growth... (22.09.2023)
The decision by the city government of Hamburg to sell major Swiss shipping company MSC part of local port operating company HHLA has sparked a a storm of indignation. MSC’s competitors,... (22.09.2023)
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Price Reports and Announcements
OQ CHEMICALS
Higher prices for intermediate products made in Europe
12:49
POLYMER PRICES
Paraxylene September 2023: Crude oil upswing pushes prices higher
21.09.2023
POLYMER PRICES
Polyurethane feedstocks September 2023: Discounts drive market / Trough has been reached / TDI could soon see renewed markups despite low demand
20.09.2023
PIE SPOT PRICE MONITOR
Quotations rise further driven by higher feedstock costs / PE film grades witness significant hike
18.09.2023
POLYMER PRICES
Engineering recyclate September 2023: Price reductions of up to EUR 500/t / Further falls likely in October / Imports keep supply normal / No improvement expected for weak order situation
18.09.2023
POLYMER PRICES
Standard recyclate September 2023: Prices approaching the bottom / Only rPET still in free fall / Isolated slight increases possible next month with a more balanced market
15.09.2023
POLYMER PRICES
China standard thermoplastics August 2023: Prices rise / Supply declines / Market shows positive sentiment
13.09.2023
POLYMER PRICES
Standard thermoplastics trend September 2023: Significant price hikes despite weak demand / Higher monomer costs are main reason / Ordering picks up only hesitantly after summer lull / Converters buy no more than necessary
12.09.2023
POLYMER PRICES
China engineering thermoplastics August 2023: Prices mostly higher as feedstock prices firm, supply slows / Only PA 6.6, ABS lower amid higher supply or lower feedstock cost / Seasonal demand to support September prices
11.09.2023
POLYMER PRICES
North America August 2023: Prices vary / Firmer styrene costs prop up PS / Hurricane Idalia has no effect on prices so far / Extent of damage to polymer production not yet clear / September likely to be generally weaker
06.09.2023
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Date of print: 26/09/2023
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