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In the Spotlight
PETROCHEMICAL MARKETS
Dow imposes order freeze for LDPE plants in Germany
— By PIE staff — On 12 May 2025, Dow Chemical imposed an order stop on material from three LDPE plants in Germany, specifically its facilities at Leuna, Böhlen, and Schkopau. The move was reported to PIE by a reliable source; the company has so far not responded to PIE inquiries. The outage is reportedly... (16:02)
IRAN
Petchem production on upward trajectory despite sanction pressure / Economic crisis impacts local consumption / Results of export-diversification campaign unclear
— By Vladislav Vorotnikov — Iran continues launching new petrochemical capacities and expanding production, though domestic demand has dipped amid the unravelling economic crisis, local sources told PIE. In 2024, the Iranian petrochemical industry saw its output rising to 75 mn t, with nameplate production... (06:00)
TRADE WAR
Shares, greenback, oil rally on US-China agreement / Reprieve could spike shipping prices / Did Trump blink?
— By Eric Culp — Stock markets in Asia, Europe, and the US have surged after Washington and Beijing said they would postpone most of their tariffs on each other for 90 days. This would leave a 30% levy on most Chinese goods and a 10% on those from the US, with some other higher fees still intact. Speaking... (12.05.2025)
PETROCHEMICAL MARKETS
Styrene, butadiene, propylene oxide: problems at Repsol in Spain
— By PIE staff — According to information from the Catalonian civil protection authority, it seems likely that the cracker at energy and petrochemicals group Repsol’s Tarragona site has been shut down for about a week. The reason is reportedly a leak in the naphtha pipeline from a nearby refinery. The... (12.05.2025)
US-CHINA TARIFFS
De-escalation: Both nations agree to significantly slash tariffs / Positive reactions on the oil market
— By PIE staff — After a two-day, closed-door discussion in Geneva, Switzerland, between the two nations, the US and China have decided to de-escalate the trade war. Effective 14 May, for an initial period of 90 days, the US will suspend 24% tariffs levied on Chinese goods, while retaining the remaining ad... (12.05.2025)
US-CHINA TARIFFS
China quietly exempts select US products from 125% tariffs / Ethane reportedly on ‘whitelist'
— By Somya Abrol — While the world’s two largest economies have been busy chasing each other with ever-higher tariffs, the reality on the ground seems to be different from the one being presented to the public. According to media reports, China has created a list of US products that are to receive... (09.05.2025)
Latest News
LANXESS
Speciality chemicals group starts 2025 with stable sales / Forecast for full year confirmed
 		14:18
WESTLAKE
Weaker PVC business hits quarterly result / EBITDA slumps by more than a quarter
 		11:35
EVONIK
Profit increases further / Speciality chemicals group confirms forecast for 2025 despite difficult environment
 		11:11
TEKNOR APEX
Plastics compounder attains RecyClass certification
 		06:00
PFAS
EPA chief seeks own PFAS strategy / Zeldin announces ‘major actions' / Details still cloudy
 		06:00
LANDBELL
Supply deal with chemical recycler PureCycle / Household PP waste for Belgian plant
 		06:00
POLYMER PRICES
China engineering thermoplastics April: Prices for all grades trend lower / Tariff war impacts cost of crude oil / POM plummets amid high supply / Weak demand seen pressuring prices in May despite positive signals
 		12.05.2025
DOMO CHEMICALS
Completion of polyamide plant expansion in India
 		12.05.2025
TOMRA
Sorting technology specialist trials plastics waste separation at new plant
 		12.05.2025
More...
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Price Reports and Announcements
POLYMER PRICES
China engineering thermoplastics April: Prices for all grades trend lower / Tariff war impacts cost of crude oil / POM plummets amid high supply / Weak demand seen pressuring prices in May despite positive signals
 		12.05.2025
POLYMER PRICES
China standard thermoplastics April: Prices decline across the board, several substantially / Weak crude oil market continues / Projections difficult amid changing tariff policies, overall uncertainty
 		09.05.2025
POLYMER PRICES
Significant delay in Western European paraxylene contract
 		08.05.2025
CELANESE
Price increases to be set across entire compound portfolio
 		07.05.2025
POLYMER PRICES
North America April: Prices broadly under pressure / Demand remains subdued in almost all sectors / US tariff policy unsettles processors / No recovery expected in May
 		06.05.2025
POLYMER PRICES
Engineering thermoplastics April: Solid supply with weak demand and increased imports / Order slump expected to continue in May
 		06.05.2025
POLYMER PRICES
Composites/GRP April: Downward trend for resins, glass fibres set to remain unchanged / Order situation still at rock bottom
 		06.05.2025
TRINSEO
Price reduction for polystyrene
 		05.05.2025
POLYMER PRICES
Polypropylene April: Significant price adjustments as result of lower C3 contract / Demand and economic activity remain low
 		05.05.2025
POLYMER PRICES
Styrenics April: Prices turn downwards / SM reduction not passed on in full for EPS once again
 		05.05.2025
More Price Reports...
More Announcements...
Readers' Choice
LYONDELLBASELL
Revenues and earnings continue to decline / Possible tariffs affect less than 10% of polyolefin sales
 		07.05.2025
LOGISTICS
Trump demands free passage for Suez and Panama Canals
 		02.05.2025
US-CHINA TARIFFS
De-escalation: Both nations agree to significantly slash tariffs / Positive reactions on the oil market
 		12.05.2025
EU POLICY
Coalition says new state aid framework lacks circularity funding measures / Omission risks undermining region's recycling sector / EU Commission spells out approach
 		08.05.2025
BASF
Forecasts for 2025 unchanged / Q1 sales fall 0.9% while key profits take a hit / Indirect impact from trade wars expected
 		02.05.2025
PETROCHEMICAL MARKETS
Styrene, butadiene, propylene oxide: problems at Repsol in Spain
 		12.05.2025
US-CHINA TARIFFS
China quietly exempts select US products from 125% tariffs / Ethane reportedly on ‘whitelist'
 		09.05.2025
LOGISTICS
Trump's tale about Houthi rebels does not affect freight rates / EC approves Italy's International Registry scheme
 		09.05.2025
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Date of print: 13/05/2025
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