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PIE issue 1091
GLOBAL TRADE
Strong growth forecast for 2022-23 despite supply chain disruptions / Global imbalances expected to increase / EU's climate goals present challenges to transportation sector / Euler Hermes reports
LOGISTICS
Industry continues to suffer from lack of containers, port congestions / Fear of Ukraine war sends containers from rail to sea
RAW MATERIALS
Ifo Institute: Complaints of material scarcity at record levels in Germany / At least half of the manufacturers want price hikes / Nearly 10% of plastics and rubber firms fear closure
CLARIANT
Pigments business now part of Heubach / Swiss group holds 20% / Doboczky appointed CEO of new Vienna-based company
REAGENS
US acquisition to strengthen antioxidants business
INEOS
Environment permit for Antwerp ethane cracker / Shale-fed unit with “competitive and sustainable” cost base
PLASTIC ENERGY
Second European recycling project with TotalEnergies / Spanish pyrolysis plant to supply feedstock for virgin quality resin
OMV
Demo plastics-to-oil recycling facility / Up to 200,000 t/y synthetic feedstock from plastics waste
MITSUBISHI CHEMICAL
Trial with Agilyx said to prove viability of PMMA pyrolysis / Results “encouraging”
INEOS
WL Plastics unit acquires US pipe maker Charter Plastics
JAROLA
Dutch distributor of pipes, fittings takes over German competitor Fiedler
FIBERLINE BUILDING PROFILES
Danish composites specialist sets up production of GRP profiles in Poland
REHAU
Official start-up of new plant for plastic pipes in Lithuania soon
PROFINE
First window profile extrusion plant in Bosnia-Herzegovina onstream
JINDAL FILMS
Major expansion of film output in Italy / Move said to create biggest European BOPE, BOPP facility
LEGO
Toy manufacturer expands plant in China / New production facility in Vietnam
OMERIN
Acquisition of French plastic device manufacturer APE Medical / Unit of subsidiary Union Plastic
RECYCLING ITALY
Associations urge government to implement measures against rising energy prices
SLOVAKIA
Deposit return system in effect for cans, PET bottles / Ambitious goals
PORTUGAL
Ban on SUP products / Lightweight plastic bags to be discontinued
PLASTICS AND ENVIRONMENT
Study on risks and rewards for investors in plastics / Pressure from regulators and consumers offers reuse and refill opportunities / Risk in chemical recycling technologies
POLYMER PRICES
Standard thermoplastics trend January 2022: Only styrenics see significant premiums / Polyolefins mostly roll over / Low demand slows energy cost pass-through
POLYMER PRICES
Standard recyclate January 2022: Premiums only for rPET / Discounts for some rPE grades, rollovers otherwise / More production scrap due to lower exports / New attempts to price in energy, logistics costs
POLYMER PRICES
Engineering recyclate January 2022: Marked differences in addition of higher energy costs / Recyclers take advantage of all increases in demand / Further discussions expected
PIE SPOT PRICE MONITOR
Trade activity very low at turn of year / PE grades firmer / Varied development for PP
POLYMER PRICES
Polyurethane feedstocks January 2022: Widespread rollovers / Weak demand takes the wind out of the sails of any surcharge wishes / Processors build up stocks / Factoring in energy costs may be an issue in February
POLYMER PRICES
North America December 2021: Rollovers reign / Further reductions for polyolefins / Shortages of compounds expected to lead to January hikes for engineering thermoplastics
POLYMER PRICES
China Standard Thermoplastics December 2021: Prices broadly lower amid healthy supply, slack demand / January seen weak ahead of Chinese New Year
POLYMER PRICES
Russia December 2021: Prices of standard thermoplastics decline / Only PVC, PET dearer / Trends set to continue over next few weeks
POLYMER PRICES
China engineering thermoplastics December 2021: Prices broadly lower amid weak demand and higher domestic operation rates / Only POM stable / January to be weaker
REACH
ECHA inspection uncovers numerous violations in online trade / Support for PFA restrictions
CHEMICAL INDUSTRY
Producers grapple with EU's proposed regulatory changes / Cost of compliance said to be daunting / Cefic seeks navigable path to Green Deal
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 27/01/2022
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