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PIE issue 1056
PLASTICS ECONOMY
PIE Readers Survey: European plastics companies withstand Covid-19 in H1 / Many expect better business performance in the second half-year / Sales volumes are and will remain a top concern / Supply chain strategies changing
PLASTICS TAX
EU parliament rejects council's coronavirus recovery package / Tax on non-recyclable plastic packaging a target / EuPC warns levy will not improve recycling
CORONAVIRUS
Pandemic to lead to major production and supply chain shift in global manufacturing industry / UK university study
POLYMER PRICES
Base petrochemicals, aromatics and feedstocks: July/August 2020
POLYMER PRICES
Polyethylene July 2020: Price hikes match rise in costs / Negotiating fronts harden / Some large customers think the agreed annual volumes will not be achieved / Plastics tax creates uncertainty
POLYMER PRICES
Polypropylene July 2020: Most of the feedstock hike passed on / Producers rarely improve margins / Auto horizon slightly brighter / Increases unlikely in August
POLYMER PRICES
PVC July 2020: Ethylene hike provides a lift / Strong demand for profiles plus production cutbacks triggers small supply shortages / Additional volumes not generally available
POLYMER PRICES
Styrenics July 2020: Hikes mostly remain below the cost transfer / Demand is much reduced / Maintenance plans could lead to allocations / Slight price increases in August
POLYMER PRICES
PET July 2020: Firming of notations / Demand still weak from coronavirus crisis / Momentum from hygiene segment not enough to compensate / Bleak outlook due to indications of second Covid wave
PETROCHEMICAL MARKETS
PA 6.6: BASF announces price hikes across entire chain / Producers have been trying to halt erosion since 2018 / Butachimie's maintenance brought forward
PETROCHEMICAL MARKETS
MDI: Covestro declares force majeure in EMEA region
PVC
Turkey initiates new anti-dumping investigation on imports from Germany and the US
POLYMER PRICES
Engineering thermoplastics July 2020: PA prices decline despite slight increase in feedstocks / PMMA likely to see distribution war / Slowdown in demand in August / Automotive situation varies across regions
BASF
Pandemic leads to quarterly loss / Plastics businesses in slump / Q3 unlikely to bring relief / EU approves construction chemicals sale
DOW
Cost reduction programme widened / Plans to slash global headcount by 6% and dispose assets badly hit by pandemic
TECHNIMARK
US company acquires Irish precision injection moulder
POLPLASTIC
Italian injection moulder aims for Central European automotive market
AZELIS
Acquisition sees private equity-owned chemicals specialist enter Israeli market
AMB
Italian food packaging producer takes over PTS Verpackungen / Wider reach on European market
PROTOTAL
Swedish 3D printing firm buys local injection moulder
AUTOMOTIVE INDUSTRY TURKEY
Car sector sees severe coronavirus-losses in production and foreign trade / Supply chain problems / VW plans for new plant halted
ADIENT
Car seat manufacturer plans to close French facility / Exclusive production for Renault
MINDA KTSN
German automotive supplier in a dilemma / Takeover talks underway / Czech production returns to Germany
REHAU
Automotive weakness and coronavirus impact German group / Nearly 1,000 job losses
RECYCLING
Kick-off for “R-Cycle” project in Germany / Linking data of recyclable waste for new packaging / Arburg, Brückner, Kautex and Reifenhäuser
PLASTIC PACKAGING
Flexible formats to grow the fastest to 2024 / Demand growth in emerging markets to outperform world average / Smithers report
© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 11/08/2020
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