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PIE issue 1101
COMPOSITES
Dynamic growth for European GRP production / Global market shift favours Europe / 25% fewer visitors at JEC fair in Paris / New concept for 2021 AVK market report
POLYMER PRICES
Composites/GRP May 2022: Resin prices move higher / With feedstocks rising, no plateau is in sight / Imports help to ease glass fibre tightness
PETROCHEMICAL MARKETS
PVDC: Bottlenecks and price hikes around the globe / Processors accuse producers of greed
INTERVIEW
Newly elected EuPC president Benoît Hennaut talks about the issues marring the plastics value chain currently, image management for the converting industry, and Europe's dependence on Russian gas / “Solution lies in unity”
EUROPEAN ECONOMY
Eurozone inflation hits record 8.1% in May / Brent crude trades above USD 124/bbl as EU announces ban on Russian oil / Growth concerns mount
PLASTICS RECYCLING EUROPE
Reclaim capacity rises 13% in 2020 / Regs help drive growth
UPDATE - OQ CHEMICALS
Oman Oil: No denial of rumoured sale of speciality chemicals company / New COO responsible for “strategic transformation”
TOTALENERGIES
Chemically reclaimed material to feed US resin production / Offtake agreement with New Hope Energy / European deal for supply of waste plastics from Belgian Vanheede
XYCLE
Consortium plans Dutch chemical recycling plant
NESTE
Use of tracing software for polymers, chemicals / Cooperation with start-up Circularise
SK CHEMICALS
Production start for starch-based polyols / Focus on bio-precursors, polymers
FLEXIBLE PACKAGING
Ellen MacArthur calls for urgent efforts to tackle fastest growing plastic packaging / Strategy identifies 25 priority steps for businesses and policymakers
FLEXIBLE PACKAGING UK
Pilot study investigates England's flexible plastic packaging collection system
SABIC
UK label manufacturer uses PP made from ocean-bound plastics
TRIOWORLD
PE recyclate film project with Lidl / Sterilisation research with Swedish Environmental Institute
INNOVIA FILMS
New coextrusion line for BOPP shrink film in Poland / CCL Label to market film as EcoFloat
SÜDPACK
German packaging specialist opens new plant in Poland
ZEUS PACKAGING
Irish firm continues shopping spree / Takeover of British packaging makers Swanline, BoxMart
POLYMER PRICES
Standard thermoplastics trend June 2022: Declining demand puts pressure on polyolefin prices / Styrenics and PVC mostly roll over / Fears of a recession abound
POLYMER PRICES
Standard recyclate June 2022: The recycling market knows no fear of recession – but for how long? / Low imports, high demand fuel price increases / Seasonal relaxation expected for July
POLYMER PRICES
Engineering recyclate June 2022: Upward trend continues with rPA 6, rPOM / Rollover for rABS, rPC / Forward buying by automotive sector / Demand otherwise weak / Upward momentum expected to ease
PIE SPOT PRICE MONITOR
Downward trend continues / Weak demand, inexpensive imports lower prices
POLYMER PRICES
Polyurethane feedstocks June 2022: Declining demand puts significant pressure on prices / Decrease however not yet sufficient to revive order activity / Further markdowns foreseeable
POLYMER PRICES
North America May 2022: PE, PVC move sideways as PP nosedives / Precarious time for styrene drives up PS, PA 6 / Consumer demand slumps on high inflation / June expected mostly weaker
POLYMER PRICES
China standard thermoplastics May 2022: Decrease in prices of most grades / Generally low demand / Lockdown nightmare over to an extent / Outlook mixed
POLYMER PRICES
China engineering thermoplastics May 2022: Higher feedstock costs due to expensive crude oil / Generally low demand leads to broad decreases / Lockdowns eased / Mixed picture for June
RUSSIA
Price regulation seems to be having an effect / Sibur working on a substitute for import grades / Special focus on materials for packaging films and pipe extrusion / Western sanctions viewed as ‘sabotage'
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 07/07/2022
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