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Markets Polymer Materials Petrochemicals

SAUDI ARAMCO Share deal with Sumitomo would make Saudis Petro Rabigh's majority shareholder / JV seeks financial turnaround	14.08.2024
INDORAMA PET manufacturer to close plant in Canada / Competition from China increases pressure	12.08.2024
PETROCHEMICAL MARKETS PVC: Vinnolit declares force majeure in Germany	09.08.2024
STYRENE Spot market calmer after news of restart in Netherlands / Prices remain high / Increase for polymers	08.08.2024
SHELL Energy giant drops chemical recycling plans / Target of 1 mn t/y by 2025 “unfeasible”	05.08.2024
CHEMICAL RECYCLING Pyrolysis oil as potential alternative to naphtha in crackers / Numerous plants ready to get started / Possible approach above all for Europe, Asia / Change could further impair cost base	05.08.2024
PETROCHEMICAL MARKETS Olefins, aromatics: Outage of Shell cracker at Moerdijk reported	31.07.2024
PLASTIC PACKAGING GERMANY Considerable improvement in raw material availability / Diversification in sourcing – IK economic survey	31.07.2024
PETROCHEMICAL MARKETS PE, PP: Force majeure declared after emergency cracker shutdown at Orlen's Czech site	30.07.2024
USA Damages from Hurricane Beryl not yet fully repaired / Outages in part expected to last for weeks	29.07.2024
INDORAMA VENTURES Rotterdam closures, site optimisations hit H1 net profit / No current plans for further shutdowns in Europe	29.07.2024
BIO-BASED NAPHTHA Alternatives to fossil-based naphtha needed to meet sustainability goals / EU legislation to support chemical recycling technologies – nova-Institute report	29.07.2024
VCI German chemical industry association extends Steilemann's term of office / Will BASF chief follow next year?	29.07.2024
EUROPEAN ECONOMY German business confidence drops again / Processor optimism continues lower / Concerns about German, Eurozone recoveries on the rise	26.07.2024
INDORAMA VENTURES Group to shutter PET/PTA plant in Rotterdam / Decision comes after deal with worker representatives	12.07.2024
PETROCHEMICAL MARKETS PVC precursors: Olin declares force majeure for plant in Texas due to Beryl	11.07.2024
GERMAN CHEMICAL INDUSTRY Slight increase in polymer production – VCI half-year results / “Silver lining, but still no stable upward trend”	11.07.2024
PLASTIC PACKAGING GERMANY Slight improvement in overall situation / Drop in revenues expected – IK economic survey	09.07.2024
EUROPEAN CHEMICAL INDUSTRY First signs of recovery apparent, but to be taken with a grain of salt – Cefic	03.07.2024
TIANJIN BOHAI Explosion at Chinese port city injures seven / PVC supply could be affected	27.06.2024
EUROPEAN ECONOMY Indicators tumble to suggest German stumble / Eurozone PMIs also decline / Ifo raises German growth outlook	25.06.2024
IRAN US imposes fresh sanctions on petrochemical exports / Capacity-expansion plans move along despite external pressure	25.06.2024
BUTADIENE China to lead world's capacity additions / India another key contributor / Price pressure on the European market continues	24.06.2024
CYCLYX First circularity centre in Houston already a third more expensive before completion	21.06.2024
PLASTIC PACKAGING German packaging and film makers expect higher sales on rising raw material costs / Earnings situation remains poor	19.06.2024

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