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Formosa Plastics

FORMOSA
District Court in Louisiana cancels environmental permits for Sunshine Project / Major petchem site under intense pressure
22.09.2022
PETROCHEMICALS USA
EPA to review permit process for Louisiana plants / Focus on Gulf Coast petchems corridor dubbed “Cancer Alley”
25.04.2022
USA
Tropical Storm Nicholas hits Texas and Houston with massive rainfall / Supply of PVC faces renewed problems
15.09.2021
USA
Hurricane Ida makes landfall near New Orleans / Petrochemical plants shut down, ports closed
30.08.2021
FORMOSA PLASTICS
US Gulf “Sunshine Project” delayed again / Charges of “environmental racism”
24.08.2021
POLYMER PRICES
North America June 2021: Polyolefin and PVC prices rise again / Pressure eases for styrenics / Most engineering thermoplastics largely firmer / Tight supply situation expected to bring further increases in July
12.07.2021
PETROCHEMICAL MARKETS
Vestolit lifts force majeure for PVC deliveries from Marl / Fire at Formosa Plastics in Texas
15.06.2021
POLYMER PRICES
North America May 2021: Notations race from one high to the next / Product shortages everywhere / Numerous forces majeures still in place / Benzene price gives reason for hope / Only PS situation likely to improve in June
09.06.2021
POLYMER PRICES
North America April 2021: Mammoth price increases dominate the picture / Converters despair over record costs / Benzene price explodes / High costs and low inventories point to new record demands for May
07.05.2021
PIE SPOT PRICE MONITOR
Upturn in polyolefins slows noticeably / Import situation still weak
20.04.2021
POLYMER PRICES
North America February 2021: Dramatic shortages spark price explosion / Winter storms on Gulf of Mexico bring production to standstill / Producers often unable to meet demand / Relief unlikely
10.03.2021
POLYMER PRICES
North America January 2021: Unceasing upward movement in all segments / Rising feedstock prices and supply bottlenecks reinforce the trend / Slight easing of the situation expected in February
10.02.2021
POLYMER PRICES
North America December 2020: High feedstock prices, tight supply situation and recovery tendency in plastics processing combine to drive up prices / Significant increases with few exceptions / Tension unlikely to ease
13.01.2021
POLYMER PRICES
North America November 2020: Prices stable to firmer / PE and PVC cool down / PP still rising / High feedstock costs push up styrenics / Further increases expected
15.12.2020
FORMOSA PLASTICS
Work on US “Sunshine Project” suspended due to coronavirus / Petrochemical and plastics complex still faces lawsuits
15.12.2020
POLYMER PRICES
North America October 2020: Prices ease except for PVC and ABS / Production recovers from hurricane damage / Widespread inventory-building / Little fresh stimulus expected in November
12.11.2020
POLYMER PRICES
North America September 2020: Price explosion in polyolefins, PVC, ABS and PA 6 / Hurricanes drive up prices / PS, PC and PA 6.6 more relaxed / Situation expected to calm down in October with the exception of PE
15.10.2020
USA
Power supply instability delays restart of US polymer production after storms / Normalisation in the second half of October at the earliest / Shortages for PE, PVC and PC / Worst hurricane season since 2005
01.10.2020
ROTTERDAM POLYMER HUB
Start-up of second-phase expansion / Capacity for storing and handling PE and PP / Connection to Container Exchange Route
22.09.2020
POLYMER PRICES
North America August 2020: Season's first hurricane triggers pronounced hikes for polyolefins and PVC / Engineering plastics predominantly firmer / Restart of polymer production will determine September prices
15.09.2020
USA
Hurricane Laura hits the coast of Louisiana / Large parts of polymer production and petrochemicals on the US Gulf Coast are paralysed / Prices gain momentum
28.08.2020
PETROCHEMICAL MARKETS
Polypropylene/C3: Production chain in Europe and the US undersupplied / PP spot prices in Europe rising
17.08.2020
POLYMER PRICES
North America July 2020: Significant rise for polyolefins / PVC and PS also see strong increases / Engineering plastics move sideways / Fragile recovery in domestic demand / Mixed picture in August
17.08.2020
UPDATE - BASF
Agreement with ThyssenKrupp Industrial Solutions on development of PDH technology
21.07.2020
POLYMER PRICES
North America June 2020: Export business props up PP prices / PP and PVC bottom out / Engineering plastics tread water / Higher feedstock prices / Uncertainty in July in view of infection developments
14.07.2020
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Date of print: 28/03/2024
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