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In the Spotlight
BLOCKCHAIN TECHNOLOGY
European Commission uses digital tools to help fight climate change / Countries link to set up cross-border infrastructure
EVONIK
Performance Materials segment drives quarterly results / Group raises sales forecast due to rising costs
The European Commission is aiming to use the blockchain technology to help fight climate change, stating that the bloc’s digital transition goes hand in hand with the Green Deal. The EC... (16.08.2022)
At Evonik, the Performance Materials business unit benefited tremendously from high naphtha prices in the second quarter of 2022. In the wake of improved margins, the segment, in which... (16.08.2022)
PETROCHEMICAL MARKETS
TDI: Covestro declares force majeure for production in Dormagen, Germany
PLASTICS AND ENVIRONMENT
Plastics can have smaller carbon footprint than alternatives / Emissions profile key for environmental considerations
As a result of the shutdown of chlorine production at its Dormagen site, Covestro has also restricted the production of polyurethane precursor TDI. Additionally, the plastics group has... (15.08.2022)
Plastics often create less greenhouse gas emissions than alternative materials, according to a study by US consultancy McKinsey, which said that in the vast majority of applications... (15.08.2022)
AUTOMOTIVE INDUSTRY
EU new car registrations down sharply in H1 / Battery-powered vehicles enjoy gains
LOGISTICS
Germany's Rhine is suffering, and with it, the industry / Freight rates for inland navigation increase fivefold
Declining and choppy European vehicle production seems to have become the norm, and fewer sales means even more difficult times for everyone involved in the industry. The number of new... (12.08.2022)
On the Elbe River, water has reached such a low level that it is no longer navigable in places. The Port of Hamburg, on the other hand, is giving an all-clear – according to operating... (11.08.2022)
Latest News
Price Reports and Announcements
POLYMER PRICES
North America July 2022: Most prices decline, but styrene-based thermoplastics see major hikes / Weak demand, full inventories / Benzene market calmer / Price reductions on the cards for August
17.08.2022
POLYMER PRICES
China engineering thermoplastics July 2022: Prices tumble across the board / Generally low demand and softer feedstock prices / Markets expected to be weak in August
17.08.2022
PIE SPOT PRICE MONITOR
Spot prices continue to fall / PP materials lose most ground
16.08.2022
POLYMER PRICES
China standard thermoplastics July 2022: Prices for all grades down / Low demand except for PET / Weak macroeconomic environment / Subdued outlook for August with further declines
16.08.2022
POLYMER PRICES
Standard thermoplastics trend August 2022: Prices undergo triple-digit slump / Massive reductions, especially with styrenics / Demand weak / Prices likely to continue to come under pressure
11.08.2022
POLYMER PRICES
Composites/GRP July 2022: Resin mostly downward / Summer holidays depress demand / Styrene plunge will have ripple effect / Mixed picture for glass fibre
05.08.2022
POLYMER PRICES
Engineering thermoplastics July 2022: Market remains divided, prices present a mixed picture / No massive increases across the board in July / Will August see prices plunge after the fall in benzene contract?
04.08.2022
POLYMER PRICES
Polyethylene July 2022: Plastics industry with the summertime blues / Ample supply meets weak demand / Prices fall more than monomer contract
03.08.2022
POLYMER PRICES
Styrenics July 2022: PS and EPS prices reach new highs despite weakening demand / ABS just below all-time high / Prices likely to crash in August
03.08.2022
POLYMER PRICES
Polypropylene July 2022: Europe is oversupplied / Producers push “special orders” / Output cuts to draw down inventories loom again in August
03.08.2022
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Date of print: 17/08/2022
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