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In the Spotlight
BASF
Sale of XPS insulation board business to Bachl closed / Purchase of 49% share in Domo's Alsachimie JV finalised
— By PIE correspondent — German chemical giant BASF said it has closed the sale of its XPS insulation board business to construction supplier Bachl following approval by relevant authorities. The complete transfer of the business, which also includes the Styrodur brand, is effective from 30 June 2025, BASF said. Both parties have agreed to keep the financial details of the transaction confidential.... (04.07.2025)
LOGISTICS
Minimum wage increase causes discontent in German transport industry / Low river levels from Europe's heatwave disrupt shipping
— By PIE staff — Starting from 1 January 2026, the statutory minimum wage in Germany is to increase to EUR 13.90 gross per hour, up from the current EUR 12.82 per hour. This announcement was made recently by a government-appointed commission. The business community’s response was swift. Particularly trade... (04.07.2025)
PACKAGING UK
Government unveils base fees for packaging producers under EPR scheme / Most lower than illustrative fees announced in December
— By PIE correspondent — With only three months to go before the UK government starts sending out extended producer responsibility invoices to packaging manufacturers, the organisation responsible for the administration of the EPR for packaging scheme has published details of the final fees that companies... (04.07.2025)
EU POLICY
Green agenda starts to wither / Is brown the new beautiful? / Macron calls for second rethink of 2040 targets
— By Dede Williams — The times, they are a changin’, in the words of folk poet Bob Dylan. It took a while, but by the beginning of the new millennium, the civic and corporate world’s march towards sustainability was moving at an ambitious clip, with companies falling all over each other to be the first with... (03.07.2025)
CHEMICAL INDUSTRY GERMANY
Industry in ‘stand-by' mode – VCI / Production, sales below previous year's level
— By PIE staff — Contrary to earlier hopes for the first quarter of 2025, the situation in the German chemical and pharmaceutical industries has once again deteriorated. From January to April 2025, production was 1.1% below the level of the previous year, according to German chemical industry... (03.07.2025)
CHEMICAL RECYCLING
Attractive opportunities exist for early movers / Mandated blending requirements could boost scale-up – Bain report
— By Elaine Burridge — The emerging chemical recycling sector could offer early movers a significant and long-term competitive advantage – as well as the opportunity to shape the industry’s future direction as it evolves. That’s the central message of a new report from US consultancy Bain, titled Chemical... (02.07.2025)
EXXONMOBIL
US Supreme Court upholds judgement against petchem giant for emissions violations / USD 14.25 mn to be paid in penalty
— By Dede Williams — In what is certain to be seen as a precedent-setting move, the US Supreme Court has declined to throw out a USD 14.25 mn civil penalty imposed on ExxonMobil for emissions violations in 2021 and upheld by the New Orleans-based US Fifth Circuit Court of Appeals in December 2024. This... (01.07.2025)
Plastic Fantastic
Seafarers: Your mission this summer, should you choose to accept it…
— By Andru Shively — Sailors, assemble!To the salt, to the seaTo your ships out to seeA Great Pacific Garbage Patch, a GPGPDutch non-profit The Ocean Cleanup has put out the call to all ... (04.07.2025)
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Latest News
ALIPLAST
Italian recycler acquired by Gruppo Hera's Herambiente
04.07.2025
RENOLIT
PVC roofing sheet operations in France, Italy divested / Sale of Ondex business
04.07.2025
NEW ALBEA
Automotive supplier ends insolvency under self-administration
04.07.2025
PLASTICS AND ENVIRONMENT
US PET producer sued for contaminating drinking water / EPA says 1.4-dioxane is a carcinogen
04.07.2025
LISBON
Launch of Europe's first city-wide reusable cup system
04.07.2025
PLASTIC FANTASTIC
Seafarers: Your mission this summer, should you choose to accept it…
04.07.2025
POLYMER PRICES
Engineering thermoplastics June: Prices fall further across the board / Demand stagnates to unsustainable level
03.07.2025
POLYMER PRICES
Composites/GRP June: Further pressure on declining resin and glass fibre prices / Weak demand, lack of momentum
03.07.2025
GRANNEX
Expansion of mechanical recycling capacity in Germany
03.07.2025
Social networks
Price Reports and Announcements
POLYMER PRICES
Engineering thermoplastics June: Prices fall further across the board / Demand stagnates to unsustainable level
03.07.2025
POLYMER PRICES
Composites/GRP June: Further pressure on declining resin and glass fibre prices / Weak demand, lack of momentum
03.07.2025
POLYMER PRICES
Polypropylene June: Prices follow C3 rollover / Supply exceeds demand / Little change expected for July
02.07.2025
POLYMER PRICES
Benzene July: Contract price continues to rise
02.07.2025
POLYMER PRICES
Polyethylene June: Feedstock rollover stabilises polymer prices on broad front / Adequate material, inadequate demand / Risk factor: punitive tariffs
02.07.2025
TRINSEO
Further price reductions for polystyrene
02.07.2025
POLYMER PRICES
Styrenics June: Next round of discounts again fuelled by declining feedstock costs / Downward trend to continue in July
02.07.2025
POLYMER PRICES
Feedstocks June/July
02.07.2025
POLYMER PRICES
Styrene July: Contract price falls again
01.07.2025
POLYMER PRICES
PET June: Picture dominated by slight reductions / Demand still disappointing / Weak USD making Europe increasingly attractive for global suppliers
01.07.2025
Readers' Choice
SABIC
Petchem giant to shutter UK cracker / European exit unfolds
26.06.2025
MICROPLASTICS
Glass bottles more contaminated than plastic / Beer bottles found to have highest content but wine is fine – Anses report
25.06.2025
NOVAMONT
Bioplastics specialist and parent Eni fined more than EUR 32 mn / Italian antitrust authority slams ‘exclusionary' marketing scheme for biodegradable bags
25.06.2025
EUROPEAN CAR MARKET
Mixed signals from EU registrations / UK sales rise / Chinese firms double market share
26.06.2025
LOGISTICS
Oil market calms as Strait of Hormuz remains open – for now
27.06.2025
INEOS
First step into chemical recycling / Pyrolysis oil to catalyse packaging polymers at Lavera cracker
23.06.2025
AUTOMOTIVE RECYCLING
EU member states endorse slower ramp-up for plastics reclaim targets in ELVR / Plastics Europe supports faster timeline / FEAD, EuRIC urge EU to preserve ambitions
27.06.2025
EU POLICY
Green agenda starts to wither / Is brown the new beautiful? / Macron calls for second rethink of 2040 targets
03.07.2025
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Date of print: 05/07/2025
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