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BIOPLASTICS
Need for farmland to remain low despite growing use of biopolymers – IfBB report / Algae pilot plant starts up in Spain
EUROPEAN ECONOMY
German plastics, rubber industry more optimistic / Eurozone manufacturing under pressure
The growth area required for bioplastics feedstocks is expected to remain at a low level in in the next few years despite a rapidly growing global market for the resins, according to the... (30.03.2023)
Economic indicators for Germany and the Eurozone showed improvement this month, but one measure of production slipped as the region struggles with multiple crises. The business climate... (29.03.2023)
ADANI
Major PVC project in India on ice / Fraud allegations send share price crashing
USA
Biden wants domestic bio-based polymer dominance by 2024 / Plan details follow executive order from September 2022
Construction work on a large PVC production plant in Gujarat, India, currently being built by family-run industrial conglomerate Adani Group, has been halted for an indefinite period. The... (29.03.2023)
Washington plans to spend USD 2 bn to advance plans for biotechnology and bioproduction, with the White House’s Office of Science and Technology Policy presenting a framework to underpin... (28.03.2023)
GRUPA AZOTY
European sales groups announced for new Polish PP output / DACH coverage open
ENERGY
Bank sector turmoil dampens oil price / War in Ukraine shifts global approach to energy dependence
It’s on to the home stretch: shortly before the integrated polypropylene plant in Police, Poland, goes into operation, local supplier Grupa Azoty has named distributors for key European... (28.03.2023)
Oil prices have tanked on recession fears and concerns of a full-blown financial crisis following the collapse of US-based Silicon Valley Bank, the forced merger of Swiss lenders UBS and... (27.03.2023)
Latest News
Price Reports and Announcements
POLYMER PRICES
Polyurethane feedstocks March 2023: Downtrend unbroken / Prices could soon bottom out / Demand slow to improve
23.03.2023
POLYMER PRICES
Paraxylene March 2023: Market largely balanced on increased European output
23.03.2023
PIE SPOT PRICE MONITOR
End of price hikes in sight?
21.03.2023
POLYMER PRICES
Engineering recyclate March 2023: Ordering remains weak with in part triple-digit markdowns / Signs of noticeable improvement in demand / Banking crisis surrounding Credit Suisse causes uncertainty
21.03.2023
POLYMER PRICES
Standard recyclate March 2023: Prices remain under pressure amid weak demand / Only rPP and rPS increase slightly / April trending towards more price stability / Exception: accelerated downturn for rPET
20.03.2023
POLYMER PRICES
China engineering thermoplastics February 2023: Prices mostly sideways to lower / Post-holiday demand recovery slower than expected / Feedstock prices higher, BDO's massive jump drives PBT up sharply / Outlook mixed
15.03.2023
POLYMER PRICES
Standard thermoplastics trend March 2023: Polyolefin prices rise, styrenics fall / Monomer costs determine direction / Weak demand could lead to minor adjustments
14.03.2023
POLYMER PRICES
China standard thermoplastics February 2023: Mixed price trend / Demand recovers but still tepid / March buying activity to increase as most industries enter peak season / New domestic capacity for PE, PS
14.03.2023
POLYMER PRICES
North America February 2023: Feedstocks drive prices up for polypropylene and polystyrene / PVC rises due to exports / Tendency for surplus in all segments / March expected to be weak
08.03.2023
POLYMER PRICES
Composites/GRP February 2023: Resin prices come under renewed pressure with styrene reduction in March / Cheaper imports pressure glass fibre
07.03.2023
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Date of print: 30/03/2023
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