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In the Spotlight
PETROCHEMICAL MARKETS
Polypropylene: TotalEnergies reportedly declares another force majeure for Gonfreville, France
— By PIE staff — On 16 January, French petrochemical group TotalEnergies reportedly declared another force majeure on polypropylene deliveries from the plant in Gonfreville, France. PIE received corresponding confirmations from several processors. The company itself did not respond to an enquiry. The cause and possible duration of the FM are still unclear. However, according to the PIE Price Team, the... (21.01.2025)
INTERVIEW
“Huge potential for recycling remains untapped” / Conversio managing director Christoph Lindner talks to PIE about the material flows of plastics in Germany
— By PIE staff — Recently, consulting firm Conversio Market & Strategy published its study, Stoffstrombild Kunststoffe in Deutschland 2023 – an overview of the material flows of plastics in Germany for 2023. The study, commissioned by BKV, and carried out with the support of numerous associations such... (21.01.2025)
K 2025
“The Power of Plastics! Green – Smart – Responsible” is the motto of this year's leading plastics trade fair
— By PIE staff — Messe Düsseldorf, organiser of the K 2025, is preparing for the leading international trade fair for the plastics and rubber industry. Taking place in Düsseldorf, Germany, from 8 to 15 October 2025, the event will focus on the theme, The Power of Plastics! Green – Smart – Responsible,... (21.01.2025)
PLASTICS RECYCLING NETHERLANDS
Pressure on Dutch firms continues / Local market reflects problems in Europe / “Market is flooded with virgin plastics from China”
— By Eric Culp — Factors specific to the Netherlands are undermining the efforts of plastics recyclers in the country, with the situation expected to remain difficult, according to those familiar with the industry, a number of which spoke with PIE on condition of anonymity. A spate of bankruptcies in the... (20.01.2025)
SGT
French PET blow moulder expands European footprint with Axium Packaging acquisition
— By PIE correspondent — PET preform and food-grade rPET manufacturer Société Générale des Techniques has announced the acquisition of French blow moulder Axium Packaging, a move which it believes will boost its presence in Europe. Financial details of the deal were not revealed. Axium, founded in 1968,... (20.01.2025)
TUPPERWARE
Insolvent household goods manufacturer announces complete withdrawal from Europe
— By PIE staff — Sixty-three years after the first ‘Tupperware party’ in the country, Tupperware Brands has officially discontinued its business activities in Germany, according to an announcement made by the insolvent US household goods manufacturer. The statement reads: “Thank you for being an essential... (17.01.2025)
LOGISTICS
China's export frenzy to US consistent / Freight rates shoot through the roof
— By PIE staff — Donald Trump has not taken office just yet, but the almost-80-year-old is already making history – and the subsequent panic in China refuses to dull down. The country is racing to land its goods – from plastic pellets to plastic knick-knacks – in the US before Trump takes office on 20... (17.01.2025)
Plastic Fantastic
Keep your eyes off the art, US city tells citizens
— By Andru Shively — Humans are prone to pareidolia – our tendency to perceive faces in inanimate objects. Quite often we can’t help ourselves but make this a reality with googly eyes ... (17.01.2025)
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Latest News
USA
Lawsuit for defamation, damage to business: ExxonMobil strikes back against California attorney general
21.01.2025
POLYMER PRICES
Polyurethane feedstocks January: Slight downward trend continues / Weak demand with steady supply
21.01.2025
SUSTAINABLE PACKAGING
Consumer willingness to pay extra drops in 2024 / One-third still sceptical about alternative solutions – Simon-Kucher study
21.01.2025
BIESTERFELD
Distribution of Celanese's LCP, TPS high-performance polymers in EMEA region
21.01.2025
ALBIS
Distribution of diverse medical technologies from Arkema
21.01.2025
NESTE
Co-processed renewable feedstock for polymer production hits the market
21.01.2025
VIRIDOR
Majority shareholder KKR reportedly considering sale of UK recycling company
21.01.2025
EUROPEAN CHEMICAL INDUSTRY
International competitiveness still deficient / Cefic sees need for “bold action”
20.01.2025
WEBASTO
German automotive supplier accelerates restructuring / Job cuts, production cutbacks become more likely
20.01.2025
Social networks
Price Reports and Announcements
POLYMER PRICES
Polyurethane feedstocks January: Slight downward trend continues / Weak demand with steady supply
21.01.2025
POLYMER PRICES
Engineering recyclate January: December's ordering boom comes to an end / Compounders resume production gradually / Polypropylene trends differently from the rest
17.01.2025
POLYMER PRICES
Standard recyclate January: Prices mostly roll over again / Demand remains weak / Imports further distort market
16.01.2025
POLYMER PRICE FORECASTS
Upward trend for several quotations in February / US trade policy poses danger
16.01.2025
VENATOR
Significant price hike for TiO2
15.01.2025
POLYMER PRICES
North America December: Stable to slightly falling prices in combination with sluggish demand and adequate supply / Feedstock quotations firmer recently / Price rises in January unlikely
14.01.2025
PIE SPOT PRICE MONITOR
Prices mostly trend sideways / Moderate increase expected in coming weeks
14.01.2025
POLYMER PRICES
China engineering thermoplastics December: Prices mostly sideways to lower on weak demand; ABS strengthens / January seen weak ahead of Spring Festival despite rising crude oil prices
13.01.2025
POLYMER PRICES
Standard thermoplastics trend January: Rollover for polyolefins, moderate increases for styrenics / Most prices follow pattern of feedstock costs
13.01.2025
POLYMER PRICES
China standard thermoplastics December: Quotations mostly trend lower / Increase only for LLDPE, PP copolymers / Upcoming Spring Festival to dampen demand considerably
10.01.2025
Readers' Choice
TITANIUM DIOXIDE
European Commission imposes definitive punitive tariffs on TiO2 from China / Industry voices disappointment
13.01.2025
LOGISTICS
US government classifies Cosco Shipping as a ‘Chinese military company'
10.01.2025
LOGISTICS
China's export frenzy to US consistent / Freight rates shoot through the roof
17.01.2025
SPOLANA
PVC production in Czech Republic on brink of collapse / Caprolactam production also discontinued
14.01.2025
BASF
Styrodur XPS business sold to Bachl
10.01.2025
BISPHENOL-A
EU bans use of BPA in food-contact materials / Transitional periods of up to 36 months
13.01.2025
TUPPERWARE
Insolvent household goods manufacturer announces complete withdrawal from Europe
17.01.2025
PLASTICS RECYCLING NETHERLANDS
Pressure on Dutch firms continues / Local market reflects problems in Europe / “Market is flooded with virgin plastics from China”
20.01.2025
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Date of print: 22/01/2025
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