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In the Spotlight
TRADE WAR
US, UK unveil tariff changes / Trump's 10% levy remains largely in effect / More work to do
— By Eric Culp — While US and UK leaders have lauded an agreement on interstate commerce between their two countries, critics suggested the announcement lacked enough depth to categorise as a “deal”, and Washington is still charging 10% on most British goods. One provision of the accord has the US cutting... (17:13)
POLYMER PRICES
China standard thermoplastics April: Prices decline across the board, several substantially / Weak crude oil market continues / Projections difficult amid changing tariff policies, overall uncertainty
— By Alfred Wong — The monthly average market prices of all standard thermoplastics in China declined in April. The in part considerable decreases mainly resulted from the weak crude oil market, falling feedstock costs, and weak downstream demand. The tariff policy announced by the US in early April hit... (15:55)
LOGISTICS
Trump's tale about Houthi rebels does not affect freight rates / EC approves Italy's International Registry scheme
— By Somya Abrol & PIE staff —One can certainly rely on US President Donald Trump to regularly make attention-grabbing headlines. The most recent is his announcement from the Oval Office about Houthi rebels in Yemen relenting to the military superiority of the US and would thus cease terrorist attacks... (06:00)
WORLD TRADE
UK, India to sign Free Trade Agreement / UK-US deal likely underway; details unclear
— By PIE correspondent — The UK has signed a free trade deal with India, which Prime Minister Kier Starmer said would increase the former’s GDP annually by GBP 4.8 bn, along with an uplift in bilateral trade worth GBP 25.5 bn every year. The agreement, which has yet to be formally signed and go through... (08.05.2025)
EU POLICY
Coalition says new state aid framework lacks circularity funding measures / Omission risks undermining region's recycling sector / EU Commission spells out approach
— By PIE correspondent — In a joint statement, a coalition of European plastics recycling companies and trade organisations has warned that the proposed framework from Brussels for state aid rules governing recycling and renewable energy initiatives has been weakened by failing to mention how the circular... (08.05.2025)
COVESTRO
Q1 core profit plummets / Outlook for 2025 lowered amid geopolitical and trade tensions / LNG deal with Ineos
— By Marilyn Gerlach — Covestro has narrowed its 2025 financial guidance as first-quarter core profit slumped by half amid ongoing geopolitical uncertainties and new trade tensions sparked by US policies. The speciality plastics manufacturer expects earnings-before-interest-tax-depreciation-amortisation... (07.05.2025)
Latest News
CELANESE
Figures remain under pressure at start of 2025 / Billions in sales planned / Polyamide 6.6 cause for concern
 		13:13
TRINSEO
Plastics group remains in the red / CEO Bozich does not expect significant improvement in Q2 either / Plastics-relevant Engineered Materials best performer
 		11:35
IFCO
Emirati investor ADIA considers sale of stake in plastic container provider
 		06:00
PLASTICS AND HEALTH
“New evidence” sees phthalates in more critical light / EPA seeks reviewers / Starch-based plastics also have risks
 		06:00
ELIX POLYMERS
Partnership with Simoldes Plastics for recyclates in car components
 		06:00
PLASTIC FANTASTIC
Scotland's world wonder is ready for the storm
 		06:00
POLYMER PRICES
Significant delay in Western European paraxylene contract
 		08.05.2025
GREINER
Decline in sales not yet halted / Consolidation of Neveon foam division progresses
 		08.05.2025
SGL CARBON
Carbon fibre producer shutters precursor PAN plant in Portugal
 		08.05.2025
More...
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Price Reports and Announcements
POLYMER PRICES
China standard thermoplastics April: Prices decline across the board, several substantially / Weak crude oil market continues / Projections difficult amid changing tariff policies, overall uncertainty
 		15:55
POLYMER PRICES
Significant delay in Western European paraxylene contract
 		08.05.2025
CELANESE
Price increases to be set across entire compound portfolio
 		07.05.2025
POLYMER PRICES
North America April: Prices broadly under pressure / Demand remains subdued in almost all sectors / US tariff policy unsettles processors / No recovery expected in May
 		06.05.2025
POLYMER PRICES
Engineering thermoplastics April: Solid supply with weak demand and increased imports / Order slump expected to continue in May
 		06.05.2025
POLYMER PRICES
Composites/GRP April: Downward trend for resins, glass fibres set to remain unchanged / Order situation still at rock bottom
 		06.05.2025
TRINSEO
Price reduction for polystyrene
 		05.05.2025
POLYMER PRICES
Polypropylene April: Significant price adjustments as result of lower C3 contract / Demand and economic activity remain low
 		05.05.2025
POLYMER PRICES
Styrenics April: Prices turn downwards / SM reduction not passed on in full for EPS once again
 		05.05.2025
POLYMER PRICES
Polyethylene April: Customs chaos leads to almost stable prices / Reductions expected towards end of month / Intensification of downward trend likely in May
 		05.05.2025
More Price Reports...
More Announcements...
Readers' Choice
UPDATE - IBERIAN PENINSULA
Blackout in Spain and Portugal: Multiple petrochemical plants shut down / Normalisation could take a week
 		29.04.2025
LOGISTICS
Trump demands free passage for Suez and Panama Canals
 		02.05.2025
PLASTICS MARKETS
Global production continues uptrend, seen doubling by 2050 / Waste incineration increases, landfill declines / Recycling stagnant in challenging environment
 		29.04.2025
LYONDELLBASELL
Revenues and earnings continue to decline / Possible tariffs affect less than 10% of polyolefin sales
 		07.05.2025
PETROCHEMICAL MARKETS
Olefins, LDPE/LLDPE, EVA: Versalis declares force majeure on products from Dunkirk
 		28.04.2025
EU POLICY
Coalition says new state aid framework lacks circularity funding measures / Omission risks undermining region's recycling sector / EU Commission spells out approach
 		08.05.2025
CHEMICAL INDUSTRY SPAIN
Call for cut in electricity costs to boost competitiveness / Base chemicals production remains in decline
 		28.04.2025
BASF
Forecasts for 2025 unchanged / Q1 sales fall 0.9% while key profits take a hit / Indirect impact from trade wars expected
 		02.05.2025
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Date of print: 10/05/2025
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