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PIE issue 1111
BOPP FILMS
Pandemic spurs global growth / Capacity rises to over 16 mn t per year / China home to half of world output / Brückner dominates film line sales
CORRECTION - POLYPROPYLENE
China to become a net exporter in two to three years / Borealis to not build plant in Belgium
CHINA
Massive VCM capacity expansions coming online up to 2025
GERMAN ECONOMY
Business outlook worst on record – survey / Over 20% of plastics and rubber firms expect production cuts / Experts forecast recession in 2023
BELARUS
Ukraine war slams refining industry / Uncertainty for major resin plants / Information blackout since February
COVESTRO
Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment
INEOS OLEFINS
Technip to outfit Belgian ethane cracker / Project One now due for 2026 start / “First of its kind in Europe”
AVIENT
Earnings hit hard with some losses / Distribution division renamed Formerra following sale
POLYPLASTICS
Pressure on POM market declines slightly / First European compounding facility at Ter Plastics in Poland
WANHUA
Large production plant for polyamide 12 goes on stream in China
PLASTICS RECYCLING
Development of draft feedstock guidelines for pyrolysis route / Opportunity to recycle flexible films / More analysis needed to create scaled waste stream / Eunomia report
UK RECYCLING
Recoup calls for more plastic packaging reclaim capacity / BPF says most such waste exported
RESILUX
Acquisition of Serbian PET recycling, sorting plants
MBA POLYMERS
UK recycler to develop first circular supply chain for post-industrial plastic
INEOS
Letter of intent for German pyrolysis plant for plastics waste / Tests with partner Plastic Energy complete
GRUNDON
AI-based picker to boost waste management firm's sorting efforts
BERRY GLOBAL
US packaging giant opts for European recyclate accreditation
POLYMER PRICES
Standard thermoplastics trend November 2022: Month starts with mixed price picture / Late monomer price fixes delay polyolefin talks / Some increases may fizzle
POLYMER PRICES
Standard recyclate November 2022: Prices continue to fall / Recyclers respond to slack demand with production cutbacks / No recovery in sight for December
POLYMER PRICES
Engineering recyclate November 2022: Base material very scarce / Increased demand from automotive industry turns out to be a flash in the pan / "Just close your eyes and hope for the best"
PIE SPOT PRICE MONITOR
Larger rise in quotations / Trend expected to continue / Ongoing gap between contract, spot levels
POLYMER PRICES
Polyurethane feedstocks November 2022: End of strong price hikes for TDI / Producers grant heavy discounts partially on low demand / Generally more reductions in weeks ahead
UPDATE - POLYMER PRICES
North America October 2022: Weak demand, high stock levels put prices under pressure / Only PE moves sideways / Rising interest rates depress consumer behaviour / Further price reductions expected in November
POLYMER PRICES
China standard thermoplastics October 2022: Prices remain mixed though bearish sentiment prevails amid weak demand / November quotations seen lower / Only HDPE, PP expected to hold ground
POLYMER PRICES
China engineering thermoplastics October 2022: Prices for some engineering thermoplastics rebound / Textile sector low / Most types projected to see a drop in November
DRINKS PACKAGING
European trade groups say EU PPWD draft poses existential threat to beverage industries / Proposed targets could dismantle recycling infrastructure
PET RECYCLING ITALY
Coripet expands plastic bottle reclaim initiative / Italy to approach targets set by SUP directive / 860 reverse-vending machines installed
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 26/11/2022
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