www.pieweb.com
PIE issue 1098
POLYMER PRICES
Base petrochemicals, aromatics and feedstocks: April/May 2022
POLYMER PRICES
Polyethylene April 2022: Producers charge as much as they can / Imports provide little relief / May expected to see a rollover and formation of a price plateau / The market is sensing inflation
POLYMER PRICES
Polypropylene April 2022: Prices still pointing upward / Size of hikes crumbles / Auto industry woes depress demand / Compounders reduce output
POLYMER PRICES
PVC April 2022: Quotations strive undeterred from one high to the next / Suppliers of base materials price in energy costs / Supply situation deteriorates again / Further hikes expected in May
POLYMER PRICES
Styrenics April 2022: New record prices after massive cost hike / Broadly spread price increases / High demand for EPS insulation materials while ABS is more balanced
POLYMER PRICES
PET April 2022: Prices surprisingly stable / Seasonal demand well below expectations / Supply situation adequate / Imports due to arrive soon / Uncertainties dominate the market / Price pressure in May
POLYMER PRICES
Engineering thermoplastics April 2022: Prices jump again / Hefty hikes for all types / Southern Europe particularly hard-hit / Demand still largely weak / Further increases likely in May
VERSALIS
Parent company Eni preps new strategy / Italian petchem site to become recycling centre
EASTMAN
Site selected for French polyester reclaim plant / Recyclate-based compounds developed with Maip
BASF
Petchem giant sticks to ambitious climate goals / CO2 output to be cut 25% by 2030 / Ready to supply first net-zero products
LYONDELLBASELL
Operation of Houston refinery to stop by 2023-end / “Best strategic and financial path forward”
DOW
Germany's first LNG terminal to be built at Stade site / US chemical group will provide land and take minority stake
AVIENT
Purchase of DSM fibre division Dyneema / CEO Patterson flirts with sale of the distribution ops
DOMO CHEMICALS
More PA 6 compounding in China / Resin to come from Europe
LANXESS
Official inauguration of PA, PBT compounding in Germany / EUR 50 mn investment
DISTRUPOL
Distributor takes over Finnish competitor Baritec
TPV COMPOUND
Nexeo takes over distribution of PVC grades for medical applications in DACH region
HELM
Distribution of MOL propylene glycol
ALBIS
Distribution of Covestro's “bio-based” polycarbonate portfolio
ELIX POLYMERS
Partnership with suppliers of sustainable ABS precursors
GERMAN ECONOMY
Ifo Institute: Firms express less pessimism after terrible March poll result / Material shortages ease / Decline in number of companies worried about survival
MANAGEMENT
Ukraine war, related sanctions to boost German insolvencies / Plastics industry likely to suffer more than general economy
ENERGY COSTS
Economic researchers call for major hike in gas prices to motivate companies to use less energy / Caution against “distorted incentives” through state aid
LOGISTICS
War in Ukraine: German government plans rail “grain bridge” / Without exports, global famine a possibility / Container freight prices trend inconsistently in the off-season
GLOBAL TRADE
IfW Kiel: Ukraine war slows global trade / 12% of goods stuck in containers
PLASTICS AND ENVIRONMENT
Study for European Commission explores scenarios for PVC phase-out
PLASTICS AND ENVIRONMENT
EuPC and Plastics Europe open public consultation on plans for Ocean Clean Sweep certification scheme
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 22/05/2022
Ref: wtmmlozcwew4penoeueww4y5
KIVBHI
All rights reserved.
Access and use is subject to our terms of use.
URL: https://pieweb.plasteurope.com/default.aspx?pageid=150