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PIE issue 1083
LOGISTICS
Container shipping gains a new, gigantic vessel / Ports, logistics unable to keep up / Why is the logistics situation so chaotic?
PETROCHEMICAL MARKETS
EVOH: Bottleneck results from forces majeures on upstream product VAM / Numerous sharp price increases
LYONDELLBASELL
“Strategic options” for Houston refinery under review / Divestment most likely course / Analysts see “little interest” in fossil-fired facilities
KEM ONE
Sale of PVC maker possible by end of year / Exclusive talks with Apollo Global Management
SABIC / FUJIAN PETRO
Chinese-Arab joint venture for mega petrochemical complex in the southeast of People's Republic
COVESTRO
Massive job cut plans confirmed / News comes as earnings outlook improves
LG CHEM
Plans for major complex to produce eco-friendly products by 2028 / PBAT and POE plants to start in 2024 / First exports of bio-based super absorbent polymers
VERSALIS
Acquisition of Ecoplastic's plants and technology / Equipment installation in 2022 / Initial capacity of 20,000 t/y for styrenics recycling
SVENSK PLASTÅTERVINNING
Almost EUR 100m investment for expansion of “Site Zero” recycling plant in Sweden
PREZERO
Waste and recycling firm to buy Ferrovial operations in Spain, Portugal
YES RECYCLING
New recycling plant to open in Scotland / Facility to turn waste plastic into plywood alternative
RECLAY
Waste-disposal service JV established in Finland
PACKAGING RECYCLING
Watermark trial for packaging in Copenhagen / First products in 2022
PLASTICS AND CLIMATE
Action needed to meet tougher decarbonisation targets / Recycling key to lower emissions / Wood Mackenzie study
PLASTIC PACKAGING EUROPE
PlasticsEurope calls for 30% EU recycled content target by 2030 / EuPC warns of consequences
PLASTICS RECYCLING UK
WCL survey assails national recycling plans / Lack of commitment to “all-in” deposit scheme / Too little focus on waste reduction
PLASTICS AND ENVIRONMENT
Technology giant Google unveils plastics recycling report / Investments of over USD 500 bn may be needed to slash waste / "Plastics circularity gap and mismanagement"
INDIA
Launch of Plastics Pact by WWF, CII / Packaging targets to be achieved by 2030
POLYMER PRICES
Standard Thermoplastics Trend September 2021: Polyolefin prices continue to erode / Significant discounts on polystyrene / PVC and EVA continue to rise amid tight market conditions / Little change in the rest of the month
POLYMER PRICES
Standard recyclate September 2021: Only rPP and rPET increase significantly / For rPE costs passed on at best / Lively demand due to sustainability projects / Price momentum continues to weaken in October
POLYMER PRICES
Engineering recyclate September 2021: Increases for ABS, PC, POM / Additional bottleneck for reinforced types / Signs of demand easing / Upward price trend gradually flattening
PIE SPOT PRICE MONITOR
Little momentum for PE in September / PP prices strengthen with slight supply decline
POLYMER PRICES
Polyurethane September 2021: TDI drops significantly for second time / MDI polymer still suffers from low supply / Rollover or falling prices likely in October
POLYMER PRICES
North America August 2021: Prices mixed despite Hurricane Ida / Production downtimes drive up standard thermoplastics in particular / ABS, PC and polyamides move sideways / Market hopes for a breath of fresh air in September
POLYMER PRICES
China standard thermoplastics August 2021: Prices mostly lower amid waning demand / Carbide-based PVC production low due to power curbs / September seen mostly softer
POLYMER PRICES
Russia August 2021: Premiums dominate the picture in August / PVC sets record / Maintenance and outages cause shortages in polyolefins / Further increases expected in September
POLYMER PRICES
China engineering thermoplastics August 2021: Prices mostly higher / Low supply due to planned, surprise shutdowns / Feedstocks increase / Bullish outlook for September
MANAGEMENT
Credit sales, late payments rise in Asia / Optimism on likely economic rebound / Global insolvencies to rise in 2021 as fiscal support wanes / Atradius reports
© 2021 by Plastics Information Europe, Bad Homburg
Date of print: 28/09/2021
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