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PIE issue 1043
PET
Fibre applications compensate for overall slowdown / Surplus tendency with paraxylene / PTA more balanced / Excessive increase in MEG capacities
PLASTIC BOTTLE RECYCLING
US reprocessing flat as exports fall / Industry and government driving reuse
PLASTICS RECYCLING USA
“Recover” act to improve recycling infrastructure / Support along the entire national value chain
SABIC
Liquidation of three subsidiaries / Asset review in progress
LYONDELLBASELL / SINOPEC
Joint venture for propylene oxide and styrene in East China / Expansion of output at Ningbo
BOREALIS
Nova's stake in Novealis JV to be acquired
BIO-ON
Italian biopolymers producer is bankrupt / Production in Bologna still running
INDORAMA
Acquisition of Huntsman's propylene oxide and MTBE activities completed
MONDI
Packaging group plans closures of two UK manufacturing sites / CEO Peter Oswald to step down
NOLATO
Closure of UK manufacturing facility planned
HUHTAMAKI
Takeover of Laminor in Brazil / Everest Flexibles purchase completed / Two new executive team members
ROBERTS MART
UK flexible packaging specialist adds new LDPE co-extrusion line and warehouse
KOTRONIS
Sumitomo Demag injection moulding machines installed at Greek food packaging specialist
AUTOMOTIVE INDUSTRY
Global stagnation / “The road will be steep, stony and arduous” / New boss of German association receives support from the industry / Favourite cities for IAA to be named by end of January
NOVARES
French company to start production in Russia
ASAHI KASEI
Office for automotive industry opened in near Detroit
YANFENG AUTOMOTIVE INTERIORS
First plant in Serbia goes onstream / Interaction with the car of the future / Cooperation with sensor specialist IEE
ALBIS
Compounds developed for fuel cell applications
POLYMER PRICES
Russia December 2019: Polyolefin notations at lowest levels for the year / Demand very weak in part / PE injection moulding grades and standard PS materials hold their ground / Virtually no recovery in January
POLYMER PRICES
China Standard Thermoplastics December 2019: LDPE and PP notations fall / Most polymers witness low demand / Chinese New Year festival in latter January to keep demand weak
POLYMER PRICES
North America December 2019: Price decline continues / PP down again / Iran conflict and trade war with China to determine developments in the new year / Feedstock costs vary
POLYMER PRICES
China Engineering Thermoplastics December 2019: Most grades see rollovers or decreases / ABS is the exception / Generally weak demand / Several plants shut down or lower operation rates
POLYMER PRICES
Standard Thermoplastics Trend January 2020: Polyolefins trending just slightly up / Styrenics make up the ground lost in December / Demand picks up only slowly / Selective price increases over the rest of the month
POLYMER PRICES
Standard Recyclate January 2020: Downtrend in prices continues / Only rPP and rPS remain stable / Pressure from virgin materials / Demand to pick up in February / Widely stabilising prices expected
POLYMER PRICES
Engineering Recyclate January 2020: Poor demand leads to rollovers everywhere / Prices may have bottomed out in many cases / PA 6.6 recyclate unlikely to escape reductions
PIE SPOT PRICE MONITOR
PP trending stronger, PE grades largely stable
POLYMER PRICES
Polyurethane Feedstocks January 2020: Isocyanates down another notch / Weak demand pressures producers' margins / Slack ordering melts MDI and TDI oversupply
TURKEY
Pagev congress on plastics recycling / Panel discussion on waste and infrastructure / “Plast Eurasia” trade fair in Istanbul has more than 52,000 visitors
TURKEY
Agricultural plastics output and demand set to slip in 2019 / Reversal of past five years / Foreign trade continues to climb
© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 24/01/2020
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