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PIE issue 1069
PLASTICS ECONOMY
PIE Readers Survey: Mostly optimistic business mood in Europe's plastics industry / Increasing willingness to invest / Feedstock costs and availability main issues / Return to pre-pandemic levels not before 2021
POLYAMIDES
Precursors, pull from China, and freight prices: Fragile PA 6.6 chain alarmingly unsteady / Steeply rising prices / Cost of PA 6 also moving up
PETROCHEMICAL MARKETS USA
Polymer production on hold in multiple locations / Oil production in Texas reduced by 80%
POLYPROPYLENE
Supply situation remains difficult / Signs of availability improvement treacherous / Upcoming maintenance turnarounds and unscheduled outages of US production lines
PETROCHEMICAL MARKETS
European processors' associations voice displeasure over forces majeures being used as a tool for negotiation
BOREALIS
German pilot plant for mechanical recycling / Project for post-consumer recyclates with Tomra
ITERO
Dutch demonstration plant for chemical recycling
VEKA RECYCLING
Recycler installs new silos to boost storage capacity
CORPLEX
French extrusion specialist forms recycling division / Acquisition of GeboPlast
POSEIDON PLASTICS
Start of recycling project for difficult-to-recycle scrap PET / Use of glycolysis technology
INEOS STYROLUTION
Joint development of chemically recycled PS with Polystyvert
ADIDAS
Sportswear giant to use 60% sustainable material in all products / Collaboration with Finnish start-up
WERNER & MERTZ
Some 5,000 t of recyclate for packaging / Top selling “Frosch” brand grows faster than market / Cleaning material supplier seeks better sorting with dual systems
BOREALIS
Q4 net profit soars 52% on strong polyolefin markets / Thomas Gangl appointed CEO to replace Alfred Stern
DOW
Revenue increase in Q4 first time since start of pandemic / One-offs propel net income to profit versus 2019 loss / Strong PE and PU margins
DUPONT
Q4 sales and profit seen higher year-on-year / Full-year sales forecast lower as profit-loss widens / Merger of nutrition and biosciences unit with IFF complete
LYONDELLBASELL
Higher Q4 net income and earnings / Recovery in consumer-driven demand and durable goods market / More polyolefins used for packaging and healthcare
BASF
Q4 operating profit soars 32% year-on-year / Sales jump 8% / Earnings for materials, chemicals and industrial solutions beat market consensus
LANXESS
Q4 earnings beat market forecast and year-ago level / Surge in demand from car industry
POLYMER PRICES
Standard thermoplastics trend February 2021: Polyolefin notations again see sharp upward movement / Massive bottlenecks drive prices / PVC also sees further rises / Only moderate increases for PS and EPS
POLYMER PRICES
Standard recyclate February 2021: Prices continue to rise across the board / Support from poorly available and more expensive virgin materials / Demand growing / Recyclers announce further premiums
POLYMER PRICES
Engineering recyclate February 2021: Major increases predominate / Base material mostly tight and expensive / Higher prices expected in March 2021 as well / No easing of the situation with PA 6.6 recyclate
SPOT PRICE MONITOR
Steep rise for polyethylene / Polypropylene also faces a big leap
POLYMER PRICES
Polyurethane feedstocks February 2021: Notations for MDI and polyols point clearly upward / TDI may have hit its peak / Continued plant outages limit supply
POLYMER PRICES
Russia January 2021: Price increases in all segments / Highest rises for PVC and PET / Clearly noticeable bottlenecks in places set to fuel upward trend even further in February
POLYMER PRICES
China standard thermoplastics January 2021: Prices fall broadly amid good supply and weak demand / Only PET higher / Converters scale down output ahead of holidays / Further weakness expected
POLYMER PRICES
North America January 2021: Unceasing upward movement in all segments / Rising feedstock prices and supply bottlenecks reinforce the trend / Slight easing of the situation expected in February
POLYMER PRICES
China engineering thermoplastics January 2021: Prices retreat broadly due to upcoming holidays / Weak demand / Most prices seen moving sideways in February
MATTRESS INDUSTRY
The Netherlands leads the way in Europe for mattress recycling / Rapid progress in chemical recycling projects / Europur report
PLASTICS RECYCLING EUROPE
Recycling capacity of 8.5m t in Europe / PET, LDPE, HDPE and PP frontrunners
© 2021 by Plastics Information Europe, Bad Homburg
Date of print: 25/02/2021
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