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PIE issue 1040
POLYMER PRICES
Base Petrochemicals, Aromatics and Feedstocks: November/December 2019
POLYMER PRICES
Polyethylene November 2019: Fall in feedstock reference price determines the reductions / Nearly all products follow suit / Film grades suffer from poor demand / Rollover likely in December despite slightly firmer ethylene price
POLYMER PRICES
Polypropylene November 2019: Lower reference has repercussions along the chain / Demand remains weak / Players may take half of December off
POLYMER PRICES
PVC November 2019: Ethylene reference sets the price span / Pro rata reductions have to be passed on / No margin improvement for producers / Depressed situation in the very short working month of December
POLYMER PRICES
Styrenics November 2019: Prices continue to fall / Some reductions for PS and EPS exceed styrene cost decline / Oversupply dominates market / Further decreases likely
POLYMER PRICES
PET November 2019: Erosion of notations continues unabated / Oversupply boosted by imports / Price pressure continuing on into December
POLYMER PRICES
Engineering Thermoplastics November 2019: Downward drift continues / Notations crumble, but not in one fell swoop / No interruption to market weakness / Price pressure expected to dominate in December
UPDATE - PETROCHEMICAL MARKETS
Massive explosion at petchem site in East Texas / Presumably TPC's C4 facilities
BASF
“Smart Verbund” site at Zhanjiang on its way / New plants for PA, PBT and TPU
DOMO / SOLVAY
EU commission clears acquisition of PA business
DONGGUAN GRAND RESOURCE
Integrated PP complex starts up in Southern China
TRINSEO
Polycarbonate production in Germany to remain in-house after all / Comprehensive restructuring in the pipeline
DSM
Several additive manufacturing collaborations lined up / Shapeways, Chromatic 3D Materials and German RepRap
PROTOTAL
Scandinavia's leading 3D printing specialist acquires Acron Formservice / Norwegian product engineering specialist Minoko becomes sole owner
ARKEMA
Centre of excellence for 3D printing in Normandy / Focus on powder bed fusion
BASF
Acquisition of French 3D printing service provider Sculpteo
EVONIK
Expansion of 3D printing engagement / Partnership with NXT Factory
CARBON
Previous head of DuPont Ellen Kullman appointed CEO of 3D printing specialist
TETRA PAK / BRASKEM
Partnership on bio-based polymers for carton packaging
TRIOPLAST
Takeover of PE film producer Apeldoorn Flexible Packaging from Jindal
BERRY GLOBAL
Acquisitions boost full-year sales and profits / Higher sales volume at consumer packaging in North America / Volumes fall at engineered materials
PLASTIC PACKAGING
Sustainability drive spurs transition to paper / Focus on developing recyclable plastics / Recycling infrastructure needs to keep pace / Smithers report
TURKEY
Plastic compounds production and demand expected to fall in 2019 / Foreign trade to dip and widen deficit / Polypropylene holds largest market share
USA
Plastics sector's exports and imports up in 2018 / Trade uncertainties remain major issue / Plastics Industry Association releases trends report at "K 2019"
PLASTICS PROCESSING GERMANY
Sales fairly stable in Q3 / Order backlog very low / Technical parts still a major worry / Gloomy expectations / Trend turnaround not imminent
PLASTICS ECONOMY
European industry's outlook appears more subdued / Many companies worried about impacts of global trade conflicts, the automotive crisis and regulations / PIE Readers Survey
© 2019 by Plastics Information Europe, Bad Homburg
Date of print: 15/12/2019
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