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PIE issue 1031
AUTOMOTIVE INDUSTRY
Global car sales down 5% in 2019 / Industry faces consolidation and job cuts / Electric vehicles need one third fewer employees / Plastic content in cars above 30% for first time
POLYPLASTICS
Launch of POM grades for automotive fuel systems
DUPONT / EXXONMOBIL CHEMICAL
Thermoplastic vulcanisates for corner automotive seals
HENKEL
Lightweighting potential of hybrid automotive body parts / “Teroson” structural epoxy foam
INEOS
Final go-ahead for 750,000 t cumene plant in Germany / Completion in 2021
ENTERPRISE PRODUCTS
Leading US propylene producer to expand exports from Houston
NESTE / LYONDELLBASELL
First parallel production of bio-based LDPE and PP / Food packaging eyed
CHEVRON PHILLIPS
Next major project with Qatar Petroleum on US Gulf Coast / Ethane cracker and HDPE
ASCEND
Continued large-scale expansion of PA 6.6 base polymer / Increased usage in electric vehicles expected
TURKEY
Engineering plastics consumption and imports to decline on economic woes
BASF
Partnership with Sibur on polymer compounds R&D / Additives know-how and technological expertise
MERAXIS
New name for Rehau and MB Barter's polymer distribution company / Development of compounds too
BIESTERFELD
Distribution rights for Solvay's fluoroelastomers in Europe
K.D. FEDDERSEN
ABS range from Elix expanded
NORDMANN
Subsidiary Melrob distributes Celanese's EVA in UK and Ireland
FRANCE
Draft law puts waste collection in focus / Elipso sees need for more sorting plants and EPR for industrial packaging / "Access to recycled material is tomorrow's challenge for plastic packaging producers"
RECYCLING UK
Deposit return system for plastic bottles could slash waste seeping into marine environment / Common Seas report
TEKNI-PLEX
Takeover of Italy's Lameplast / Pharmaceutical plastic packaging
AMB
Takeover of UK films manufacturer TDX
BERRY GLOBAL
Acquisition of UK competitor RPC wrapped up / Business restructured into four divisions
SWISSPLAST
Thermoformer acquires CAP-Vakuform / Second investment in Bavaria within 12 months
NELIPAK
Kohlberg takes ownership of packaging manufacturer / "Ideal platform for further industry consolidation"
POLYMER PRICES
Standard Thermoplastics Trend July 2019: Price cuts dominate picture / Cost reductions point the way downwards / Demand still too weak for trend turnaround / Holiday season about to start in Southern Europe
POLYMER PRICES
Standard Recyclate July 2019: Slight discounts on some rLDPE, rPP and rPET grades / Favourable virgin material offers and onset of the holiday season dampen demand / Further discounts expected
POLYMER PRICES
Engineering Recyclate July 2019: Notations give way across the board / Only recycled polyamide 6.6 and certain rPOM and rPC grades escaping downtrend / Decline set to affect all materials in August
PIE SPOT PRICE MONITOR
Polyolefin trade prices plunge sharply
PETROCHEMICAL MARKETS
Polyamide 6: Grupa Azoty declares force majeure on polymer production in Tarnów
POLYMER PRICES
North America June 2019: Trade wars and weak automotive and construction segments bring widespread price cuts and rollovers / Only PVC sees an increase / Engineering thermoplastics expected to be weaker in July
POLYMER PRICES
China Standard Thermoplastics June 2019: Prices continue to decrease / Inventory levels remain high / Weak demand dominates / July could see more of the same
POLYMER PRICES
Russia June 2019: Demand still sluggish / Slump in prices / PVC driven solely by demand from construction sector / Stabilisation the target for July
POLYMER PRICES
China Engineering Thermoplastics June 2019: Prices keep downtrending / Inventory levels remain high / Subdued demand overall / Trade conflict with US puts small dent in imported POM supply
INDIA
Polyamide market sees growing automotive demand / Domestic processors buy around EUR 350m worth of PA polymers and compounds / AWJ report
© 2019 by Plastics Information Europe, Bad Homburg
Date of print: 20/08/2019
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