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PIE issue 1071
RUSSIA
Billions in petrochemicals investments seek to make country an export nation by 2025 / Nord Stream 2 as acid test / Domestic demand grows faster than polymer production
RAW MATERIALS
More European processing groups warn of resin shortages / Shops set to cut production, delay deliveries of finished products
RAW MATERIALS
Situation on plastics market "threat" to stable supply of food and medical goods / Resin makers should not take processors "hostage" / Price hikes unjustified / Pallet prices to climb
PLASTICS PROCESSING / RAW MATERIAL MARKETS
Hand-wringing everywhere / Processors' associations react with concern: “Don't leave us hanging!” / Restrictions likely to continue well into April / Calmer price situation first expected at year's end
ENI / VERSALIS
Porto Marghera cracker to be decommissioned in 2022 / Aromatics production also to cease / Former Versalis CEO Ferrari has joined SK Capital
MOL
Polyol plant start-up delayed / 2020 earnings down sharply / Profits expected to rise 10% in 2021 / Downstream expansions planned
DOW
Buyer sought for German site infrastructure / Freeing capital for investment
SABIC
Circular economy pact with BP in Germany / New plastics from recyclate
HEXPOL
Swedish compounder strengthens Southern European presence with acquisition of Vicom
KLÖCKNER PENTAPLAST
Launch of new sustainability strategy / “Investing in Better” focuses on closing the packaging loop, reducing carbon emissions and improving diversity
COVERIS
Purchase of UK's Initial Packaging Solutions / Speciality bag production one focus
ZEUS PACKAGING
Irish trading company acquires Austrian packaging specialist Petruzalek / Seven acquisitions in 18 months
SÄNTIS PACKAGING
Acquisition of Swiss packaging maker SwissPrimePack / Capacity expansions planned
GOGLIO
EUR 30m for more sustainability / Packaging manufacturer invests in Italy
WALKI
Installation of 10-colour flexo press in Poland
CROMWELL POLYTHENE
UK bag maker invests in additional production capacity
BERLIN PACKAGING
US packaging company continues buying spree / UK-based Roma adds to range of cosmetics containers / Lofty sales goal for Europe
POLYMER PRICES
Standard thermoplastics trend March 2021: Major market turbulence catapults prices sharply upward / Serious bottlenecks with polyolefins / No short-term improvement in sight
POLYMER PRICES
Standard recyclate March 2021: Prices trending higher / Significant premiums after increases in virgin material prices / Demand picks up noticeably / Recyclers planning further increases
POLYMER PRICES
Engineering recyclate March 2021: Notations increase significantly / Polymers, additives and reinforcing materials contribute to price rise / Further hikes expected in April
PIE SPOT PRICE MONITOR
Polyolefins decouple from precursors / No relief in sight though lines have restarted
POLYMER PRICES
Polyurethane feedstocks March 2021: Isocyanates and polyols with triple-digit mark-ups / Shortages persist despite some plant start-ups / Trend in April: Still noticeably firmer
POLYMER PRICES
Russia February 2021: Notations explode in all key segments
POLYMER PRICES
China standard thermoplastics February 2021: Prices driven higher by global supply shortages and bullish feedstock markets / March expected to see further increases
POLYMER PRICES
North America February 2021: Dramatic shortages spark price explosion / Winter storms on Gulf of Mexico bring production to standstill / Producers often unable to meet demand / Relief unlikely
POLYMER PRICES
China engineering thermoplastics Febuary 2021: Prices up broadly on global supply constraints and rising feedstock costs / Spring holidays dampen demand / March could see more increases
PLASTICS PROCESSING GERMANY
GKV reports declines in polymer volumes and turnover / Profound change in raw material supply imminent / Roth: “Recyclate quotas cannot be enforced as in a planned economy”
© 2021 by Plastics Information Europe, Bad Homburg
Date of print: 14/04/2021
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