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PIE issue 983
MANAGEMENT
More than 40% of western European supplier credits overdue / Credit-based sales particularly unpopular in Germany and Austria / Companies anticipate longer periods of payment / Atradius report
AUTOMOTIVE SUPPLY
EU imposes a EUR 27m fine on car headlights manufacturers
PET RECYCLING
Yield from recyclers has gone down 5% in 5 years / Rising costs for European PET recyclers / PRE sees need to upgrade sorting processes
ENTERPRISE PRODUCTS
LOI with Navigator for ethylene terminal / Improving export infrastructure
ARKEMA
Major new investment in bio-sourced PA 11 / “Significantly” enhanced Asian presence
TOTAL
Industrial-scale PS recycling trial successfully completed / French plastics and petrochemicals group targets material with 20% recycled content
BOREALIS
Further expansion at Borouge now definitive / Agreement with Emirates' company Adnoc / PP line for 2020
KLÖCKNER PENTAPLAST
EUR 1.6 bn bond for film manufacturer / Special dividend for owner SVP / Acquisition of Linpac complete
ALPLA
Takeover of Propack / Eighth location in Italy
LUMSON
Acquisition of Leoplast / Boost for cosmetics portfolio and international development
PERLEN PACKAGING
Branding changes for Swiss packaging group
MAUSER
Investment in US packaging facility / Local incentives and proximity to industrial customers key factors for choosing Louisiana
RKW
Film manufacturer closing facility in eastern Germany / Agricultural film production relocating to Michelstadt
PLASTICS CAPITAL
Manufacturer gets turnover boost from acquisitions / Deals add nearly GBP 9m to top line
POLYURETHANE FOAMS
European flexible foam market grows in 2016 / Upsurge in tonnage of EU exports as imports drop / Trend for higher density PU foams
THERMAL INSULATION
After deadly Grenfell Tower fire in London, manufacturer Celotex takes PIR insulation panels off the market
PLASTICS MACHINERY GERMANY
Total sector now around EUR 11 bn / German market has an upturn / China's sales set to rise / Mexico and South Korea show strong growth
POLYMER PRICES
Polyurethane Feedstocks July 2017: MDI even higher / Slight gains for TDI / Polyols slacken / Quieter trading amid summer lull / MDI buyers still scrambling for material
POLYMER PRICES
Standard Thermoplastics Trend July 2017: Situation dictated by feedstock costs / Polyolefins price cuts / Order stops aim to put the brakes on / Styrenics rise / Building materials boosted by strong demand
POLYMER PRICES
China Standard Thermoplastics June 2017: Imported ethylene and propylene notations moved lower in Asia / Except LLDPE, polyolefins posted declines / PVC, PS and PET went up supported by raw material costs
PIE SPOT PRICE MONITOR
Polyolefin trading prices bottoming out
POLYMER PRICES
China Engineering Thermoplastics June 2017: Some of the downstream industries stepped into off-season in June / Crude oil price impacted slightly the market / Inventories of some thermoplastics decreased
POLYMER PRICES
North America June 2017: Most standard notations roll over / Majority of engineering thermoplastics stagnate / Downward pressure mounting in July
POLYMER PRICES
Russia June 2017: Prices plunge across the board / Abundant supply meets weak demand
CHINA
Supply-side economics reform encourages investment in high-end polymers / Mid- to low-end plastics capacities optimised
POM
China imposes anti-dumping duties against South Korea, Thailand and Malaysia
© 2017 by Plastics Information Europe, Bad Homburg
Date of print: 19/08/2017
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