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PIE issue 1118
UPDATE - POLYMER PRICES
Base petrochemicals, aromatics and feedstocks February/March 2023
POLYMER PRICES
Polyethylene February 2023: Industry still in vale of tears / Production cutbacks follow weak demand / Will the upswing finally start in March?
POLYMER PRICES
Polypropylene February 2023: C3 rise boost prices / Soft demand reduces size of hikes / Slight increases likely in March
POLYMER PRICES
PVC February 2023: Prices move slightly upward for the first time in months / Demand picks up a little but is still restrained / Slight price movements expected in March
POLYMER PRICES
Styrenics February 2023: Prices in weak rollover / Demand still subdued, supply more than sufficient / March's triple-digit drop in styrene reference to pressure prices
POLYMER PRICES
PET February 2023: Clear drop in belated PX December reference causes prices to tumble again / Mood turns positive in the course of the month / Good start to season indicated for March
POLYMER PRICES
Engineering thermoplastics February 2023: Market uproar / Aggressive pricing from Asia pressures European producers / Converters in price vice
BASF
Management swings the axe / Production of TDI, caprolactam to end at HQ site / Plans to reduce adipic acid output / Company forecasts weak H1
TRINSEO
Q4 core profit in nearly all segments plunges on weak demand, China Covid-19 impact, global uncertainties / Q4 group sales shrink by a quarter
KARPATNAFTOKHIM
Shutdown at Ukraine resin maker continues one year after Russian invasion / Management sues Moscow for damages / Officials warn of ecological disaster
BRASKEM
Cooperation with Finland's Coolbrook to assess electric olefin cracker technology / Pilot project planned
QUANTAFUEL
Local approval to build UK chemical recycling plant / Completion expected in 2025
TITANIUM DIOXIDE
Manufacturers suffer massive sales slump / Venator considers plant closures in Germany, Italy
LOGISTICS
Nothing ventured, nothing gained: when will financial privileges for shipping giants be removed? / World trade at subdued level
PET RECYCLING FRANCE
Loop Industries plans second French plant to chemically reclaim PET / Cooperation with Suez and SK / Huge market potential
SGT
French PET preform producer sells company stakes / Recyclate production increased / Expansion of international business
ZEUS PACKAGING
Irish packaging specialist buys 11th business in four years
EPS RECYCLING
Collaboration aims to increase EPS/XPS recycling in France / Pilot project for sorting and processing EPS packaging waste in Germany
GERMAN PACKAGING MARKET
Trade group survey sees end of downward sales trend / Earnings projections remain negative
SINGLE-USE PLASTICS
LYB, Braskem respond to report on top producers of resins for single use / Indorama stays mum despite “positive outlier” rating / Most major firms decline comment
SINGLE-USE PLASTICS
SUP waste rises 6 mn t in two years / ExxonMobil, Sinopec, Dow lead production, Minderoo Foundation says / Group wants “polymer premium” levy for resins made of fossil materials
PLASTICS AND HEALTH
ECHA takes aim at “forever chemicals” PFAS / Some 10,000 substances under review / Bans or restrictions could affect imports to Europe
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Date of print: 30/03/2023
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