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PIE issue 1097
RUSSIA
Attack on Ukraine has consequences for European polymer trade flows / Shortage of Russian material makes itself felt in Eastern Europe / Moscow plans polymer price regulation / Flagship projects on hold?
EUROPEAN ECONOMY
Eurozone inflation surges to record high / War drives energy prices / Little relief expected
RUSSIA
EU sanctions hit German plastics industry to a varying extent / Trade associations warn of gas embargo / Banks affected by Swift exclusion / German federal office publishes list of sanctions for polymers
GLOBAL TRADE
Geopolitical events hurt trade flows / Economic growth to slow / Chinese Covid-19 outbreaks hamper logistics / Euler Hermes reports
ENERGY COSTS
Index for energy commodities rises by 37%: HWWI economics institute / US government releases some of its strategic oil reserves / Relief on gas market due to milder temperatures?
LOGISTICS
Congestion mounts at China's ports / Container shortage in Russia / Freight prices adrift in Easter lull
MOL
Acquisition of Hungary's leading plastics recycler / Deal raises MOL's total recycling capacity to 40,000 t/y
NESTE
Refiner considers expanding pretreatment, upgrading of liquified waste plastics / Investment decision due in 2023
PURECYCLE
Second large PP reclaim facility in Augusta, USA / Completion expected in 2023
DOW
Investment in Swiss chemical recycling technology start-up
SAUDI ARAMCO
Deepening footprint in China / Participation in liquids-to-chemicals complex / MoU with Sinopec on downstream cooperation
CHEMICAL INDUSTRY
Cefic unveils plans to improve REACH dossiers / Goal is more transparency
PLASTICS AND ENVIRONMENT
Microplastics found in human blood for the first time / Traces of five major polymers / Dutch study
SINGLE-USE PLASTICS
75% of the world wants SUP ban / Nearly 90% ready for global treaty to cut plastics waste / Ipsos survey
PLASTIC PACKAGING NETHERLANDS
Ban on disposable plastic cups, to-go food packaging
PLASTIC PACKAGING GERMANY
Draft law calls for processors to pay for disposal of throwaway products / Packaging group claims proposal flouts EU regs
POLAND
Deposit-return system for bottles from 2023 / Entrepreneurs to decide on deposit amount
SINGLE-USE PLASTICS
Abu Dhabi plans to ban SUP bags in June / Phase-out of styrofoam containers planned for 2024
POLYMER PRICES
Standard thermoplastics trend April 2022: Rises in monomer contracts dictate polymer increases / Shortages provide additional price boost to styrenics, PVC, PE pipe material / Little movement expected before end of the month
POLYMER PRICES
Standard recyclate April 2022: Material bottlenecks, high virgin material prices drive up recyclate prices / Quantities are often only sufficient for regular customers / Further inflation in May as demand grows
POLYMER PRICES
Engineering recyclate April 2022: Prices trend generally up in line with virgin material / Shortage of base material reaches new high / May expected to see further small increases
PIE SPOT PRICE MONITOR
War in Ukraine continues to drive up prices
POLYMER PRICES
Polyurethane feedstocks April 2022: Uncertainty, massive markups dominate situation / Some absurd price demands blamed on rising energy costs / Supply of MDI could be smoother
POLYMER PRICES
North America March 2022: Growing production costs raise prices / Tensions high / War, logistics and manufacturing issues set to fuel April hikes
POLYMER PRICES
China standard thermoplastics March 2022: Hikes for most grades / Weak downstream demand due to Beijing's anti-Covid policy / Fluctuations in crude oil prices determinate the market
POLYMER PRICES
China engineering thermoplastics March 2022: Rising feedstock costs push prices broadly higher / Only PA softer / Demand muted as a result of Covid-19 outbreaks / April seen mostly softer
RESEARCH
Scientists turn PMMA back into monomer
NEW MATERIALS
ā€œ2Dā€ polymer from MIT forms sheets / Material stronger than steel / Properties suited to coatings, composites
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 19/05/2022
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