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PIE issue 1110
UPDATE - POLYMER PRICES
Base petrochemicals, aromatics and feedstocks October/November 2022: Holidays cause delay in several contracts
UPDATE - POLYMER PRICES
Polyethylene October 2022: Planned price hikes end in slight declines / Cheap imports unable to cover production cutbacks / Rise in C2 fails to transfer
POLYMER PRICES
Polypropylene October 2022: Widespread production cuts and price rebates in line with C3 movement / Demand still limping along / Can imports prevent a material shortage in November?
POLYMER PRICES
PVC October 2022: Downward trend of previous months continuing / Price level still high / Declining demand from end markets / Uncertainty among converters
POLYMER PRICES
Styrenics October 2022: Prices continue downward trend / Oversupply amidst weak demand / Inflation and recession worries put a damper on buying mood / Further discounts foreseeable for November
POLYMER PRICES
PET October 2022: Demand at an all-time low / Producers' warehouses bursting despite clear price concessions / Even the lowest-price imports have no takers / Misery set to continue
POLYMER PRICES
Engineering thermoplastics October 2022: Prices trend further down / Weak demand and increasing pressure from Asian imports / Greater price stability likely in November due to production cutbacks
EUROPEAN PROCESSORS
Energy surcharges from resin makers said to endanger shops / Return of fees “regrettable” / Polymer suppliers complain about effects of price pressures
PLASTICS INDUSTRY
K 2022: European resin makers hold global market share after steep decline / Current situation “very fluid”
EUROPEAN ECONOMY
Stagflation continues / Recession looms / Analysts warn of German slowdown
COVESTRO
Q3 profits collapse on high prices for energy, raw materials / Sales up 7.3% / Performance Materials unit hit hard
INEOS
Polyolefin giant spends millions converting Antwerp facility
ARKEMA
Larger expansion of French elastomer capacity planned
RADICI
Polyamide supplier seeks to strengthen recycling streams / Force majeure remains for intermediates, resins
TRINSEO
K 2022: Group considers closure of German PC line / Restructuring plans follow Q3 losses
GCR
Large-scale polyolefin recycling plant in Spain
BIOTREND ENERGY
Turkish recycler teams up with Honeywell to build chemical reclaim project
ORLEN
Proposed acquisition of Czech plastics recycler
ALPLA
Joint venture with PTT Global Chemical opens Thai recycling plant
NGR
K 2022: EFSA, FDA food contact approval for rPET from LSP process
US PLASTICS RECYCLING
Greenpeace calls most plastics unrecyclable / Group says 2021 US reclaim rate below 5% / US plastics association calls claims “irresponsible”
REACH
Commission delays chemicals regulation revision / Industry sees itself overburdened / EU member states and NGOs disappointed / Green deal in danger?
CHEMICAL INDUSTRY
Calculating product carbon footprint / TfS initiative publishes industry guidelines / BASF and Lanxess spotlight progress at K 2022
AUTOMOTIVE INDUSTRY
European automakers want government support for recovery, shift to zero emissions / Chip issues cost industry billions / 2022 registrations forecast 26% below 2019
AUTOMOTIVE SUPPLY
Weight reduction reigns supreme / Materials set to debut at K 2022
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 26/11/2022
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