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PIE issue 1141
PLASTICS ECONOMY GERMANY
“It (hopefully) can't get any worse!” / Companies look to future with cautious optimism, but real recovery not expected until 2025 – KI Dialog survey
PLASTICS PROCESSING GERMANY
Significant decline in turnover, volume last year / Only very muted expectations for 2024 / Many companies unable to pass on costs
BASF
Under pressure: Fears of human rights violations in Xinjiang / Petchem giant sells JV shares in China / Divestment initiated in final quarter of 2023
BOREALIS
Economic weakness leads to shrinking sales, profits / No news on Borouge
MERAXIS
Trading group distributes Fortum recyclates in Europe
K.D. FEDDERSEN
More PBT grades from Celanese on offer
DISTRUPOL
Distributor expands in EMEA, US
FKUR
Bio-based EVA from Braskem joins distribution portfolio
ALBIS
Distributor signs deal to market Röhm's Plexiglas, Pleximid compounds
FREIGHT COSTS
Rising concerns about surcharges due to Red Sea crisis / Importers lose price leadership
ENERGY
Steady outlook for oil prices to end of 2025, barring escalation of Middle East conflict / Weakening demand, rising non-OPEC output key drivers
EU PACKAGING
French trade group wants removal of PPWR ban on multipacks / Bundling milk, water bottles said to be an issue
GERMANY
Deposit starts for milk products in single-use plastic bottles / Green group wants to include beverage cartons
PET RECYCLING AUSTRIA
Recycled volume in 2023 almost at previous year's level
COCA-COLA
Sprite bares it all: Beverage group tests PET bottles without label in UK
PELLICONI
Italian bottle cap maker acquires plants in Canada, US
BERLIN PACKAGING
US group buys Irish packaging manufacturer Alpack
POLYMER PRICES
China standard thermoplastics January 2024: Domestic prices mixed / Demand remains muted, but improved economic outlook support quotations / Spring Festival celebrations to suppress prices in February
POLYMER PRICES
North America January 2024: Crackers, refineries come to a halt due to cold weather / Higher feedstock costs prevent decreases / Standard grades expected higher in February, engineering plastics to remain weak
POLYMER PRICES
Standard thermoplastics trend February 2024: Surprisingly high price increases for polyolefins / Triple-digit hikes also for styrenics
POLYMER PRICES
Standard recyclate February 2024: Sharp rise in virgin material prices fuels recyclate quotations / Upward trend likely to continue
POLYMER PRICES
Engineering recyclate February 2024: Some higher, some at best stable – inconsistent prices trend depending on type / All hopes rest on the spring
POLYMER PRICES
Polyurethane feedstocks February 2024: Slight upturn for isocyanate prices / Stronger markups for polyols
BISPHENOL A
New EU regulations on the horizon / Public consultation in progress / “Health risk across all age groups”
POLYURETHANE INDUSTRY
European Parliament confirms diisocyanate limits / Guidelines for lead also tightened
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Date of print: 19/03/2024
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