USA: Petrochemical industry drowning in floods following hurricane near Houston / Historic catastrophe

Automotive sector drives growth / Global demand to increase by over 6% to 2025 / Europe and USA could be pressured by Asian capacity build-up / Grand View Research report

Base Petrochemicals, Aromatics and Feedstocks: August / September 2017

Polyethylene August 2017: Notations oscillate around a rollover / Pipe grades fall slightly / Considerable turbulence probable in September / Increase in reference price rendered insignificant by catastrophic storm in US

Polypropylene August 2017: Rollover dominates / Some very low prices pulled upward / Palpable price hikes likely in September / Rising costs and extreme tightness in North America

PVC August 2017: Stability predominated during this quiet holiday month / September could prove to be turbulent / Impact of catastrophe in Houston should provide a boost

Styrenics August 2017: Only minor price changes / Slight reductions on PS and ABS and slight premiums on EPS due to supply tightness / Sharp price increase on all materials in September

PET August 2017: Prices still rising / Wider spread in evidence / Tight market situation allowing margin increases for producers / September still on upward trend / Impact of US hurricane unpredictable

Global PTFE prices continue to rise / Tight supply due to plant closures in China

Impact of fire and force majeure in Marl / Earliest restart for BDO and THF production in late September

Engineering Thermoplastics August 2017: Generally quiet summer month / Stability dominates with traditional materials / Situation with PMMA becomes increasingly dramatic / Upward pressure mounts on a broad front

Debt cut brings Gazprom closer to a takeover / Polyolefins producer hopes for investment

PPS compounds production plans in Hungary / First plant in Europe

Large-scale PE plant in Mexico helps lift H1 results / Debottlenecking of PP plants in Germany

Supply bottlenecks due to railway line closure in southern Germany

Construction of plastics compounding plant in China

Expansion of compounds production in Russia / Renovated extrusion line from Italy's ICMA

Two additional compounding lines in Germany / Capacity expansion for carbon fibre-reinforced materials

PET growth to outpace major resins / Rising barrier requirements in food applications drives demand / Strong growth in pharmaceuticals market / Freedonia report

Czech plastics processor modernises plastic films production / New injection moulding machines for Ikea products

BOPP films producer aims for growth in Turkey / Partnership with sales specialist Köylü

Manufacturing plant expanded in the UK / Growing demand for PS, PET and PP food packaging

Takeover of Rowland Technologies in the US

PET bottle manufacturer builds new plant in Germany

Acquisition of remaining shares in Turkish joint venture / 100% subsidiary to be introduced at "Eurasia Packaging"

Rising number of major insolvencies / Abundant cash reserves are risk driver / 25% of companies worldwide wait 88 days or more to get paid / Euler Hermes report