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PIE issue 1176
TRADE WAR
US-EU trade deal invites criticism from industry / Framework agreement on energy purchases ‘completely unrealistic'
UK-US TRADE
US plastics association lauds UK agreement / Deal supports US trade surplus / EU shops at competitive disadvantage
POLYMER PRICES
Polyethylene July: Rollover predominates with few exceptions / Supply surplus plays into converters' hands / Demand remains slow; further slump not expected / Imports offset European plant cutbacks
POLYMER PRICES
Polypropylene July: Prices stagnate amid weak demand / Minor downward adjustments expected for August
POLYMER PRICES
PVC July: Price stability at start of holidays / Little change with supply and demand / Smaller decline likely in August
POLYMER PRICES
Styrenics July: Prices trend lower again / Ample supply, weak demand / Further decline in quotations likely in August
POLYMER PRICES
PET July: Little movement on the market / Decline and fall of the summer “season” / Producers cut back output even further / No stimulus in sight for August
UPDATE - POLYMER PRICES
Feedstocks July/August
GERMAN ECONOMY
Business climate index rises again / Upward trend seen among plastics processors
POLYMER PRICES
Engineering thermoplastics July: Abundant supply meets meagre demand across all grades / Europe dozes during summer holidays / Prices to decline further in August
AKWEL
French auto supplier caught in downward trend
AUTOLIV
Cost-cutting measures bear fruit / Automotive supplier raises sales forecast
GRAMMER
Business in the US, China slows down in Q2
OPMOBILITY
Mixed results for first half of year / More cost-cutting measures, fewer investments planned
EUROPEAN CAR MARKET
Registrations fall in June, H1 / EVs retain lead in market share / UK vehicle output plummets
BASF
Q2 profit, sales at Chemicals hit considerably / HMD plant in France now operational
DOW CHEMICAL
Hefty dividend cut after steep Q2 sales drop / Outlook sees higher Q3 earnings on cost cuts, potentially higher PE margins
VERSALIS
Italian petrochemical group posts heavy losses again / Capacity utilisation falls below 50%
COVESTRO
Plastics group stays in the red / Economic conditions remain challenging
WASTE LEGISLATION GERMANY
“You pay for the total weight – not just the plastic content” / Why the Single-Use Plastics Fund Act may become a cost trap for packaging manufacturers / PIE interview with lawyer Christoph Schnoor
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Date of print: 17/09/2025
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