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PIE issue 1082
POLYMER PRICES
Base petrochemicals, aromatics and feedstocks: August/September 2021
POLYMER PRICES
Polyethylene August 2021: Rapid, disparate price developments create unrest in individual segments / Imports from US still scarce / Building sector drives demand
POLYMER PRICES
Polypropylene August 2021: Downswing for standard PP defies C3 rise / As supply lengthens, high price levels are unsustainable / Further declines likely in September
POLYMER PRICES
PVC August 2021: Steep rise continues / Material bottlenecks drive up prices further / No end to soaring rates in September
POLYMER PRICES
Styrenics August 2021: SM increase leads to a slight updraught in styrenics prices / Continued scarcity of ABS and EPS / Holiday season dampens demand / Prices to decline again in September
POLYMER PRICES
PET August 2021: Gloomy weather, gloomy mood / PX cost increase factored in due to lack of other impulses / Feeble hope of revival in food and catering sector in September
POLYMER PRICES
Engineering thermoplastics August 2021: Converters hovering between hope and fear / Shortage of raw materials and crumbling supply chains lead to rising prices in many industries / Building sector up, auto sector down
UPDATE - USA
Hurricane Ida hammers infrastructure at US Gulf Coast / Numerous petchem plants without power / Forecasts say some production out for up to six weeks
RAW MATERIALS
CBI says UK stock shortages worst on record; plastics partially to blame / McDonald's halts sales of bottled drinks in UK
LOGISTICS
In the eye of the storm: Why Ida and Walmart are causing container freight rates to skyrocket
FORMOSA PLASTICS
US Gulf “Sunshine Project” delayed again / Charges of “environmental racism”
INVISTA
Shanghai expansion enters next phase / PA 6.6 capacity to more than double
DOW
Investment targets for 2021 disclosed / New MDI facility at Freeport to replace La Porte production / Capacity boost for sustainable silicone products
SYNTHOS
Additional production line for grey EPS
SUNPOR
EPS producer to add 30,000 t/y of capacity
AMCOR
EUR 35m investment for innovation centres in Belgium, China / CEO Delia expects a “strong 2022”
ALPLA
Takeover of packaging maker Wolf Plastics / Presence in Central, Southeast Europe
COMPETEK
Technology said to make PET bottles lighter, cheaper / Can work with recycled materials
BERRY GLOBAL
“Optimum” PCR container receives UN approval
PACKAGING AND ENVIRONMENT
WWF study on German circular economy sees "burning questions" / Potential savings of over 20m t virgin plastics by 2040 / Call for focus on waste avoidance
SINGLE-USE PLASTICS
NGOs find EU's phase-out measures largely insufficient / Many European countries lack necessary ambition / Seas At Risk publishes Best Practices report to support reduction efforts
PLASTICS AND TOURISM
UNEP-WTTC report: Travel industry must rethink SUP use / Call for private-public cooperation
BLOCKCHAIN TECHNOLOGY
Recycling verification scheme / Franco-British project to help manufacturers identify best recyclate material
ISRAEL
Proposal to double SUP tax / Hike could take effect in early 2022
TURKEY
Deposit-return scheme for packaging set for 2022
PHILIPPINES
Country takes first step towards banning SUPs / House of Representatives unanimously votes for gradual phase-out
UK
Old and new plans for “war on plastics” proclaimed / Ban on SUP cutlery and cups in England touted / Plastics tax still on the agenda
SLOVENIA
Country bans most SUPs / New regulation to label products, packaging / Fines for non-compliance
PLASTICS ECONOMY
Cautious optimism for companies in German-speaking Europe / Focus on supply bottlenecks and raw material prices / Expansion of supplier base and search for alternative materials
© 2021 by Plastics Information Europe, Bad Homburg
Date of print: 17/10/2021
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