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PIE issue 1014
POLYMER PRICES
Base Petrochemicals, Aromatics and Feedstocks: October / November 2018
POLYMER PRICES
Polyethylene October 2018: Market generally continues weak / Producers unable to factor in cost increase / Prices of grades affected by imports tend down / Otherwise a rollover predominates / Little change expected
POLYMER PRICES
Polypropylene October 2018: Sluggish demand curbs cost pass-through / Minor upturn for standard grades / Flat curve for compounds / Automotive weakness likely to persist
POLYMER PRICES
PVC October 2018: Rollovers predominate for standard PVC / Numerous production stoppages / Bottleneck on plasticiser market following BASF's force majeure / Lower November C2 reference contract takes upward pressure off the market
POLYMER PRICES
Styrenics October 2018: Prices follow declining SM reference / Discounts on PS slightly below cost reduction / ABS under pressure from weak automotive performance and imports / Further decreases expected
POLYMER PRICES
PET October 2018: High prices capped / PX hike unable to prevent prices from slipping / Downturn in Asia and imports on the increase / Further tendency to weaken expected
POLYMER PRICES
Engineering Thermoplastics October 2018: Automotive slump puts pressure on the market / Prices of many materials down / Only PA 6.6 climbs again / Downtrend to continue in November
PETROCHEMICAL MARKETS
Major shipping restrictions on Rhine river / Worsening PA 6.6 shortages feared / Styrene and propylene affected / BASF reports EPS shortages / Impacts on Lanxess, Celanese and Shell
BASF
Joint venture facility with Kolon Plastics commences production in South Korea / Plant in Germany to be shut down
CELANESE
POM expansion in Germany / Earnings on plastics rise in Q3
PLASTICS RECYCLING
Thailand bans waste imports from 2021 / Pilot project in Khon Kaen to cut plastic bag use / Pledge to build waste-to-energy power plant
PLASTICS RECYCLING
EU establishes "polynSPIRE" project / Four-year programme comprises 22 partners with funding of nearly EUR 10m
PLASTICS AND ENVIRONMENT
European Parliament greenlights commission's single-use plastics rules and adds more / Council will have the next word / Many stakeholders still critical
UK RECYCLING
Report from Veolia and Recoup says consumers support recycled material in plastic bottles / Most would pay more for such products
PACKAGING
UK plans to hit plastic packaging with "green" tax in 2022 / Move will not solve pollution problem without proper recycling infrastructure, says BPF
JINDAL
Indian films giant completes acquisition of Treofan's European activities
COVERIS
Packaging manufacturer reorganises into three business units / Executive team gains heads of technology and innovation
PACCOR
Zdenek Rybczuk appointed interim CEO of packaging producer / Further acquisitions for Lindsay Goldberg in the pipeline
BARBIER
French films manufacturer invests in recycling / Recyclate use to double by 2025
SIDEL
Takeover of Italian firm PET Engineering / European technology centre for beverage containers
DESCH PLANTPAK
Dutch plant pots manufacturer acquires horticultural activities from Sky-Light
UNITED CAPS
Second production site to be built in France / Extended conveyor systems at German location
LATIN AMERICA
Numerous countries and municipalities take steps to restrict single-use plastics / Bans on plastic carrier bags and straws
PLASTICS AND ENVIRONMENT
Japan races to catch up on tackling marine litter / Subsidies for biodegradables producers / New Zealand to phase out plastic carrier bags
TURKEY
PET resin production and consumption projected to increase / Bottle recycling sees high domestic demand / China's import ban could boost recyclate usage in Turkey
MANAGEMENT
Overdue payments substantially impact businesses in Eastern Europe / Late payments growing in Turkey / Bankruptcy is main reason for uncollectable receivables / Atradius report
© 2018 by Plastics Information Europe, Bad Homburg
Date of print: 18/12/2018
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