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PIE issue 1052
PLASTICS ECONOMY
Covid-19 impacts on the European plastics industry / Concerns for business performance change during crisis / Image of plastics appearing less negative / PIE flash survey
TURKEY
Pagev asks for plastics industry incentives due to Covid-19 impacts / Downturn in construction, automotive and white goods sectors / Medical supply production ramps up
USA
Industry urges USD 1 bn in aid for recycling in pandemic / Plastics groups lead initiative
POLYMER PRICES
Base petrochemicals, aromatics and feedstocks: May/June 2020
POLYMER PRICES
Polyethylene May 2020: Situation gradually returning to normal / Unscheduled outages impact supply / Demand presents a mixed picture / Price rises expected in June after ethylene increase
POLYMER PRICES
Polypropylene May 2020: Notations continue downward / Automotive demand still weak / Change of direction in June
POLYMER PRICES
PVC May 2020: Notations still under pressure / Cost reductions mostly passed on in full / Prices likely to turn upwards again in June
POLYMER PRICES
Styrenics May 2020: Prices bottoming out / Speculation on a trend reversal stimulates demand / Demand remains marked by Covid-19 crisis / Higher notations in June
POLYMER PRICES
PET May 2020: Notations continue to fall / Reductions smaller than the drop in feedstock prices / Demand below expectations / Uncertainty remains as the pandemic lingers
BOREALIS
Plans for Kazakhstan cracker complex dropped / Pandemic clouds horizon
PLASTIC ENERGY
Study to build chemical recycling plant / Co-location with Viridor facility
POLYMER PRICES
Engineering thermoplastics May 2020: Significant price cuts with only a few exceptions / Demand from auto production still poor / Producers' output control begins to have effect
PLASTICS RECYCLING
Recyclers under pressure on three sides – plunging sales, shortage of base material and low virgin material prices / Production lines shut down till July / Fear of irreparable damage
PLASTICS RECYCLING
PRE raises concerns about damage to recycling market / Covid-19 pushes recyclers to close production on lack of demand and cheaper virgin materials
ML POLYOLEFINS
Product range to include new post-consumer recycled resins / “Grayfin PPH30” rPP resin now available
APK
Collaboration with Siegwerk on de-inking colour-printed packaging for recycling
SCHUR FLEXIBLES
Recyclable PP flow pack for minced meat / Tray alternative uses 60% less plastic
AUTOMOTIVE INDUSTRY
Supply chains remain unreliable / Volatile demand affecting production more than usual / Suppliers expect at least 20-30% lower sales for the year / Losses inevitable
MEDICAL DEVICES
German manufacturers lament disrupted supply chains during Covid-19 pandemic / Free trade more important than ever / Carmakers' support could worsen component bottleneck
CORONAVIRUS
Companies should act now to shock-proof their supply chains / McKinsey report
GLOBAL TRADE
Covid-19 lockdowns could wipe out USD 2.4 tn of trade volume / Recovery expected in H2 2020 and 2021 / Rise in protectionism a concern / Euler Hermes report
© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 10/07/2020
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