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PIE issue 1022
POLYMER PRICES
Base Petrochemicals, Aromatics and Feedstocks: February / March 2019
POLYMER PRICES
Polyethylene February 2019: Complete lack of stimulus / Rollover dominates the picture / Price increases probable in March
POLYMER PRICES
Polypropylene February 2019: Producers' hikes falter / Slack demand leads to weak rollover / Increases hardly avoidable in March
POLYMER PRICES
PVC February 2019: Most contracts settled at rollovers / Production curtailments not causing any major upheavals / Call-offs normal despite the low season / Increases predicted for March
POLYMER PRICES
Styrenics February 2019: Prices bottom out / Slight increases for polystyrene / Processors stock up inventories / Players expect bull market to begin in March
POLYMER PRICES
PET February 2019: Weak rollover predominates / Demand still very subdued / Notations expected to pick up in March as PX firms
POLYMER PRICES
Engineering Thermoplastics February 2019: Depression in car industry hits hard / Prices fall in many places / Only quarterly agreements continue to stabilise / Automotive expected to remain weak / Further price erosion likely in March
INEOS
VAM plant to be built at Hull / Over EUR 1.1 bn spending package for UK
INVISTA
PA 6.6 expansion in Shanghai sees start of construction delayed / ADN capacity increased
KEM ONE
PVC producer to receive EUR 50m loan from EU / Aim to safeguard supply of raw materials and develop new products
BASF
EBIT hit by effects of low water on the river Rhine / Sales rise only marginally over 2018 as a whole
EVONIK
EUR 3 bn sale of methacrylates business with "Plexiglas" to Advent International / Plastics division records modest earnings growth in 2018
CHLORINE
European production declines / Capacity falls following ban on mercury process
PKN ORLEN
New line for C3 production to go onstream in April
SAUDI ARAMCO
Agreements for two refinery JVs in China with downstream plastics
PET RECYCLING GERMANY
Over 97% of single-use beverage bottles are recycled / EU's planned target rates exceeded / Few waste PET bottles were sent to China before import ban / Study by GVM and IK
POLIGAL
Spanish films manufacturer closes down main factory
RPC
Takeover of German thermoformer Neluplast
DALY PLASTICS
Lindner shredders installed at Dutch plastics recovery site / Agricultural film converted into PE recyclate
RKW
German films maker expands US production in Kentucky
TORAY PLASTICS AMERICA
New production line for OPP film in US / Start-up slated for 2020
TURKEY
Government implements fee for plastic carrier bags / Pagev calls for amendments in line with EU legislation / Economic repercussions for plastics sector
MALAYSIA
Numerous illegal plastics recycling plants surface / Shutdowns and fines / Environment minister Bee Yin Yeo leads plastics waste initiatives
UNITED KINGDOM
Government spells out plans for reforming waste system / Consultation outlines proposal for plastic packaging tax / BPF gives cautious welcome
PACKAGING RECYCLING AUSTRIA
Plastic carrier bags banned as of 2020 / ARA calls for a "Plastics Roadmap 2030" / "Plastics Summit" in Vienna
INJECTION MOULDING
European sector lifted by growing polymer demand and prices / Ongoing market consolidation / New investments in Eastern European sites / AMI report
© 2019 by Plastics Information Europe, Bad Homburg
Date of print: 20/04/2019
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