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PIE issue 1045
PLASTICS ECONOMY
PIE Readers Survey: Europe's plastics industry largely weathers the storm / One third of companies plan to invest more / Plastics-related regulations a growing concern / Majority expect backlash against plastics to impact business
PLASTIC TAX
EU council president Charles Michel reawakens topic / Funds could help plug the hole left by Brexit
PORTUGAL
Country joins global "Plastics Pact" network / Aim to recycle 70% of packaging by 2025
HUNGARY
PET bottle makers to use 50% more recyclate / State aid for reprocessing sought
ASCEND
Takeover of Italy's Poliblend and Esseti Plast GD / Gain in compounding and masterbatches
CHEMONE
Energy group plans aromatics complex in Malaysia / Major volumes of paraxylene and benzene for the Chinese market
CHINAPLAS 2020
New date for plastics trade fair in Shanghai / Coronavirus outbreak has not eased / Experts expect situation to stabilise in April
CHINA
Country's economic recovery from coronavirus epidemic not expected until mid-year / Automotive industry projects significant slump / European machinery companies are contemplating a two-year cycle for "Chinaplas"
DOW
Q4 and full-year 2019 sales plummet on lower prices / Net income plunges into red territory
POLYONE
Advanced Composites and healthcare applications cushion sales decline in Europe and Asia / Company joins UK Plastics Pact
TRINSEO
Sales dip 18% on pass-through of lower material costs / Restructuring pushes down net profit / Outlook includes negative impact from coronavirus
LYONDELLBASELL
Weak industrial demand diminishes 2019 profits / Sales decline 11% / Technology segment is a bright spot
PET MARKET EUROPE
Recycled PET set to take up over half of total PET demand by 2030 / Collection and design major obstacles to meeting targets
VIRIDOR
Unilever and Klöckner Pentaplast agree to purchase recycled plastics from UK facility
UPDATE - COOLREC
Recycling plant in the Netherlands closed / Recyclate prices impacted by virgin materials
BIFFA
UK group opens PET bottle recycling plant / Another site for plastic tubs and trays being planned
POLYMER PRICES
Standard Thermoplastics Trend February 2020: Styrenics ride on the styrene wave / Most other polymers unchanged / Business picks up only slowly / Little likelihood of much change in March
POLYMER PRICES
Standard Recyclate February 2020: Notations largely stable / Only a short breather / Further price erosion likely / Slightly higher demand generally not meeting expectations
POLYMER PRICES
Engineering Recyclate February 2020: Recycled ABS, PA and PC see a few price cuts / Weak demand slows business considerably / Coronavirus delays mould supplies from China
PIE SPOT PRICE MONITOR
Polyolefins only briefly react to rise in oil prices / HDPE firmer due to lack of imports
POLYMER PRICES
Polyurethane feedstocks February 2020: Isocyanates give way / Chinese virus epidemic pressures pure MDI sharply / Producers hike polyols / Exports to China much diminished
POLYMER PRICES
Russia January 2020: Further reductions in all segments except PVC / Slight trend towards oversupply for PE and PP / Demand short of expectations / Increases possible for PS and PVC in February
POLYMER PRICES
China Standard Thermoplastics January 2020: Most grades decline on weak demand / Lunar new year holidays extended in wake of coronavirus crisis / Impacts from epidemic to keep demand low
POLYMER PRICES
North America January 2020: Poor demand pushes down prices of most polymers / PVC producers manage to turn trend around
POLYMER PRICES
China Engineering Thermoplastics January 2020: Downtrend for most polymer prices / Short supply creates higher notations for PA 6 and PBT / Coronavirus outbreak to keep demand weak overall
ABS
Realignment of grades in PIE's price reports / Extrusion and injection moulding materials now separate / Producers from Asia targeting Europe more strongly / Surplus puts pressure on European producers' margins
© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 07/04/2020
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