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PIE issue 1055
PLASTICS PROCESSING GERMANY
Well equipped for second Covid-19 wave / Advantages of global and local supply chains / Companies focus on liquidity
AUTOMOTIVE INDUSTRY
Associations call on EU commission for bold post-crisis recovery plan / Suppliers face falling revenues and rising debt across Europe due to Covid-19
ETHYLENE
EU commission fines Celanese, Clariant and Orbia / Companies implicated in illegal C2 purchasing scheme
HALDIA PETROCHEMICALS
Joint purchase with Rhône of Lummus Technology for EUR 2.4 bn
UPDATE - BASF
Agreement with ThyssenKrupp Industrial Solutions on development of PDH technology
DONGYING UNITED PETROCHEMICAL
BP's PTA technology licensed to Chinese group / New 2.5m t/y plant to start in 2022
BRASKEM
New PP export hub to be located in South Carolina
GERMANY
Government bans single-use plastic items / Environmental organisation calls for expansion of reuse systems
SPAIN
Plastic packaging tax to buffer heavy coronavirus spending
PLASTICS AND HEALTH
European Parliament committee outlines proposals for sustainability / Inspectors to check products for hazardous substances under REACH / Goals for “Green Deal”
ECHA
Three new plastics-related chemicals added to EU's SVHC list
UPDATE - FAKUMA
Plastics trade fair can take place / Coronavirus regulations for events in Baden-Württemberg in effect / Several prominent companies minimising attendance
TRADE FAIRS
Italy's “Ipack-Ima” moved to 2022 / “Plast” to take place next year as planned
AUTOMOTIVE TRADE FAIRS
“Geneva International Motor Show” 2021 also cancelled / Strong commitments for “IAA” in Munich
POLYMER PRICES
Russia June 2020: Notations rise moderately for PE, PP and PVC / PET grades at record low due to continued restrictions / Price increases for PVC expected in July
POLYMER PRICES
China standard thermoplastics June 2020: Notations head upwards for all grades / PVC skyrockets / Demand recovering but supply generally short / Higher crude oil prices / July to see supply improve
POLYMER PRICES
North America June 2020: Export business props up PP prices / PP and PVC bottom out / Engineering plastics tread water / Higher feedstock prices / Uncertainty in July in view of infection developments
POLYMER PRICES
China engineering thermoplastics June 2020: Domestic prices move sideways or upwards / Recovery of demand continues / PA 6.6, PMMA and PBT notations could decline in July
POLYMER PRICES
Standard thermoplastics trend July 2020: Notations rising / Price hikes often exceed feedstock cost increases / Demand restrained as a result / Imports boost supply
POLYMER PRICES
Standard recyclate July 2020: Prices stabilise further / Decreases only with rPET and rHDPE blow moulding grades / Demand improves slightly / Holiday season to dampen demand in August
POLYMER PRICES
Engineering recyclate July 2020: Further price cuts with polyamide 6 and polyamide 6.6 GF / Notations otherwise stable / Demand continues weak / Regrinders to aim for small price hikes in August
PIE SPOT PRICE MONITOR
Upward trend continues with balanced market / Holiday season has curbing effect on demand
POLYMER PRICES
Composites/GRP June 2020: Resins lose some ground and may bottom out in July / Market quieter / Most glass fibre products unchanged
PLASTICS RECYCLING EUROPE
Rising demand for flexible films could boost recycling / Inadequate collection and recycling capacities are major obstacles / PRE report
RECYCLING
Global consumption of plastics recyclate tops 35m t last year / AMI report
© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 20/09/2020
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