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PIE issue 1095
COMMODITY MARKETS
Tough to gauge impact of embargo on Russian oil, natural gas / EU distribution issues could emerge / Russia source of 14% of German naphtha imports
NEWS FROM KI GROUP
Suspension of business relations with companies in Russia, Belarus
AUTOMOTIVE INDUSTRY
European automakers, suppliers brace for further production slowdowns as war in Ukraine rages / Vehicle sales expected to suffer
INTERNATIONAL TRADE
Attack on Ukraine slows global trade / Sanctions start to take effect / Trade war to hit Russia more than Western economies / Kiel Institute research
LOGISTICS
Resurgent coronavirus in China cuts port clearing to minimum / Air freight rates surge / Diesel prices push forwarders into the red
HEXPOL
Swedish compounder snaps up majority holding in German rival
EXXONMOBIL
The Compound Company acquires Exxelor polymers from Esso Deutschland
REPSOL
Spanish group to build Moroccan PP compounding plant for car industry with Ravago
GEBA
Compounder closes Austrian plant / Production relocated to Germany, Spain
AKRO-PLASTIC
Feddersen Group unit sells majority stake in Chinese subsidiary / Changzhou site to serve as JV with Fujian Highsun Engineering Plastics
SOLVAY
Company plans split into two units / Specialities to form new core / Divestment of standard chemicals seems likely
POLYSTYRENELOOP
European EPS recycling initiative announces bankruptcy / Soaring energy costs bury scheme
OMV
Talks with Alba on construction of German sorting plant / Engagement in Russia under review
BASF
Collaboration with Neveon on circular PU foam / Mattress recycling in Germany / Belgian start-up Triple Helix plans factory in Antwerp
PET RECYCLING
Several factors limit circularity / Need for higher collection rates, shift to clear bottles / Eunomia report
ALPLA
Takeover of German recycler, control of German JV
INDORAMA
Thai giant acquires major stake in Czech PET recycler
APK
Collaboration with Israel's Modiplast / Distribution of Mersalen PA, Mersamid LDPE
POLYMER PRICES
Standard thermoplastics trend March 2022: Chaos from exploding energy prices / Triple-digit hikes for polyolefins likely only first step / PS producers also planning massive hikes / Stockpiling prevalent among converters
POLYMER PRICES
Standard recyclate March 2022: Market uneasy / Growing demand meets spreading scarcity / Prices set to rise in April / Panic regarding rPET
POLYMER PRICES
Engineering recyclate March 2022: Car industry awakes, threatens to consume available material / PC, POM with biggest shortages / Traders stockpile, hope for price hikes
PIE SPOT PRICE MONITOR
Prices rise substantially following Russia's attack on Ukraine / Hardly any additional spot volumes available
POLYMER PRICES
Polyurethane feedstocks March 2022: Energy surcharges for isocyanates noticeable since middle of the month / Polyols almost unchanged / Uneven demand by region and industry / Sharp price increases in April
POLYMER PRICES
North America February 2022: Prices in all segments roll over or rise / Situation dominated by logistical problems, shortages of additives and the war / Wide-ranging hikes expected in March
POLYMER PRICES
China standard thermoplastics February 2022: Prices up for most plastics as crude rises / Downstream demand recovers after Chinese New Year / Peak season likely to start end of March
POLYMER PRICES
China engineering thermoplastics February 2022: Prices sideways to down as low demand continues after holidays / Prices set to trend lower
BIOPLASTICS
Tech developments needed to improve cellulose-based PLA economics / Higher fixed costs overshadow corn-based PLA / HWWI study
PLASTICS WASTE
UN to develop global rules for plastics pollution / First draft expected in 2024
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 18/05/2022
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