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PIE issue 1139
NETHERLANDS
Country must address future gap in plastics waste supply and demand / Millions to be invested in chemical recycling facilities – KPMG report
YEAR-ENDER: BREXIT
British voice displeasure with exodus / Plastics firms see UK-EU trade conditions slowly improve
EU PACKAGING
Position of member states sets stage for talks on final regs / Interest groups raise concerns about PPWR
CELANESE
Changes hit distribution in Europe, Americas / Shifts likely linked to new COO Richardson
NESTE
Transformation plans for Porvoo oil refinery / Total investment estimated at EUR 2.5 bn
LYONDELLBASELL
Acquisition of 35% stake in Saudi's Natpet planned / USD 500 mn deal to boost PP business
SIBUR
Russia to raise its own funds for major Amur Gas project / Construction progress seems uncertain
YEAR-ENDER: ENERGY PRICES
Multiple factors stoke costs / Lower bills on the horizon
EUROPEAN CHEMICAL INDUSTRY
Little output growth seen for 2024 / Plastics buyers to continue struggling / Competition with US and China a challenge
YEAR-ENDER: RECYCLING
Will advanced – or chemical – recycling be the silver bullet for hard-to-recycle plastics?
UK
Government announces evaluation plan for plastic packaging tax / Levy introduced in April 2022
GERMANY
Government postpones plastics packaging tax to 2025
SINGLE-USE PLASTICS
Dubai introduces phased ban on SUP products / Regulation requires education campaigns, sale of reusable alternatives
US RECYCLING
California agency data supports state packaging waste law
POLYMER PRICES
North America December 2023: Weak 2023 ends with price reductions, rollovers / Economic slowdown continues to affect demand / Falling feedstock quotations put polymers under pressure at start of 2024
POLYMER PRICES
China standard thermoplastics December 2023: Domestic prices broadly lower / Low demand to continue / Red Sea tensions boost import costs
POLYMER PRICES
China engineering thermoplastics December 2023: Softer costs, low demand push down most prices / Exceptions are PA 6, PMMA / Spring Festival to mute demand in February
POLYMER PRICES
Standard thermoplastics trend January 2024: Rollovers dominate at start of year / Unchanged cost of C2 and C3 as guideline for quotations
POLYMER PRICES
Standard recyclate January 2024: Recyclers keep prices stable in January, thanks to processors replenishing their stocks / PET price drop seems to have stopped
POLYMER PRICES
Engineering recyclate January 2024: Downward trend loses some momentum despite ongoing weak demand / Prices expected to increasingly stabilise
POLYMER PRICES
Polyurethane feedstocks January 2024: Weak demand again pressures isocyanate prices / Polyols slightly firmer
PFAS
EPA revs regulatory engine / New rules for “inactive” chemicals / Seven substances added to TRI
PFAS
Settlements, new disputes set to claim more attention in 2024 / Some hope for Chemours / EPA, ECHA moves to be watched
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Date of print: 19/03/2024
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