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PIE issue 1009
PVC
Shift in international trade flows / US producers push towards Europe / Trade war causes collapse of US deliveries to Turkey / European market desirable due to high-price structure
WORLD TRADE
China imposes tariffs on HDPE from the US / Trade war escalates again / Many types of plastic and scrap affected
PA 6.6
French plastics processors association FEP publishes statement / Request for raw materials producers to respect contracts / Automotive and home appliances sectors especially impacted
INVISTA
Plans for ADN plant in China / Asian demand for PA 6.6. feedstock exceeds availability
SAUDI ARAMCO
"Very early-stage" talks on buy into Sabic
IKEA / NESTE
Polyolefins from bio-naphtha / Commercial-scale pilot plant to start-up in autumn
INEOS
Plans for EUR 2.7 bn cracker and PDH plant / Biggest expenditure in corporate history / Antwerp may be preferred location / UK aid sought for VAM plant
VINYLOOP
Closure of operation in Italy / Phthalates issue under REACH brings down European PVC recycling project
AMCOR
Australian group to acquire US packaging company Bemis / USD 6.8 bn merger / New Amcor to focus on consumer flexible packaging in Europe, Asia and the Americas
GREINER
Closure of sites in Austria and Germany / Over 100 employees affected
CROCS
Shoe manufacturer closes factories in Italy and Mexico / Drastic job reduction apparent
ADIDAS
Company aims to switch to 100% recycled polyester in all products by 2024 / Goal to replace virgin plastics in goods and on premises worldwide
RÖCHLING
Takeover of German processor Frank plastic / Addition to medical and industrial technology segments
HIRSCH SERVO
EPS processor generates record sales and earnings / Another plant in Ukraine
JACKON
Investment for new XPS line in Norway / Danish factory to start up in autumn
SIKA
Swiss group agrees to acquire compatriot PU foam specialist Polypag
SYNTHOS
Polish group ramps up production of XPS products / Plans for another production site possibly in Czech Republic
VIBRACOUSTIC
German company expands plant in Poland / Automotive anti-vibration components made from microcellular PU
PLASTICS RECYCLING EUROPE
New initiative calls for EU regulators to make recycled content mandates for plastics / Minimum requirements would boost recyclate markets
PLASTICS RECYCLING
European and US organisations define “recyclable” / Definition sets four conditions to be applied worldwide / Comments invited from all stakeholders
POLYMER PRICES
Russia July 2018: Upswing dominates market / PET prices in downward turnaround
POLYMER PRICES
China Standard Thermoplastics July 2018: Styrene driven upwards / Low season generally has dampening effect / Weaker Chinese yuan affects import prices / Market could pick up in August
POLYMER PRICES
North America July 2018: Calm returns to notations / Cost development largely stable / Trade war dampens consumers' mood / August likely to be largely flat month
POLYMER PRICES
China Engineering Thermoplastics July 2018: Low season sees mostly weak demand / PA 6.6 shoots upward with HMD being more expensive / Substantial price decrease for PC / Mixed bag with PMMA, ABS, PA 6, POM and PBT
POLYMER PRICES
Standard Thermoplastics Trend August 2018: Little market activity in the hot holiday month / Most notations roll over / Price hikes only in styrene chain
POLYMER PRICES
Standard Recyclate August 2018: Almost all prices stagnate at previous month's level / Holiday period paralyses demand / Regular demand only for rPET / Upward potential for rHDPE and rPP
PIE SPOT PRICE MONITOR
Spot markets shaped by holiday period
POLYMER PRICES
Engineering Recyclate August 2018: General uptrend loses momentum / Some notations slightly up, others take a breather / Holiday season puts damper on demand
PLASTICS ECONOMY
Boom starts to weaken in German-speaking Europe / H2 2018 outlook more subdued / US trade tariffs still loom / Teething problems for EU circular economy / “KI Dialog” survey
© 2018 by Plastics Information Europe, Bad Homburg
Date of print: 22/10/2018
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