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PIE issue 1099
AUTOMOTIVE INDUSTRY
US, European car market contraction continues due to supply chain issues and the war / EV sales surge / Rebound later this year?
AUTOMOTIVE MARKET
Car component suppliers face major sector shifts / Light vehicle sales could remain below pre-pandemic levels until 2030 / McKinsey report outlines ways to keep up with changing industry
GLOBAL TRADE
IFW Kiel: World commerce steadies after war rattles markets / Container shipping congestion remains high
MOL
Q1 earnings drop on volatility and lower petrochemical margins / Plans for large-scale green hydrogen plant at Danube refinery / Assistance in Ukraine to maintain energy network
BRASKEM
Collaboration with Lummus on green ethylene / Support for circular economy
PERSTORP
Swedish speciality chemicals manufacturer to be acquired by Petronas / Deal priced at EUR 2.3 bn
RADICI
PA specialist buys Engineering Plastics unit from India-based Ester / Move to strengthen position in Asian market
DSM
OMV bids for polyamide ops / At least one other firm seeking to buy unit
APTAR
EUR 42 mn investment in French packaging site / Project to optimise performance, reduce environmental footprint / Launch of diagnostics device in China
COSMO FILMS
Indian converter further increases capacity for cast polypropylene films
AMCOR
More capacity for medical packaging in Ireland
DW REUSABLES
Belgian packaging maker buys Croatian processor / Expands regional presence
ALPLA
Reusable PET bottle cuts carbon emissions by 30% / rHDPE with lower carbon footprint at Spanish plants
HUHTAMAKI
Finnish packaging group to sell Russian plants / Move follows attack on Ukraine / CEO to resume duties
INDORAMA
Acquisition of Vietnamese PET converter
MCDONALD'S
Trial to test clear plastic cups sourced from sustainable materials
PLASTICS MARKETS
“If we comply with this dictated system, there will only be losers in the medium term – because with no market there is no profit” / Letter from a group of plastics processors to their own industry
CIRCULAR ECONOMY
Second report from Plastics Europe / 4.6 mn t of post-consumer recycled plastics used in 2020
PLASTICS AND ENVIRONMENT
Industry's circularity and net zero efforts fall short / Deeper collaboration and faster action critical within next five years / Systemiq report
POLYMER PRICES
Standard thermoplastics trend May 2022: Price reductions dominate the picture / Converters benefit from more storage capacity / Producers come up with special offers / Prices likely to fall further
POLYMER PRICES
Standard recyclate May 2022: Higher prices for all grades / Mostly good demand driven by weak availability of virgin material / June set to bring more cost transfers, partly with margin additions
POLYMER PRICES
Engineering recyclate May 2022: Prices for rPA 6, rPOM through the roof / Market swept clean of many types / Car sector remains weak / Processors have their backs to the wall
PIE SPOT PRICE MONITOR
Weak demand puts downward pressure on prices / Wave of energy costs apparently absorbed
POLYMER PRICES
Polyurethane feedstocks May 2022: First markdowns point to development of plateau / Robust demand from construction, Eastern European comfort industry weak / Small price moves expected in June
POLYMER PRICES
North America April 2022: Reports of significant increases except for polyolefins / Polyamides in particular are picking up / Inflation and rising interest rates are likely to put pressure on demand / Further inflation in May
POLYMER PRICES
China standard thermoplastics April 2022: Softer demand pushes prices mostly lower / Continued impact of Covid-19 outbreak / Mixed outlook for May as lockdowns expected to ease
POLYMER PRICES
China engineering thermoplastics April 2022: Decrease in prices of most types / Generally low demand / Higher MMA cost and low supply pushed PMMA / Covid-related lockdowns continue to have an impact
MARINE LITTER
Research finds plastics pollution in the Arctic region / Waste being transported by rivers, air, shipping
RESEARCH
OrangeOil project to boost bioplastics production / Calls for more companies to get involved
RESEARCH
Plastics waste treated with potassium salts used to sequester CO2: Rice University report
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 16/08/2022
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