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PIE issue 1016
POLYMER PRICES
Base Petrochemicals, Aromatics and Feedstocks: November / December 2018
POLYMER PRICES
Polyethylene November 2018: Falling ethylene reference sets trend / Most notations show moderate decline / Following ethylene crash, December should see substantial price cuts
POLYMER PRICES
Polypropylene November 2018: Production outages trigger rollover / C3 fall factored in for homo injection moulding / Prices will sink noticeably in December
POLYMER PRICES
PVC November 2018: Prices roll over or slightly fall / C2 reduction cannot be factored in across the market / Availability still limited / Large cut in the ethylene reference for December leads to expectations of price cuts
POLYMER PRICES
Styrenics November 2018: Large discounts after SM reference nosedives / Cost reduction only partly transferred for PS and EPS / Occasional bottlenecks / Slump will continue in December
POLYMER PRICES
PET November 2018: Downward thrust in notations gaining pace / Asian imports flowing back onto the market / Further corrections of the exceptional highs expected in December
POLYMER PRICES
Engineering Thermoplastics November 2018: Falling automotive demand leads to price erosion / Tight supply stabilises PA 6.6, PBT and POM / Downtrend could gain momentum in December
BASF
New CEO Brudermüller presents his strategy / Organic growth / Leaner organisation / Chemical recycling project for plastics waste
HANWHA TOTAL PETROCHEMICAL
Plans to expand PP and ethylene capacity in South Korea by end-2020 / USD 500m project complements ongoing ethylene and PE expansion
LOGISTICS
Toll rates for trucks to increase in Germany from January 2019 / Low river levels add to freight transport problems
ANWIL
PVC producer considers capacity expansion in Poland
THE COMPOUND COMPANY
Compounds and resins capacity to double in the Netherlands
PLASTICS ADDITIVES
Global market forecast at nearly USD 69 bn in 2022 / Growth spurred by rising plastics demand / BCC Research report
PETROCHEMICAL MARKETS
PA 6.6: BASF lifts force majeure for compounds / Situation remains tense / French and Italian plastics processors under a lot of strain
REAGENS
Additives producer has new warehouse in Italy
KAFRIT
Israeli firm takes over US masterbatch producer Polyfil
LIFOCOLOR
Masterbatch producer builds bigger plant in France
QOLORTECH
Dutch masterbatch manufacturer expanding production and logistics capacities
CCL
Three more acquisitions for Canadian label manufacturer / Companies based in Europe and Asia
TETRA PAK
Partnership with Veolia to improve recyclability of beverage cartons in EU / PolyAl to be converted into plastic recyclate
TRIMAS
US packaging group to take over Italian closures manufacturer Plastic Srl
ECOCORTEC
New manufacturing plant for packaging films in Croatia
RIKUTEC
Production of containers for household applications moves to France and Spain
UK RECYCLING
Report recommends levy on virgin packaging to boost recyclate demand / Establishment of single producer responsibility organisation proposed / Eunomia report
PLASTIC PACKAGING GERMANY
Recycling slightly down in 2017 / New law sets higher recycling rates in the new year / Plastics target of 63% in 2022
SWITZERLAND
Plastics industry reports good figures / Shortage of skilled workers / Sales gradually approaching record level of 2014 / Proportion of optimists doubles
TURKEY
Currency crisis stifles polymer imports / Prices soar as lira falls / Markets in calmer waters since September
PETROCHEMICAL MARKETS
Fastest-growing source of oil consumption is petrochemicals / Plastics demand as key driver / Recycling could help cut carbon dioxide emissions and reduce marine litter
© 2019 by Plastics Information Europe, Bad Homburg
Date of print: 21/02/2019
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