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PIE issue 1036
POLYMER PRICES
Base Petrochemicals, Aromatics and Feedstocks: September/October 2019
POLYMER PRICES
Polyethylene September 2019: Most producers pass on cost reduction / Sales stimulated by bonus prospects and bottoming out of prices / Weak demand in October expected to dampen stabilisation as costs rise
POLYMER PRICES
Polypropylene September 2019: Producers succeed in partially retaining cost reduction / Supply shortage begins to affect prices / Slight consolidation expected in October
POLYMER PRICES
PVC September 2019: Pro-rata cost reduction rapidly agreed / Production curtailments have no major consequences / Seasonal revival of demand turns out weak / Rises in October
POLYMER PRICES
Styrenics September 2019: Prices continue to rise / Premiums mostly below the cost increase / Weak demand for polystyrene and ABS / No or only slight price movements in October
POLYMER PRICES
PET September 2019: Autumnal depression affects markets / Notations continue to slip / Picture is one of oversupply / No mood-lifting momentum in sight for October
POLYMER PRICES
Engineering Thermoplastics September 2019: Most producers keep prices stable at end of Q3 / Only PA 6.6 sees minor reductions / October is start of a new quarter and new game / Buyers will insist on price cuts
MOL
Foundation stone laid for EUR 1.2 bn polyol complex in Hungary / Start-up expected in 2021
LYONDELLBASELL
Expansion of polypropylene compounding in Germany / World's largest PP compounding site
EXXONMOBIL
Two-year project to upgrade Fife ethylene plant / Plans include reducing the impact of flaring
LANXESS
Polyamide and PBT compounding plant starts up in China
DOW
Partnership with UPM Biofuels to produce bio-based PE / Plans to scale production at Terneuzen plant
QUADPACK
Spanish company takes over Germany's Louvrette / Expansion of cosmetic packaging capacity
CONSTANTIA FLEXIBLES
Acquisition of Russian packaging manufacturer TT-print completed
TIPA
Israel's compostable packaging producer raises USD 25m
FRANCE
Associations launch project for better recyclability of flexible packaging films / Pilot lines at Barbier and Machaon
BEMIS / NELIPAK
UK competition authority reviews Kohlberg's merger of three plants with subsidiary
WALKI
Finnish group to take over Mondi Belcoat / Specialised engineered materials
BEWISYNBRA
Agreement to buy majority stake in Denmark's Eurec / Aim to boost EPS recycling
BIESTERFELD
Acquisition of Norway's Lindberg & Lund / Nordic presence and performance products portfolio boosted
TORAY
Japanese group acquires Swedish automotive airbag cushion producer Alva
LEGO
H1 revenue and consumer sales rise / Business in China sees double-digit growth
MANAGEMENT
High payment risks in the Nordic region / Liquidity shortage risk in construction and retail industries / Atradius report
ELECTROLUX
Almost 1,700 jobs to be cut worldwide in efficiency drive / Major changes to production in Hungary
USA
Ambitious legislation focuses on plastics issues / Recycling front and centre / Bans on some single-trip products foreseen / Plastics industry voices support
PLASTIC FILMS UK
Bpi protec studies consumer understanding / Poll highlights need for improvements in labelling, education and infrastructure
PLASTICS RECYCLING EUROPE
Over 100 partners sign "Circular Plastics Alliance" declaration / EU-wide voluntary targets for raising recyclate usage / EuPC, Cefic and FEAD among signatories
PLASTICS AND ENVIRONMENT
Collaboration in Vietnam to boost recycling efforts / Japan's Suntory sets targets for more sustainable PET packaging
AUTOMOTIVE INDUSTRY
Winds of change / Alternative mobility concepts compete with petrolheads at "IAA" / Suppliers more realistic than their big customers / Industry's "new beginning" mantra torn apart by double standards
© 2019 by Plastics Information Europe, Bad Homburg
Date of print: 13/12/2019
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