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PIE issue 1107
ENERGY
The worst is yet to come: French, German plastic packaging groups warn of impact from soaring prices / Survival at risk for 60% of UK manufacturers
ENERGY
New UK Prime Minister offers support for energy costs / Move to help households, businesses
RECYCLING EUROPE
Money tight as orders dissipate / Companies shutter plants / Pressure from waste side
EUROPEAN PROCESSING
EuPC says rising prices could stop production / Supply of packaged goods at risk / Convertors need help now, MD warns
LOGISTICS
Increasing consolidation of global transport groups / Rhine water levels rise / Container freight rates decline
BASF
First electric steam cracker to be connected to grid in 2023 / Demonstration plant with partners Sabic, Linde / German government grants of almost EUR 15 mn
SINOPEC
Net profit jumps in H1 / Discounted Russian crude bolsters operations / Ethylene output to increase / Contractor pulls out of Amur facility
SK CHEMICALS
Chemical recycling: MoU with China's Shuye for JV on building depolymerisation plant / rBHET and rPET in Shantou
QUANTAFUEL
Large-scale chemical recycling plant in cooperation with BASF, Dubal Holding / Ambitious expansion targets
TECHNIP / AGILYX
Launch of chemically recycled styrene brand / Pilot testing a success / Monomer purity high, partners say
PACKAGING MARKET RUSSIA
Huhtamaki divests its business in the country / Western competitors already sold their entities / Domestic packaging segment battles supply disruptions
PACKAGING
Introduction of EU EPR legislation will have major impact / Financial burden to fall disproportionately on plastics
TRIOWORLD
Second stretch film acquisition in UK
UPDATE - AMCOR
Czech flexible packaging plant bought from Russia's Danaflex
WALKI
Finnish packaging maker continues shopping spree / Local firms Flexipack, Westpak acquired
ANTALIS
Acquisition of Spanish label and film manufacturer Cohal
GREINER
Purchase of Serbian recycler creates in-house reclaim unit / Investment in Austrian mattress start-up
POLYMER PRICES
Standard thermoplastics trend September 2022: Polyolefin prices fall even further / Styrenics plunge again / Demand continues weak despite end of holiday season / Heated discussions over energy cost surcharges
POLYMER PRICES
Standard recyclate September 2022: All prices now declining / High energy costs not transferred / First recyclers react with plant shutdowns / Further discounts likely
POLYMER PRICES
Engineering recyclate September 2022: More tough negotiations likely in October / Demand still poor to non-existent / Base material increasingly rare, expensive / Threats of plant shutdowns
PIE SPOT PRICE MONITOR
Quotations again down sharply / Economic concerns pressure demand
POLYMER PRICES
Polyurethane feedstocks September 2022: Catastrophic month for flexible foam / TDI supply heavily thinned / Demand remains weak / Widely firmer price trends in October
POLYMER PRICES
North America August 2022: Polymer prices plummet / Trend turnaround for PS, PA 6 / Falling feedstock costs, weak market base to push prices lower
POLYMER PRICES
China standard thermoplastics August 2022: Prices broadly lower except for PET / Overall demand is low as temperatures soar / Government releases stimulus policies / Mixed outlook for September
POLYMER PRICES
China engineering thermoplastics August 2022: Prices largely lower / Demand worse than expected / Feedstock price drop / Power Shortages / September seen mixed
PLASTICS AND ENVIRONMENT
Plastics can have smaller carbon footprint than alternatives / Emissions profile key for environmental considerations / McKinsey analysis
© 2022 by Plastics Information Europe, Bad Homburg
Date of print: 04/12/2022
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