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PIE issue 1063
SPAIN
Covid-19 crisis hits economy / Q3 GDP down year-on-year / Weakness follows pressure on sales by plastics processing sector in 2019 / Volume decline for machinery imports
CHINA
Details of five-year plan show nationwide measures for cutting plastics consumption / Gradual SUP bans planned / Degradable plastics demand expected to increase significantly
CIRCULAR ECONOMY AUSTRIA
Confidence declining in circular transformation / ARA barometer reveals less commitment among smaller companies / Coca-Cola launches recycling incentives for consumers
BRENNTAG
Chemicals distributor implements tough austerity measures / 1,300 jobs to be cut / 100 locations facing closures
EVONIK
New PA 12 complex progressing well / First plant at commissioning stage
NESTE
Renewable feedstock deal with LG Chem / PO, PC and PVC on the agenda
REPSOL
Technology licence secured for UHMWPE plant / Investment decision in 2022 / Collaboration with Armando Alvarez for flexible packaging with recycled content
LDPE
Indian dumping probe into imports from US and Asia could impact Europe
PA 6.6
China reviews anti-dumping duty on US PA 6.6 chips
BOREALIS
Q3 net profit rises versus Q2 but shrinks year-on-year due to coronavirus / Polyolefins sales volumes increase
DOW
US chemical group reports small loss in Q3 / Cost-cutting fails to compensate for margin losses
CELANESE
Q3 revenues down 11% year-on-year / Engineered materials unit returns to profit / Sales in automotive segment soar more than 80%
LYONDELLBASELL
Impact of coronavirus on refinery products lowers Q3 net income / Higher polymer demand from automotive and durables boosts quarterly sales growth
COVESTRO
Demand rebound boosts Q3 results / Quarterly profit picks up again
EXCELRISE
Merger of subsidiaries into single entity / Expansion of recycling capacity planned at five French sites
JOKEY
New plant replaces existing packaging production in Spain / Capacity doubled
BURGER KING
Fast food chain tests reusable plastic packaging / TerraCycle recycling initiative expands
ALPLA
Plastic packaging manufacturer offers carbon-neutral recycled PET
SÜDPACK
Chemical recycling collaboration with Recenso / Production of plastics for food and medical packaging
FAERCH
Sirap purchase boosts European footprint / Operations added in Italy, Poland and Spain
RESILUX
Belgian preform manufacturer announces cooperation with German RCS / Partnership to close cycle for PET bottles
PLASTICS RECYCLING UK
Certification system extended to cover all packaging types
POLYMER PRICES
Russia October 2020: Some LDPE and HDPE materials show significant reductions / Global PVC supply bottlenecks lift prices / Trends expected to continue in November
POLYMER PRICES
China standard thermoplastics October 2020: Price increases for most types / Fluctuations in LDPE, PP, PET / Notations seen lower in November
POLYMER PRICES
North America October 2020: Prices ease except for PVC and ABS / Production recovers from hurricane damage / Widespread inventory-building / Little fresh stimulus expected in November
POLYMER PRICES
China engineering thermoplastics October 2020: Prices broadly higher as demand picks up / Home appliance sector at 10-year high / Supply low to normal / Mixed picture for November
POLYMER PRICES
Standard thermoplastics trend November 2020: Polyolefins see widespread rollover / Significant increases for styrenics and PVC / Availability frequently limited, PVC tight / Market expected to remain largely stable
POLYMER PRICES
Standard recyclate November 2020: Prices trending horizontally / Only rPET continues downward trend / Increased demand for rPE and rPP / No major movements expected for rest of year
POLYMER PRICES
Engineering recyclate November 2020: Prices of reinforced types rise due to bottleneck with short glass fibres / Automotive demand much livelier / Across-the-board increases for secondary material unlikely before January
SPOT PRICE MONITOR
Lack of imports drives up prices for film grades
POLYMER PRICES
Polyurethane feedstocks November 2020: Isocyanates still rising / Polyols follow / Demand exceeds supply / No relief before mid-December
BOPP FILMS
Biaxial films growing steadily worldwide / PP remains clear leader despite upturn in PET / Plant technology sector highly concentrated / Overcapacities dominate picture
© 2021 by Plastics Information Europe, Bad Homburg
Date of print: 26/01/2021
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