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PIE issue 1039
PLASTICS INDUSTRY
Global polymers production rises to nearly 360m t in 2018 / European output nevertheless on the decline / Trade balance surplus falls / Good progress with collection and recycling of post-consumer plastics waste
RUSGASDOBYCHA
Giant PE production plant to be built on Baltic coast / Basis will be ethane from gas processing
HIP PETROHEMIJA
Minority shareholder Gazprom is purportedly pushing the pace / Serbian government will again attempt to sell the polyolefin producer at the end of 2019
MOL
Purchase of recyclate-based compounds company Aurora completed
ALBIS
UK manufacturing plant to be closed / Company shifts production to three plants in Germany
POLYRAM
Israeli compounder expands production network / First plant in Europe
AZELIS
Distribution of Lonza's lubricants in Eastern and Northern Europe / Heli Kilpala appointed digitalisation director
SNETOR
French group now distributing Westlake's polyolefins in Germany and UK
TER PLASTICS
New distribution partners in Europe / Styrenic copolymers and PC blends for Iberia and France
INEOS
Plastics group announces performance decline / Plant shutdowns impact results
COVESTRO
Q3 profits plunge as disappointing demand depressed selling prices / Forecast for 2019 confirmed but narrowed ranges / Sales down 14.6%
CLARIANT
Core profit down 48% on provision to cover EU anti-trust probe into ethylene market / Masterbatches and Pigments business declines / Bernd Högemann joins executive committee
TRINSEO
Styrenics group struggles with adverse economic environment / Net earnings plummet in Q3
LYONDELLBASELL
Q3 net profit and EBITDA down 13% / Quarter included USD 85m positive one-offs that flattered earnings
PLASTICS RECYCLING
Zero Waste Europe recommends changes to EU waste rules on chemical recycling / Plastics to fuels could undermine circular economy goals / ChemRecEurope supports all methods
RECYCLING
New guidelines for barrier polytheylene film / “RecyClass” tests show EVOH concentrations compatible for recycling
RM GROUP
Belgian waste disposal company to open regrind plant
BOREALIS
New Ecoplast PE film recycling line opens at Wildon
TOTAL
Doubling output of rPP for automotive / PS recycling in France
ANL
Increased use of rPET with recyclate from external sources / Company renamed ANL Packaging
GREENCYCLE
Acquisition of the Sky Plastic recycling company
POLYMER PRICES
Standard Thermoplastics Trend November 2019: Most producers factor in reduction in feedstock costs / Dull market means that pressure continues / Further price cuts possible by the end of the month
POLYMER PRICES
Standard Recyclate November 2019: Price erosion continues / Reductions granted across the board / Only rPET clearly rolls over / Demand remains weak / Further decreases expected before end of year
POLYMER PRICES
Engineering Recyclate November 2019: Notations unchanged with an uninspiring month / Demand picks up only slightly / Pressure from primary sector continues
PIE SPOT PRICE MONITOR
Polyolefin notations fall back in November
SHALE GAS
UK government calls new fracking moratorium / Authorities say earthquakes unpredictable / Green groups pleased / Labour smells “election stunt”
POLYMER PRICES
North America October 2019: Market weakness continues in the US / Price pressure remains
POLYMER PRICES
China Standard Thermoplastics October 2019: Feedstock prices drop / Most polymer grades decline / Anti-dumping duties on PVC imports lifted / Demand remains low
POLYMER PRICES
Russia October 2019: Prices slipping across the board / PET and PE drop significantly
POLYMER PRICES
China Engineering Thermoplastics October 2019: Demand lower than expected / Polycarbonate prices fall sharply with several plants starting or resuming operations / Shorter supply of PMMA and PBT pushes notations upwards
RECYCLING UK
Additional recycling capacity needed to meet rising plastics collection / UK remains dependent on export markets / Wrap report
© 2020 by Plastics Information Europe, Bad Homburg
Date of print: 25/01/2020
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