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PIE 1131 of 25.09.2023
PIE 1130 of 08.09.2023
PIE 1129 of 24.08.2023
PIE 1128 of 08.08.2023
PIE 1127 of 25.07.2023
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Westlake
WESTLAKE
Q2 core profit dips 53% as revenues plunge 27% / Housing and Infrastructure business provides stability versus sagging results at Performance and Essential Materials
11.08.2023
PETROCHEMICAL MARKETS
PVC: Prices could rise / US plant shutdowns provide more balance / Europe faces pricier imports
09.08.2023
POLYMER PRICES
North America April 2023: Widespread reductions despite a few plant outages / Feedstock prices softer / Revival in demand still on hold / May prices expected to be lower across the board
10.05.2023
POLYMER PRICES
North America March 2023: Mixed price development despite subdued demand / Propylene, PP continue upward trend, PA 6 loses further ground / April expected to be generally weak
13.04.2023
SINGLE-USE PLASTICS
SUP waste rises 6 mn t in two years / ExxonMobil, Sinopec, Dow lead production, Minderoo Foundation says / Group wants “polymer premium” levy for resins made of fossil materials
08.02.2023
POLYMER PRICES
North America December 2022: Widespread reductions / Good availability coincides with disinclination to buy / The many short-term production outages due to winter storms have little effect on prices / Weak start to the year
11.01.2023
UPDATE - POLYMER PRICES
North America October 2022: Weak demand, high stock levels put prices under pressure / Only PE moves sideways / Rising interest rates depress consumer behaviour / Further price reductions expected in November
09.11.2022
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
14.09.2022
WESTLAKE
US resin maker with record results / Acquisitions, high prices provide impetus
10.08.2022
POLYMER PRICES
North America May 2022: PE, PVC move sideways as PP nosedives / Precarious time for styrene drives up PS, PA 6 / Consumer demand slumps on high inflation / June expected mostly weaker
09.06.2022
WESTLAKE VINNOLIT
New name for German PVC maker / Westlake standardises branding
23.05.2022
WESTLAKE
Another explosion during maintenance work in Lake Charles / Six workers hurt / Production likely unaffected
28.01.2022
WESTLAKE
USD 1.2 bn offer for Hexion coatings, composites ops / Materials used in wind turbine blades, car components
07.12.2021
WESTLAKE
Vinnolit launches lower-carbon “GreenVin” PVC / Second such product in 2021
23.11.2021
POLYMER PRICES
North America September 2021: Tension eases with polyolefins and PS / PVC firmer again / C2 production cut after explosion / Shortage of compounds props up engineering thermoplastic prices
07.10.2021
WESTLAKE
Explosion near Louisiana ethane cracker / Six injured / Cause unclear
30.09.2021
POLYMER PRICES
North America August 2021: Prices mixed despite Hurricane Ida / Production downtimes drive up standard thermoplastics in particular / ABS, PC and polyamides move sideways / Market hopes for a breath of fresh air in September
09.09.2021
USA
Hurricane Ida makes landfall near New Orleans / Petrochemical plants shut down, ports closed
30.08.2021
POLYMER PRICES
North America June 2021: Polyolefin and PVC prices rise again / Pressure eases for styrenics / Most engineering thermoplastics largely firmer / Tight supply situation expected to bring further increases in July
12.07.2021
WESTLAKE
Acquisition of North American PVC business from Boral / Extension of the value chain
23.06.2021
POLYMER PRICES
North America February 2021: Dramatic shortages spark price explosion / Winter storms on Gulf of Mexico bring production to standstill / Producers often unable to meet demand / Relief unlikely
10.03.2021
ORBIA
PVC unit said to be up for sale / Reports of advanced talks with US investment group Apollo
12.01.2021
POLYMER PRICES
North America November 2020: Prices stable to firmer / PE and PVC cool down / PP still rising / High feedstock costs push up styrenics / Further increases expected
15.12.2020
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
12.11.2020
USA
Hurricane Zeta brings further devastation to the US Gulf Coast / Some damage to polymerisation lines
03.11.2020
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