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Formosa Plastics

UPDATE - POLYMERS FOR EUROPE ALLIANCE
Best Polymer Producers Awards 2023: European processors select top suppliers in eight polymer categories / Vinnolit scores in decarbonisation
18.06.2024
PVC
EU imposes provisional anti-dumping duties on imports from US & Egypt / Surcharge of 109% from 12 July
17.06.2024
POM
China initiates anti-dumping investigation into imports from Europe, US, and Asia
22.05.2024
POLYMER PRICES
North America April 2024: Prices move in different directions / PP falls again / Cost situation supports prices for engineering thermoplastics / No major price jumps expected in May
08.05.2024
PETROCHEMICALS USA
Environmental Protection Agency steps up action against chemical companies / 218 plants affected
17.04.2024
POLYMER PRICES
North America January 2024: Crackers, refineries come to a halt due to cold weather / Higher feedstock costs prevent decreases / Standard grades expected higher in February, engineering plastics to remain weak
07.02.2024
FORMOSA
US court reinstates air quality permit for Sunshine Project / Path to realisation remains long
31.01.2024
PETROCHEMICAL MARKETS
PVC: Formosa declares force majeure on deliveries to Europe due to Houthi attacks in the Red Sea / More balance possible for European market
29.01.2024
PETROCHEMICALS USA
Onset of winter cripples plants in Texas, Louisiana / Exports to Europe only affected to a small extent
18.01.2024
PLASTICS AND HEALTH USA
Launch of new thrust for environmental justice through the back door / Campaign to be folded into Inflation Reduction Act
14.12.2023
PVC MARKET
EU starts anti-dumping investigation for imports from US and Egypt
16.11.2023
POLYMER PRICES
North America October 2023: Rollovers predominate, only PP and PS move up / Surplus in nearly all segments / End of strike in auto industry unlikely to affect prices / Reductions expected in November / Further uncertainty due to Middle East conflict
07.11.2023
POLYMER PRICES
North America September 2023: Mixed picture for standards / Forces majeures remain for PE, PP / Car industry strike hurts ordering / Price cuts likely in October
11.10.2023
POLYMER PRICES
North America August 2023: Prices vary / Firmer styrene costs prop up PS / Hurricane Idalia has no effect on prices so far / Extent of damage to polymer production not yet clear / September likely to be generally weaker
06.09.2023
USA – HURRICANE IDALIA
Category 3 storm hits NW Florida coast / Path could pass over plastics plants
30.08.2023
PETROCHEMICAL MARKETS
PVC: Prices could rise / US plant shutdowns provide more balance / Europe faces pricier imports
09.08.2023
POLYMER PRICES
North America June 2023: Weak market fundamentals and falling feedstock prices depress polymer markets / Producers cut back capacities
05.07.2023
PETROCHEMICALS USA
Abrupt end to EPA's Environmental Justice Campaign for Gulf Chemicals belt / Court filing claims issues resolved
03.07.2023
POLYMER PRICES
North America May 2023: Low prices in all segments except PS / Surplus with most types / Recovery in construction and automotive without an effect on prices / Weak start to the summer season
07.06.2023
SHELL
Shutdown of PE production at US site set to continue / Residents criticise odours, flaring
25.05.2023
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
PETROCHEMICAL INDUSTRY
US orders Denka to cut emissions from chloroprene plant / DuPont named in complaint / EPA aims for environmental justice
08.03.2023
POLYMER PRICES
North America February 2023: Feedstocks drive prices up for polypropylene and polystyrene / PVC rises due to exports / Tendency for surplus in all segments / March expected to be weak
08.03.2023
ENVIRONMENTAL ACTION USA
Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules
14.02.2023
POLYMER PRICES
North America January 2023: Prices largely unchanged or lower / Engineering materials slump / Tornado has little impact on prices / Rebound unlikely in February
13.02.2023
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Date of print: 17/07/2024
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