Formosa Plastics

UK government proposes tariffs on US-made S-PVC / British shops voice fears over impact

North America September: Prices roll over or fall back / Weak demand continues / Production outages have no effect on quotes / Lower feedstock prices and surplus trend support decreases

North America August: Most prices roll over or fall / Only polyolefins rise because of increasing feedstock prices / FMs, outages due to weak demand have no effect on prices / No trend turnaround likely

Plans for second ethane cracker in US / Backward integration for PVC sought

Expansion of PVC production in USA / Judges renew approval for Sunshine Project

North America July 2024: Hurricane Beryl leads to numerous outages, logistics problems / Polyolefin, PVC prices see some significant rises / PA 6 also considerably higher / August expected to stay mostly unchanged

Best Polymer Producers Awards 2023: European processors select top suppliers in eight polymer categories / Vinnolit scores in decarbonisation

EU imposes provisional anti-dumping duties on imports from US, Egypt / Surcharge of 109% from 12 July

China initiates anti-dumping investigation into imports from Europe, US, and Asia

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

Environmental Protection Agency steps up action against chemical companies / 218 plants affected

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

US court reinstates air quality permit for Sunshine Project / Path to realisation remains long

PVC: Formosa declares force majeure on deliveries to Europe due to Houthi attacks in the Red Sea / More balance possible for European market

Onset of winter cripples plants in Texas, Louisiana / Exports to Europe only affected to a small extent

Launch of new thrust for environmental justice through the back door / Campaign to be folded into Inflation Reduction Act

EU starts anti-dumping investigation for imports from US and Egypt

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

North America September 2023: Mixed picture for standards / Forces majeures remain for PE, PP / Car industry strike hurts ordering / Price cuts likely in October

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

Category 3 storm hits NW Florida coast / Path could pass over plastics plants

PVC: Prices could rise / US plant shutdowns provide more balance / Europe faces pricier imports

North America June 2023: Weak market fundamentals and falling feedstock prices depress polymer markets / Producers cut back capacities

Abrupt end to EPA's Environmental Justice Campaign for Gulf Chemicals belt / Court filing claims issues resolved

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