EUROPEAN CHEMICAL INDUSTRY

Industry ends 2023 on “a weak note” / Production, exports, imports down compared with 2022 / Uptick in investor confidence

PETROCHEMICAL MARKETS

Polypropylene: Repsol declares force majeure

GERMAN CHEMICALS INDUSTRY

Business confidence stuck at low level – ifo / Thin backlog remains a problem

POLYAMIDE

Hikes for PA 6.6 on the horizon / Imported goods significantly more expensive

TURKEY

Investments planned to boost domestic PP output / Projects due online from 2025 onwards

ENERGY COSTS

European coal prices drop / HWWI commodity price index on downward trend

PETROCHEMICAL MARKETS

Phenol, acetone, cumene: Ineos reportedly declares force majeure in Germany

FREIGHT COSTS

Rising concerns about surcharges due to Red Sea crisis / Importers lose price leadership

BIOPLASTICS

Industry trade group launches policy manifesto / EU lawmakers called on to develop action plan to speed up growth

PETROCHEMICAL MARKETS

Ineos declares force majeure for HDPE pipe grades from Belgium

PETROCHEMICAL MARKETS

Polypropylene: TotalEnergies declares force majeure / Move raises concerns about supply in Europe / Attacks on shipping hamper imports

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

PETROCHEMICAL MARKETS

Polyethylene: Sabic reportedly declares force majeure in the Netherlands

PETROCHEMICAL MARKETS

Ineos declares force majeure for PP from US plant in Texas – report

HUMANITARIAN AID

Global initiative issues recommendations for plastics packaging use

BIOPLASTICS

Production capacity to see steep climb in 2028 vs 2023 / PLA, PHA, PA, PP lead growth

PETROCHEMICAL MARKETS

PA 6: Envalior ends force majeure for caprolactam

EUROPEAN CHEMICAL INDUSTRY

Little output growth seen for 2024 / Plastics buyers to continue struggling / Competition with US and China a challenge

USA

PET association Napcor: “We urgently need to forge ahead with recycling” / Collection systems stagnating

YEAR-ENDER: EUROPEAN PLASTICS INDUSTRY

The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties