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  • PMMA MARKET SEES MODERATED PRICE INCREASES IN APRIL 2024
    PMMA market sees moderated price increases. In April, European PMMA prices rose moderately, buffered by less upstream pressure, despite continued PMMA shortages driving prices up. All PMMA grades, including high…
  • TRINSEO RAISES PS, ABS, SAN PRICES IN APRIL 2024
    Trinseo raises PS, ABS, SAN prices. Trinseo announces price increases for Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), and Styrene-Acrylonitrile (SAN) materials. The increases will be effective from April 1, 2024,…
  • INEOS ANNOUNCED €60/MT INCREASE ON PS IN APRIL 2024
    INEOS announced €60/mt increase on PS in April 2024. INEOS Styrolution has announced the increase after another increase in the styrene monomer contract price in April. The company noted in…
  • TRINSEO ANNOUNCES PRICE INCREASE OF ACRYLIC SHEETS
    Trinseo announce price increases of acrylic sheets. Trinseo and its affiliate companies in Europe announced a price increase for all acrylic sheets under the brand names ALTUGLAS™ and OROGLAS™. Starting…
  • EU CONSTRUCTION MIXED, POLYMER BLEAK
    EU construction mixed but polymer bleak. Eurostat‘s recent findings reveal diverse trends in Europe’s construction sector for January 2024. The euro area experienced a slight increase in construction production by…
  • PS PRICES SURGE AGAIN IN MARCH 2024
    PS prices surge again. March’s expected increase in European polystyrene prices came amid weak demand, spurred by rising upstream costs. The allure of imports grew as a cost-effective alternative, despite…
  • EU CAR SALES SURGE IN FEBRUARY 2024
    EU car sales surge. In February 2024, the European Union witnessed a 10.1% increase in new car registrations. Battery-electric vehicles (BEVs) maintaining a 12% market share, according to the European…
  • PC PRICES SEE MIXED OUTCOME IN MARCH 2024
    PC prices see mixed outcome. In March 2024, European PC prices edged higher amid rising costs and supply disruptions. Despite these pressures, efforts to significantly raise prices meet tough resistance.…
  • NYLON PRICES SPIKE SHARPLY IN MARCH 2024
    Nylon prices spike sharply. In March, European PA6 and PA66 prices rose, driven by higher costs, but hampered by weak demand and ample supply. Suppliers face margin challenges. Price hikes…
  • EU PMMA MARKET DYNAMICS: MARCH 2024 OVERVIEW
    EU PMMA market dynamics: March 2024 saw the European PMMA market in flux, with MMA shortages driving triple-digit price increases, notably a €130 rise in extrusion. Supply challenges, spurred by…
  • TRINSEO PLANS CLOSURE OF GERMAN PC PLANT
    Trinseo plans closure of German polycarbonate (PC) plant. The company has announced plans to potentially shut down its virgin polycarbonate manufacturing facility in Stade, Germany by the end of 2024.…
  • INSIDE THE TURMOIL OF EUROPEAN ENGINEERING RESINS
    Inside the turmoil of european engineering resins. March has introduced new difficulties for sellers in the European engineering resins market. Demand continues to be weak. Prices for critical resins like…
  • INEOS INCREASES PS PRICES IN MARCH 2024
    INEOS increases PS prices in March 2024. Ineos Styrolution announced a price increase for Polystyrene (GPPS, bulk) in March 2024, up by +230€/mt compared to February 2024. Additionally, the surcharge…
  • MMA PRICES CONTINUE TO SOAR IN MARCH 2024
    MMA prices continue to soar. In Europe, spot prices keep surging in March amid shortages, now standing well above €2000/MT and, in some instances, reaching €3000/MT or slightly more. Primarily,…
  • TRINSEO RAISES PRICES IN MARCH 2024
    Trinseo raises price in March. The company has announced a price increase for all General Purpose Polystyrene (GPPS), Acrylonitrile Butadiene Styrene (ABS), and Styrene Acrylonitrile (SAN) grades across Europe. Effective…
  • EU CONSUMER CONFIDENCE IMPROVES SLIGHTLY IN FEBRUARY 2024
    EU consumer confidence improves. In a modest yet positive shift, consumer confidence in both the EU and euro area has seen an increase, according to DG ECFIN‘s flash estimate for…
  • RÖHM EXPANDS PMMA CAPACITY
    Röhm expands PMMA capacity. The company has inaugurated a new PLEXIGLAS® molding compounds facility in Worms, Germany, marking a significant expansion in its European production capacity. This move aligns with…
  • EU INFLATION EASES IN JANURY 2024
    EU inflation eases in January 2024. The region saw a slight decrease in the inflation rate, according to Eurostat. The eurozone saw inflation settling at 2.8%, a minor dip from…
  • EU SAN IMPORT RESILIENCE IN 2023
    EU SAN import resilience amid weak demand in 2023 versus 2022. Despite facing a year of tepid demand in the downstream markets, the European Union’s (EU) import of Styrene Acrylonitrile…
  • STYRENICS PRICES POISED FOR SURGE IN MARCH 2024
    Styrenics prices poised for a surge. The raw materials market for styrenics is on the cusp of another significant price hike in March 2024 amid a robust rally in spot…
  • EU CONSTRUCTION GROWTH CONTINUES IN DECEMBER 2023
    EU construction growth continues. Eurostat reports a 0.8% rise in euro area construction production and a 1.3% increase in the EU for December 2023 versus November 2023. According to Eurostat,…
  • EU CAR SALES JUMP 12.1% IN JANUARY 2024
    EU car sales jump 12.1% in January 2024, according to the latest data from The European Automobile Manufacturers’ Association (ACEA). A total of 851,690 vehicles were registered. This marked a…
  • European PA6 and PA66 Markets in February 2024: Responding to Import Disruptions
    European PA6 and PA66 markets: The PA6 (Polyamide 6) and PA66 (Polyamide 66) markets in Europe are experiencing a notable shift as a result of the ongoing Middle East crisis,…
  • SAN PRICES SET TO CLIMB SHARPLY IN FEBRUARY 2024
    SAN prices set to climb sharply. The Styrene Acrylonitrile (SAN) market is bracing for a price hike across Europe as February unfolds. The cost increase is attributed to a combination…
  • MMA SPOT PRICES REACH NEW HIGHS IN FEBRUARY 2024
    MMA spot prices reach new highs in February 2024, according to recent market analysis by GC Intelligence. The shortages continue, with offers reaching as high as €2600/MT DDP. Prices have…
  • INDUSTRIAL OUTPUT GROWS IN DECEMBER 2023
    Industrial output grows in December. Industrial output experienced a significant rise of 2.6% in both the eurozone and the European Union (EU) in December 2023. Eurostat, the European Union’s statistical…
  • EU GDP STABLE WHILE JOBS GROW
    EU GDP stable while jobs see grow. In the final quarter of 2023, the gross domestic product (GDP) showed no change in the eurozone. At the same time, there was…
  • GERMAN CONSTRUCTION SENTIMENT PLUMMETS
    German construction sentiment plummets. The ifo Institute reports a historic low in German residential construction sentiment. The business climate index has fallen to -59.0, marking the lowest value ever recorded.…
  • BOREALIS APPOINTS VP CIRCULAR ECONOMY
    Borealis appoints VP circular economy. Borealis has announced Mirjam Mayer’s new role as Vice President Circular Economy Solutions, effective from January 1, 2024. Mayer, who previously spearheaded Polyolefins Transformation, will…
  • BASF DIVESTS CHINA VENTURES
    BASF divests China ventures. BASF plans to sell its shares in two Korla-based joint ventures, part of its strategic reevaluation of the 1,4-butanediol (BDO) sector. BDO, a key precursor to…
  • EUROPEAN PS MARKET SHOW SIGNS OF TIGHTNESS
    The European PS market shows signs of tightness. Players in the European polystyrene (PS) market appear to be witnessing a discernible tightening in February. This is marking a departure from…
  • PP PRICES IN EU EDGE UP IN FEBRUARY
    PP prices in EU edge up in February. Polypropylene (PP) prices in Europe have started to edge upwards for several market participants against the backdrop of languishing demand. However, despite…
  • INEOS STYROLUTION SEEKS €230/MT INCREASE ON PS
    INEOS Styrolution seeks €230/MT increase on polystyrene (PS) in February. The company has announced a price increase for its polystyrene products, effective from February 1st, 2024. The increase on General…
  • ELIX POLYMERS ADVANCES CHEMICAL RECYCLING
    ELIX Polymers advances chemical recycling. The company has developed products using chemically recycled materials, achieving up to 100% sustainable feedstocks. This initiative is part of its E-LOOP brand, focusing on…
  • INEOS STYROLUTION LAUNCHES NEW MBS MATERIAL
    INEOS Styrolution launches new MBS material. The Zylar® EX350, is the novel MBS (methyl methacrylate butadiene styrene) material. The new MBS material is designed for enhanced electronics component packaging with…
  • NYLON PRICES CONTINUE TO LACK TRACTION
    Nylon prices continue to lack traction, despite an ease in pressure from imports and higher costs. PA6 and PA66 resin markets are experiencing ongoing challenges as February progresses. Demand remains…
  • TRINSEO HIKES PMMA SHEET PRICES BY 10%
    Trinseo hikes PMMA sheet prices. The company, a prominent player in specialty material solutions and its European affiliates, has disclosed a significant price hike for its acrylic sheet products. The…
  • TRINSEO HIKES PC PRICES IN EU BY €300MT
    Trinseo hikes PC prices. Trinseo, a specialty material solutions provider, and its European affiliate companies have revealed a significant price adjustment for their entire range of polycarbonate (PC) grades. Effective…
  • PMMA SHORTAGES DRIVE UP EUROPEAN PRICES
    PMMA shortages drive up prices. The PMMA (Polymethyl Methacrylate) market in Europe is grappling with a scarcity of supply, leading to a considerable surge in prices. The shortages arise not…
  • GDP STABLE IN EUROPE
    GDP stable in Europe. In the fourth quarter of 2023, Eurostat, the statistical office of the European Union, released a preliminary flash estimate. The indicator showed that the seasonally adjusted…
  • EURO AREA ANNUAL INFLATION DOWN TO 2.8%
    Euro Area annual inflation drops. Euro area annual inflation is expected to be 2.8% in January 2024. The decrease is down from 2.9% in December according to a flash estimate…
  • EU CONSUMER CONFIDENCE STAGNATES
    EU consumer confidence stagnates. In January 2024, the preliminary consumer sentiment assessment by DG ECFIN, a department of the European Commission. The indicator shows a relatively unchanged consumer confidence in…
  • EU CAR SALES DIP 3.3% IN DECEMBER 2023
    EU car sales dip. In December 2023, EU car registrations fell by 3.3%, a decline attributed to a high baseline in December 2022, as reported by ACEA. Despite this, the…
  • TRINSEO INCREASES PRICES IN EUROPE
    Trinseo increases prices. Trinseo, a renowned provider of specialty material solutions, along with its European affiliates, has announced an upcoming price increase for their polymer products. Prices will increase starting…
  • EUROPEAN MMA PRICES SURGE SHARPLY
    GC Intelligence (London) – European MMA prices surge. MMA prices in Europe have seen a significant spike, jumping from €1500/MT in December to current offers around €2000/MT. Despite this increase,…
  • PC PRICES SET TO ROLLOVER IN JANUARY 2024
    GC Intelligence (London) – PC prices set to rollover. In the European polycarbonate sector, prices appear poised to maintain their current levels, with indications suggesting a rollover from December into…
  • ENVALIOR RAMPS UP PRODUCTION IN CHINA
    Envalior ramps up production in china. Envalior boosts its production in China, focusing on the growing e-mobility and E&E markets. The company has completed expansions at its Jiangyin and Changzhou…
  • EU CONSTRUCTION PRODUCTION DECREASES
    EU construction production decreases in October 2023, according to Eurostat, the statistical office of the EU. In October 2023, construction production in the euro area dropped by 0.9% and in…
  • EU CAR REGISTRATIONS RISE MODESTLY
    EU car registrations rise modestly, according to the European Automobile Manufacturers’ Association (ACEA). In November 2023, the EU car market grew by 6.7%, marking the sixteenth consecutive month of expansion,…
  • EURO AREA INFLATION FALLS TO 2.4%
    Euro area inflation falls, according to Eurostat, to 2.4% in November 2023, a significant drop from October’s 2.9%. In the previous year, the rate was a high 10.1%. The EU…
  • LG CHEM OPENS EUROPEAN CS CENTER
    LG CHEM opens European CS center. The company opens new Customer Solution Center in Frankfurt, Germany. It’s a big step in their global customer service strategy. The Frankfurt center is…
  • WANHUA TO OPEN HUB IN SPAIN
    WANHUA to open hub in Spain. WANHUA, the Chinese multinational, plans to open an innovation hub in Catalonia, Spain. WANHUA already maintains a presence in Hungary and the Czech Republic.…
  • EU DURABLE GOODS: STILL NEGATIVE BUT IMPROVING
    EU durable goods: still negative but improving, according to Eurostat data. In October 2023, the European Union saw a 7% decrease in durable goods production, a milder drop than September’s…
  • EURO AREA INDUSTRIAL PRODUCTION DIPS
    Euro Area industrial production dips, according to Eurostat. In October 2023, industrial output in the euro area saw a 0.7% decrease, and the EU experienced a 0.5% decline compared to…