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Netstal sale to Krones AG signed

Netstal sale to Krones AG signed

KraussMaffei is selling its Swiss subsidiary Netstal Maschinen AG to Krones AG, a a long-standing Netstal customer that manufactures machines for filling and packaging beverages and liquid foods.

Polyolefins rise in value in Poland

Polyolefins rise in value in Poland

The polyolefin market has started reviving in H1 January. Market players say that in addition to completing December deliveries, they already have new orders for PP and PE, with the former bought more frequently than the latter.

Polyolefins may rise in value in January

Polyolefins may rise in value in January

Demand has been low in the Polish polyolefin market in the last pre-holiday week, according to Chem-Courier’s data. Converters have been tapping into their raw material stocks or purchasing only small batches.

LDPE value lost 20 EUR/t

LDPE value lost 20 EUR/t

According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.

Polyolefins to keep getting cheaper in December

Polyolefins to keep getting cheaper in December

Despite raw material depreciation, converters did not buy more, they continue to purchase raw materials only on an as-needed basis. Some of them are using the stocks built during previous months

Polish traders offer discounts on polyolefins

Polish traders offer discounts on polyolefins

Polish converters continue to buy polyolefins on an ad hoc basis, and if possible, hold off new purchases in anticipation of further price cuts. Packaging remains one of the most active consuming industries.

Buying activity slugglish in Poland

Buying activity slugglish in Poland

Although polyolefins have got cheaper this month, converters have still been holding off restocking and have been reduced purchases compared with October.