Demand has reportedly been steady in the last week of July. "We still see weak demand for polyolefins in Poland; still, some companies decided to build small stocks due to a predicted price increase" - a trader has commented.
The situation has begun changing in the Polish polyolefin market. PE and PP producers are reducing their capacity utilisation or storing their products while refusing to sell large quantities of the commodity to traders and converters.
Demand for injection PE has strengthened this week, according to Polish traders. ‘We get the most enquiries for injection HDPE and LDPE and the fewest requests for PP homopolymers from converters,’ one of the market players has reported. Converters that make products from PP complain about limited polymer availability.
In H2 June, converters have been slow to make new purchases regardless of special offers, discounts and traders minimal margins in anticipation of another price reduction next month
The Spanish chemical and plastics trade fairs close an edition marked by sustainability.
Continental has sold its plant in Kaluga, Russia, to Russian company S8 Capital.
Untha shredding technology GmbH, the Austrian manufacturer of industrial shredding systems, looks back on a successful 2022: The company achieved yet another record turnover in the region of 80 million Euro, set up a new subsidiary in Turkey, noted a distinct improvement of supply conditions, came up with product innovations, made progress with regard to digitalisation and hired 50 new employees.
The company is on track to exceed its 2025 goal to reduce operational emissions by 25%
NPE2024: The Plastics Show, the global platform for innovation in plastics, has sold 1,024,462 sq. ft of exhibit space at this year’s in-person Space Draw event - a new record high with 982,000 sq. ft. sold in 2018.
International distributor Biesterfeld and science-based company Solvay are expanding their joint portfolio.
The Cologne-based company Bio-Fed and the Brazilian distributor Piramidal signed a distribution agreement for the Brazilian market