Lanxess to sell Urethane Systems business to UBE Corporation
Specialty chemicals company Lanxess signed a contract to sell its Urethane Systems business to Japanese UBE Corporation.
Sale
News Plastech
Consistent development is the key to success
Interview with Grzegorz Wróbel, Bole Sales Manager Poland.
In June, players expect an increase in demand for PE and PP
As previously reported by Chem-Courier, demand for food film and plastic bottles may increase in the near future due to European events such as the Olympics and the Football Championship, which will take place this summer.
May prices will be announced later
PE, PP demand continues to remain low in Poland. Market players note that off-grade material has been more popular this month.
Polish polyolefins market: A week passed with discounts
Sluggish demand continues to negatively affect market conditions. Low demand in Europe is likely to prompt further price declines next month.
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.
Paolo Gasparotto, comes back home in a new vest: Group Sales Director!
After two years venturing the North American market where Syncro Group USA is currently consolidating its new headquarters, Paolo Gasparotto, come back home in a new vest: Group Sales Director.
Europe R-PE continues to face tough trading conditions although some optimism remains
The majority of players expect recycled polyethylene's (R-PE) tough trading conditions to continue into 2024 due to ongoing bearish macroeconomic conditions, although many expect this to improve compared with 2023.
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
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.
Encouraging preliminary results for Italian manufacturers of plastics and rubber processing machinery
According to estimates by the Amaplast-MECS Statistical Study Center, in 2023 the Italian plastics and rubber machinery production could set a new all-time record for the sector of over 4.8 billion euros, racking up a gain of at least three points over 2022.
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.
