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RENOLIT to invest €130 million in consolidating German production sites1 Apr 2025 / ChemCourier. PVC Market Weekly / company news

image1.pngGerman plastics producer RENOLIT plans to merge its Worms and Frankenthal facilities into a single, modernised production site in Worms, investing approximately €130 million over the next five years. The company specialises in high-quality plastic films and other polymer solutions used in medical, automotive, construction, and packaging industries.

This consolidation aims to enhance efficiency and reduce the company's carbon footprint. All 370 employees from the Frankenthal site will be offered positions at the Worms location, which will see its production capacity increase by over 50%, from 24,000 to 38,000 tpy.

The Frankenthal plant, acquired in 1999 and constrained by its residential surroundings, would have required substantial investment for expansion. By centralising operations in Worms, RENOLIT seeks to strengthen its logistics and optimise customer services.

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India extends PVC anti-dumping investigation deadline1 Apr 2025 / ChemCourier. PVC Market Weekly / regulations

image1.jpegThe Indian government has granted a one-month extension for the completion of an anti-dumping investigation into PVC imports. The probe, which began on 26 March 2024, examines PVC imports from China, Indonesia, Japan, South Korea, Taiwan, Thailand, and the US.

The investigation was initiated following a petition from major domestic producers claiming significant harm to India's PVC industry from these imports. While authorities were originally required to issue final findings within 12 months under constitutional provisions, this extension provides additional time for a conclusive determination.

Preliminary findings released on 30 October 2024, recommended substantial tariffs on producers from the seven targeted countries.

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Germany's plastic production increased and sales declined in 202427 Mar 2025 / ChemCourier. Polyolefins Market Weekly / ChemCourier. PVC Market Weekly / production

image1.pngThe German plastics industry has been under pressure recently. High costs, sluggish demand, and increasing competitive pressure are placing a strain on companies, stated the Plastics Europe Germany association at a press conference last Wednesday. Urgent investment is needed, such as in competitive and renewable energy supply, to alleviate the pressure on the sector.

Although plastic production in Germany increased by 3% in 2024, it still lags significantly behind the pre-crisis level of 2021. Due to reduced producer prices, the industry’s sales decreased by 3%, from €27.5 billion to €26.7 billion. Exports declined by 0.8%, while imports fell by 4.9%. In particular, the volume of incoming orders from domestic sources was weak, whereas orders from abroad saw a slight increase.

Forecast for 2025: a rapid recovery is unlikely.

While moderate growth of the global economy is anticipated, the situation in Germany remains tense. ‘To date, we expect a decrease in plastic production in virgin forms of around 0.5% compared to the previous year, explained Dr. Ralph Düsseldorf, Chairman of the Association. Investments in competitive energy prices, expanded use of renewable energy sources, and investment incentives are indispensable levers for revitalising the economy as a whole and the plastics industry specifically, said Düsseldorf. Germany still offers ideal conditions for research and development. A well-established value chain, short supply routes, and close ties with institutions are assets that benefit companies in Germany and Europe. However, the importance of the plastics industry must be recognised at the political level, both in Germany and, for instance, within the framework of the European Clean Industrial Production Programme.

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Europe
3 Apr 2025The Purchasing Managers' Index (PMI) for the industrial sector of Poland reached 50.7 points in March 2025, compared to 50.6 points in the previous month, according to
3 Apr 2025Naphtha and butane prices have declined week on week in Europe, while propane has become more expensive. On 2 April, naphtha quotes slipped $6/t to $613/t CIF ARA, and
3 Apr 2025MCP loses €55/t in April; Spot market sees higher discounts; Weak fundamentals persist. The propylene contract price for April has been set at €1,080/t FD Northwestern
CIS
3 Apr 2025SPOT PRICES, RUB/t inc VAT* Apr 3 Mar 27 change Styrene FCA VFD 150,000—153,000 150,250—155,000 -1% Downstream ABS CPT CFD 208,000—225,000 208,000—225,000 GPPS
3 Apr 2025SPOT PRICES, RUB/t inc VAT* Apr 3 Mar 27 change Benzene FCA NWFD 62,000—63,000 FCA VFD 60,000—60,500 60,000—60,500 FCA SFD 66,000—77,000 Downstream Styrene FCA
3 Apr 2025PP Russia, RUB / t (20% VAT inc.) Basis Product 3 Apr '25 Last week 6 Mar '25 Last month May '25* 3 Apr '25, $/t CPT Moscow PP raffia¹ 135 000–145 000 -1
Americas
3 Apr 2025On 2 April 2025, the USA implemented a 25% tariff on imported passenger vehicles and light-duty trucks under an executive order signed by President Donald Trump. The
3 Apr 2025USA-origin injection, blow-moulding and film HDPE grades have been up for sale at $910—930/t, $940—980/t, and $970—980/t, respectively, in Turkiye, this week. Film LDPE
3 Apr 2025Tariff and shipping risks in spotlight Channelview unit still idle Export to Europe and Turkiye brisk in March Styrene prices have fallen in the USA this week. The
Asia
3 Apr 2025Propylene prices decrease on low regional remand Pucheng Clean Energy to restart its cracker The average propylene price went $10/t down week on week to $820/t CFR NEA
3 Apr 2025Middle Eastern C4-LLDPE and film LDPE grades have been on offer at $1,030/t CIF Vietnam and $1,160—1,180/t CIF Vietnam, respectively, in the country. Film HDPE of the
3 Apr 2025Export from China inactive East China’s stocks keep dwindling Several TARs planned in NEA The Asian styrene market has been volatile lately, with prices tracking
Middle East
3 Apr 2025Saudi Arabian film LDPE and C4-LLDPE have been up for sale at $1,250/t CIF Beirut and $1,050/t CIF Beirut in Lebanon, respectively, this
3 Apr 2025USA-origin injection, blow-moulding and film HDPE grades have been up for sale at $910—930/t, $940—980/t, and $970—980/t, respectively, in Turkiye, this week. Film LDPE
3 Apr 2025HDPE Saudi Arabia, $ / t Basis Product 3 Apr '25 Change 6 Mar '25 Last month May '25* FOB Saudi Arabia HDPE inj 1140–1160 +10 1130–1150 +10 +20 HDPE BM
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