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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
1 Apr 2025The European Plastics Converters Association (EuPC) is sounding the alarm over the tariffs on polymer imports from the US proposed by the European Commission, calling
1 Apr 2025On 1 April, the ethylene monthly contract price for April has been set at €1,205/t FD Northwestern Europe (NWE), a €55/t month-on-month decrease, following fluctuations
1 Apr 2025On 1 April, the ethylene monthly contract price for April has been set at €1,205/t FD Northwestern Europe (NWE), a €55/t month-on-month decrease, following fluctuations
CIS
31 Mar 2025The Global Container Freight Index decreased by $44, or 2.1%, week on week, to $2,050, according to the Freightos Baltic Index (FBX). On the route from North America’s
28 Mar 2025Offers to Ukraine Week Product Grade Origin Price Price Delivery terms 13 HDPE Marlex TR-144 Saudi Arabia $/t 1050 CFR Constanta 13 HDPE Q924 USA $/t
28 Mar 2025HDPE film Uzbekistan, $ / t (12% VAT inc.) Basis Producer Grade 28 Mar '25 21 Mar '25 Last week 28 Feb '25 Last month Apr '25* EXW Tashkent Uz-Kor Gas
Americas
1 Apr 2025The April contract price (CP) for benzene has been set at $2.54/gal, or $759/t, FOB USG, a $0.59/gal, or $177/t, decrease from the March one of $3.13/gal, or $936/t, FOB
1 Apr 2025The USA decreased styrene supplies abroad by as much as 23% to 132,400 t month on month in January and increased them by as little as 4% year on year. This decrease was
31 Mar 2025The Global Container Freight Index decreased by $44, or 2.1%, week on week, to $2,050, according to the Freightos Baltic Index (FBX). On the route from North America’s
Asia
1 Apr 2025The 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,
1 Apr 2025Shell Singapore (SSPL), a subsidiary of Shell, has successfully completed the sale of its Energy and Chemicals Park in Singapore to CAPGC, a joint venture between
1 Apr 2025Benzene stocks of East China’s ports have been growing for several weeks now. As of 31 March, they climbed 1,000 t week on week to 141,000
Middle East
1 Apr 2025Advanced Petrochemical Company (APC), one of the major Saudi Arabian petrochemical producers, reportedly started commercial operations at one of its new PP lines with an
31 Mar 2025The Global Container Freight Index decreased by $44, or 2.1%, week on week, to $2,050, according to the Freightos Baltic Index (FBX). On the route from North America’s
28 Mar 2025Türkiye Delivery terms Unit 28 Mar 25 21 Mar 25 Change 28 Feb 25 Change Apr 2025* CFR Türkiye (US К65) $ / t 730–740 730–740 730–740 CFR Türkiye (European
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