

Polymers
Overview
Global polyethylene (PE) and polypropylene (PP) supply and demand dynamics are in transition. Supply is increasing much faster than demand and international trade is shifting due to political and economic events. About 40% of the US polyethylene production is exported, mainly to Asian markets, whereas only about 10% of the polypropylene production is exported, mainly to LATAM markets.
Ethylene prices in Asia and Europe are tied to naphtha whereas ethylene prices in the US are impacted by natural gas and ethane supply. Asia is also self-sufficient on PP whereas they must import 25% of their PE demand.
The impacts of other ethylene and propylene derivatives such as PVC or propylene oxide also require assessment.
Our polymer experts will help you determine what trends to track and how to stay competitive in today’s ever-changing global markets.
Latest polymers news
Browse the latest market moving news on the global polymers industry.
Europe ELV directive may not be ambitious enough: EuRIC
Europe ELV directive may not be ambitious enough: EuRIC
London, 9 July (Argus) — European circular automotive ambitions are at risk before they have started, according to European recycling industries association EuRIC. Following the European Parliament's vote on the end of life vehicles (ELV) directive yesterday , EuRIC warned that low recycled content targets, loopholes and legal uncertainties risk holding back the investments and market confidence needed to scale Europe's circular ELV economy in practice. The parliament's committees agreed on a reduced recycled content target for plastics to 20pc, with only 10pc post-consumer, and a closed-loop target to 15pc, within six years of the rules' entry into force. The recycled content target is increased to 25pc within 10 years of entry into force, but half of the target can be met with pre-consumer waste. EuRIC said the vote on ELV regulation is a welcome step for the industry but feels the targets fall short of the potential for the market, ignoring the European Commission's Joint Research Centre (JRC) evidence that higher post-consumer recycled content targets are feasible and realistic. Unclear review clauses add further risk for recyclers already facing a 30pc recycling obligation without guaranteed markets according to the association. With the European recycling industry under pressure, EuRIC also highlighted the lack of a mirror clause for imports under fair conditions further threatens European recyclers. The association urged co-legislators to strengthen targets and close loopholes in the next steps of negotiations. By Chloe Kinner Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
EU opens chemical recycling mass balance consultation
EU opens chemical recycling mass balance consultation
London, 8 July (Argus) — The European Commission has opened a public consultation on chemical recycling, specifically related to a proposed update to the implementing decision for the Single-Use Plastics Directive (SUPD). The draft update includes rules for mass-balance accounting of chemically-recycled content towards the SUPD's recycled content targets, and would allow recyclates produced from non-EU post-consumer waste to count towards EU targets. The commission is seeking feedback on a proposed fuel use-excluded approach to mass balance accounting. In this, the amount of circular feedstock eligible to be assigned as recycled content to polymers would be calculated by taking the amount fed into a steam cracker and assigning it to one of four output groups — non-fuels, fuels, losses and dual-use outputs — based on the proportion of each that the cracker produces. Cracker operators could then allocate an amount of recycled content — sometimes termed by market participants as recycled credits — to their products, equal to the amount of eligible feedstock assigned to the non-fuels output group, or to any dual-use outputs that can be provably shown to be retained in the chemical/polymer chain rather than entering the fuels chain. The draft document also lays out rules for allocating recycled content to cracker feedstock where mass balance accounting is required before the steam cracker stage of the polymer production process, which Argus understands to be a reference to refining or pre-treatment of pyrolysis oil. This would be based on the amount of recycled feedstock input into the refining or pre-treatment plant that evaporates below the maximum feedstock boiling point the intended steam cracker customer can accept, as a ratio to the total amount of material input into the former plant. The same ratio of recycled content could then be applied to materials supplied to the steam cracker customer. Basing allocation of recycled content on input before the steam cracker stage, rather than output, would appear to open the door to processing of pyrolysis oil in refineries that produce mainly fuels, without a large proportion of credits being lost to the fuels pool under fuel use-exempt rules. Argus is seeking clarification on this. In addition to the mass balance rules, the draft extends the definition of post-consumer plastic waste to include that produced from products placed on the market outside the EU. This would align the definition with that used in the recently-adopted Packaging and Packaging Waste Regulation, and mean recyclates based on non-EU waste could count towards the 25pc recycled content for polyethylene terephthalate (PET) beverage bottles contained in the SUPD. The consultation will run until 19 August. By Will Collins Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Versalis completes pyrolysis production tests at Mantua
Versalis completes pyrolysis production tests at Mantua
London, 19 June (Argus) — Italian chemical company Versalis has completed initial production tests at its 6,000 t/yr input capacity chemical recycling site in Mantua. The company reaffirmed plans to expand the technology at a site in Priolo, Sicily which will have an input capacity of 40,000 t/yr. The company, a subsidiary of integrated oil company Eni, is producing new plastic materials via a "high thermal performance pyrolysis reactor" as part of its "Hoop" brand. The new plastic materials will be suitable for food packaging and pharmaceuticals. The Mantua plant began construction in October 2023. The new site in Priolo was planned as part of the Eni-Versalis "chemical transformation plan" that was signed in March 2024 with the enterprise ministry, although an input capacity was not given at the time. Eni announced plans to phase out Italian steam crackers in October 2024 , choosing to focus "on a high-value downstream portfolio comprising compounding and specialised polymers, biochemistry and products from the circular economy". By George Barsted Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Pryme restarts Rotterdam PPO plant
Pryme restarts Rotterdam PPO plant
London, 19 June (Argus) — Dutch plastic-derived pyrolysis oil (PPO) producer Pryme has restarted output at its Rotterdam site, and by this morning had produced 25t of PPO since 18:00 local time on 18 June. The output marks a successful restart since the operation, Pryme One, shut down on 29 April because of a leaky discharge valve. The Pryme One site has an input capacity of 26,000 t/yr. Pryme reduced its second quarter production guidance to "up to 250t" from "750-1,250t" following the shutdown. Pryme previously limited operations at the site in March, after vibrations caused a shutdown. In its 2024 annual report the company said that it had originally aimed for production goals of a little below 7,000t of PPO for 2025. Since the leak on 29 April the firm guided production of 1,500-2,000t for the third quarter and 3,000-4,000t for the fourth quarter in its first-quarter results, published on 6 May, adding that "production is expected toward the lower end of each range unless further improvements are realised". By George Barsted Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
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