Europe top stories: weekly summary
ICIS Editorial
13-Jan-2025
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 10 January.
Europe chems at
breaking point, urgent action needed –
Cefic
A new report commissioned by Cefic, Europe’s
main petrochemical trade group, highlights
the industry’s dire situation and calls for
swift action to ensure its survival.
Definitive EU ADDs on
Chinese TiO2 imports get green light; graphic
printing inks exempt
Recently modified definitive EU antidumping
duties (ADDs) have officially been applied to
titanium dioxide (TIO2) imports from China
with effect 9 January, except for TiO2
imports used in the production of white
graphic printing inks, according to the
European Commission.
Europe butadiene
outlook fairly positive, at least for H1
2025
European butadiene (BD) market sentiment for
2025 is reasonably positive, particularly for
producers, and especially so for the first
half of the year.
Firming upstream costs
put upward pressure on Europe PX, OX January
contract talks
Europe’s paraxylene (PX) and orthoxylene (OX)
contract price discussions for January will
be impacted by firming feedstock mixed
xylenes (MX) and gas costs, according to
market sources.
Europe PP buyers await
January offers, watch for restocking
signs
Polypropylene (PP) players in Europe are
waiting for offers from sellers to emerge,
with many returning from Christmas and New
Year holidays on 6-7 January.
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