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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