Europe top stories: weekly summary
ICIS Editorial
13-Jan-2014
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 12 January.
Europe PE, PP players consider
impact of import duty hikes
Duties
on polyethylene (PE) and polypropylene (PP) imports from
several countries, including established importers in the GCC
(Gulf Cooperation Council), rose from 3% to 6.5% on 1 January
2014 but there is still uncertainty over how this will affect
pricing in Europe, sources said on Friday.
EU Oct chems output up 1.8%
despite fall in petchems
production
EU chemicals production
in October rose 1.8% year on year despite a 4.9% fall in
petrochemicals output, the European Chemical Industry Council
(Cefic) said in its latest Chemicals Trends Report on
Thursday.
January IPEX rebounds
with Europe leading the
way
January’s ICIS
petrochemical index (IPEX) rebounded across all three
regions, with Europe leading the way.
EU, eurozone chems
producer prices fall 0.4% in November
2013
Chemical
producer prices both in the EU and the eurozone fell by 0.4%
month on month in November, statistics provider Eurostat said
on Tuesday.
OUTLOOK ’14: Europe
chems right to be ‘cautiously
optimistic’
The year
of 2013 did not provide an obvious direction the economy will
travel towards, and it is unlikely there will be big flashing
road signs in 2014 either.
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