News

Outages reduce supply in Indian PE market, will this attract Chinese shipments?

Outages reduce supply in Indian PE market, will this attract Chinese shipments?

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2022

Traders say a series of shutdowns in India has provided an opportunity for Chinese PE exporters, at a time when China's surplus imports are awaiting new markets. . Chinese sellers have increased their focus on re-exporting PE to Southeast Asia to ease their inventory pressure.

The Controversy About Plastic Imports In Malaysia

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2021

Malaysia decided to end the anti-dumping investigation on plastic imports from Vietnam, China, Indonesia and Korea, and to end the provisional anti-dumping tax and release the deposited deposits.

The Controversy About Plastic Imports In Malaysia
Weak demand affects ABS prices in global markets

Weak demand affects ABS prices in global markets

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2022

Market participants confirmed weaker ABS sentiment globally, driven by lower-than-expected demand in major markets including China, Southeast Asia, Turkey and Europe. Import prices in China and Turkey have continued to slide to new lows amid mounting selling pressure, despite a fresh rally in the Asian spot styrene market.

$120 million to build the first biodegradable plastic factory in Southeast Asia

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2022

TTO - With a capacity of 30,000 tons/year and a total investment of up to 120 million USD, An Phat Holdings' PBAT biodegradable plastic factory will be one of the few manufacturers of raw materials. global green material.

$120 million to build the first biodegradable plastic factory in Southeast Asia
Alpla building injection molding plant in Kansas City

Alpla building injection molding plant in Kansas City

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2021

Alpla Inc. North America, known more for blow molding capabilities, soon will begin construction of a 246,000-square-foot injection molding facility in Kansas City, Mo.

Billion dollar project in Ba Ria - Vung Tau officially put into operation

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2021

Ba Ria - Vung Tau - On December 17, the project of Polypropylene (PP) Factory and Hyosung LPG underground storage in Cai Mep - Thi Vai area, Phu My town was inaugurated. This is one of the typical projects and works inaugurated in December to celebrate the 30th anniversary of the establishment of the province. After 3 years o...

Billion dollar project in Ba Ria - Vung Tau officially put into operation
Bringing automotive up to speed on recycled materials

Bringing automotive up to speed on recycled materials

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2021

TotalEnergies, Plastic Omnium to develop new recycled plastic materials for auto industry TotalEnergies and Plastic Omnium have joined forces to design and develop new plastic compounds made from recycled polypropylene, the companies have announced.  To that end, the companies have entered into a strategic partnership to poo...

China's cumulative PPH imports for January-April hit lowest level since 2008

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2022

According to data from Statistical Instrumentation, China's total homo PP imports for the January-April 2022 period show the lowest figure since 2008.

China's cumulative PPH imports for January-April hit lowest level since 2008
Egypt's domestic and imported PP and PE markets tend to be mixed

Egypt's domestic and imported PP and PE markets tend to be mixed

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2022

Several mixed factors have dragged Egypt's domestic and imported polyolefin markets in opposite directions over the past few weeks. While foreign exchange shortages and impeded imports gave distributors leverage to announce price increases, the import PP and PE markets have continued to weaken due to reduced demand.

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