News
Saudi Arabia shifts focus to PE exports to Western Europe
China's main PE suppliers are located in the Middle East and are Saudi Arabia, Iran, UAE and Qatar. All are subject to a drop in exports to China in 2021. Saudi Arabia, which is capable of exporting more than 9 million tonnes of PE per year, has faced a 22% drop in exp...
January PE prices in Europe have appeared flat or down from the previous month. While the delayed arrival of US goods has helped regional suppliers to some extent, the growing supply due to higher import supplies and low demand has particularly put pressure on commodities. LDPE and HDPE.
With export turnover growing strongly in the first 9 months of 2021, plastic sheets, sheets and films replacing plastic bags become Vietnam's largest export plastic products in the first 9 months of 2021, with a turnover of 796 $1.1 million, accounting for 21.2% of the total export turnover of plastic products. Compared to the s...
Companies see this as the next step towards a better plastic market
France-based chemical company TotalEnergies and Honeywell International Inc. US-based company has signed a strategic agreement that will see Honeywell supply TotalEnergies with materials derived from the chemical recycling of waste plastic.
Oldcastle Infrastructure Inc. is adding plastics to its portfolio with the strategic acquisition of National Pipe & Plastics Inc.
Avient Corp. has been busy in 2021 commercializing new products that are sustainable while meeting customer needs.
Earlier this year, Avon Lake, Ohio-based Avient debuted Rejoin-brand post-consumer masterbatch colorants for polyolefin packaging. The colorants are made with post-consumer polyolefin as a carrier resin.
According to information on Bloomberg, PVC prices are showing signs of correction, down 15% from a record high of $ 1,600/ton in mid-April (up 28% compared to the beginning of the year, up 81% compared to the average price in 2020). ) to USD 1,360/ton (up 9% compared to the beginning of the year, up 54% compared to the average p...
Automotive Injection Molding and Extrusion Machine Vehicle Accessories Inc. acquired auto supplier Remington Global Inc. for an undisclosed price.
Remington is headquartered in Ooltewah, Tenn. manufactures floor protection products for automotive original equipment manufacturers. In a press release, VAI officials said Remingt...
According to the Customs Branch of Saigon Port Area 1 (HCMC Customs Department), updated to the end of November, Cat Lai port still has 2,408 containers in stock. Of which, 1,594 containers are scrap.