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What does China's self-sufficiency mean for the global PP market?
17
/08
/2022
Statistics show that China’s PP imports hit a 14-year low in the first half of this year while PP exports hit a near-record high. While China still imports more PP than it exports, the statistics clearly show that China is on the cusp of becoming self-sufficient and that the winds of change have begun to blow into global PP ma...
BILLION ASCENT OFFICIALLY BECOME A DISTRIBUTOR OF WANHUA PC PLASTIC Particles
09
/02
/2022
???? Billion Ascent Vietnam OFFICIALLY BECOME A DISTRIBUTOR OF WANHUA PC PRODUCTS???? Billion Ascent Vietnam is always ready to advise and support customers
Injection molder Tulip Richardson sold to Stryten Energy
13
/12
/2021
Battery manufacturer Stryten Energy LLC purchased one of its suppliers, Milwaukee's Tulip Richardson Manufacturing (TRM) injection molding machine. TRM manufactures products for the automotive, industrial lead-acid batteries and consumer markets. It also reprocesses polypropylene and manufactures high-density polyethylene rec...
Ups and downs of America Recycles Day
16
/11
/2021
Today is America Recycles Day, so we're giving you an all-recycling edition of Kickstart. Let's start granular. For those in the business of plastics recycling, there's good news in the form of higher prices for recycled resins, as documented in this Nov. 1 report from the Solid Waste Association of North America.
Oil fluctuates at the highest level in many years
15
/11
/2021
After trading just below multi-year highs on Friday, crude oil prices edged higher last week. The pre-weekend rally extended into Monday and hit multi-year highs in intraday trading. The bullish sentiment due to tight global supply and increased fuel demand in the US and Asia supported the global benchmark oils.
Outages reduce supply in Indian PE market, will this attract Chinese shipments?
12
/04
/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.
European PS market dissipates before major price spikes, ABS sees prices unchanged
18
/07
/2022
The styrene market in Europe was disrupted by a fresh increase in the settlement price of styrene and benzene in July. PS quotes came out with strong gains, while ABS saw prices either flat or up slightly. because of weak demand. Market participants discuss what lies ahead, as sentiment gets stuck between strong costs and weak f...
All eyes are on China for the lifting of restrictions: Bumpy recovery path for PP, PE and PVC across Asia
27
/06
/2022
Shanghai, not only China's largest city with a population of about 25 million people but also an important financial, manufacturing and shipping hub, has ended its two-month anti-Covid-19 blockade since the beginning of the year. from June 1 while anti-pandemic measures are also eased in the capital Beijing. This was done despit...
PP, PE prices in July to China, Southeast Asia signal a stronger downtrend in the near future
12
/07
/2022
