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Sept expectations voiced in Europe; ABS draws rosier picture than PS
09
/09
/2020
After closing August on a stable to slightly firmer note, PS and ABS markets grew silent ahead of September monomer contracts in Europe. PS expectations call for a stable to softer trend, while the ABS outlook seems to be more promising amid limited imports and regional supply restrictions.
Anti-Plastics Bill Would ‘Devastate’ Manufacturing, US Economy, According to Plastics Industry Association
26
/03
/2021
The bill, re-introduced this week in the Senate, targets the use of plastics in a variety of applications, and would, in fact, incentivize the production of less energy-efficient materials.
Vietnam’s local homo-PP market retreats for 3rd week on subdued demand
15
/01
/2021
In Vietnam, local homo-PP prices have been witnessing reductions since after the market hit a more-than-two-year high in mid-December while waning demand is the main driver of this downturn. Two factors have weighed on buying interest recently: softening sentiment in China and reduced end-product manufacturing at home.
Vietnam plastic industry and the problem depends on raw materials
10
/03
/2021
The plastic industry is benefiting from the overall growth of the economy as well as the plastic consuming industries such as real estate - construction, food and non-food. However, this industry is also facing many difficulties, most of which is in raw materials.
Asian PS, ABS markets witness further losses on year-end lull
29
/12
/2020
Styrenic prices in Asia reversed course around early December. Waning demand and fading support from feedstocks started to exert a pressure on markets in China and Southeast Asia. Priorly, mostly an uptrend had held sway over the markets from May to November.
Turkey PP and PE regain premium over China
09
/10
/2020
Polyolefins in Turkey preserved their firm footing moving into October. Higher price goals counted on a lack of stock pressure on the side of Middle Eastern suppliers rather than a bright buying sentiment. Nonetheless, LDPE apparently fell short of this cautious firming.
Asahi Kasei developing composites for battery covers, other EV products
06
/07
/2021
As electric vehicle sales increase and plastic continues to displace steel and aluminum in vehicle manufacturing, multimaterial products with electromagnetic shielding and flame retardancy from a mix of plastics with metal alloys are expected to become more popular.
Turkey PP, PE markets extending uptrend into December
08
/12
/2020
Polyolefin markets of Turkey were influenced by bullish factors during the last days of November. New PP and PE hikes by suppliers are on the near horizon despite the fact that the COVID-19 pandemic roared back and caused partial restrictions across the board.
What you need to know about plastics policy
04
/10
/2021
