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European PS, ABS markets open 2022 with an uptrend
14
/01
/2022
The European spot polystyrene (PS) and acrylonitrile butadiene styrene (ABS) markets opened the new year with increased bids from manufacturers. The main factor driving the market is the increase in upstream costs. Previously, both PS and ABS prices fluctuated in tight ranges throughout November and December due to production gl...
Asian ABS markets continue downward trend on subdued demand
19
/03
/2020
ABS prices across China and Southeast Asia have been following a downward trend since early February mainly due to subdued demand amid the rapid spread of COVID-19 outbreak.
Compound company Dimex's acquisition of products in exchange for Westlake began growth with courtyard products.
04
/08
/2021
Houston-based Westlake Chemical Corp. will acquire the parent company of Dimex LLC, a Marietta, Ohio-based manufacturer of recycled compounds and products with approximately $100 million in annual sales.
Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
21
/07
/2020
According to data from ChemOrbis Import Statistics, China’s overall PP imports jumped 43.5% on a monthly basis in May to reach 617,255 tons. This indicates the highest monthly volume ever since ChemOrbis started compiling data in 2001.
LATEST NEWS: Saudi major announces Apr PE, PP offers to China - Dalian Futures Market: PP, LLDPE, MEG
28
/03
/2020
An agent of a major Saudi Arabian producer reported that their supplier announced its April PE offers to China with significant decreases from March while keeping PP offers steady.
Coronavirus pandemic takes toll on growth of global economies
06
/05
/2020
Global economies have been hit hard by the coronavirus pandemic, which rattled each and every sector all around the world and tampered with market dynamics in an unprecedented way.
Improving recycling at the curbside level
27
/07
/2021
As environmental groups, governments and the plastics industry work to ramp up more consumer recycling, they face a common problem: People tossing items in curbside recycling bins that simply can't be easily recycled.
Asian ABS hits new highs on shortness, robust buying
31
/08
/2020
The pace of gains in Asian ABS markets accelerated over the last week after the uptrend kicked off as of early August. Short supplies, robust demand in China and supportive costs pushed prices to new highs.
LLDPE draws weaker scene than other PE grades in China, SEA and Turkey
29
/08
/2020
