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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.
SEA PE uptrend intact, yet increases capped by reduced demand
23
/07
/2020
Import PE prices in Southeast Asia have extended their gains into the eleventh consecutive week as tight availability continues to support the upward trend. Regional and overseas suppliers approached the market with further increases this week, yet they confirmed that buyers’ resistance was still in place and keeping hike amou...
BREAKING NEWS: US oil plunges below zero for first time ahead of expiry
21
/04
/2020
A day ahead of expiry, May contract for the US oil benchmark West Texas Intermediate (WTI) on NYMEX collapsed to below zero for the first time ever on Monday amid an oversupplied market and a sharp contraction in oil demand caused by the coronavirus pandemic.
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.
LLDPE draws weaker scene than other PE grades in China, SEA and Turkey
29
/08
/2020
Tightness propped up LDPE and HDPE film prices despite waning demand in Asian markets, while LLDPE yielded to weak demand. In Turkey, ample supplies were also blamed for the weakness of LLDPE.
Detergent pods face new scrutiny
29
/07
/2021
The American Cleaning Institute is fighting back against a report claiming that the film on detergent pods are contributing to pollution.
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.
Downstream operations slacken amid virus-hit logistics, low demand in Europe
30
/03
/2020
With Europe becoming the new epicenter of the COVID-19 pandemic, run cuts or closures at downstream plants have been on the agenda. Meanwhile, rising freight rates amid a shortage of containers and increased checks at borders indicate that supply chain disruptions lurk around the corner.
Global oil and petchem revenues hit by challenging market environment
14
/08
/2020
