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CP Chem will increase the output of raw materials for PE production.
25
/05
/2021
Chevron Phillips Chemical Company plans to build a new manufacturing plant to add nearly 600 million pounds of alkenes in the town of Old Ocean, Texas.
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.
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.
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.
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.
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.
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.
Detergent pods face new scrutiny
29
/07
/2021
