News

LATEST NEWS: Saudi Arabian PP raffia breaks below $900 CFR in Turkey

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2020

Turkey’s import PP market continue to move south as new April offers started to emerge with a new series of drops.

Good news for plastic businesses

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2020

According to the Vietnam Plastics Association (VPA), after receiving the VPA's petition, the Ministry of Finance submitted a report to the Government proposing not to increase the PP plastic material tax from 3% to 5% as a few month ago.

Local PP prices in Vietnam slide further; import market almost at standstill

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2020

In Vietnam, local PP prices have continued to slide this week as muted demand keeps the market under pressure. The import market, meanwhile, has been almost at a standstill since major suppliers have withdrawn their offers to gauge the impact of the crude oil slump.

Chương tiếp theo của khủng hoảng dầu là gì?

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2020

Giá dầu âm và những con tàu đầy dầu lang thang trên biển đẩy ngành công nghiệp này chuyển sang giai đoạn dừng hoạt động hàng loạt.Covid-19 đã xé toạc ngành công nghiệp dầu mỏ với nhiều sự kiện xuất hiện lần đầu trong lịch sử.

Chương tiếp theo của khủng hoảng dầu là gì?

Overseas sellers hike PP offers to Vietnam despite lack of demand

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2020

In Vietnam, several overseas sellers approached the market with higher PP prices this week despite the fact that demand was still absent given the ongoing COVID-19 lockdown.

Sabic and Plastic Energy Start Construction of Circular Polymers Plant

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2021

Chemicals company Sabic has partnered with Plastic Energy, a pioneer in chemical plastics recycling, to start engineering and construction of the first commercial unit to produce its flagship certified circular polymers, part of the TruCircle portfolio

Sabic and Plastic Energy Start Construction of Circular Polymers Plant

Turkey shattered as PP prices shoot up to surreal levels

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2021

PP prices have rallied unprecedentedly in the last two weeks, appalling many players in Turkey. Steep increases coupled with robust demand in Europe and America lighted the touch paper while a wave of production issues exacerbated the severity scale of the run-up.

Vietnam’s local homo-PP market climbs to three-month high on tightness

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2020

According to ChemOrbis Price Index, the local homo-PP market has been steadily increasing for the fifth week to hit highest levels since early March mainly with support from tight availability.

Vietnam’s local homo-PP market climbs to three-month high on tightness

Fire at PRefchem’s Pengerang complex in Malaysia

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2020

Malaysia’s Pengerang Refining and Petrochemical (PRefchem) has confirmed that a fire and explosion broke out at its complex in the southern state of Johor on Sunday night.