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Global shipping turmoil deepens, adding to the upheaval in plastic resins
22
/02
/2021
Polymer markets shoot up in a tumultuous climate, where the global shipping crisis has contributed to the soaring prices in major regions. Global supply chains, both upstream and downstream in the plastic resin industry, were disrupted amid production snarls, a shortage of containers and changing demand patterns triggered by the...
Vietnam's Plastics, Steel and Wood Industry Are Being Affected By The World's "Super Cyclone"
22
/03
/2021
In the past few months, the wood industry has experienced an average growth of 10%. Iron and steel increased by 30% while plastic prices also increased rapidly by 30-50%. It can be seen that the world price hike super cyclone is affecting Vietnam. Specifically, from the end of last year up to now, the price of iron and steel ha...
Berry sees ongoing growth in emerging markets
19
/08
/2021
When Berry Global Group Inc. changed its name in 2017, the move was designed to better represent how the company has grown since the 1980s from a single facility in Indiana.
Asian PS, ABS markets shoot up on production upsets, soaring styrene
08
/03
/2021
PS and ABS markets in China and Southeast Asia made a strong start to the post-holiday period, while the pace of gains accelerated over the past week. Production upsets in the cold-hit US Gulf Coast fueled concerns over availability and surging spot styrene markets added to the bullish run.
LDPE, PP prices hit all-time highs in Europe
16
/03
/2021
European producers sought hikes in March deals well beyond the monthly monomer upsurge on the back of a combination of intensifying tightness and robust demand. March marked the fifth straight month of hikes, while the pace of gains accelerated. All in all, PP and LDPE markets hit all-time highs.
Vaccine Situation & Employee Safety Facts at Biden
08
/11
/2021
Plasticraft Corp. is suing to block the Biden administration's COVID-19 vaccine and testing rule, saying it is within the discretion of the company and employees.
Fading demand forces PP, PE sellers to step back in Turkey
27
/03
/2021
Turkey’s import and local polyolefin markets have been facing growing pressure from waning buying appetite since last week. The majority of PP and PE consumers went to the sidelines after paying massive increases in February and early March to replenish their stocks.
Tight supply supports SEA import PP market at 5-year highs
09
/03
/2021
Import offers for PP in Southeast Asia stand at the highest since the last quarter of 2014. They are poised to remain supported in the near term due to tight supply, according to industry players.
Cause Of High But Unsustainable Global Container Shipping Charges
27
/02
/2021
