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Competition will heat up in the European PE market in 2022
30
/12
/2021
Saudi Arabia shifts focus to PE exports to Western Europe China's main PE suppliers are located in the Middle East and are Saudi Arabia, Iran, UAE and Qatar. All are subject to a drop in exports to China in 2021. Saudi Arabia, which is capable of exporting more than 9 million tonnes of PE per year, has faced a 22% drop in exp...
Focus on recycled content prompts search for the best way to hit targets
12
/01
/2022
Focus on recycled content prompts search for the best way to hit targets One thing that gets wide agreement now in the plastics waste debate — from American Chemistry Council policy papers to the Break Free from Plastic Pollution Act in Congress — is that the U.S. needs more government mandates for recycled content.
Supply improvements finally providing some relief for PE buyers
06
/12
/2021
North American polyethylene prices declined by an average of 5 cents per pound in November as improving supplies caught up with demand for the material. PE prices in the region also had dropped 5 cents in October. The October decline was the first seen in the PE market in 17 months. Prices had surged since early 2020 as a res...
Cat Lai Port still has a backlog of nearly 1,600 containers of scrap
17
/12
/2021
According to the Customs Branch of Saigon Port Area 1 (HCMC Customs Department), updated to the end of November, Cat Lai port still has 2,408 containers in stock. Of which, 1,594 containers are scrap.
Oldcastle adds PVC to offering with National Pipe acquisition
05
/10
/2021
Oldcastle Infrastructure Inc. is adding plastics to its portfolio with the strategic acquisition of National Pipe & Plastics Inc.
Canada plastics pact members have ‘eyes wide open' on costs to go green
26
/10
/2021
Canada recycles just 12 percent of its plastic packaging — about 21 percent of its rigid containers but only 1 percent of its flexible packaging. A new plan released Oct. 21 from some major consumer product companies and other groups, however, hopes to change that.
Asian ABS market closes 2021 on a downward trend
04
/01
/2022
The Asian ABS market has mostly tended to slide since around mid-September if not for occasional price spikes. A combination of bearish factors including increased supply, low season, and falling spot styrene prices maintained the downward momentum in the fourth quarter of 2021.
‘Deluge of plastic waste’: US is world’s biggest plastic polluter
02
/12
/2021
The US is the world’s biggest culprit in generating plastic waste and the country urgently needs a new strategy to curb the vast amount of plastic that ends up in the oceans, a new report submitted to the federal government has found.
Circulus aims to be a major LDPE film recycler
18
/11
/2021
