News

Aduro, Switch focus on recycling agricultural plastics

Aduro, Switch focus on recycling agricultural plastics

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2021

Chemical recycler Aduro Clean Technologies Inc. and Ontario-based recycler Switch Energy Corp. will build a pilot plant in Sarnia, Ontario, to recover polyethylene and polypropylene used in agriculture.

Outages reduce supply in Indian PE market, will this attract Chinese shipments?

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2022

Traders say a series of shutdowns in India has provided an opportunity for Chinese PE exporters, at a time when China's surplus imports are awaiting new markets. . Chinese sellers have increased their focus on re-exporting PE to Southeast Asia to ease their inventory pressure.

Outages reduce supply in Indian PE market, will this attract Chinese shipments?
BILLION ASCENT OFFICIALLY BECOME A DISTRIBUTOR OF WANHUA PC PLASTIC Particles

BILLION ASCENT OFFICIALLY BECOME A DISTRIBUTOR OF WANHUA PC PLASTIC Particles

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2022

???? Billion Ascent Vietnam OFFICIALLY BECOME A DISTRIBUTOR OF WANHUA PC PRODUCTS???? Billion Ascent Vietnam is always ready to advise and support customers

PP, PE prices in July to China, Southeast Asia signal a stronger downtrend in the near future

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2022

Several regional and foreign suppliers have announced July PP and PE prices for China and Southeast Asia mostly at lower levels this week. Weak demand in China as uncertainty over the pandemic persists, has been a major factor pulling prices down in the region.

PP, PE prices in July to China, Southeast Asia signal a stronger downtrend in the near future
Türkiye's PP, PE and PVC markets closed May with a bearish trend, what will happen next?

Türkiye's PP, PE and PVC markets closed May with a bearish trend, what will happen next?

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2022

PP, PVC and PE prices continued to decline as the end of May approached. Markets are poised to end the month on a bearish note, driven by weak demand due to inflationary pressures as well as tight liquidity. Meanwhile, market participants have begun to focus on the June outlook.

Egyptian polyolefin market assesses impact of new import rules

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2022

The decision of the Central Bank of Egypt to revoke a regulation requiring importers to obtain a letter of credit (L/C) has been welcomed by market participants in an effort to improve supply. However, most market participants remain cautious given the challenging macroeconomic environment in Egypt.

Egyptian polyolefin market assesses impact of new import rules
PP prices in Vietnam boosted by bullish overseas markets, improved demand outlook

PP prices in Vietnam boosted by bullish overseas markets, improved demand outlook

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2021

In Vietnam, import PP prices have been going up in the past two weeks after a stable month. This is due to the bullish trend in the Chinese PP market because of the energy cuts of the country.

PP prices fell for two consecutive weeks

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2021

After a strong rally after the National Day holiday, both local and import PP prices reversed course over the past week as Dalian futures prices fell and have continued to trend lower since then.

PP prices fell for two consecutive weeks
Statistics: China's first quarter PE imports recover from the lowest level in the past 4 years

Statistics: China's first quarter PE imports recover from the lowest level in the past 4 years

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2022

Data from ChemOrbis Import Statistics shows that China's cumulative PE imports in the first quarter of 2022 increased by 7.3% year-on-year, reaching around 3.5 million tonnes. The Q4 2021 volume shows the lowest quarterly figure in import statistics since the last quarter of 2017.

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