News

The return of US PE puts pressure on prices in global markets

The return of US PE puts pressure on prices in global markets

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2021

Major global markets including Southeast Asia, Turkey and Europe have recently received more US PE quotes after a long absence. This is the end to the inventory build-up in the US, a year-end lull, and the Omicron variant putting additional strain on demand. The traditional year-end stock clearance from the US has not been po...

Bullish trend spreads in Indian PP, PE market due to production issues

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2022

PP and PE prices have been increasing steadily since the beginning of January in India. Stronger buying momentum due to continued growth in upstream markets has continued to push import PP and PE prices higher in India, while technical and maintenance issues have further supported. for the recent uptrend.

Bullish trend spreads in Indian PP, PE market due to production issues
Italy's spot PP market slips due to weak demand, North West Europe has not followed the same trend

Italy's spot PP market slips due to weak demand, North West Europe has not followed the same trend

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2021

In Italy, the spot PP market slipped after a cost-led rally in November. PP buyers have started to receive December quotes at flat or slightly lower levels as sellers cited reasons. due to weak demand at year-end as well as buying resistance. Up to this point, initial quotes in Western Europe have mostly been paced by a steady p...

European PE market is under pressure from increased supply

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2022

January PE prices in Europe have appeared flat or down from the previous month. While the delayed arrival of US goods has helped regional suppliers to some extent, the growing supply due to higher import supplies and low demand has particularly put pressure on commodities. LDPE and HDPE.

European PE market is under pressure from increased supply
​The largest export of plastic sheets, slabs and films in the first 9 months of 2021

​The largest export of plastic sheets, slabs and films in the first 9 months of 2021

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2021

With export turnover growing strongly in the first 9 months of 2021, plastic sheets, sheets and films replacing plastic bags become Vietnam's largest export plastic products in the first 9 months of 2021, with a turnover of 796 $1.1 million, accounting for 21.2% of the total export turnover of plastic products. Compared to the s...

19 products have been certified with environmentally friendly plastic bags

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2022

According to the General Department of Environment (Ministry of Natural Resources and Environment), there are currently 19 products that have been granted certificates of environmentally friendly plastic bags, valid until the end of 2021 or 2022 and 2023.

19 products have been certified with environmentally friendly plastic bags
Focus on recycled content prompts search for the best way to hit targets 

Focus on recycled content prompts search for the best way to hit targets 

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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.

Honeywell supplies chemically recycled materials to TotalEnergies

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2022

Companies see this as the next step towards a better plastic market France-based chemical company TotalEnergies and Honeywell International Inc. US-based company has signed a strategic agreement that will see Honeywell supply TotalEnergies with materials derived from the chemical recycling of waste plastic.

Honeywell supplies chemically recycled materials to TotalEnergies
Vehicle accessories buy carpet manufacturer Remington Global

Vehicle accessories buy carpet manufacturer Remington Global

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2022

Automotive Injection Molding and Extrusion Machine Vehicle Accessories Inc. acquired auto supplier Remington Global Inc. for an undisclosed price. Remington is headquartered in Ooltewah, Tenn. manufactures floor protection products for automotive original equipment manufacturers. In a press release, VAI officials said Remingt...

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