News

Oldcastle adds PVC to offering with National Pipe acquisition

Oldcastle adds PVC to offering with National Pipe acquisition

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Oldcastle Infrastructure Inc. is adding plastics to its portfolio with the strategic acquisition of National Pipe & Plastics Inc.

‘Deluge of plastic waste’: US is world’s biggest plastic polluter

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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.

‘Deluge of plastic waste’: US is world’s biggest plastic polluter
Canada plastics pact members have ‘eyes wide open' on costs to go green

Canada plastics pact members have ‘eyes wide open' on costs to go green

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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

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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.

Asian ABS market closes 2021 on a downward trend
ExxonMobil to cut 7% of Singapore workforce, cites 'unprecedented conditions'

ExxonMobil to cut 7% of Singapore workforce, cites 'unprecedented conditions'

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SINGAPORE: ExxonMobil said on Tuesday (Mar 2) it will cut about 7 per cent of its workforce in Singapore, as "unprecedented market conditions" due to the COVID-19 pandemic accelerate ongoing reorganisation.

Avient finds sustainable answers for customers

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Avient Corp. has been busy in 2021 commercializing new products that are sustainable while meeting customer needs. Earlier this year, Avon Lake, Ohio-based Avient debuted Rejoin-brand post-consumer masterbatch colorants for polyolefin packaging. The colorants are made with post-consumer polyolefin as a carrier resin.

Avient finds sustainable answers for customers
Vietnam's Plastics, Steel and Wood Industry Are Being Affected By The World's

Vietnam's Plastics, Steel and Wood Industry Are Being Affected By The World's "Super Cyclone"

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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...

Circulus aims to be a major LDPE film recycler

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For Circulus Holdings PBLLC, the company's approach is literally in the name. With one low-density polyethylene film recycling facility recently opening in California, the Houston-based company not only wants to make a difference in plastic recycling but also wants to impact lives along the way.

Circulus aims to be a major LDPE film recycler
Limited demand caused PP, PE prices to fall deeper in June in the market

Limited demand caused PP, PE prices to fall deeper in June in the market

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2021

Due to China's change in imports of Polyolefins, a sharp decline since mid-March. This price drop is attributed to limited demand due to off-season, lower Dalian futures prices, and pressure from domestic price downward trend affecting PP and PE prices, there is a risk of a decrease this June.

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