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Summer came to a close in North America with August price increases for polypropylene, polystyrene and PVC resins.
27
/09
/2021
Regional prices for polyethylene resins and PET bottle resin finished flat for the month, but a PE increase attempt didn't go down without a fight.
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.
LG steps up plastic recycling goals
11
/09
/2021
LG Electronics expects to dramatically increase use of recycled plastics during the next decade, with aggressive increases by both 2025 and 2030.
China, SEA PE markets continue uptrend under shadow of falling futures
18
/03
/2021
The post-holiday PE upturn in China and Southeast Asia has persisted for the third week in a row, supported by limited supplies, strong ethylene, and the fact that CFR China/SEA prices still lag behind other global markets. Meanwhile, the recent decline in LLDPE futures has raised caution among players. May LLDPE futures on Chi...
LyondellBasell may build world-scale chem-recycling unit in 6 years
11
/03
/2021
HOUSTON (ICIS)--LyondellBasell could start construction on a world-scale chemical recycling plant in the next five to six years, the CEO said on Tuesday. "My hope is over the next five, six years, we're in construction of a world-scale unit," said Bob Patel, LyondellBasell CEO. He made his comments during the World Petrochemica...
China domestic PS pullback threatens import uptrend in Asia
24
/03
/2021
Domestic PS offers in China have started to pull back amid increasing buying resistance and reduced feedstock cost support in a development that may spill over to import offers in Asia, according to market players. According to the weekly average data obtained, local offers in China for GPPS and HIPS injection have declined 1-4...
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...
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.
Will China’s focus on PP exports cushion the global run-up?
23
/03
/2021
