BILLION ASCENT INDUSTRIAL LTD
Provide Exellent Service and Create First-Class BenefitNews
Packaging giant Berry aims for more organic growth
16
/08
/2021
There was a time when Berry Global Group Inc. relied on acquisitions as a key way to help fuel growth into a multibillion-dollar company.
ExxonMobil to cut 7% of Singapore workforce, cites 'unprecedented conditions'
04
/03
/2021
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.
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.
Will China’s focus on PP exports cushion the global run-up?
23
/03
/2021
Chinese PP offers have shown up recently in Vietnam, Turkey and Europe, players reported. This is the consequence of Chinese producers’ willingness to take advantage of arbitrage opportunities emanating from sharper increases in these markets, although they are not necessarily at aggressive levels.
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.
Berry sees ongoing growth in emerging markets
19
/08
/2021
When Berry Global Group Inc. changed its name in 2017, the move was designed to better represent how the company has grown since the 1980s from a single facility in Indiana.
Pace of PP, PE hikes in China and SE Asia slackens
25
/03
/2021
The polyolefin upturn in China and Southeast Asia has stretched into the fourth week after the Lunar New Year holidays. Although persisting supply limitations support import prices at high levels, the pace of gains has slackened this week amid mixed buying sentiment. Converters in both China and Southeast Asia were reluctant to...
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...
The price of virgin plastic beads heats up in September, with the price of recycled materials increasing
04
/09
/2021
