News

Honeywell supplies chemically recycled materials to TotalEnergies

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.

Cat Lai Port still has a backlog of nearly 1,600 containers of scrap

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According to the Customs Branch of Saigon Port Area 1 (HCMC Customs Department), updated to the end of November, Cat Lai port still has 2,408 containers in stock. Of which, 1,594 containers are scrap.

Cat Lai Port still has a backlog of nearly 1,600 containers of scrap
Oldcastle adds PVC to offering with National Pipe acquisition

Oldcastle adds PVC to offering with National Pipe acquisition

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2021

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

Supply improvements finally providing some relief for PE buyers

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2021

North American polyethylene prices declined by an average of 5 cents per pound in November as improving supplies caught up with demand for the material. PE prices in the region also had dropped 5 cents in October. The October decline was the first seen in the PE market in 17 months. Prices had surged since early 2020 as a res...

Supply improvements finally providing some relief for PE buyers
Plastic businesses are struggling because of the high price of raw materials, the

Plastic businesses are struggling because of the high price of raw materials, the "big man" is taking advantage of more market share

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2021

According to information on Bloomberg, PVC prices are showing signs of correction, down 15% from a record high of $ 1,600/ton in mid-April (up 28% compared to the beginning of the year, up 81% compared to the average price in 2020). ) to USD 1,360/ton (up 9% compared to the beginning of the year, up 54% compared to the average p...

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.

Canada plastics pact members have ‘eyes wide open' on costs to go green
Asian ABS market closes 2021 on a downward trend

Asian ABS market closes 2021 on a downward trend

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2022

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.

Circulus aims to be a major LDPE film recycler

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2021

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

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

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2021

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.

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