News

September PE quotes for Southeast Asia tend to reverse due to demand impacted by Covid

September PE quotes for Southeast Asia tend to reverse due to demand impacted by Covid

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2021

PE prices in Southeast Asia went up from mid-June to late-July. However, since the beginning of August, a steady trend has permeated the market due to a combination of mixed factors including demand. End-consumer demand continues to weaken, freight rates are high, and supply decreases due to lower plant operating capacity.

Competition will heat up in the European PE market in 2022

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2021

Saudi Arabia shifts focus to PE exports to Western Europe China's main PE suppliers are located in the Middle East and are Saudi Arabia, Iran, UAE and Qatar. All are subject to a drop in exports to China in 2021. Saudi Arabia, which is capable of exporting more than 9 million tonnes of PE per year, has faced a 22% drop in exp...

Competition will heat up in the European PE market in 2022
Canadian fuel cell polymer maker expands

Canadian fuel cell polymer maker expands

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2022

A Canadian maker of specialty polymers and ion-exchange membranes for hydrogen fuel cells is setting up a research center in Rochester, N.Y.

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

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2021

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
Supply improvements finally providing some relief for PE buyers

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...

China supply chain under huge pressure of raw material costs

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2021

China's factories, power plants and farms are under enormous pressure from the rising cost of raw materials, while the Chinese people's pockets have not been affected too much.

China supply chain under huge pressure of raw material costs
Vaccine Situation & Employee Safety Facts at Biden

Vaccine Situation & Employee Safety Facts at Biden

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2021

Plasticraft Corp. is suing to block the Biden administration's COVID-19 vaccine and testing rule, saying it is within the discretion of the company and employees.

Teel Plastics wins $4.65M DOD grant to boost COVID-19 swabs capacity

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2021

The U.S. Department of Defense is once again giving Teel Plastics LLC funds to boost domestic production of COVID-19 swabs. Baraboo, Wis.-based Teel announced Nov. 18 that it was awarded a $4.65 million firm-fixed price contract to expand production capacity of extruded swab sticks.

Teel Plastics wins $4.65M DOD grant to boost COVID-19 swabs capacity
10 F0 things to do when quarantined at home

10 F0 things to do when quarantined at home

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2021

10 F0 things to do when quarantined at home According to the instructions on the home health care package for F0 people (version 1.6) issued with Official Letter 8728/SYT-NVY of the Ho Chi Minh City Department of Health, when isolating at home, F0 needs to do the following

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