Plastic World

Asian spot propylene regains premium over ethylene for first time since 2013

Asian spot propylene regains premium over ethylene for first time since 2013

Updated on:17/10/2018

In Asia, spot propylene prices have moved above spot ethylene prices for the first time in almost five years. The weekly average of spot propylene prices on FOB Korea basis gained premium of around $30/ton over ethylene.

Import LDPE, LLDPE prices almost back at par with ethylene in China

Import LDPE, LLDPE prices almost back at par with ethylene in China

Updated on:15/10/2018

According to data from ChemOrbis Price Index, import LDPE and LLDPE film prices in China are currently trading close to par with spot ethylene, a situation that last occurred in around mid-May of this year. 

Spot ethylene prices on CFR Far East Asia basis traded with an average premium of around $185/ton over LDPE and LLDPE film prices on CFR China basis during the May-September period. However, this unbalanced premium has recently decreased to around $5-10/ton as ethylene prices in Asia have witnessed sizeable decreases since the end of August, hitting a 15-month low recently.

Mistakes injection molders keep making, and how to correct them

Mistakes injection molders keep making, and how to correct them

Updated on:02/10/2018

Silos are good for storing grain or harboring missiles, but they are less than helpful, metaphorically speaking, in a plastics processing environment. Unfortunately, too many injection molding companies apply a silo model to the workplace, leading them to make the same mistakes over and over again. That is the thesis of Suhas Kulkarni, President of FimmTech (Carlsbad, CA), a company that provides training on scientific molding and scientific processing techniques and consultancy services. He will be leading a session titled, Injection Molding: We Keep Making the Same Mistakes, at next month’s co-located PLASTEC and Medical Design & Manufacturing (MD&M) event in Minneapolis. The topic piqued my interest, and Kulkarni was kind enough to elaborate during a phone interview.

 

TPE production moving from Asia to North America

TPE production moving from Asia to North America

Updated on:27/09/2018

Fairlawn, Ohio — The global thermoplastic elastomer market is "at a change point" in 2018, with the supply chain shifting from Asia and Europe to North America, according to industry consultant Robert Eller.

As China trade fight escalates, industry sees concerns, gains

As China trade fight escalates, industry sees concerns, gains

Updated on:20/09/2018

Washington — U.S. plastics and chemical associations reacted with growing concern to President Donald Trump's Sept. 17 announcement of major new tariffs on Chinese imports. But for some plastics companies in the packaging and vinyl flooring sectors, the news could be a victory.

Weekly resin report: Spot market ends strong month with slight lull in trading

Weekly resin report: Spot market ends strong month with slight lull in trading

Updated on:06/09/2018

Activity in the spot resin markets slowed down the final week of August, though there were some good spurts that helped solidify a strong month in terms of trading and volume, reports the PlasticsExchange (Chicago) in its Market Update. There was a good flow of month-end resin offers, but activity dried up on Friday, Aug. 31, as many market participants took early leave for an extended holiday weekend.

Kroger to phase out single-use plastic bags by 2025

Kroger to phase out single-use plastic bags by 2025

Updated on:04/09/2018

Cincinnati — The Kroger Co. announced Aug. 23 that it will phase out single-use plastic bags and transition to reusable bags across all its grocery store brands by 2025.

Frost & Sullivan reveals adoption of composite-grade HPPs to reach over $3 billion by 2024  Polystyvert launches the world’s first polystyrene dissolution recycling plant in Canada

Frost & Sullivan reveals adoption of composite-grade HPPs to reach over $3 billion by 2024 Polystyvert launches the world’s first polystyrene dissolution recycling plant in Canada

Updated on:27/08/2018

Polystyvert has opened the world’s first polystyrene (PS) dissolution recycling plant.  

The plant, located in Montreal’s Anjou industrial park, Canada will be able to recycle up to 600 tonnes of PS a year, at a production rate of 125 kg/h.

The company says this is a major step forward for the cleantech start-up, demonstrating success in scaling up its technology and opening the door to global marketing.

Weekly resin report: China’s chilling effect on spot PE prices

Weekly resin report: China’s chilling effect on spot PE prices

Updated on:25/08/2018

The spot resin markets finally chilled from their hectic pace, as the pending Chinese tariffs on U.S. polyethylene (PE) and polypropylene (PP) resins have begun to turn U.S. market sentiment negative, particularly for PE. Another down week in the crude oil markets has only added to this feeling, reports the PlasticsExchange (Chicago) in its Market Update.

Future of Polyolefins Summit 2019

Future of Polyolefins Summit 2019

Updated on:24/08/2018

Following the success of its previous editions, ACI’s 7th edition of the Future of Polyolefins Summit will be taking place in Antwerp, Belgium on the 16th & 17th January 2019.

RPC bpi recycled products sharpens its focus on sustainability

RPC bpi recycled products sharpens its focus on sustainability

Updated on:23/08/2018

RPC bpi recycled products has given a major boost to UK recycling and sustainability by acquiring the nation's leading recycler of rigid plastics, PLASgran Ltd.

BIODEGRADABLE FILMS AND NETS FOR VEGETABLES

BIODEGRADABLE FILMS AND NETS FOR VEGETABLES

Updated on:23/08/2018

The project BIOVEGE, in which AIMPLAS participates, has resulted in new biodegradable films and nets for horticultural products and food colourants and additives from waste coming from products harvested in the field of Almería.

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