Plastic World

European ABS rebounds from 3-year low

European ABS rebounds from 3-year low

Updated on:18/03/2019

In Europe, ABS suppliers approached the market with increases exceeding the monthly styrene hike of €60/ton for March in an attempt to improve their margins. However, they have had to trim their hike request upon apathetic buy interest.

Global thermoform packaging market growing 5.9% yearly

Global thermoform packaging market growing 5.9% yearly

Updated on:15/03/2019

Ideal for packaging of both consumable and non-consumable products, and the thermoforms market is flourishing. According to a business intelligence study from Transparency Market Research (Albany, NY), the demand in the global thermoform packaging market will expand at a CAGR of 5.9% during the forecast period of 2017 to 2024. Revenue-wise, the opportunities in this market are estimated to be worth $57.6 billion by the end of 2024.

Asian ethylene slumps on supply glut

Asian ethylene slumps on supply glut

Updated on:11/03/2019

Spot ethylene prices in Asia have followed a bearish path since their peak in mid-February. Beforehand, they displayed a month-long rally and hit their highest levels not seen since October 2018.

Ebbing demand in India weighs on April PVC outlook

Ebbing demand in India weighs on April PVC outlook

Updated on:08/03/2019

According to data from ChemOrbis Price Index, India’s import PVC market has been softening since the weekly average of prices stabilized at around a six-month high three weeks ago. Declining demand has put downward pressure on prices ahead of April discussions.

AR PACKAGING LAUNCHES FIRST PRESSED BOARD TRAY CONCEPT FOR MAP

AR PACKAGING LAUNCHES FIRST PRESSED BOARD TRAY CONCEPT FOR MAP

Updated on:05/03/2019

AR Packaging has presented a gas tight pressed board tray packaging for chilled foods as a replacement of plastic trays, which the company says is the first on the market and offers an efficient solution well suited for giving a shelf life of at least 18 days.

 

Firmer March expectations reinforced in Europe’s PE markets

Firmer March expectations reinforced in Europe’s PE markets

Updated on:04/03/2019

In Europe, firm expectations for March PE prices have been buttressed by the recent ethylene contract despite unsupportive fundamentals. Players are now waiting to receive fresh March offers higher.

March PE hikes draw cautious response from buyers in China

March PE hikes draw cautious response from buyers in China

Updated on:01/03/2019

In China, PE players have received March offers from the Middle East with increases over the past two weeks in line with the cautiously firming trend. However, traders reported that buyers were not in a rush to secure fresh cargoes since most of them had replenished sufficient stocks before the Chinese New Year holiday.

NOW PLASTICS TARGETS EUROPE WITH 60 TO 90% PCR PET FILMS

NOW PLASTICS TARGETS EUROPE WITH 60 TO 90% PCR PET FILMS

Updated on:28/02/2019

Now Plastics, suppliers of films and aluminum foil, is now targeting European markets with a line of films made from 60 to 90 per cent PCR PET resin.

Local PP prices extend uptrend in Vietnam despite limited demand

Local PP prices extend uptrend in Vietnam despite limited demand

Updated on:27/02/2019

Vietnam’s local homo-PP market has continued to witness increases, with suppliers preserving their firm stance although buying activities in the post-Tet holiday period remain limited.

Sentiment cautiously improves in Turkey’s polyolefin markets

Sentiment cautiously improves in Turkey’s polyolefin markets

Updated on:14/02/2019

More PP and PE players are now convinced that import prices have bottomed out. Prices have already given signals of a recovery amid better buying interest for certain products, although buyers are taking this recently improved sentiment with a pinch of salt given mild demand in their end markets.

Europe’s ABS market looks for direction after nearing 3-year low

Europe’s ABS market looks for direction after nearing 3-year low

Updated on:28/01/2019

In Europe, ABS players started to discuss about the February outlook amid divergent market drivers after they closed January deals with rollovers to moderate decreases.

3D printing elbowing its way into production space will be a big story in 2019

3D printing elbowing its way into production space will be a big story in 2019

Updated on:22/01/2019

“Speed, reliability, and material science have combined to get folks to think of 3D printing as a viable solution for end use parts and not just prototyping and tooling,” Cullen Hilkene, CEO of 3Diligent (El Segundo, CA), a digital manufacturing services provider, told PlasticsToday in a recent interview. “In 2017, we saw some big announcements by newer kids on the block—HP and Carbon—that kicked the rest of industry into gear with regards to embracing additive production. The move into production and some penetration of the market is the big story line I see for 3D printing heading into 2019. We are beginning to see some real use cases of polymer additive in a production capacity,” said Hilkene.