Plastic World

European players discuss what lies ahead for PVC after holidays

European players discuss what lies ahead for PVC after holidays

Updated on:22/04/2019

In Europe, April PVC deals were mostly closed with increases of €15/ton, which corresponds to the half of the hike in ethylene contracts, despite sellers’ larger hike attempts earlier in the month. Having secured their needs previously, buyers moved to the sidelines ahead of the Easter and bank holidays.

Vietnam’s local PP, PE markets resume firming; LLDPE fails to catch up

Vietnam’s local PP, PE markets resume firming; LLDPE fails to catch up

Updated on:18/04/2019

Local PP, HDPE and LDPE prices in Vietnam have resumed their firming path after a two-week break. Players pointed to firmer import offers as the main driver pushing the local market higher. LLDPE prices, on the other hand, have failed to catch up with the other products given ample overseas supplies.

Asian ABS sellers renew confidence in shadow of volatile styrene

Asian ABS sellers renew confidence in shadow of volatile styrene

Updated on:17/04/2019

Import ABS prices in China and Southeast Asia resumed their rising path last week after two weeks of declines. Strong crude oil futures encouraged sellers to adopt a firm stance although the ongoing fluctuations in the spot styrene market kept buyers cautious about making fresh purchases.

Engineering plastics: a growing recycling market

Engineering plastics: a growing recycling market

Updated on:11/04/2019

Plastics Recyclers Europe has published the strategy paper on the state of play of the technical plastic parts recycling.

Montreal researchers create plastic from lobster shells

Montreal researchers create plastic from lobster shells

Updated on:10/04/2019

McGill University researchers have developed a new chemical process that could turn lobster, shrimp, and crab shells into biodegradable plastic.

PVC expectations for May begin to take shape in Asia

PVC expectations for May begin to take shape in Asia

Updated on:08/04/2019

PVC players in Asia have started to voice their expectations regarding a major Taiwanese producer’s May pricing in the midst of gradually improving sentiment and surging crude oil futures. Wide expectations hint at rollovers while some players still believe in the possibility of seeing some further price cuts.

Top Five Plastics Business Stories of 2018

Top Five Plastics Business Stories of 2018

Updated on:04/04/2019

While work on the first issue of 2019 is well underway, we paused to see which Plastics Business articles caught the eyes of our readers in the last year. With archived stories going as far back as 2009, the website is a valuable resource, and the following stories were the top reads for visitors to the website in 2018.

 

Plastics Industry Association urges Trump not to close U.S.-Mexico border

Plastics Industry Association urges Trump not to close U.S.-Mexico border

Updated on:03/04/2019

The art of the deal? Maybe it should have been called the art of the bluff, because we haven’t seen many deals come to fruition, but we have seen plenty of posturing.

China’s total PE imports hit record high in Jan-Feb, contributing to supply length

China’s total PE imports hit record high in Jan-Feb, contributing to supply length

Updated on:03/04/2019

ChemOrbis Import Statistics suggest that China’s cumulative PE imports in the first two months of 2019 posted an annual increase of 23% to reach around 2.5 million tons, the highest figure in the statistics dating back to 2001. This added to the ongoing supply length inside the country.

A look back at China’s import polymer markets in Q1

A look back at China’s import polymer markets in Q1

Updated on:01/04/2019

As the end of the first quarter is near, ChemOrbis data suggest that PS and ABS prices in China’s import markets are closing the period higher than the early-year-levels. The gains in the PE market were only slight while PP prices failed to firm up. The PVC market, meanwhile, is ending the quarter lower.

98% of European plastics production covered by the OCS programme

98% of European plastics production covered by the OCS programme

Updated on:28/03/2019

Following the release of its first Operation Clean Sweep® (OCS) report in 2017, PlasticsEurop has made the OCS programme a top priority in 2018, setting new targets for its members as part of our Plastics 2030 Voluntary Commitment. The 2018 new report provides an overview of the latest OCS developments in Europe and identifies further improvements to prevent pellet loss.

Weekly resin report: PE prices drop, while PP prices see small increase

Weekly resin report: PE prices drop, while PP prices see small increase

Updated on:27/03/2019

The spot resin markets quieted down last week, with prices mixed and average volumes changing hands, reports the PlasticsExchange (Chicago) in its Market Update. Completed volumes were nearly split evenly between polyethylene (PE) and polypropylene (PP). In a minor reverse of trend, PE prices all dropped $0.005/lb, while PP prices finally saw an uptick, though only that same half-cent. Export demand continued to drive incremental sales, and last week, PP joined the party. Despite a (weak) price increase effort, PE contracts are rolling flat, as expected, and March PP contracts are expected to confirm a decrease of around $0.03/lb.