Plastic World

Chinaplas 2020 Canceled; Next Event to Be Held in Shenzhen in April 2021

Chinaplas 2020 Canceled; Next Event to Be Held in Shenzhen in April 2021

Updated on:28/04/2020

Following an initial postponement from April 21–24 to 3–6 August, 2020, Chinaplas organizers Adsale Exhibition Services have now announced a further postponement and change of venue to April 13–16, 2021, at the Shenzhen World Exhibition and Convention Center in Shenzhen, Guangdong Province, effectively canceling this year’s show in Shanghai.

Global PVC markets plunge after India extends lockdown

Global PVC markets plunge after India extends lockdown

Updated on:23/04/2020

The bearishness in global PVC markets has been reinforced by the news that India, the largest PVC importer worldwide, extended its lockdown until May 3. Import prices in most Asian markets have plunged to the lowest levels in more than a decade while Turkey and Egypt have seen the lowest price levels since 2016. Local PVC prices in Europe, meanwhile, are at around 5-year lows.

Spot PE plunges to new lows in Europe

Spot PE plunges to new lows in Europe

Updated on:20/04/2020

In Europe, initial April offers emerged with decreases smaller than that of ethylene, as was widely expected. Although the size of decreases varied depending on the grade, decreases of up to €100/ton were revealed in most cases. April drops pushed PE prices to new lows.

Plastic Film Market Outlook Remains Positive Despite Short-Term Impact of COVID-19

Plastic Film Market Outlook Remains Positive Despite Short-Term Impact of COVID-19

Updated on:16/04/2020

Plastic film is getting a lot of attention, as awareness grows of the need for safety in packaging. The U.S. stretch and film market, like the manufacturing sector overall, is seeing a major short-term impact, both in terms of sales and production during the ongoing pandemic, said the Freedonia Group’s latest study on the stretch and shrink film market.

Confusion over Vietnam lockdown drives local PE prices to fresh lows

Confusion over Vietnam lockdown drives local PE prices to fresh lows

Updated on:14/04/2020

Vietnam’s lockdown to combat the spread of COVID-19 has created confusion in the country’s polymer markets, with uncertainty pushing local PE prices to fresh lows.

Weekly Resin Report: Prices Continue to Spiral Down

Weekly Resin Report: Prices Continue to Spiral Down

Updated on:10/04/2020

Just like the world at large, the mood at the spot resin market last week is best characterized as nervous. There was a lot of quoting but not much buying, as many participants seemed to be probing the market for ideas of price and availability, reports the PlasticsExchange in its Market Update. Still, overall interest was active, which led to good completed volumes at the resin clearinghouse’s trading desk.

Saudi major announces April PP, PE prices with sizeable drops as lockdown ramps up

Saudi major announces April PP, PE prices with sizeable drops as lockdown ramps up

Updated on:08/04/2020

As the coronavirus pandemic continues to sweep across the world, many countries are responding with varying measures, including containment measures such as lockdowns, quarantines, and curfews. However, these widespread containment measures have not only worsened the supply constraints, but also the demand conditions.

European PET demand soars, will it alleviate cost pressure?

European PET demand soars, will it alleviate cost pressure?

Updated on:06/04/2020

In Europe, panic buying in the supermarkets boosted demand for PET applications during March. Still, feedstock costs have seen dramatic drops due to the unprecedented slide in the energy markets. Players are discussing the April outlook amid the opposing factors.

Ampacet’s Modern Mattes masterbatches for PET boast cost-effective and luxurious matte finish in one step.

Ampacet’s Modern Mattes masterbatches for PET boast cost-effective and luxurious matte finish in one step.

Updated on:03/04/2020

A new line of matte masterbatches for PET from Ampacet Corp., Tarrytown, N.Y., reportedly deliver the cost-effective impact brand owners demand, producing a luxurious matte finish in one step without spraying, dipping or bead blasting. Said to be well-suited to such applications as personal care, cosmetics, beverages, spirits, automotive, industrial and home care products, Modern Mattes color customization and matching are available for established brands.

Italy's polymer supply chain at risk from coronavirus outbreak

Italy's polymer supply chain at risk from coronavirus outbreak

Updated on:31/03/2020

New York — The supply of polymers into Italy could be disrupted as the Italian government's recent decision to implement stricter measures to limit the spread of the coronavirus outbreak is creates a challenge for logistics, sources say.

Graphite-embedded plastic kills 99.99% of bacteria on contact

Graphite-embedded plastic kills 99.99% of bacteria on contact

Updated on:27/03/2020

Plastic surfaces embedded with graphite nanoplatelets reportedly can prevent hospital-acquired infections (HAIs), killing 99.99% of bacteria that try to attach, according to research from Chalmers University of Technology in Sweden.

Weekly Resin Report: Periods of Calm Alternate with Feverish Activity, as Resin Markets Reckon with COVID-19

Weekly Resin Report: Periods of Calm Alternate with Feverish Activity, as Resin Markets Reckon with COVID-19

Updated on:25/03/2020

Nervous trading spread through the resin markets last week, as periods of calm alternated with bursts of activity. While some sellers fear that low upstream energy and feedstock costs will translate to sharply lower resin prices ahead, other market participants clawed for material, almost as if it were toilet paper at the supermarket, finding comfort in added resin inventory for their factory floors, reported the PlasticsExchange in its Market Update.