Environment Recycling News 3NRG recycles or reuses 95 percent of solid waste April 4, 2009 by plasticsinfomart 3NRG has become the first company in the UK to acquire the necessary regulatory licences to operate an integrated mechanical heat treatment with power plant at Tythegston, Bridgend in Wales which will generate enough electricity to supply its own needs and that of approximately 4000 homes. Employing a unique combination of steam treatment of solid […] Read more »
Market News U.S.market weekly review 27-mar-09 to 3-apr-09 April 4, 2009 by plasticsinfomart The ethylene spot market traded lower this week while the propylene spot market was higher. NGLs were mostly lower and benzene was range-bound. Spot resin prices moves higher as inventories dwindled and demand picked up both domestically and internationally. OLEFINSSpot ethylene prices slid this week. April traded Tuesday at 24.125 cpp in the Equistar […] Read more »
Market News U.S market 3-Apr-2009 April 4, 2009 by plasticsinfomart TODAY IN THE MARKETS:Refinery grade propylene traded lower Friday and ethylene traded once on an index basis. NGLs and energies were mixed. Spot resin trading was active as domestic and export demand persisted. April RGP traded at 22 cpp and 22.625 cpp for confirmed pipeline delivery. This is down from a Thursday deal done […] Read more »
End Markets Processes Haitian chooses IMG for Italy April 3, 2009 by plasticsinfomart Industrie Meccaniche Generali has been given the agency for sale of the Chinese injection moulding machines in the Italian market. The contract involves sales and technical service for the entire range of presses, including the all-electric Zhafir. Previously, sales in Italy were conducted directly by the European branch, Haitian Europe, located in the North of […] Read more »
Market News U.S. Markets 2-Apr-2009 April 3, 2009 by plasticsinfomart Refinery grade propylene traded higher Thursday and ethylene spot prices slid in the front month. NGLs energy and benzene all saw gains. Downstream, PE and PP prices were steady to higher depending on the grade. Refinery grade propylene traded at 23.375 cpp for April pipeline delivery. This is up from a Wednesday deal at […] Read more »
Market News Oil falls below $52 after 9 percent surge, eyes jobs data April 3, 2009 by plasticsinfomart Oil slid to under $52 a barrel on Friday, retreating from the previous session’s near 9 percent surge, as expectations of a continued weakness in near-term energy demand prompted investors to take profit. Oil posted its largest one-day percentage gain in three weeks on Thursday after world leaders at the G20 summit agreed a trillion-dollar […] Read more »
End Markets Processes Polymer-filled polyether polyols widens thes April 3, 2009 by plasticsinfomart Bayer MaterialScience is currently building a world-scale facility for the continuous production of polymer-filled polyether polyols (PMPOs) at its site in Antwerp (Belgium). On completion, it will have 60,000 mtpa capacity and feature innovative energy saving patented technology. In contrast to processes used in the past, this facility will also supply products that exhibit low […] Read more »
End Markets Processes Milacron expands services and presence in Mexico April 3, 2009 by plasticsinfomart Milacron, a global supplier of plastics-processing technologies and industrial fluids, announced yesterday (Apr 1) the starting of operation for its Milacron Plastics Technology Center in Queretaro, Mexico. The Service Center brings together Milacron’s Uniloy, Extrusion, Ferromatik, the US Injection Machinery, SERVTEK and Cimcool businesses all under one roof for optimal efficiencies. Centralizing the businesses in […] Read more »