India has been referred to as the world’s trash can. Harsh for certain, but if you type in the words ‘India’ and ‘Trash,’ plenty of disturbing Google images of kids playing in trash will pop up. And unlike some fake images that try to depict plastic waste (such as some of those viral fish ones), […]
Tag: abs plastic prices
Thin wall packaging industry undergoes structural changes, says AMI Consulting
A recent report from AMI Consulting pinpointed that in recent years thin wall packaging has become a space of dynamic structural changes in the rigid plastics market. Thin wall packaging is a large and relatively stable market in Europe, with the consumption of 3.1 million tons of polymer in 2015, according to the report. The […]
Paid Plastic Bags to Start on February 2016, Prices Yet to be Set
TEMPO, Jakarta – The paid plastic bags program is scheduled to start on February 21, 2016. The program will be initiated in an effort to reduce plastic waste. As the program comes into force in the future, modern retail stores must charge a certain fee to customers wishing to use plastic bags. Regarding the price […]
Global plastic additives market to reach US$64.6 bln by 2021
The global plastic additives market is expected to reach US$ 64.6 Bn by 2021, as per BCC Research. The growing market demand for products made of polyvinyl chloride has spurred demand for the plasticizers used in PVC formulation. BCC Research reveals in its new report that phthalates, the most widely used plasticizer, accounts for about […]
Platts: global petrochemical prices dropped 1.1% in December
Prices in the global petrochemicals market in December, expressed as a monthly average, were US$796 per metric ton (/mt), down 1.1% or US$9 per mt, from November’s average, according to the just-released monthly Platts Global Petrochemical Index (PGPI). Prices also closed the month on a low note, with an end-of-month closing physical price that was […]
January expectations diverge in global polyolefin markets
As reported on www.ChemOrbis.com, global polyolefin markets ended 2015 in the midst of fluctuating energy costs, stagnant trade given the year end book closures, holidays and slower economies. PP and PE markets in Turkey, the Middle East and Africa closed the year on a weak note with initial fresh offers coming lower. Prices in China […]
SE Asian PP buyers anticipate further discounts in January
PP buyers in Southeast Asia are keeping to the sidelines in anticipation of seeing further discounts in January after the New Year holidays in spite of the fact that PP prices remain at multi-year lows, according to data from ChemOrbis Price Index, which shows that import homo- PP prices on a CFR Southeast Asia basis […]
Industrial profits in China dropped 1.9% in first 11 months of 2015
According to the National Bureaus of Statistics of China (NBSC), the industrial profits of enterprises above designated size from January to November amounted to RMB 5,538.68 billion, a Year on Year (YOY) decrease of 1.9%. In November, the industrial profits of enterprises above designated size achieved RMB 672.08 billion, a YOY decrease of 1.4%, and […]