DowDuPont Inc. will spend around $100 million in the next two years to expand production of specialty plastic materials at its site in Orange, Texas. Officials with DowDuPont in Midland, Mich., and Wilmington, Del., said in an April 9 news release that the investment is needed to meet growing demand from the packaging and transportation […]
Tag: Plastic prices
Global pigment sales reaches 9.7 million tons per year, reports Ceresana
According to Ceresana’s fourth market research on the market for pigments, global sales amounted to 9.7 million tons per year. The most important sales market in 2014 was the production of paints and varnishes which accounted for 45% of total demand. Processing of pigments in plastics ranked second at a considerable distance, followed by the […]
Plastic Recycling Start-Up Looks to Change India’s Recycling Culture
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), […]
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 […]