According to data from ChemOrbis Price Index, import PVC prices in India saw their lowest levels in five years’ time owing to persistently sluggish demand which is mostly triggered by plunging crude oil and upstream costs as per the pricing service of ChemOrbis. Players report that most buyers in India are still maintaining their stance […]
SPI: The Plastics Industry Trade Association will partner with the Keep America Beautiful (KAB) nonprofit organization to prominently display the message of KAB’s “I Want to Be Recycled” campaign throughout the NPE 2015. “I Want to Be Recycled” messaging will appear throughout the show floor in areas set aside for collecting the plastics waste disposed […]
The European PE market’s downward trend slowed down at the beginning of December, with the latest prices tracing a stable to softer trend as per the pricing service of ChemOrbis. Some suppliers conceded to discounts without reflecting the entire ethylene drop of €50/ton while others are even seeking to maintain their prices citing the prevailing […]
In Africa, December PP and PE prices were announced with mostly decreases last week, in line with earlier expectations as per the pricing service of ChemOrbis. However, Nigeria, Africa’s largest oil exporter, was an exception to this given the currency problems that the country has been struggling with. Nigeria’s local PP and PE producer ELEME […]
Bioplastics production to grow by more than 400% by 2018, according to the latest findings presented at the 9th European Bioplastics Conference, which took place from December 2-3 in Brussels, Belgium. The data compiled by European Bioplastics in cooperation with its partners – the IfBB – Institute for Bioplastics and Biocomposites (University of Applied Sciences […]
New PS prices from European suppliers emerged with €100/ton decreases for December in line with rapidly decreasing benzene and styrene markets since early November. Buyers in the region expect larger drops to pass on PS deals citing €150/ton lower styrene contracts and weak activity prior to Christmas Holidays. Benzene prices on CIF NWE basis hit […]
US packaging group Sonoco announced that it is producing plant-based plastic bottles for Ecover’s new home care line. Ecover’s new packaging is launched across the US in August this year. The containers produced by Sonoco – extrusion blow-molded bottles – are made from Plantplastic, Ecover’s proprietary blend of bio-sourced high density polyethylene (HDPE) and post-consumer […]
Players in Vietnam report that locally-held PP and PE prices in the country have fallen to the lowest levels seen since 2013, according to data from ChemOrbis Price Index. Local prices are tracking the softening trend in global polymer markets as well as the declines in upstream costs. In the PP market, locally-held raffia cargoes […]
