In Egypt, polymer prices in the local market moved up during this past week despite the slowing demand ahead of the approaching Eid-al-Adha holiday as per the pricing service of ChemOrbis. These increases were mostly tied to the improved buying interest for locally held cargoes following the depreciation of the Egyptian pound against the US […]
In Asia, spot styrene costs hit their lowest levels seen since 2012 as per the pricing service of ChemOrbis. The spot market has been on a downward trend for some time and prices have recorded $95/ton losses on the month and $40/ton losses on the week. The drop in styrene prices was fueled by the […]
Lampertheim/Troisdorf, August 28, 2014. A major Chinese producer of strapping tapes has expanded his production capacities by the addition of a Reimotec high-performance line for the production of PP and PET strapping tapes. The line can reach production speeds of 200 m/min and output rates of 500 kgs/h. According to the General Manager of the Chinese strapping […]
