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Plastics Processing Equipment Supplier Engel Celebrates Opening of Swiss Tech CentreINEOS launches new advanced recycled plastic production productCMG Granulators unveils new line for high-capacity plastic recyclingNew report reveals Europe is leading the charge in plastic waste managementIPL, Schoeller Allibert Merger Builds Global Sustainable Plastic Packaging PowerhousePlastics Processing Equipment Supplier Engel Celebrates Opening of Swiss Tech CentreINEOS launches new advanced recycled plastic production productCMG Granulators unveils new line for high-capacity plastic recyclingNew report reveals Europe is leading the charge in plastic waste managementIPL, Schoeller Allibert Merger Builds Global Sustainable Plastic Packaging Powerhouse

Tag: PP Price Chart

Global petrochemical companies reveal financial results

February 27, 2015 / December 9, 2015 by plasticsinfomart

Leading petrochemical companies across the globe declared financial results for the fourth quarter of 2014 or full of that year as per ChemOrbis daily headline. Several companies revealed lower figures blaming lower energy costs, which lost more than 50% of their value since June, 2014 or reduced production whereas some others enjoyed higher figures owing […]

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Several shutdowns strengthen styrene outlook in Asia

February 26, 2015 / December 9, 2015 by plasticsinfomart

In Asia, spot styrene prices have been following an upward trend since mid January when the market hit the bottom after it had decreased for around six months in the face of plunging energy costs, according to ChemOrbis.The recent upturn in spot styrene prices is currently supported by several plant shutdowns in the region, which […]

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PP supplies tight in Europe, Mid-East, Asia and Africa

February 25, 2015 / December 9, 2015 by plasticsinfomart

According to ChemOrbis, constraints for PP availability have been widely pronounced among players across Europe, the Middle East, Africa and Asia. Upon the reversal of the market trend in February, these concerns about tight supplies are exerting extra upwards pressure on PP pricing, concur many players. In Europe, LyondellBasell declared force majeure on the PP […]

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Firm March outlook pushes up ethylene, propylene prices in Europe

February 24, 2015 / December 9, 2015 by plasticsinfomart

According to ChemOrbis, spot prices for ethylene and propylene gained ground for another week in Europe as bullish expectations for March are seen boosting buying interest ahead of the upcoming monomer settlements. As a result of the firming trend in the spot monomer markets, sellers have already issued some increases on their downstream PP and […]

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Egyptian players: Local PE market records hefty hikes

February 24, 2015 / December 9, 2015 by plasticsinfomart

In Egypt, the local PE market levels moved up significantly as prices recorded up to EGP1800/ton ($236/ton) increases during this past week as per ChemOrbis pricing service. These hefty hikes mostly occurred after the middle of last week while tight supplies, especially for locally held Middle Eastern cargoes, and currency issues played a role in […]

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March expectations call for reversal for European PS

February 20, 2015 / December 9, 2015 by plasticsinfomart

After €30-40/ton drops passed on February PS deals, players in Europe are now expecting the market to change direction next month based on the stronger upstream chain and short supplies, particularly for GPPS as per ChemOrbis pricing service. In line with firm expectations for new monomer contracts in the region, PS players foresee that prices […]

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China’s polymer markets start holiday on a firm trend

February 19, 2015 / December 9, 2015 by plasticsinfomart

China entered the New Year holidays as of February 18, with a firm trend dominating the country’s polymer markets. According to ChemOrbis,in line with the recent upturn in crude oil and naphtha costs, stronger feedstocks have shifted the direction of the price trend upward for most polymers after an extended period of decreasing prices. Plus, […]

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Turkey’s PP, PE markets experience rapid upturn

February 18, 2015 / December 9, 2015 by plasticsinfomart

Having hit the bottom at the end of January following a downturn that had been in place since August, Turkey’s polyolefin markets have been moving up steadily since then, according to ChemOrbis. Even though some players expected the upturn to be slow given the fact that buyers met their immediate requirements in the early days […]

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