In the world, the fight against plastic bags and plastic has been going on for more than ten years. Whereas Ukraine was actively talking about the scale of the garbage problem only 5 years ago. According to the latest official data, Ukraine annually accumulates about 12 million tons of waste, of which only 600 thousand […]
Plastics processors in the Russian Federation will ask for government intervention due to a jump in raw material prices
The Union of Plastics Processors is preparing an appeal to the Russian government with a request to take measures to curb the rise in prices for basic raw materials, the union said. The union notes “an unprecedented rise in prices” and claims that the cost of polymer raw materials on the Russian market is breaking […]
March contract price of styrene increased by 48% in Europe
The contract price of styrene monomer in Europe was finally agreed for March deliveries at EUR1,551 / t, up EUR501 / t or 48% from the previous month, ICIS reported. The contract price was negotiated free on board (FOB) Amsterdam-Rotterdam-Antwerp (ARA). Thus, in the European market, agreement was reached on the March contract price for […]
Sabic announced force majeure on the supply of HDPE from the plant in the Netherlands
Sabic Europe, a subsidiary of the Saudi company Sabic in Europe, announced force majeure on February 16 to supply certain grades of low density polyethylene (HDPE) from its Geleen plant in the Netherlands, the company said in a letter to its customers. According to the letter, the force majeure was caused by unexpected technical problems […]
Substation contract prices in the USA increased by USD44 per tonne
US polystyrene (PS) contract prices rose 2 cents / lb (USD44 / t) higher in February on higher raw material costs and robust demand, ICIS reported. Production costs for polystyrene producers increased, with a significant increase in ethylene contract prices offsetting a slight decrease in benzene contract prices. PS demand has been strong in recent […]
Polypropylene in Russia has risen in price by 17% or more since the beginning of the year
The shortage of polypropylene (PP) on the world market increased in February, prices reached record levels over the past few years. A similar situation is observed in the Russian market, PP prices have reached record levels, according to the ICIS-MRC Price Review. In previous years, in January-February, polypropylene on the Russian market was getting cheaper […]
About the plastic recycling market: types of plastic waste and what are the difficulties of their recycling?
Waste types All plastic waste can be roughly divided into two broad categories: post-consumer and post-industrial. Sometimes there is a third – post-commercial, but it is still close to post-industrial. The post-consumer category includes plastic waste collected by humans. We are talking about plastic, which is first used by individuals or households, and then collected […]
Canada joins a project to reduce plastics waste in the country
Canada has joined the global network of the Ellen MacArthur Foundation, which is implementing a project to reduce plastic waste, writes PlastEurope. About forty players, including businesses, politicians, government and non-governmental organizations, have joined the pact to work to create a circular economy for the Canadian plastics industry. From 2013 to 2019, Canada has seen […]
Export prices of polypropylene on the exchange in Turkmenistan have broken a record for the last two years
Last Saturday, after a long break at the State Commodity and Raw Materials Exchange of Turkmenistan, export trading in polypropylene (PP) produced by the Turkmenbashi refinery resumed. According to the results of one trading day, 1,000 tonnes of PP were sold at record high prices over the past two years, according to the ICIS-MRC Price […]
ExxonMobil restricts sales of all PP brands in the US
ExxonMobil is limiting sales of all grades of polypropylene (PP) in the United States as severe winter weather has impacted the performance of its facilities in Texas and Louisiana, the company said in a letter to customers. ExxonMobil said it is evaluating its PP supply capabilities and that the timing and volume of PP supplies […]