The contract price of propylene in Europe for November supplies was finally agreed at the level of EUR860 per ton, remaining at the level of October, several participants of the market told ICIS. At least two manufacturers and the buyer directly confirmed the price agreement at this level. The price was approved on the terms […]
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Month: October 2017
Ukrainka came up with a new way of processing polyethylene and won at the Olympics in ecology in Brazil
Two young Ukrainian inventors received gold awards at the International School Olympiad on Ecology in Brazil. This was reported by the press service of the Ministry of Education. A pupil of grade 11 of the Mariupol technical lyceum Ekaterina Malkina won with the project New method of biogenic utilization of high density polyethylene (HDPE). It […]
The price of ethylene in Europe is agreed at the level of October
The initial contract price of ethylene in Europe for supplies in November was agreed at the level of EUR1,025 per tonne, remaining at the same level as in October, ICIS reports citing information from a major buyer. This price level was confirmed by a large producer. The price of ethylene was agreed on the terms […]
Ukraine has big problems with garbage
Launched landfills are dangerous for nature and attract criminals Initially, I was going to make a report about a huge garbage dump near the village of Gribovichi near the city of Lviv in the west of Ukraine. However, I just could not get there. This is one of the largest landfills in Europe, it is […]
Innovative Technologies for Recycling Polymers
The Gneuss GPU technology unit was released a few years ago and has already proven itself in the recycling of bulk PET wastes such as bottle flakes and industrial wastes of fibers and films. It consists of an extruder with a multi-rotational (MRS) system with high degassing and cleaning processes, an effective rotary melt filtration […]
Styrene stocks in East China continue to decline for the second week in a row
Styrene-monomer stocks in the eastern region of China are already declining for the second consecutive week due to a decrease in cargo volumes in ports, ICIS reported citing official data received on Wednesday. The total stock of material fell to 58.3 thousand tons, which is 14.4 thousand tons less than last week. The volume of […]
Spot prices of PP in Europe are declining
Spot prices of polypropylene (PP) in Europe fell last week, ICIS reports citing sources in the market. At the same time, manufacturers do not express concern about the growth of naphtha prices. The prices fell on some types of PPs, subject to large volumes of purchases, but overall the overall price trend for PP prices […]
The prices of blown HDPE in Europe remain in a wide range
The spot prices of low-pressure polyethylene (HDPE) in Europe remain in a wide range, the difference in price reached EUR100 and higher, reaching EUR1-100-1,200 per tonne, ICIS reports citing market participants. So, the prices of imported blown HDPE remained at a level sometimes lower than EUR1,100 per tonne, FD, whereas at the upper end of […]
Petkim lowered prices of LDPE in Turkey by USD20 per tonne
Turkish polymer producer Petkim, whose controlling shareholder is Azerbaijan’s SOCAR, lowered the October prices of high-pressure polyethylene (LDP) by USD20 per tonne, ICIS source in the company said. According to him, slowing demand and competitive import prices have become the main reason for the price drop. Activity in the Turkish market slowed in the middle […]
Russia asked Turkey to reduce duties on polymers
Russia asked Turkey to consider the possibility of reducing import customs duties on chemical products, including polyethylene and polypropylene, TASS reported citing Deputy Energy Minister Anatoly Yanovsky. “On plastics, polyethylene, propylene,” he said, answering the question, will Russia ask Turkey to reduce duties on chemical products. Turkey is one of the main foreign economic partners […]