Kazanorgsintez (CBS, part of the TAIF group), the largest producer of polyethylene (PE) in Russia, stopped the production of high-pressure polyethylene (LDPE) for planned preventive maintenance, according to the ICIS-MRC Price Review. CBS at the end of last week began a sequential stop for prolonged preventive maintenance of the third stage of LDPE capacity. The […]
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Year: 2018
Germany became the leader in the processing of garbage
In a useful turnover in Germany, 66% of the waste is returned, which is much higher than in other EU countries. However, experts criticized the Germans for producing more garbage than residents of other EU countries. No European country reuses as much waste as Germany. In the Federal Republic of Germany, the share of recycling […]
The demand for film HDPE in western India is weak against the ban on PE packages
Demand for import prices for low-density polyethylene (HDPE) was weak in the spot market in India amid a recent ban on polyethylene bags and other disposable items in Maharashtra, ICIS reported citing market participants. The price proposals for the April deliveries of HDPE from the Gulf countries were 1,330-1,360 per ton, CFR India. The reaction […]
Association of Plastics Europe against the tax on plastic
During the discussion at the event for the specialized press organized by the German Plastic Manufacturers Association PlasticEurope Deutschland e.V., Karl-X expressed his opinion about the introduction of the tax on plastic products. Karl-H. Foerster, Executive Director of Plastics Europe. He believes that tax is a danger to climate protection. Carl-X. Förster noted that today […]
April PS prices in Europe are agreed at EUR115 lower than March
Contract prices for polystyrene (PS) in Europe were agreed at EUR115 per tonne below the level of March prices, according to a downward trend in raw material prices this month, ICIS reports citing market participants. In general, negotiations on different types of PS still continue, especially for those related to the packaging industry. Low sales […]
Not all European polyethylene increased in price in April for the CIS countries after the rise in the price of ethylene
The April contract ethylene prices in Europe was agreed at EUR10 per tonne above the level of March, but in some cases, the European producers, on the contrary, went to the decrease in the polyethylene prices (PE) or a prolongation of the March level for deliveries to the CIS countries, according to a price review […]
European polyethylene rose in price in April for the CIS countries following the rise in the price of ethylene
The April contract ethylene prices in Europe was agreed at EUR10 per tonne above the level of March, but in some cases, the European producers, on the contrary, went to the decrease in the polyethylene prices (PE) or a prolongation of the March level for deliveries to the CIS countries, according to a price review […]
ExxonMobil raises May PP prices in the US.
ExxonMobil, the largest private US petrochemical company, announced an increase in May prices for polypropylene (PP) in the US market, ICIS reported citing the company’s statement to customers on April 11. According to the statement, the company intends to raise the prices of all brands of PP by 4 cents per pound or USD88 per […]
In Kiev, plastic bags will be banned: details
In Kiev, plastic bags will be banned: details The Standing Committee of the Kiev Council on Environmental Policy agreed on a draft decision on limiting the use of plastic bags in stores. “According to the draft decision, the Kyiv City Council will recommend businesses in the sphere of trade and services to offer buyers an […]
European PVC has risen in price by EUR5-10 per ton for CIS markets in April
Last week, negotiations began on the prices of European polyvinyl chloride (PVC) for supplies in April to the markets of the CIS countries. In the face of rising ethylene costs and the upcoming planned stoppages, European producers have gone to increase export prices this month, according to the ICIS-MRC Price Review. The April contract price […]