MEDT pulls polyethylene on itself

In the coming days, as part of a special investigation initiated by Karpatneftekhim LLC (Kalush, Ivano-Frankivsk region), preliminary measures may be introduced in the form of import duties on a number of goods. Imports of polyethylene and polyvinyl chloride (PVC) are hit. We clarify that the complainant insists on the introduction of the aforementioned preliminary […]

Read More

BIR Update on the Impact of COVID-19 Measures to Scrap Recycling Yards Around the World

The Bureau of International Recycling (BIR) is providing ad hoc updates from its Ambassadors around the world on the impacts on recyclers as the world takes unprecedented measures to tackle COVID-19. In the US, the situation varies from state to state. The most populous of these, California, has shut down all non-essential industries but scrap recycling […]

Read More

The next five years could be turning for bioplastics

Most plastics are currently made from petrochemicals, which reinforces the world’s dependence on crude oil. Despite growing awareness of plastics issues, global plastics production is growing, and IDTechEx’s recent Bioplastics 2020-2025 report predicts that plastics production will exceed 600 million tons by 2030. Bioplastics are a family of polymers derived from biomass raw materials, they […]

Read More

Sinopec resumes expansion of Wuhan plant

Sinopec-SK Wuhan Petrochemical Corp, a joint venture between Sinopec China and South Korea’s SK Innovation, has resumed expanding its petrochemical plant in Wuhan (Hubei Province), media reported. Work was suspended earlier this year due to an outbreak of coronavirus, the epicenter of which was Wuhan Chinese. To combat the virus, it was decided to actually […]

Read More

European PP fell by EUR90-100 per tonne in April for deliveries to the markets of the CIS countries

The April contract price of propylene in Europe was agreed at EUR175 per tonne below the level a month earlier. Nevertheless, European manufacturers do not intend to make a proportional reduction in the export prices of polypropylene (PP) for deliveries to the markets of the CIS countries in April, according to the ICIS-MRС Price Review. […]

Read More

SIBUR switched to a four-day work week

The largest petrochemical company in Eastern Europe, SIBUR decided to transfer all office personnel to a four-day work week due to the COVID-19 epidemic, RBC reports citing a company representative. So, SIBUR decided to implement a set of measures, including a temporary transition to a four-day working week for all employees of the corporate center […]

Read More