Russia’s largest oil companies complained to Putin about tax hikes

The heads of the largest Russian oil companies (Rosneft, LUKOIL, Gazprom Neft, Tatneft and Zarubezhneft) complained to Russian President Vladimir Putin about the Ministry of Finance’s attempts to change the parameters of the additional income tax (APT), Kommersant reports. Thus, Vladimir Putin put a resolution on the letter to the profile Deputy Prime Minister Yuri […]

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POLY-AMERICA WAREHOUSES BURNING IN TEXAS

Poly-America warehouses are on fire in Texas. It is one of the largest polyethylene producers in the world. Firefighters extinguished a large-scale fire in the industrial area of ​​Grande Prairie early Wednesday, according to the Dallas Morning News. The city’s fire department confirmed that the fire occurred in the 2020 quarter on West Marshall Drive, […]

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European PE market returns to normal

The European polyethylene (PE) market is returning to normal after a turbulent period of constraints and demand returning to more normal levels, ICIS said. Packaging is one of the main uses of polyethylene worldwide and accounts for about a third of all polymeric packaging; in Europe, about 60% of polyethylene goes to the packaging segment. […]

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The head of the State Environmental Inspection advocates returning 70% of the environmental tax to enterprises

The funds collected from the environmental tax should be used to modernize enterprises to reduce the pressure on the environment Andriy Malevany, Chairman of the State Environmental Inspection of Ukraine, supports the initiative to return 70% of the collected environmental tax to enterprises for their modernization in order to reduce the pressure on the environment. […]

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LDPE continues to rise in price dynamically in Russia

The first days of August led to another increase in prices for high-density polyethylene (LDPE) in Russia, while the dynamics of the rise in prices for polyethylene increased significantly, including due to preventive downtime of individual manufacturers, according to the ICIS-MRC Price Review. In late June – early July, two Russian producers in Angarsk and […]

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