Trinseo (formerly Styron), a major European producer of polystyrene (PS), announced a September price increase for all PS, acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) grades in Europe, the company said on September 4. … The price increase took effect on September 1, 2020 and is consistent with the terms of the current contracts. […]
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Year: 2020
Low density polyethylene prices rise in China
Low density polyethylene (LDPE) quotes for delivery to China over the past week rose to $ 1030-1050 / t (subject to CFR China) from 1000-1030 / t (CFR China) a week earlier, reaching a maximum since May 2019 on August 27 , according to Argus Media. The rise in prices for polyethylene has been noted […]
Dow Europe announces September PE price hike in Europe
Dow Europe, a subsidiary of international petrochemical giant Dow Chemical, announced a September price increase of EUR50 per tonne for all polyethylene (PE) grades on the European market, a source at the company told ICIS. According to him, the real increase in PE prices was caused by reduced margins and consistently low material prices in […]
Interpol: a sharp rise in illegal plastic pollution
INTERPOL has published a new report on global plastic waste management since 2018 titled INTERPOL’s strategic analysis on emerging criminal trends in the global plastic waste market since January 2018. g. “). The report points to a significant increase over the past two years in the illegal shipments of plastic waste, primarily sent to Southeast […]
Kazanorgsintez asked the government to ban the import of polyethylene from Ukraine
Kazanorgsintez sent an appeal to the Cabinet of Ministers of the Russian Federation with a proposal to ban the import of low-pressure polyethylene from Ukraine to Russia as a mirror measure against the actions of the Ukrainian government. This was reported by Interfax with reference to a company representative. “The essence of the proposals is […]
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 […]
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, […]
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. […]
Near Zhytomyr, police detained two trucks with Lviv garbage
Not far from Zhitomir, 2 trucks with garbage were found. During the inspection, signs of forgery of cargo documents were revealed. This UNN reports with reference to the communication department of the police of the Zhytomyr region. The incident took place on August 15 near the village of Lishchina in the Zhytomyr region. “Travelers reported […]
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. […]