Styropek plans in February to increase the price of EPS at USD110

North American manufacturer of expanded polystyrene (EPS C) Styropek announced a price increase of 5 cents per pound (USD110 per ton) from 1 February 2017, ICIS reported, citing a letter from the manufacturer to customers. The price increase applies to all standard and modified grades of EPS Styropek production. According to market participants, the reason […]

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Karpatneftekhim can earn after the abolition of the excise tax on liquefied gas

Petrochemical plant Karpatneftekhim, Lukoil last asset in Ukraine, could resume work after the abolition of the Verkhovna Rada of excise duty all kinds of liquefied gases (except natural gas), butane, isobutane and for the needs of the production of ethylene, according to Interfax-Ukraine. Tuesday, 20 December, the Supreme Rada has allowed the import without payment […]

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PE buyers in Europe have warned of a significant price increase in January

Prices of polyethylene (PE) in Europe may grow significantly in January, according to ICIS, citing market sources. Thus, the PE vendors warn customers about the three-digit growth of quotations in the next month. Manufacturers want to improve their profitability, regardless of the monomer price increase in January. At the same time, buyers have until some […]

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Tomskneftekhim resumes production of LDPE, stopped due to power failure

Tomskneftekhim (part of the holding SIBUR) was forced to suspend production of polyethylene on Thursday, December 22 due to problems with power supply, according to Rupec. According to operational information, the work of the first line is restored, being the second run. According to the company, at 08:35 (4:35 MSK) on Tomskneftekhim due to voltage […]

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