According to the National Bureau of statistics of the Republic of Belarus, in may exports of polyethylene in the Republic of Belarus has been reduced to 8.5 thousand tons compared to 8.9 thousand tons a month earlier due to the reduction in the supply of high-density polyethylene (HDPE). Overall, in January – may this year, […]
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Category: Новости
Bearish PP outlook persists for August in China
Source: ChemO rbis Price IndexChina is foreseen to become self-sufficient by the year 2017 thanks to recently added coal-based PP capacities. Since last year, the country saw approximately 4 million tons/year capacity while nearly another 3 million tons/year is on its way. A trader said that they are seeking to export some coal based PP to […]
Nine productions of heavy polymers will be introduced in Russia until 2030
“We expect that by 2030 will be introduced nine more facilities for the production of heavy polymers. This will allow to create about 7 million jobs. The total investment will amount to more than 2.2 trillion rubles. This will allow to increase production of heavy polymers and overcome them import dependence,” said the Minister. According […]
Styrene prices shift direction amidst bearish expectations in Europe
Spot prices for styrene climbed by around $30/ton on an FOB NWE basis at the end of last week. Higher spot levels were attributed to better demand from the downstream PS and ABS markets rather than an upward movement in energy costs which registered some decreases over the past couple of days. In addition, spot […]
Denka will stop the styrene plant in Japan for prevention
It is planned that preventive measures at this facility with a capacity of 270 thousand tons of styrene per year will begin in the first quarter of 2016. Currently the timing of maintenance is not yet specified. In December 2014, DuPont, the American chemical giant, has sold its division of Neoprene (polychloroprene), a Japanese company, […]
In the first half of 2015, the imports of polypropylene in Ukraine decreased by 17%
In June recorded a small increase of PP imports to Ukraine due to the growth in the demand for propylene homopolymers (PP-Homo) and stat-propylene copolymers (PP-random), and the total value of exports reached a level of 7.2 thousand tons, compared to 5.9 thousand tons in may. Overall, in January – June of 2015, the total […]
In the first six months of imports of PET in Russia fell three times
As previously reported, in January-may life terephthalate (PET) at the facilities of Russian enterprises grew by 12% to January-may of 2014 and amounted to 208 thousand tons. Besides, this year falling demand in the market of finished products, which also contributes to increased consumption. Consumers of PET preforms reduce the production of finished products. As […]
SABIC and SK Global Chemical, a joint venture for the production of polyethylene products.
В сообщении корпорации для фондовой биржи говорится, что Sabic Industrial Investments Company и корейская SK Global Chemical Co., Ltd завершили процесс создания совместного предприятия, штаб-квартира которого находится в Сингапуре. По заявлению SABIC, «на этапе финансового закрытия сделки общий объем инвестиций на 3 июля 2015 года составил около US$640 млн., что включает в себя затраты на […]
Ufaorgsintez stopped the production of polyethylene and polypropylene
According to the company’s clients, the 13th July, the company closed the second stage of production of high-pressure polyethylene and a complex for production of polypropylene healed for preventive maintenance. The second phase of LDPE arose during routine maintenance a little more than a week, the production of polypropylene suspended for 12 days. Ufaorgsintez was […]
Crimean authorities require Firtash has to pay the salaries of employees of “Crimea Titan”
The head of the Crimea Sergey Aksenov instructed the state authorities to call the leaders of the company “Crimean Titan” and provide a memo on the fact of non-payment of wages at the enterprise. “So today the issue was necessarily decided. Privates please connect the Prosecutor,” – said S. Aksenov. After the Crimea was annexed […]