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Markets Asia General

UPDATE - MALAYSIA +++ Fire breaks out at Petronas gas pipeline in Puchong +++ Plastics export growth to slow in 2025 / Domestic market poised for lasting development /	01.04.2025
POLYURETHANE MARKET World TPU demand to rise by 2.5% in 2025 / Growth relies on specialised grades and advanced formulations – IAL Consultants report	27.03.2025
VIETNAM Economic boom increases appetite for plastics raw materials / Strong demand from packaging, construction, electronics	19.02.2025
INDONESIA Plastics market to see robust growth up to 2029 / Overwhelming imports affect polymer industry / Impact of plastics waste import ban on recycling sector uncertain	10.02.2025
VIETNAM Plastics market to grow by 8.4% per year to 2029 / Investments in sustainable plastics and EV production provide growth opportunities	22.05.2024
PETROCHEMICAL MARKETS Asia to add most propylene output this decade / Global capacity to increase more than 46% – GlobalData	14.12.2023
KAZAKHSTAN State support for processors takes off / Plastics imports double in 2023	29.11.2023
PET Chinese exports to Europe soar / EU examines dumping charges / PX expansion puts China on road to self-sufficiency / Will Europe be demoted to industrial periphery?	05.10.2023
POLYURETHANE MARKET Asia-Pacific production expected to rise 4% a year to 2028 / Output falls in 2022 due to China's zero-Covid policies	21.08.2023
PET / POLYAMIDE Pakistan floods could raise global prices / Loss of cotton harvest likely / Will synthetic fibre demand surge as in 2010/2011?	11.10.2022
MANAGEMENT Soaring Asian write-offs hit liquidity / Use of trade credit rises / Strong financial management needed / Atradius report	07.09.2022
POLYURETHANE MARKET Asia-Pacific output to increase over 5% annually for next five years / Industry still below pre-pandemic levels / Rigid foam production declines / IAL report	23.06.2022
MALAYSIA Plastics market to increase 3% annually / Packaging for food, beverages to drive growth / Mordor Intelligence report	29.03.2022
SINGAPORE Country of choice for various global producers / Plastics industry moves towards a circular economy / Summary by Chinaplas organiser Adsale	01.03.2022
ENERGY MARKET ASIA Vast variation in Asian oil, gas outlooks due to differing climate commitments / Wood Mackenzie reports	11.11.2021
MANAGEMENT Credit sales, late payments rise in Asia / Optimism on likely economic rebound / Global insolvencies to rise in 2021 as fiscal support wanes / Atradius reports	16.07.2021
JIZZAKH PETROLEUM Billion-dollar MTO complex in Uzbekistan starts to take shape / PET, EVA and polyolefins also for Europe	28.04.2021
POLYURETHANE MARKET Asia-Pacific PU production to grow 4% per year following 2020 dip / Covid-19 impact strongest for flexible foams / IAL Consultants report	27.04.2021
PACKAGING ASIA More than half of new global growth will be in Asia / Flexible plastic sector to grow the fastest / Smithers report	30.04.2020
POLYURETHANE MARKET Asia-Pacific PU products output to rise 4% per year to 2023 / Strong growth in China adhesives and flexible foams / IAL Consultants report	14.08.2019
MANAGEMENT More Asia-Pacific businesses taking a strategic approach to credit management / Total value of B2B sales on credit rise to 55.5% from 48.1% last year / Atradius report	15.07.2019
INDONESIA Local trade groups form an alliance to push up recycling rates across the country / Southeast Asian nation is one of the largest producers of plastic waste / Mass cleanup	11.09.2018
PETRONAS Engineering contract awarded for Malaysia HDPE project / Completion expected in Q3 2019	08.12.2016
PETRONAS Engineering contractors appointed for Malaysia LLDPE and PP projects / Start-up expected by early 2019	25.05.2016
LOTTE Uzbek gas chemical complex completed / Start-up in January 2016 / Integrated project includes HDPE and PP facilities / Korea and Japan jostling for position in Central Asia	29.10.2015

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