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In the Spotlight
SABIC
Material from recovered, ocean-bound PET
TURKEY
Pagev says Turkish processors should halt virgin resin buys until June / Group says Chinese converters following suit
Saudi petrochemicals and plastics giant Sabic launched a recycled material comprising a minimum 10% recycled ocean-bound PET blended with polycarbonate. The “Xenoy” PC/PET compound is... (15.04.2021)
Turkish plastics industry association Pagev has called on members to stop buying virgin resin and turn to recyclate if needed, ahead of planned capacity increases for raw materials... (14.04.2021)
INDIA
Plans for phased ban on SUPs in 2022 / PE bag thickness to increase
CHINAPLAS
First in-person trade fair since the beginning of the coronavirus crisis / Very few international impulses expected
Yet again, the Indian government is contemplating prohibiting the manufacture, import, stocking, distribution, sale and use of single-use plastics to tackle widely spread plastics waste... (14.04.2021)
Plastics trade fair “Chinaplas” opened its doors in Shenzhen on 13 April 2021 – but very little will be the way it was previously. Admittedly, organiser Adsale can lay claim to hosting... (13.04.2021)
BOREALIS
Project ‘Stop' delivers waste management services to over 130,000 people in Indonesia
MANAGEMENT
Sale-and-leaseback financing / Opportunity to increase liquidity and free up the balance sheet
Despite the Covid-19 challenges, the “Stop Ocean Plastics” project has reportedly brought waste management services to more than 130,000 people by the end of 2020 and built five material... (13.04.2021)
In January, Lufthansa showed how it is done: As part of a sales-and-leaseback financing arrangement, the airline procured EUR 500m in additional cash when it sold eight Airbus aircraft... (12.04.2021)
Latest News
Price Reports and Announcements
POLYMER PRICES
China engineering thermoplastics March 2021: Prices broadly higher amid tight supply / Feedstock costs mixed / Buyers expect supply to stabilise in April as most grades move sideways
13.04.2021
UPDATE - COMPOSITES
Producers plan further price increases for resin products
12.04.2021
POLYMER PRICES
China standard thermoplastics March 2021: Global supply hiccups push prices higher across the board / Demand normal to high / April likely to see further increases amid market tightness
12.04.2021
POLYMER PRICES
North America March 2021: Prices race from one high to the next / Shortage of material leads to stoppages in processing / Slight easing of the situation with PP / Further increases on the cards for April
09.04.2021
POLYMER PRICES
Composites/GRP March 2021: Notations for resins and glass fibre rise / Further upswing likely in April / Strategic buying keeps demand stable
09.04.2021
POLYMER PRICES
Engineering thermoplastics March 2021: Shortage of cable, pipe and headlamps for end-users / Major triple-digit increases / Producers unable to meet demand / US facilities provide glimmer of hope
08.04.2021
POLYMER PRICES
Russia March 2021: Notations at an all-time high / Polystyrene top of the list / Clearly felt bottlenecks set to fuel the upward trend in April
08.04.2021
POLYMER PRICES
Polyethylene March 2021: Hefty triple-digit increases / Shortage in Europe expected to continue / US converters siphon off much of available material / Demand to remain strong
07.04.2021
POLYMER PRICES
Polypropylene March 2021: Notations surge / Tight supply decouples prices from C3 / More hikes inevitable in April
07.04.2021
POLYMER PRICES
Styrenics March 2021: Meteoric rise of prices / All-time highs for all materials / Supply situation worsens for PS and EPS / New premiums in April
07.04.2021
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Date of print: 16/04/2021
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