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European PS sellers aim for massive April hikes
April PS prices from Europe started to be announced with massive increases by the middle of this week, according to ChemOrbis. Although buyers expected to see €200/ton increases before the monomer...
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Global reinforced plastics market growing at CAGR of 7.6% from 2013 to 2019
The global reinforced plastics market stood at US$8.42 bln in 2012, expected to reach US$15.82 bln by the end of 2019, growing at a remarkable CAGR of 7.6% from 2013 to 2019, as per a report by...
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Locally held PP film supplies tight in Egypt
In Egypt, PP players have been reporting tight PP supplies in the local market for some time while they highlight the fact that PP film supplies have been the shortest, according to ChemOrbis. The...
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Local LDPE supply tightening in Russia
According to ChemOrbis, players in Russia are reporting limited availability for LDPE in the first week of April, similar to the case across other PE markets in Europe. Supply constraints are seen...
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Explosion in Chinese PX plant firms up PET sentiment in Asia
China’s Dragon Aromatics’ PX plant located in Gulei, Zhangzhou, Fujian province was hit by an explosion on April 6, causing a large fire, according to media reports. The incident reportedly happened in...
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Higher styrene costs keep PS market strong in SEA
Spot styrene prices in Asia were on a firming path over the week driven by ongoing shutdowns, according to ChemOrbis. Although energy prices are on a volatile path, the offline capacities for styrene...
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Asian ethylene prices climb up on shutdowns
In Asia, spot ethylene prices have been recording significant increases on the back of tight supplies, owing to the plant shutdowns in the region, many of which began April and are expected to last...
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Russia and CIS plan several new PE projects
Russia and the CIS (Commonwealth of Independent States) are expected to see a good number of PE capacities within the upcoming years, according to ChemOrbis. The earliest start up is slated for...
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What are the main growth drivers for engineering plastics demand in the US?
The demand for engineering plastics in the US is expected to rise 2.6% per year to 5.1 billion pounds in 2019, said the latest Freedonia report. The largest markets for engineering plastics will...
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African PE players: Supply issues may continue to prop up prices
According to ChemOrbis, players operating in African PE markets generally voiced their complaints about slow end product demand with only a few seeing slight improvements ahead of approaching Ramadan....
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