polymers rubbers resins

Jan 27th, 2017

Sadaf Petrochemical Assalouyeh is Entering Asian Market with Eco-Friendly Emulsive Styrene Butadiene Rubber

Sadaf Petrochemical Assalouyeh intends to export out the surplus of emulsive styrene butadiene rubber (ESBR). The greater part of ESBR will be supplied to local manufacturers while the rest part will be delivered to Asia due to the growing demand for this product among foreign producers. Sadaf Petrochemical considers India, China and Turkey the most...

Aug 30th, 2016

Factors impacting global natural rubber production

The global natural rubber market has been significantly over-saturated since 2011. In 2011, the surplus amounted to about 220 thousand tons. In 2015 natural rubber excess supply was 140 thousand tons. According to the studies of RnRMarketResearch, the market flooding will grow because of the increasing areas of plantations, the stagnant growth of the industry...

Jul 29th, 2016

Engineering plastics sales and demand analysis

Engineering plastics are forecast an increasing demand due to their wide application in various global industries. Apart from standard plastics, engineering plastics possess better chemical and physical characteristics showcasing strong sales at world markets. This fact enables to expect the segment to strengthen in prospect. According to Ceresana research, the previous year sales comprised more...

Mar 30th, 2016

Indonesian crumb rubber producers speak out against foreign investment

Indonesian rubber players have claimed the cancelation of fully crumb rubber industry opening for foreign investors. The national government and related ministries consider it a wise solution to open the crumb rubber industry for overseas companies as the domestic rubber production is not full-fledged enough. According to Industry Minister Saleh Husin, the internal market capacity...

Mar 23rd, 2016

Rubber demand is expected to grow up globally

A Cleveland-based research agency presented a new World Rubber report which forecasts stepping-up of rubber production and expects the growth of its demand to 3.9 percent per year. It is announced that in 2019 the global demand is to rise to 31.7 million metric tons. The largest application of rubber is observed in tire production....

Mar 23rd, 2016

Bakhtar Petrochemical is going to open LDPE plant in Iran

A high-pressure polyethylene (LDPE) plant with the capacity of 300 thousand tons of LDPE per year is going to be opened by Iranian Bakhtar Petrochemical Company in the city of Sanandaj, Iran. Last year the company opened a new plant for the production of low-pressure polyethylene (300 thousand tons per year) in Mahabad, Iran. The Director...

Jul 8th, 2011

Annual Global Polycarbonate Demand Growth to Exceed 5% According to Merchant Research & Consulting Ltd.

LONDON – The Chinese market is making waves in the global polycarbonate industry – it is the most propelling global demand driver. Polycarbonate is an important and in-demand material in the developing countries. The end-use markets are developing rigorous here along with the overall economic growth. The developed countries, like Japan, France, Germany indicate the recovery...

Jul 1st, 2011

Despite Outdated Acetylene Route Asia-Pacific Remains VCM Production Leader According to Merchant Research & Consulting Ltd.

LONDON – Acetylene route for vinyl chloride production is still used in a number of developing countries, many of them being from the Asia-Pacific region. This manufacture technology has been largely proved to be highly polluting and energy consuming. However some countries like China, for example, own large coal fields of low cost, which is...

Jun 30th, 2011

Crisis Survivor Industry for HDPE to Grow Considerably According to Merchant Research & Consulting Ltd.

LONDON – The rapidly developing crisis survivor HDPE market in Asia-Pacific is in a position to drive the global market for the material. It is the primary base for exports from the developed countries of Europe and the USA, as the demand here has already reached a standpoint – these markets are resting at the...

Jun 9th, 2011

EPS Trading Dynamics at Low Level Due to Grown Prices According to Merchant Research & Consulting Ltd.

LONDON – EPS market is indicating traits of pulling up the trading dynamics. The current price for the material has shown considerable gains over some time and the industry still sticks to this trend. The demand for products made of EPS is at a considerably low level. As a result most consumers are reconsidering the...

May 19th, 2011

New PP Random Copolymer Grade Offers Up to 20% Productivity Gain for the Rigid Packaging Converting Industry

A polypropylene (PP) random copolymer offering up to a 20% productivity gain for the rigid packaging converting industry - RG468MO, has been offered by Borouge. The new high-flow resin that directly addresses the industry’s need to achieve shorter cycle times together with improved mechanical performance, while maintaining the clear transparency and pleasing visual aesthetics required...

May 19th, 2011

SABIC and Sinopec Ink MoU to Collaborate on Polycarbonate Production in China

Saudi Basic Industries Corporation (SABIC) and China Petroleum & Chemical Corporation (Sinopec Corp.) have inked a memorandum of understanding (MOU) to jointly produce polycarbonate in China. The two companies will jointly invest in the new 260,000 tpa polycarbonate plant to be operational by 2015. Capacity will be added to the existing JV- SSTPC (Sinopec SABIC Tianjin...

May 19th, 2011

Indian Oil Corp to Invest Rs 4,500 Crore in Polypropylene Project at Paradip Refinery

Indian Oil Corporation plans to invest Rs 4500 crore in a 1.2 mln tpa polypropylene project at its Paradip refinery. IOC made its foray into the polymer business last year with a naphtha cracker at the Panipat refinery. However, stressed finances put the polypropylene unit on hold. The PSU has revived its plans for a...

May 18th, 2011

PP Prices Come Down in SEA, Put Pressure on China

Import homo-PP prices in China are facing downward pressure from more competitive domestic prices and weakening import prices in Southeast Asia. The fact that import homo-PP prices in Southeast Asia have been standing above the prevailing import prices to China for the past several weeks has helped encourage sellers to take a firmer stance on...

May 16th, 2011

PET Prices Decline in Europe and Asia

Global PET prices have been losing ground in markets including Italy and China on the back of the weaker buying interest as well as the softer upstream costs, as per Chemorbis. In Europe, May MEG contract prices indicate a decrease of €66/ton (US$94/ton) compared to April settlement mainly due to the higher euro/dollar parity. Meanwhile,...

May 13th, 2011

Thailand to Ask Indonesia to Stop Safeguard Measures Against Thai Polypropylene Imports

The Indonesian government started a dumping investigation last month against polypropylene exported by Siam Cement Group. Thailand will ask Indonesia not to apply safeguard measures against imports of Thai polypropylene (PP), as per Bangkokpost. In 2010, Thailand exported almost three times its polypropylene exports in 2009 -about 250,000 tons. This increased amount was because of...

May 11th, 2011

Plastic Packaging With Burable Barrier Properties

Netstal-Maschinen AG and Glaroform AG from Switzerland and Ilsemann Automation from Germany are working together to replace existing packaging and their barrier properties with plastic compound solutions that are of high quality, environmentally-friendly and cost-efficient to produce as well as reclosable. A replacement was also developed as a multi-layer barrier compound. What is innovative about...

May 10th, 2011

Asian PS Sellers Maintain Firm Stance After Last Week’s Upstream Reversal

Asian PS sellers have recently held firm on their prices despite the significant declines witnessed in upstream markets late last week, as per Chemorbis. Regional producers brushed off this slump in upstream costs as only temporary while electing to leave prices unchanged after PS prices had risen along with styrene feedstock costs earlier in the...

Jan 26th, 2011

China’s Plastics Imports Inch Up in December 2010

According to data released by the Chinese Customs Agency, China’s total polymer imports in December 2010 rose both on a monthly and yearly basis. The country imported 1.53 million tons of plastics in December, which represents a small increase of 81,000 tons when compared to the previous month of the same year. China’s plastics imports...

Jan 24th, 2011

Firm Outlook in South East Asia’s PVC Market for February

PVC prices in Southeast Asia are expected to move higher in February, with initial offers for both local and regional business having already been announced with increases when compared with sellers’ most recent January sale prices, as per Chemorbis. Producers pointed to higher import PVC prices in China and India as well as persistently strong...