Major PS supplier in the Middle East lowered June PS prices in the regionMajor polystyrene MiddleEast prices
MOSCOW – A large supplier of polystyrene (PS) in the Middle East has reduced its PS offer for June deliveries to the countries of the Persian Gulf by USD10-50 per tonne, ICIS reported.
In particular, the regional supplier lowered its June price proposals for general purpose polystyrene (PSV-C) for the Persian Gulf countries (GCC) by USD10 per ton from the previous level to about USD1,330 per ton, DEL. This level is equivalent to the price of USD1,300, CFR GCC.Major polystyrene MiddleEast prices
The proposals of high impact polystyrene (UPS / M) were voiced lower by USD30-50 per ton compared to the level of last month and amounted to USD1 360 per ton, DEL, which is equivalent to the price of USD1 330 per ton, CFR GCC.
Earlier, this supplier announced June quotes for the Eastern Mediterranean region, where the decline was USD20-30 per ton.
The demand for material during the Eid-al-Fitr holiday has decreased, and most of the market participants have not yet returned to the market after the holiday season.
According to the ICIS-MRC Price Review , Russian plants have reduced the cost of PS in the current month under pressure from foreign markets and declining cost of raw materials. For most market participants, a sharp decline in the cost of the polymer was unexpected. The market leader, Nizhnekamskneftekhim, has reduced the cost of polymer by a larger amount than other plants.Major polystyrene MiddleEast prices
A large supplier of polystyrene (PS) in the Middle East has reduced its PS offer for June deliveries to the countries of the Persian Gulf by USD10-50 per tonne, ICIS reported.
In particular, the regional supplier lowered its June price proposals for general purpose polystyrene (PSV-C) for the Persian Gulf countries (GCC) by USD10 per ton from the previous level to about USD1,330 per ton, DEL. This level is equivalent to the price of USD1,300, CFR GCC.
AIMPLAS, the Plastics Technology Centre, is participating in the DECOAT project, a consortium of 17 European partners led by Belgian R&D centre CENTEXBEL.
The focus is on coated and painted textiles and plastic materials which are not currently recyclable. Ambitious recycling targets have been set by the European Plastics Industry, and to meet these targets smart solutions that enable circular use must be considered. Ideally, multiple components should be separated and fed into the most suitable recycling streams.
DECOAT has therefore been established to investigate triggerable smart polymer material systems and appropriate recycling processes. The solutions will be based on smart additives (like microcapsules or microwave triggered additives) for the ‘coating’ formulations that will be activated by a specific trigger (heat, humidity, microwave, chemical).
R. Grace & Co., the an independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP process technology to Hyundai Chemical Co., Ltd., a joint venture between Hyundai Oilbank Co., Ltd. and Lotte Chemical Corp.Packaging Petrochemicals Crude Oil
Picanol will display the OptiMax-I weaving machine for denim fabrics with almost fully digitised insertion at ITMA 2019 expo, in hall 4, booth B101. The company will also debut the mobile app called PicCon (Picanol Connect), based on Picanol’s ‘Live Machine Feedback Platform’ at the textile and garment technology expo from June 20-26, 2019, in Barcelona.
The denim machine with insertion has been almost completely digitised. Thanks to the integrated concept all settings are available and can be retrieved on the central microprocessor. Packaging Petrochemicals Crude Oil
Polyplex Corporation Limited’s subsidiary Polyplex (Thailand) Public Company Limited (PTL) has decided to set up BOPP film line project with a capacity of 60,000 TPA in Indonesia at an estimated cost of US$48 million.
Polyplex has 51 per cent stake in its subsidiary PTL. The said project would be implemented by PT Polyplex Films Indonesia which is a wholly-owned subsidiary of PTL.
In late April, Tehran province department of environment announced that approximately 25% of the waste generated in Iran is recyclable. Everyday 8,000 tons of waste is being transferred to landfills in Tehran but not even one kilogram of it is recycled as waste segregation at source is not being practiced.
Recycling is of great importance as waste has a huge negative impact on the natural environment. Harmful chemicals and greenhouse gasses are released from rubbish in landfill sites. Recycling helps to reduce the pollution caused by waste as well as reduce the need for raw materials.
Sorted plastics for recycling.A handful of industry groups and plastics producers are teaming up on a 60-day effort to try to capture a wider variety of materials from the flow of curbside recyclables in Portland, Ore.
The effort, announced this morning, will bring a “secondary sorting system” from Titus MRF Services to a materials recovery facility in the Portland area run by Far West Recycling. Material from four other MRFs in the region will also be sent to the site.
The project will separate mixed recyclables into a variety of plastic categories and will also isolate food and beverage cartons.
Benzene and styrene availability in Europe for the remainder of 2019 will most likely be long, and that length is set to prevail into 2020 on the back of increased Asian capacity.
Programme to improve energy efficiency of homes, Llanelli, Wales, Britain – 03 Feb 2015Benzene and styrene are each coming out of the peak turnaround season, set to conclude by the end of June and which went according to plan, leaving little impact in the markets.
There was a massive inventory built-up in preparation for the outages, which caused styrene prices to rise from November to April.