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News
Polyethylene: Sabic declares force majeure on PE-LD
Baspar / Iranpolymer Once again, it is “technical difficulties beyond our own control” that are causing a force majeure in polyethylene – this time declared by petrochemical company Sabic (Riyadh / Saudi Arabia) on July 7, 2021. According to a…
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Coca-Cola: Beverage company increases RE PET share
Baspar / Iran polymer The soft drink multinational is increasingly relying on the use of RE PET in its one-way deposit bottles and is reporting further progress in its sustainability efforts: The PET bottles of the brands “ViO”, “Fuze Tea”…
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China: Good offer depresses prices for standard thermoplastics
Baspar / Iran polymer The prices of most standard thermoplastics in the Chinese market fell in April in light of the trend towards market length. The polypropylene market in particular was characterized by oversupply. Two new plants went into operation…
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PBT: BASF declares force majeure after a supplier fails
Baspar / IranPolymer When it comes to engineering thermoplastics, the world is getting a little smaller: After the extended delivery times in February, BASF has now declared a force majeure on PBT with immediate effect – both for base polymers…
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Technical regranulates: May could be the worst month
Baspar / IranPolymer The shortage of supplies – regardless of whether it is for recyclates or primary goods – has sent prices for all secondary materials, without exception, into an upward gallop. The situation with polyamide 6.6 and polycarbonate was…
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CHINAPLAS Unveils: 3,600 Exhibitors Gathers in the Greater Bay Area
Baspar / IranPolymer CHINAPLAS 2021 grandly opened at Shenzhen World Exhibition & Convention Center yesterday (April 13) and this is the first time for the mega show to stage in Shenzhen. With the theme of “New Era • New Potential…
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China: Shortage of supply drives up prices for standard thermoplastics
Baspar / IranPolymer Standard thermoplastics prices in China soared in March amid global supply shortages and firmer ethylene and propylene prices. The supply for most standard thermoplastics was particularly low in the first half of March 2021, which fueled prices.…
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Polyamide 6: BASF announces force majeure for deliveries from Antwerp
Baspar / IranPolymer After a fire in the production plant for PA 6 in Antwerp Belgium, BASF has declared force majeure. Deliveries of the polyamide 6 types “Ultramid B24”, “Ultramid B27” and qualities with low viscosity are affected, a spokeswoman…
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Polyurethane: Shortage with March maintenance at BASF and Sadara
Baspar / Iranpolymer No relief is expected for the polyurethane landscape in Europe in the coming weeks, although TDI has recently shown signs of a turning point. Polyols, on the other hand, are scarce – and also more expensive –…
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Raw material markets in the USA: Bumpy restart of polymer production
Baspar / Iranpolymer After the massive outages caused by the onset of winter in large parts of the USA, there are obviously delays in restarting refineries, petrochemical complexes and the downstream polymer production lines. A renewed delivery of US products…
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Styrene: Covestro / LyondellBasell declare force majeure
IRANPOLYMER/ BASPAR “Unpredictable damage” is the reason for the failure of the styrene and propylene oxide plant at Lyondell Covestro Manufacturing Maasvlakte VOF in Maasvlakte, the Netherlands, on February 11, 2021. A spokesman confirmed both the failure and the directly…
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Polyamides: DuPont declares global force majeure
IRANPOLYMER/BASPAR The numerous failures of pre-product plants in the value chains of essential engineering thermoplastics force DuPont (Wilmington, Delaware / USA) to declare force majeure for their own products. From Monday, February 22, 2021, DuPont will initially stop all deliveries…
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Polyethylene: Arab olefin complex completely precipitated
IranPolymer / Baspar A few days ago, an apparently major technical malfunction led to the shutdown of all Saudi Ethylene and Polyethylene plants in Al-Jubail, Saudi Arabia. This affects not only the cracker of the joint venture between LyondellBasell (LYB,…
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Russia: Price increases for standard thermoplastics
IranPolymer / Baspar With overall average demand, Russian prices for all standard thermoplastics rose in November. Polystyrene and PP extrusion types in particular felt the upswing. This is reported by the plastics information industry service (KI, Bad Homburg) in the…
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K-Recycling: Initiative wants to harmonize the calculation of the proportion of recycled material
IranPolymer / Baspar The Brussels-based organizations European Plastics Converters Association (EuPC), European Carpet and Rug Association (ECRA) and European Single Ply Waterproofing Association as well as the independent Belgian laboratory Centexbel – VKC (Kortrijk / Belgium) and the Belgian Quality…
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Ineos Styrolution: higher prices for ABS specialties and ASA
IranPolymer / Baspar For January 1, 2021 Ineos Styrolution (Frankfurt) has announced higher prices for ABS specialties (brands “Novodur” and “Novodur HH”) and ASA (“Luran S”). In Europe, the company intends to raise prices by EUR 350 / t each.…
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Elipso: A challenging year for the K-packaging industry
Iranpolymer / Baspar A business survey by the French association of the plastic packaging industry Elipso (Paris / France) on the effects of the coronavirus crisis shows that many of the around 320 member companies will start the coming year…
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Continental: Specializing in plastics expertise for e-vehicles
IranPolymer/ Baspar The automotive supplier Continental (Hanover) focuses the research and development of plastics for the thermal management of electric and hybrid vehicles in Germany at three locations. The experts in the new plastics competence center in Hamburg concentrate on…
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Polyurethane: enormous price increase for isocyanates continues
IranPolymer/ Baspar While the price increase for MDI products was still halfway within limits in October, another record peak was seen for TDI. The seller’s market brings tears to the eyes of buyers. Anyone who wanted quantity had to pay…
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Recycling of protective masks started successfully
IranPolymer/ Baspar As a result of the Covid-19 pandemic, sales of disposable face masks and personal protective equipment (PPE) are booming worldwide. So far, however, there are only a few recycling projects for these new everyday products. The British company…
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