News
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Significant efforts made to prepare Iran’s pavilion in Dubai Expo 2020
IRANPOLYMER/ BASPAR The Chairman of the Board and Managing Director of Iran International Exhibitions Company said that significant efforts had been made to prepare Iran’s pavilion in Dubai Expo 2020. “Dubai Expo 2020 will be held as of Oct 1,…
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K 2022 from 19 to 26 October 2022 in Düsseldorf: Registration documents available with immediate effect
IRANPOLYMER/BASPAR The time is ripe: with immediate effect the registration documents for K 2022, the world’s most relevant trade fair for the plastics and rubber industry, will be available at www.k-online.com. The deadline for registration for all the companies wishing to…
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Engel: More recyclate in sandwich components
Baspar / Iranpolymer The new coinjection process, which Engel, Schwertberg (Austria) developed together with Top Grade Molds, Mississauga (Canada), enables a high proportion of recycled material to be completely enclosed in new goods in the manufacture of buckets and is…
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LyondellBasell: Acquisition of a PP compounding facility in Malaysia
Baspar / Iranpolymer The plastics manufacturer LyondellBasell (LYB, Houston, Texas / USA) has acquired all shares in the compounder PolyPacific Polymers (Port Klang / Malaysia). The Malaysian company with production capacities for polyolefin compounds will now be renamed, announced LyondellBasell.…
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PVC: prices chase from record to record
Baspar / Iranpolymer The bull market continues. PVC prices continued to climb unstoppably in June 2021, marking new highs. Demand, especially from the construction sector, remained high. The driving force, however, was once again the tense supply situation, the increase…
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PUR: Covestro declares force majeure for MDI
Baspar / Iranpolymer So far, the majority of the market participants in the PUR industry were still hoping for relaxation. However, on July 2, 2021, MDI producer Covestro (Leverkusen) reported an “unforeseeable loss of production” in Brunsbüttel and declared force…
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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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