Propylene prices in Asia remained unchanged on Monday, despite an uptick in energy values. According to a market source speaking to Polymerduniya, cautious sentiment from buyers counterbalanced the upward pressure from rising crude oil prices, resulting in a stable pricing environment across the region. “Even though crude prices have been climbing, Asian propylene prices did […]
Dow has officially commissioned its Poly‑7 polyethylene train at the Freeport, Texas complex, launching production on June 16, 2025, with an annual capacity of 600,000 metric tonnes capable of swinging between HDPE and LLDPE grades.. This new resin capability has effectively absorbed Dow’s remaining merchant ethylene volumes on the U.S. Gulf Coast, shifting the company back into […]
A Polymerduniya source in Pakistan reports that a Saudi Arabian producer has floated an offer for polypropylene raffia grade, priced at USD 1,060 per tonne CFR Karachi for August 2025 shipment. This offer comes amid generally soft regional levels where prevailing PP raffia pricing in Pakistan fell within the USD 930–960/mt band recently, indicating that the Saudi-origin […]
A Pakistani Polymerduniya source reports that a Saudi Arabian supplier has offered polypropylene injection grade cargo for August 2025 shipment to Karachi Port at a price of USD 1,070 per tonne CFR. This offer arrives at a premium to recent observed levels, where Pakistan’s PP injection prices typically ranged between USD 950–990/mt CFR in previous months. Market […]
A Saudi Arabian PP film offering for August 2025 shipment on CFR Karachi basis has emerged with a quoted price of USD 1,140/mt, according to a local Polymerduniya source in Pakistan. Though the supplier is unnamed, this offer stands well above recently observed benchmark levels in the region. For context, last week’s prevailing offers for PP […]
Demand in Karachi’s open polymer markets on Monday, July 28, 2025, was notably sluggish, with prices generally softer across the board. Polypropylene raffia traded at around PKR 356–358/kg, injection grade at PKR 357–359/kg, and film grade at PKR 365–367/kg. PPCP exchanged hands around PKR 379–381/kg, while random copolymer was priced at PKR 421–423/kg. On the HDPE front, injection grade fell […]
At least 40% of the European Union’s ethylene production capacity, equivalent to around 9.8 million metric tonnes per year out of a total of 24.5 Mtpa, is now at high to medium risk of closure according to a Wood Mackenzie analysis reviewing facilities at or below 80% utilisation rates, many of which are small to mid-sized […]
PetroChina has made a final investment decision to build a new integrated refinery and petrochemical complex on Changxing Island, northeastern China – a strategic move confirmed by company and industry sources, although not formally announced by the firm. The CNY 68.5 billion ($9.56 billion) development encompasses a 200,000 bpd crude refinery, a 1.4 million tonne/year ethylene facility, […]
India and the United Kingdom formally sealed the Comprehensive Economic and Trade Agreement (CETA) on July 24, 2025, signaling a major deepening of economic ties between the two nations. Negotiated since January 2022 and finalised in principle in May, the pact unlocks tariff-free access for 99% of Indian exports to the UK, encompassing textiles, apparel, […]
Sibur, Russia’s leading polymer producer, has unveiled SIBEX® PPI030CF, its newest polypropylene grade engineered specifically for retort packaging applications in food and animal feed sectors. Retort packaging, hermetically sealed and capable of withstanding sterilization temperatures of up to 120–130 °C, offers a lightweight, flexible alternative to traditional glass and metal containers by improving logistics efficiency and […]
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