Mumbai-headquartered Supreme Petrochem Ltd (SPL), India’s leading polystyrene producer and exporter, has made a bold entry into engineering plastics with the commissioning of its first ABS (acrylonitrile butadiene styrene) production line. Located at the Amdoshi plant in Nagothane, Maharashtra, the new unit boasts an annual capacity of 70,000 tonnes and officially began operations on September […]
HDPE prices slipped across parts of Asia this week while holding steady elsewhere. Crude oil kept climbing on the back of Russia-Ukraine tensions and the threat of new U.S. sanctions that could rattle supply chains. China’s polyethylene imports stayed firm but faced stiff competition from cheaper U.S. cargoes, even as Middle Eastern suppliers nudged prices […]
European polyethylene markets drifted lower or held flat this week, weighed down by ample imports, thin downstream demand and a lack of conviction ahead of the year’s final quarter. Sellers across grades are intent on clearing inventory before December, but buyers continue to purchase only what they need, leaving sentiment muted. High-density polyethylene (HDPE) film […]
Recycled polymer prices in the Middle East were unchanged this week, reflecting a market settled into a steady rhythm of moderate demand and consistent supply. No adjustments were reported across polypropylene, polyethylene, polystyrene, PET, PVC, or ABS grades. Market participants said stable buying from packaging and consumer goods sectors is meeting a dependable flow of […]
US polymer markets faced another week of broad-based weakness, with most key resins posting price declines under the weight of abundant supply and soft demand. Sellers across polyethylene, polypropylene, and polystyrene grappled with swelling inventories and hesitant buyers, while even the normally resilient PET market held flat as participants assessed fresh trade policy shifts. High-density […]
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