The US polymer market endured another week of downward pressure, as export prices across most grades slipped in response to abundant supply and sluggish international demand. Producers and traders grappled with mounting competition in key global markets, while buyers remained reluctant to commit beyond immediate needs, anticipating further concessions. In HDPE, spot export prices fell […]
The European polymer complex remained subdued in August, with most grades under pressure from weak demand, heavy inventories, and the seasonal holiday slowdown. While some contracts rolled over, spot markets reflected more noticeable declines, as buyers avoided fresh commitments and sellers struggled with oversupply. In HDPE, spot values drifted lower while contract settlements mostly rolled […]
The European Commission has initiated provisional anti-dumping duties on acrylonitrile-butadiene-styrene (ABS) resin imports originating from South Korea and Taiwan, following conclusive findings of injurious price undercutting that have harmed the EU plastics industry. Duty levels vary by exporter: South Korea’s LG Chem faces a duty of 3.7%, Lotte Chemical is subject to 5.8%, while other […]
Univation Technologies, based in Houston, has announced that Nayara Energy Limited has chosen Univation's Unipol PE process technology for a world-scale manufacturing plant in Vadinar, Gujarat. Nayara Energy's new polyethylene project will construct a production line capable of producing 650,000 tonnes of PE per year.
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