Recycled high-density polyethylene (R-HDPE) markets in Asia showed a modest uptick this week, with natural film pellet prices climbing slightly even as black blow molding grades held steady. Market sentiment, however, remains cautious as recyclers struggle to compete with cheaper virgin polyethylene. A regional industry source told that, “The Asian R-HDPE natural film pellet market […]
Recycled polyethylene terephthalate (R-PET) markets across Asia came under renewed pressure this week, with prices sliding amid subdued buying activity and a competitive environment where virgin PET remains more cost-effective for downstream users. Market participants reported that consumption of recycled polyester fibers for clothing applications has stayed exceptionally weak, as virgin PET continues to trade […]
Hyundai Chemical is preparing for a planned shutdown of its polypropylene (PP) units in Daesan, South Korea, in what could become a significant supply event for the Asian market heading into year-end. Market sources informed that the company is expected to take both units offline around October 13, 2025, with operations scheduled to resume by […]
Ethylene vinyl acetate (EVA) prices in Europe remained unchanged this week as weak demand and seasonal slowdowns weighed on trading activity. Market participants noted subdued buying interest, with most players holding back ahead of September contract negotiations. A European industry source told Polymerduniya, “Trading activity in the EVA spot market stayed muted amid persistently low […]
Key Chinese polymer futures contracts closed weaker on Wednesday, with LLDPE, polypropylene, PVC and monoethylene glycol all slipping amid cautious market sentiment and subdued buying activity. On the Dalian Commodity Exchange, LLDPE (l2601) opened at RMB 7,370 (USD 858) and closed at RMB 7,358 (USD 856), down 0.42% or RMB 31 (USD 3.61/mt) from the […]
Polycarbonate (PC) prices in the United States held steady this week, with the market weighed down by soft demand and ample supply. A US-based industry source told that sentiment remains muted: “US polycarbonate prices held stable, but the overall market tone stayed sluggish as demand continued to remain weak. Producers across regions pointed to comfortable […]
Over the past decade, the Gulf Cooperation Council (GCC) petrochemical sector has quietly undergone a transformative evolution, blending environmental stewardship with economic savvy. Led by the forward-thinking Gulf Petrochemicals and Chemicals Association (GPCA), the industry has demonstrated that sustainability and growth can go hand in hand, if guided by strategic vision. Between 2013 and 2023, […]
Bharat Petroleum Corporation Ltd (BPCL) has announced plans for a ₹95,000 crore refinery expansion project aimed at significantly boosting India’s domestic refining capacity and reducing reliance on imports. The investment, one of the largest in the state-run refiner’s history, underscores the company’s strategic push to strengthen energy security while aligning with the nation’s long-term industrial […]
Europe’s polyethylene terephthalate (PET) market has seen its summer uptrend lose momentum, with sellers now facing mounting pressure as expectations for September weaken. After several weeks of firmer pricing supported by seasonal beverage demand and constrained imports, the market has shifted, revealing signs of fragility that could usher in a softer outlook for the autumn […]
Türkiye’s SASA Polyester announced sweeping details of its $25 billion petrochemical investment in Yumurtalık, positioning the project as one of the largest industrial undertakings in the country’s history. The multi-phase complex, unveiled this week, is designed to dramatically reduce Türkiye’s reliance on imported petrochemicals while propelling SASA into the ranks of global-scale producers. The project, […]
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