Toyo Engineering Corp. (TOYO), in partnership with Rönesans Endüstri Tesisleri (RET), a subsidiary of Rönesans Holding, the global contracting and investment group headquartered in Türkiye, has been awarded the first phase of a major overhaul project for a large-scale gas chemical complex owned by Turkmenhimiya (TH). TH, the state-owned enterprise overseeing the production and distribution […]
Ethylene markets across the United States and Asia remained stable on Tuesday, reflecting subdued trading conditions and limited fresh developments. In the U.S., industry participants reported muted sentiment, with discussions heard to be quiet and lacking significant momentum. According to market sources, ethylene prices were assessed unchanged at 20.00-20.50 cents/lb FD US Gulf, holding firm […]
Refinery grade propylene prices in the United States edged lower on Tuesday as the market grappled with sluggish demand and plentiful material availability. An industry source in the U.S., speaking on condition of anonymity, told a correspondent that market fundamentals remained largely bearish. The combination of lackluster downstream demand and oversupply conditions exerted pressure on […]
Polyvinyl chloride (PVC) prices witnessed a downward trend in several parts of Asia this week, as the market faced the dual challenge of oversupply and weakening demand. An industry source in Asia, speaking on condition of anonymity, told a correspondent that crude oil values are expected to remain range-bound to slightly positive, supported by heightened […]
This week, Linear Low-Density Polyethylene (LLDPE) prices across Asia remained largely unchanged, reflecting a steady balance between supply and demand as the market continued to trade within a cautious but stable range. An industry source in Asia, speaking on condition of anonymity, told a correspondent that crude oil is expected to remain range-bound to slightly […]
This week, Low-Density Polyethylene (LDPE) prices witnessed a decline in parts of South Asia, while remaining steady across other Asian regions, reflecting a largely balanced market environment. An industry source in Asia, speaking on condition of anonymity, told a correspondent that crude oil is expected to stay range-bound to slightly positive, underpinned by ongoing Middle […]
High-density polyethylene (HDPE) prices displayed a mixed performance across Asia this week, with declines observed in the Far East Asian market, while stability dominated other regions. An industry source in Asia, who wished to remain unnamed, explained that crude oil continues to exert a muted influence on the broader petrochemical complex. Oil prices are expected […]
China’s polymer futures market displayed a mixed performance, with prices for key contracts moving in narrow ranges amid subdued sentiment. The LLDPE (l2601) contract opened at RMB 7,234 (USD 834) and fluctuated between a day high of RMB 7,247 (USD 846) and a low of RMB 7,222 (USD 843), before settling at RMB 7,226 (USD […]
Polypropylene (PP) prices slipped across the Asian region this week, pressured by lower import offers from overseas suppliers and sluggish demand from regional buyers. An industry source in Asia, who requested anonymity, explained that the broader energy complex has provided some stability, with crude oil expected to remain range-bound to slightly positive. Heightened tensions in […]
Polyethylene terephthalate (PET) prices in the Asian region remained unchanged this week, reflecting the fragile balance between muted demand and sustained cost pressures faced by producers. An industry source in Asia, speaking on condition of anonymity, noted that the broader energy complex has offered some support to market sentiment, with crude oil expected to stay […]
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