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Asian Fibres breaks ground on $100 million PET recycling facility
ABU DHABI (Scrap Monster): The UAE-based Asian Fibres has announced that it has broken ground on what would be the largest production facility for regenerated polyester staple fiber (RPSF) in the MENA...
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China’s PP market hits 3-year-low, but still lags propylene’s fall
China’s import PP market has recorded the largest weekly loss in more than 2 years, according to ChemOrbis Price Index. Import homo PP prices have decreased by $50/ton this week on average. The low end...
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Local PP and PE prices sink to lowest levels since 2013 in Vietnam
Players in Vietnam report that locally-held PP and PE prices in the country have fallen to the lowest levels seen since 2013, according to data from ChemOrbis Price Index. Local prices are tracking the...
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Sonoco produces plant-based plastic bottles for Ecover green cleaning line
US packaging group Sonoco announced that it is producing plant-based plastic bottles for Ecover’s new home care line. Ecover’s new packaging is launched across the US in August this year. The...
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Diving costs pull European PS prices down in December
New PS prices from European suppliers emerged with €100/ton decreases for December in line with rapidly decreasing benzene and styrene markets since early November. Buyers in the region expect larger...
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How will the bioplastics market growth in mid-term?
Bioplastics production to grow by more than 400% by 2018, according to the latest findings presented at the 9th European Bioplastics Conference, which took place from December 2-3 in Brussels, Belgium....
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Africa’s PP and PE markets come down in December
In Africa, December PP and PE prices were announced with mostly decreases last week, in line with earlier expectations as per the pricing service of ChemOrbis. However, Nigeria, Africa’s largest oil...
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European PE market’s downward trend loses pace on tight supply
The European PE market’s downward trend slowed down at the beginning of December, with the latest prices tracing a stable to softer trend as per the pricing service of ChemOrbis. Some suppliers...
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SPI partners with Keep America Beautiful to spread recycling messages at NPE...
SPI: The Plastics Industry Trade Association will partner with the Keep America Beautiful (KAB) nonprofit organization to prominently display the message of KAB’s “I Want to Be Recycled” campaign...
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India’s import PVC market sinks to 5-year low
According to data from ChemOrbis Price Index, import PVC prices in India saw their lowest levels in five years’ time owing to persistently sluggish demand which is mostly triggered by plunging crude...
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