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REPORTS
July 10, 2023
Sustainability Goals vs Market Realities: The Challenges Fac...
The North American plastics recycling industry is feeling the heat as prices for offgrade virgin resins take a downward turn. The increase in production capacity, coupled with a slowing economy that is reducing demand, has led to a drop in prices for...
REPORTS
June 29, 2023
BASF Paves the Way for Polyethylene Production in China with...
BASF, a leading chemical company, has initiated construction on a new polyethylene production facility at its Verbund site in Zhanjiang, China. The facility, designed to produce 500,000 tons of polyethylene per year, is set to meet the rapidly increa...
REPORTS
June 26, 2023
Aramco and TotalEnergies Initiate $11 Billion Petrochemical ...
Saudi Arabian oil giant Aramco and French multinational TotalEnergies, both key players in the global energy sector, have initiated the expansion of a petrochemical facility in Saudi Arabia, marking a significant milestone in their partnership. Aramc...
REPORTS
June 22, 2023
Navigating the Changing Tides: Anticipating a Turnaround in ...
Throughout 2023, there have been claims about a potential turnaround in freight rates, but with the exception of a couple of upward blips, these predictions have not come to fruition. Freight rates have been on a downward trend since October, resulti...
REPORTS
June 08, 2023
Polypropylene Supply Impacted by Phillips 66 Refinery Force ...
In a letter to customers, Phillips 66 declared force majeure due to unforeseen equipment failure and required unplanned maintenance at its Bayway refinery in New Jersey. The company added that the FM event restricted its ability to supply Polypropyle...
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