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China

Latest news

11.01.2023 POLYMER PRICES  China standard thermoplastics December 2022: Most prices decrease amid soft demand / Some converters lower run-rates due to Covid outbreaks / January demand expected to be weak due to Chinese New Year

06.01.2023 AMCOR  Packaging group quits Russia / Sale of three plants / New production facility in China

15.12.2022 POLYKEMI  Start-up of second Chinese plant / US compounding delayed

13.12.2022 POLYMER PRICES  China engineering thermoplastics November 2022: Prices down across the board amid cheaper feedstocks / Operation rates for PC, PA 6 down / December seen weak despite lifting of Covid-19 restrictions

13.12.2022 INEOS  Fourth Chinese JV with Sinopec / 1.2 mn t/y cracker due onstream in late 2023 / Deal includes ABS, HDPE plants

12.12.2022 POLYMER PRICES  China standard thermoplastics November 2022: All types see a downtrend / Generally weak demand / Covid restrictions eased significantly / Uncertain outlook for the domestic economy

09.12.2022 INEOS STYROLUTION  ABS ECO grades validated for China‘s Midea home appliances / Closed-loop economic model for styrenics

06.12.2022 RUSSIA  EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market

05.12.2022 PLASTICS AND ENERGY  Germany, Qatar announce LNG deal / Gulf state to supply some 2 mn t/y from 2026 / ConocoPhillips tapped as shipper

01.12.2022 LOGISTICS  The Kiel Canal is closed / Striking truck drivers in South Korea threatened with fines / Container prices continue to fall

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