PLASTIC NEW POINT (September 13-September 19)
- Currency rates on September 19: The US dollar continues to rise strongly
- Gas shortage and soaring prices in Europe are an opportunity for Asia to export petrochemicals and plastic resins
- World petroleum market on September 19: Move up
- The price of LLDPE plastic in Europe is falling sharply
- BSR announces the overall maintenance plan in 2023, studying to increase PP capacity
- Korea’s LG Chem and Kpic halt PP production
- Soaring raw material prices push PC prices in China higher
- India’s raw plastic imports increased by 47.5% in August 2022
- World Petrochemical Index fell sharply in August
- Dow expects third-quarter revenue to plummet $600 million due to reduced capacity 723 15.09
- Global oil demand growth slows in fourth quarter of 2022 Global methanol market tightens
- Thailand’s TOP oil refinery expands operations in Vietnam
- Railroad plastic transportation in the US disrupted by embargo and strike
- Currency rates on September 13: The yuan continues to rise
- World petroleum market on September 13: Rising and falling Sinochem China inaugurated a new engineering plastic factory with large ABS capacity
- Reliance India acquires two polyester manufacturing companies
- Formosa Taiwan, TPC Vietnam reduce PVC factory capacity
By: giahatnhua.com
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