[NEWS] PLASTIC INDUSTRY LAST WEEK (September 13-September 19)

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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