The European market will operate in a kind of stop and go mode in 2024. This means that larger polymer manufacturers will schedule maintenance at different sites, thus limiting their emissions at the company group level.
Demand has been low in the Polish polyolefin market in the last pre-holiday week, according to Chem-Courier’s data. Converters have been tapping into their raw material stocks or purchasing only small batches.
International distributor Biesterfeld and leading technical plastics manufacturer Celanese are further expanding their collaboration in the new year. The partners have agreed to enhance their joint portfolio and to cooperate to develop new markets.
New additions to the OQ Luban polypropylene impact copolymer (ICP) portfolio as well as a new LLDPE Rotomoulding offering OQ Luban LL8446.21 will be launched to customers by the end of 2023.
Indorama Ventures Public Company Limited, has been selected for inclusion in the Dow Jones Sustainability World Index (DJSI World) for the fifth consecutive year and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the seventh year in a row.
According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
Plast Eurasia Istanbul 2023, the 32nd International Istanbul Plastics Industry Fair, was held at Tüyap Fair and Congress Center in Istanbul, on November 22-25, 2023.
Despite raw material depreciation, converters did not buy more, they continue to purchase raw materials only on an as-needed basis. Some of them are using the stocks built during previous months
Rising expectations to Chinaplas 2024 from the industry
Interview partner: Dr. Michal Daněk, Key Account Manager Radiation Crosslinking at BGS
Polish converters continue to buy polyolefins on an ad hoc basis, and if possible, hold off new purchases in anticipation of further price cuts. Packaging remains one of the most active consuming industries.
