The contract price of propylene is expected to rise in July. However, unlike the polyethylene market, European polypropylene producers will have limited opportunities to raise prices due to continued low demand and the availability of cheaper imports.
The expected increase in demand in mid-June did not materialise, at least not to the extent predicted by producers and traders. Converters traditionally have been referring from purchasing materials for stock.
Southeast Asian countries, collectively known as the ASEAN, have shown the ability to adapt prosper amid economic uncertainty.
Aimplas is leading the SAFEREUSE project, which aims to evaluate the risks associated with reusable plastic food packaging when exposed to high temperatures in microwaves and dishwashers.
Polykemi Group’s latest sustainability report shows the biggest CO2e savings to date. The results are driven by increased use of recycled materials and measurable material choices through the Materialsmart concept.
In the last week of May, the price of propylene for June was announced, remaining unchanged compared to May. A slight increase in demand for polypropylene is forecasted for June, as for many converters it will be a month preceding planned shutdowns or holidays.
Nearly 150 professionals from the plastics sector gathered in Valencia over two days for the fifth edition of OKPLAST.
Colines has taken a significant new step on its path toward sustainability by publishing the company’s first-ever ESG Sustainability Report. This detailed document demonstrates and highlights our concrete commitment to increasingly responsible, innovative, and transparent development.
In Poland, participants in the polyethylene market hope for a demand recovery in the second week of the month after a weak start in May. Producers of finished goods were hoping for a decrease in material costs, which prompted them to take active steps in the first working week of the month.
The globally operating ENGEL Group has closed the 2024/25 financial year with a turnover of approximately EUR 1.5 billion. Despite a continued decline in market conditions, the injection moulding machine manufacturer held its ground against European competitors.
The polypropylene market in Poland has been showing signs of poor activity for an extended period. Market participants point to a decline in orders for finished products, stagnation in the automotive industry in Europe, as well as overall economic slowdown.
Recently, there has been some turmoil in the market, caused by actions taken by the White House administration and reactions from China and the European Union. Market participants closely followed the changing situation regarding tariffs.
