![European producers plan to increase LLDPE and LDPE prices](https://res.cloudinary.com/plast/image/upload/c_fill,d_default.png,dpr_auto,f_auto,g_auto:classic,h_186,q_auto,w_314/v1/plastech/images/news/19661/depositphotos-62345881-s-2019.jpg)
European producers plan to increase LLDPE and LDPE prices
European producers of LLDPE and LDPE plan to increase prices next month in line with the rise in ethylene costs.
European producers of LLDPE and LDPE plan to increase prices next month in line with the rise in ethylene costs.
New version of the Design for Recycling Guidelines for all plastic packaging streams was released by RecyClass.
As forecasted by Chem-Courier, due to shortages of certain materials in the market, their prices have increased. However, if there are further increases, it will be by another 10-20 euros.
The Gneuss MRS Extrusion Technology is well known as an alternative for the recycling of contaminated materials such as Polyester (PET), Polystyrene (PS), Polypropylene (PP) or Polyethylene (PE).
Market participants anticipate another price increase in the second half of the month. Such assumptions are based on the progressive reduction in the availability of polyethylene, both European and imported.
Based on problems with the availability of imported materials, European producers will attempt to maintain prices at the level of the previous month or slightly raise them.
On 1 July 2024, Krones Recycling GmbH, under the management of Dr Michael Gotsche, commenced business operations with headquarters in Flensburg. The newly founded company takes over all activities relating to plastics recycling, but continues to utilise Krones' global production, sales and service network.
Masterbatch specialist offers the ideal colouring for every plastic.
Borealis is pleased to introduce Borcycle GD3600SY, a glass-fiber reinforced polypropylene (PP) compound with 65% post-consumer recycled (PCR) polymer content.
Market players had hoped for increased PE demand due to summer activities in Europe, but they did not observe significant impacts. Nonetheless, this month is described as relatively active in PE and PP sales.
trinamiX GmbH, a leading provider of mobile spectroscopy and a wholly-owned subsidiary of BASF, announces their presentation of Mobile NIR Spectroscopy Solutions at the upcoming PRSE 2024.
According to the forecasts of Chem-Courier, the contract price of ethylene has decreased by €30/t compared to last month.