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  1. Where the olefins and polyolefins markets are headed in 2022

    ... simultaneously led to a significant rise in olefins’ cost of production vs 2020. Despite this, many major olefins producers posted all-time high revenues from the petrochemical segment in 2021, largely due to the downstream integration into PE and PP and capacity additions in the Atlantic basin. In 2022, the following five key trends will shape the olefins market: 1. Energy and petrochemical feedstock prices will remain volatile In 2021, the recovery from the pandemic was uneven, with oil, NGL,...

  2. Petrochemicals in facts and figures

    ... planning to release around 1 trillion yuan (USD 154.19 billion) worth of liquidity into the economy through a 50-basis-point cut to the reserve requirement ratio (the amount of cash that banks must hold as reserves). With their supply chains hit by the crisis, producers have undertaken an inventory restocking phase for fear of supply shortages. The global shortage of shipping containers sent shipping prices soaring. For destinations from Asia to Europe and the USA, shipping prices ...

  3. Petrochemicals: numbers

    ... optimistic expectations were largely driving business activity in Europe and the US, where the Purchasing Managers’ Index (PMI) was above 50 throughout the entire Q1 of this year. Measures taken by the US Congress that allocated $1.9 trillion to support the economy have also influenced this business parameter. Of them, $400 billion will be channeled to control the coronavirus situation, $1 trillion—to support the population, and the rest—to support businesses. On July 4, Joe ...

  4. It is important to see shifts in demand

    ... delivery services. These are global trends. They are actively growing and require new packaging solutions. – How is PolyER minimising the negative impact on the environment? – We are using recyclable polymers in the production of packaging. These are PP, PET and already recycled PET flakes. At present, the share of PET flakes (RPET) in the total volume of the recycled polymers is more than 15%, and is constantly growing. In 2019, the company invested in equipment that allows recycled flakes to be ...

  5. A rally on the polymer market

    ... polyethylene, propylene and polyethylene terephthalate. Rusprodsoyuz emphasises the fact that the price increase of packaging automatically means the production cost of the final product also increases. The Association of Plastic Processors (APP) presented its perspective on the problem. In March, the organisation sent an appeal to the head of the Russian Government to restrain prices for basic materials. The appeal cites data from the industry agency Plastinfo.ru, according to which the price ...