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  1. Polymer Prices

    ... Russian market. The rise in global oil prices during 2021 sent jet fuel prices up as well. The rising global oil and gas prices in 2021 were also among the causes for the increase in prices of polymer products; the key feedstock for polymers is LPG produced from associated petroleum gas and naphtha, so when prices rose, polymer prices inevitably followed suit. Another important factor was that 2021 was also the year that, despite new waves of the virus, the global economy recovered from ...

  2. CIS Petrochemicals

    ... step is chemical recycling. SIBUR scientists are developing the thermolysis of mixed plastic waste and the chemical recycling of polyethylene terephthalate (PET). SIBUR’s sustainable development model puts a lot of weight not just on diversifying LPG and recycled plastic feedstocks, but also on creating products that use bio-based materials and CO2 as inputs in the medium term. Maxim Remchukov’s talk The future of isocyanates Alexey Ioffe, Methylene Diphenyl Diisocyanate (MDI) Project ...

  3. A rally on the polymer market

    ... collapsed OPEC+ deal in March). However by the third and fourth quarters of 2020, the demand for polymer products had started to pick up, including for engineering plastics, and processors’ operating rates began to grow. At the same time, prices for LPG and naphtha, essential materials used in the production of polymers, increased. In particular, in the European Union, the cost of liquefied petroleum gas (C3, C4) increased by an average of 92% from the second quarter of 2019, and the price of naphtha ...