Connecting Businesses In the World Of Plastics
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PVC demand returned to positive growth in 2010 following the collapse in consumption seen in 2008 and 2009. In recent years, China has become the main driver of global growth. Producers in Western regions have been able to maintain operating rates due to large volume of exports. PVC demand growth is forecast to continue in 2011 but the start-up of additional capacity in China will see global operating rates remaining low. Environmental and safety issues as well as substitution by polyethylene have negatively affected PVC consumption. However, the cost competitiveness of PVC is expected to maintain support for consumption growth in the key construction sector once that industry recovers. Read more in
Current demand for PVC compounding at 34.5 mln tons is still below the 2007 level. The mature markets of NAFTA and Europe are offset against the developing markets, giving an average annual growth rate of 4% from 2010-2014, with demand in China predicted to rise fastest at 8-10% pa. In Europe around 85% of compounding is in house for applications such as pipe, film, sheet and flooring. The biggest EU market for bought-in compounds amounted to 21% for the cable industry, followed by 16% for window profile manufacturing. Changes to European chemical regulations are driving research into new PVC formulations, particularly heavy metal stabiliser replacements. Read in
Global economic slowdown in 2008 led to a rather lackluster year for most key industries in India due to lower economic growth. 2009 brought cheers to the industrial and manufacturing sectors, and consumer market also saw a revival of growth. To know more about the rate of growth in recent years, the factors driving this growth, the products that have seen maximum growth, policies and government initiatives, and growth forecast, read
The pipeline industry continues to see global growth to provide increased security of energy and water supply. With hostile environmental conditions in many locations, the pipeline protection market is expanding to meet the requirements. Pipe coating market has been valued at around 5 bln euros in 2009 and predicted to expand to 6.5 bln euros by 2013. The highest demand for coatings is in Asia with 23% market share, followed by Europe at 19%, then NAFTA and the CIS states at 17% each. Read more in
New environmentally friendly polystyrene materials are being developed that will reduce the amount of polystyrene waste. The new products could have huge environment and sustainability benefits for industry and the wider community. Read more in
Majority of electronic paper currently available on the market is made with glass substrate, but transparent conductive film is expected to be increasingly adopted as the main substrate of future electronic paper because it enables the production of lighter and thinner devices. The market for electronic paper is expected to grow rapidly in fields including e-books, mobile phones, wristwatches, electronic tags, point-of-purchase advertising, digital signage and more. Conductive film is thin, light, resilient and flexible, making it superior to glass in many ways. Read about the newer commercial developments in
In the near future, all communication will go through fiber optics cable coming into every home — telephone, cable TV, the Internet. But to avoid bottlenecks of information, the information coming through will need to be separated into different channels. The new polymeric devices can do that in the optical domain at an unimaginable speed, quality and cost. Read more in
Processors, who face problems with difficult regrind materials, can now opt for new developments. Advances allow the processing of the most difficult flake regrinds by being able to cram materials into the throat of the extruder eliminating variations in flow due to bulk density variations. Another new system has been developed that combines conveying and cleaning of plastic regrind materials by cleaning it effectively from dust and light particles. The system reduces the processing costs and increases the value of the raw material. Read in
    
PRICE TRENDS for the week
NAPHTHA  
Naphtha prices in Asia rose past US$1100/MT in Asia in the week of May 1, 2011. Midweek, naphtha price was at a fresh 33 month high amid robust global crude futures and reduced deep-sea supply...
ETHYLENE  
Ethylene prices have stagnated at US$1355/MT in Asia in the week of May 1, 2011. Prices have not risen in line with rising crude and naphtha amid lackluster trading in China. Markets have been dull...
PROPYLENE  
Propylene prices have risen to US$1580/In Asia in the week of May 1, 2011 on persistent high offers from sellers. Sellers were unable to offer any reductions amid persistently stronger oil and naphtha prices...
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