European polymer prices continued to fall over the week to 12th June. There were reductions of between 5 and 90 EUR per tonne reported in the prices of HDPE, LDPE, LLDPE, Polypropylene, PVC, ABS and Polystyrene.   Asian polymers fell with reductions of between 10 and 150 USD per tonne reported in the prices of […]

The UK government has committed to banning imports of diesel and jet fuel made from Russian oil by 1 January 2027.   The ban forms part of the government’s package of sanctions on Moscow following the war with Ukraine.   In May, the government said it would gradually phase out the use of diesel and […]

President Donald Trump has said “I love the inflation” after official figures showed that US prices rose last month at their fastest rate for three years.   Bureau of Labor Statistics (BLS) figures for May showed that prices had gone up by 4.2% over the previous 12 months. The rate of increase, from 3.8% in […]

The US has added several major firms from China, including e-commerce giant Alibaba and electric car maker BYD, to a list of companies said to have ties with the Chinese military.   The Department of Defense’s list aims to alert American organisations to the risks of doing business with the Chinese firms, but their inclusion […]

European polymer prices fell over the week to 5th June. There were reductions of between 10 and 25 EUR per tonne reported in the prices of HDPE, LDPE, LLDPE, Polypropylene and PVC. In the UK, prices fell across all grades as the Pound gained value against the Euro.   Asian polymers fell with reductions of […]

Japan’s defence minister has rebutted Beijing’s claim that his country was engaging in a “new militarism” – criticising China for its military expansion and lack of transparency.   Shinjiro Koizumi argued it was actually China and its “huge arsenal” of weapons that was of “serious concern” to the international community.   His remarks, on the […]

Donald Trump plans to invest hundreds of millions of dollars to revive the US coal industry, with much of the new funding coming through the president’s wartime powers.   “So today we’re taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, […]

The US has announced new tariffs of 10-12.5% on dozens of countries accounting for almost all its imports over concerns they are not doing enough to tackle forced labour.   It is the second time President Donald Trump’s administration has announced new import taxes since the US Supreme Court struck down many of his previous […]

European polymer prices continued to rise over the week to 29th May. There were increases of between 10 and 20 EUR per tonne reported in the prices of HDPE, LDPE, LLDPE and ABS.   Asian polymers fell with reductions of between 10 and 90 USD per tonne reported in the prices of HDPE, LDPE, LLDPE, […]

Chevron Phillips Chemical Company’s (CPChem) Golden Triangle Polymers plant in Orange, Texas, is reported to be entering its commissioning and startup phase. The facility expected to be fully operational in 2027.   The plant, which is a joint venture between CPChem (51%) and QatarEnergy (49%), includes a 2,080 KTA ethane cracker and two 1,000 KTA […]