Pirelli, Pyrum, Synthos, and BASF Join Forces to Transform Waste Tires into Recycled Materials
2026-07-23 11:52:10The project collects end-of-life and waste tires across Germany, sourcing them from Driver retail stores, various motorsport events, and the Pirelli Breuberg plant as raw materials for the integrated recycling process. Pyrum uses a pyrolysis process
International oil prices drive regional divergence, asian pp market continues to rise while europe and america face pressure
2026-07-23 10:05:27I. Overall Performance of the International Market This Week This week, the international polypropylene (PP) market showed significant regional divergence. The Asian market continued its upward trend driven by costs, while the European and American m
【Overseas News】Shipping traffic in the Strait of Hormuz has sharply declined! South Korea approves the reorganization of Liuzhi Petrochemical; Italy shuts down the PE plant
2026-07-22 17:41:51International News Brief Feedstock News – South Korea Approves Yeosu Petrochemical Restructuring and Commits USD 472 Million in Support to Address the Industry Downcycle The South Korean government has approved a major petrochemical restructuri
Responding to capacity cycles! south korea approves restructuring projects for four major petrochemical firms, allocates $472 million support funds
2026-07-22 16:44:00Singapore (ICIS) — The South Korean government has approved a major petrochemical restructuring project in the southern city of Yeosu, involving Yeochun NCC (YNCC), Lotte Chemical, Hanwha Solutions, and DL Chemical. The government has pledged support
Strait of Hormuz Blocked Again, Supply-Demand Mismatch in Polyolefin Market Set to Intensify!
2026-07-22 14:47:40In recent times, geopolitics has become the core variable driving polyethylene and polypropylene futures markets, and the two blockades of the Strait of Hormuz have pushed this influence to a new level of structural pricing. As the global hub of core
Versalis Shuts Down Polyethylene Plant in Brindisi, Italy
2026-07-22 14:28:28Eni’s chemical subsidiary Versalis confirmed to S&P Global Commodity Insights’ Platts by email on July 21 that the company has shut down its polyethylene (PE) production unit in Brindisi, Italy, and placed the unit in a mothballed state. In it
Oil Prices Climb; Polyolefin Spot Prices Surge for Second Consecutive Week！
PA Cost Floor Offset by Weak Demand！Market Segmentation Widens！
