and polymers
Remember MeForgot password?
Sales Department:
PureCycle and Mitsui to build PP recycling plant in Japan20 Mar 2023 / ChemCourier. Polyolefins Market Weekly / production


PureCycle Technologies, a US plastic recycling company, and Mitsui & Co., Ltd., a global investment and trading company based in Japan, announced on 17 March that they had entered into an agreement to develop and operate a PP recycling plant in Japan. The companies signed a memorandum of understanding in September 2021. The construction of the plant that will transform PP waste into an ultra-pure recycled (UPR) resin is scheduled for completion in 2026. The unit will produce 130 million lb (59,000 t) of UPR annually. The partners plan to expand the production in the long run. PureCycle’s patented technology removes virtually all the contaminants, colours and odours from PP plastic waste and turns it into the UPR resin that can be reused and recycled multiple times, according to the companies’ representatives.

Dustin Olson, PureCycle CEO, believes that Mitsui is a strong partner in the goal to solve the global plastic waste crisis. He is sure that the project is a major step forward to bring a true circular solution to PP plastic waste to Japan and help establish a circular economy in the country. He also thinks that the proposed PP recycling unit will become a strategic sustainable supply location for automotive, electronics and consumer goods industries in the country. PureCycle and Mitsui have yet to pick the final location for the future unit, but they want to build it between major population and industrial centres to optimise supply chain activities for both feedstock and UPR resin.

The company is pursuing its global growth strategy with this new project. PureCycle will build a similar facility in Belgium in a joint venture with the Port of Antwerp-Bruges. The construction will start upon completion of the regulatory approval process expected in 2024. The company also plans to commission a PP recycling plant in South Korea that will be the first project of this scale in Asia after the startup in 2025.

Read More »
Chem-Courier launches new report on polyolefins23 Feb 2023 / ChemCourier. Polyolefins Market Weekly / prices & market situation


Dear market player,

The market intelligence company Chem-Courier is pleased to offer our brand new report Polski Tygodnik Poliolefinthat focuses on the polyethylene and polypropylene markets of Poland. This weekly report, representing our 25-year experience in market analysis and forecast, is our response to a request to provide business intelligence data on one of the largest polymer markets in Europe and its east particularly.

The new service provides the following up-to-date information:

-   PE and PP pricing data and outlook for Poland

-   PE and PP pricing data and outlook for Northwestern Europe

-   PE pricing data and outlook for United States

-   Price trends in the Middle East and China

-   Global PE and PP production updates

-   Import and export statistics



Don’t miss out on the opportunity to receive a free sample of Polski Tygodnik Poliolefinów, just click here.

You can also request free trial access to our Polyolefins Market Weekly and PVC Market Weekly reports by clicking here.

Our analysts are always available for consultation and discussion to anyone in need of further information and insights. Should you have any questions, please send an email to

Read More »
Yansab's revenues and profits tumble in 20227 Feb 2023 / ChemCourier. Polyolefins Market Weekly / ChemCourier. Butadiene&C4s Weekly / ChemCourier. Propylene Weekly / company news


Yansab’s generated net profits plunged by 72.96% year on year to SAR 414.10 million after a tax and Zakat, an annual obligatory Muslim donation of wealth to charitable causes. The company profited SAR 1.53 billion in 2021. Its revenues also plummeted by 6.33% on an annualised basis to SAR 7.02 billion in 2022. Yansab achieved 7.49 billion in revenues in 2021. The company’s earnings per share stood at SAR 0.74 in the twelve-month period, SAR 1.98 less than in 2021.

After a tax and Zakat, Yansab’s net profits declined by 57.32% year on year to SAR 510.60 million in the first nine months of 2022 from SAR 1.19 billion in the same period of 2021. The company achieved 5.62 billion in revenues in January—September 2022, which is 2.60% above the January—September 2021 figure of SAR 5.48 billion. In the first nine months, its earnings per share fell from SAR 2.13 in 2021 to SAR 0.91 in 2022.

Yanbu National Petrochemical Company (Yansab) is one of the major Saudi Arabian petrochemical producers. The company closed its petrochemical complex in Yanbu Industrial City, Saudi Arabia, for a 53-day scheduled turnaround on 10 January. The complex consists of 1.3 million-tpy ethylene, 400,000-tpy propylene, 700,000-tpy monoethylene glycol, 400,000-tpy polypropylene, 400,000-tpy linear low-density polyethylene and 400,000-tpy high-density polyethylene units. It also includes butene, benzene, methyl tert-butyl ether, methyl methacrylate styrene, diethylene glycol and triethylene glycol plants.


Read More »
ChemCourier. Polyolefins Market WeeklyCFR China $/t
ChemCourier. PVC Market WeeklyPVC $/t
ChemCourier. Polyolefins Market WeeklyFD NWE Europe €/t
Chem-Courier's Conferences

27 Mar 2023BASF has started maintenance at its steam cracker in Ludwigshafen, Germany, on 27 March, according to the company’s notice to the local community. The company warned
27 Mar 2023Serbia’s HIP-Petrohemija has been holding the E-SBR price at €1,550/t FCA Elemir this week. The company has been offering only 1502
27 Mar 2023On 21 March, Olin announced its decision to cease cumene production at the Terneuzen-based facility in the Netherlands amid sluggish demand. The company will also stop
27 Mar 2023Benzene prices keep tending upwards in Russia. In March, producers’ ones have been varying widely from RUB 15,000/t to RUB 30,000/t. KINEF sold 67 t at RUB 33,000/t and
27 Mar 2023Product/Source Destination Feb 23 Jan 23 change Jan-Feb 23 Jan-Feb 23/Jan-Feb 22 in tonnes Thermoelastoplast 461 2,211 -79% 2,672 -72% Voronezhsintezkauchuk
27 Mar 2023Product Source Grade Feb 23 Jan 23 change Jan-Feb 23 Jan-Feb 23/ Jan-Feb 22 in tonnes Thermoelastoplast 461 2,211 -79% 2,672 -72% Voronezhsintezkauchuk SBS
27 Mar 2023Dow Chemical had technical issues at its 1.01 million-tpy Light Hydrocarbon 8 (LHC-7) unit in Freeport, Texas, on 24 March. The company spotted a leak in a valve body
27 Mar 2023According to shipbrokers, an international company has booked Mockingbird vessel to transport a 6,000-tonne styrene lot from Houston, the USA, to Santos, Brazil, on 1
24 Mar 2023USA Delivery terms Unit 24 Mar 2023 17 Mar 2023 Change 24 Feb 2023 Change Apr 2023* FAS Houston $ / t 850–920 850–920 870–920 -10 ê 30 *Forecast
27 Mar 2023Styrene consumption has edged down due to lower PS output, while that of butadiene has been unaltered amid stable ABS production in China. Local PS makers reduced
27 Mar 2023Product Destination Jan 23 Dec 22 change Jan-Dec 22 Jan-Dec 22/ Jan-Dec 21 in ‘000 tonnes SBR 4.73 2.78 70% 48.97 -11% Germany 0.82 0.13 5.07 -48% Czech
27 Mar 2023Product Destination Jan 23 Dec 22 change Jan-Dec 22 Jan-Dec 22/ Jan-Dec 21 in ‘000 tonnes SBR 40.65 38.41 6% 509.11 -13% China 7.84 7.14 10% 88.20 -22%
Middle East
24 Mar 2023Türkiye Delivery terms Unit 24 Mar 2023 17 Mar 2023 Change 24 Feb 2023 Change Apr 2023* CFR Türkiye (US origin К65) $ / t 950–980 950–980 920–950 30 CFR
23 Mar 2023PP Saudi Arabia, $ / t Basis Product 23 Mar '23 Change 23 Feb '23 Last month Apr '23* FOB Saudi Arabia PP homo 1110–1130 1020–1040  90 PP random copo
23 Mar 2023HDPE Saudi Arabia, $ / t Basis Product 23 Mar '23 Change 23 Feb '23 Last month Apr '23* FOB Saudi Arabia HDPE inj 1170–1190 1160–1180  10 HDPE BM 1120–1140
More news »
Petrochemicals and Polymers

© 2004-2023 Metal Expert, all rights reserved

Free Trial »Subscribe »About Us »Contact Us »Conferences »Methodology »Back to top