London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

BASF raises plastic additives prices worldwide

February 03/2021

MOSCOW (MRC) -- BASF has hiked its prices globally by up to 10%, effective immediately or as existing contracts allow, for products in its additives portfolio for plastic applications, said Chemweek.

The price rise is in response to higher costs for raw materials and logistics, it says. BASFs plastic additives business is part of its performance chemicals division.

As MRC reported before, BASF says it has shut down an unspecified unit at its 420,000-metric ton/year steam cracker site in Ludwigshafen, Germany, due to a technical defect. Unscheduled flaring started on 13 January at the northern part of the Ludwigshafen site and is expected to last until 17 January, it says. At around 4pm (local time) there was an outage at a unit at the northern part due to a technical defect. The unit will be partially shut down to repair the defect, it says.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports. At the same time, PP imports into Russia increased by 21% year on year to about 202,000 tonnes in the first eleven months of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.


mrcplast.com
Author:Anna Larionova
Tags:PP, PE, ethylene, propylene, BASF.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe