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PET

A line graph showing the price gap between paraxylene bought and sold in the United States compared to West Europe and Asia.

5 min read

Paraxylene Price Points: Forecasting from Firm Foundations

Jane Denny: Jun 13, 2024 2:29:23 PM

In today’s money, the first comprehensive world market paraxylene survey ever published would set a buyer back US$33,000. In fact, it was the...

A chart showing the price of paraxylene. It demonstrates the price gap between Asian-origin product (the gold baseline) versus (red) European and (blue) US product.

7 min read

Western PET Sector Profit Loss 2023: How Much and For How Long?

Tecnon OrbiChem: Dec 7, 2023 7:05:25 AM

PET industry participants in Europe and North America are locked in a fight for survival. What can the PET sector do to improve its outlook for 2024?...

Graph indicating EU PET imports from July 2017 - July 2023.

2 min read

PET Anti-dumping Update: Proposed Provisional Duties

Tecnon OrbiChem: Nov 3, 2023 2:55:59 PM

On 31 October 2023, the European Commission communicated the latest details of its anti-dumping investigation into Chinese polyethylene terephthalate...

The Tecnon OrbiChem team enjoys some downtime at the 57th EPCA Annual Meeting in Vienna in 2023.

6 min read

Key Takeaways From a Premier Petrochemicals Event: EPCA Vienna 2023

Tecnon OrbiChem: Oct 10, 2023 4:30:45 PM

Tecnon OrbiChem experts connected (and reconnected) with cohorts of petrochemicals-focused contacts cultivated over 50 years at the end of last...

A South Korean flag waves in the wind in the background of China's ensign.

3 min read

Chemicals Sector South Korea: Adapt or Dwindle Approach

Hyunmin (Min) Kim: Sep 11, 2023 1:10:44 PM

South Korean petrochemical firms are adapting their business portfolios to combat oversupplied markets amidst a bearish demand for products.

A graph showing the volatility of global acetic acid prices between 2020 and 2023.

4 min read

Biobased Acetic Acid: Making a Key Chemicals Feedstock Sustainable

Jane Denny: Jul 20, 2023 9:59:55 AM

Acetic acid has been made by biobased routes for centuries, albeit in a dilute form. If wine or other alcoholic beverage made by fermentation is...

Imports to the EU per origin country for PET used in plastic packaging.

1 min read

PET & Its Raw Materials: Outlook for 2023, & 2022 in Review

Tecnon OrbiChem: Feb 20, 2023 6:35:08 AM

As we look to the PET sector's high season - Q2 2023 - market participants will be keen to lower the paraxylene cost disparity compared to Asia. It...

Image shows Ukraine, Russia Belarus and some surrounding countries

7 min read

Chemical industry: Russia–Ukraine war impact analysis July 2022

Tecnon OrbiChem: Jul 20, 2022 9:29:40 AM

Russian-origin raw material for unsaturated polyester resin (UPR) production is entering Turkey before sale to European buyers as end product....

Image shows a SWOT analysis of raising inventory versus lowering inventories in volatile economic and political times

4 min read

New Chemical Industry Imperatives: Expanding Inventory & Making Supply Chains Robust

Charles Fryer: Jul 12, 2022 10:17:08 AM

Factories need to keep inventory, to guard against delayed delivery of vital feedstocks or components. This is especially the case for chemical...

Image shows two bar charts of epoxy resin imports to the US and Europe from 2019 to 2021

6 min read

Retreat of Western Investment in - and Reliance on - China

Charles Fryer and Jane Denny: Jun 16, 2022 10:20:07 AM

For several decades until last year, China was regarded as the workshop of the world. Businessmen and women flocked there to have the production of...

Graph showing the Global PET and raw materials market in 2022.

2 min read

Profitability in 2022: West Welcomes Sharp Improvement

Javier Rivera: Feb 14, 2022 12:00:00 AM

There is exceptional profitability for products in the polyester chain in Europe and the US today. Heightened local prices and good profits are...