Indorama Ventures has made its foray into Indian polyethylene terephthalate (PET) market with the acquisition of Micro Polypet (MicroPet) for an undisclosed amount. The company's wholly-owned subsidiary Indorama Ventures Global ...
Asian polyethylene terephthalate production margins remain in positive territory despite a sharp fall in PET prices Wednesday, May 13, underpinned by seasonal demand peak and even sharper falls in feedstock prices, Platts data shows. ...
France-based fruit and vegetable juice producer Jus de Fruits d'Alsace (JFA) is investing €15m ($17.9m) in a new PET bottling line at its production plant at Sarre-Union. With the new line that will become operational in April 2015, ...
Tags: PET bottling line, vegetable juice producer, Agriculture
The latest report by the National Association for PET Container Resources (NAPCOR) and the Association of Postconsumer Plastic Recyclers (APR) has revealed that the US recorded a recycling rate of 31.2% for PET bottles last year. This ...
Tags: Pet Bottles, Bottles Packaging
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
European imports of polyethylene terephthalate shot up by over 30% in 2013, according to Eurostat data published this week, and market participants believe that the specter of imports continues to loom over European producers. From ...
Indorama Ventures Public Company Limited (IVL), the world’s leading vertically integrated Polyester Value Chain producer, has successfully completed the refinancing of a US$640 million term loan for its business in the U.S.A. The ...
Tags: Indorama Ventures, Textile
The Asia-Pacific region will continue to be the largest market in the world for Purified Terephthalic Acid (PTA) by 2020, thanks to the region’s improving living standards, cross-industry usage of PTA products and expanding ...
Tags: PTA Demand, textile
Russian Prime Minister Dmitry Medvedev held a meeting on the development of the chemical and petrochemical industries. The attendees of the meeting included Deputy Prime Minister, Arkady Dvorkovich, Alexander Novak, the Minister of ...
Tags: Petrochemicals
In the US and UK the market for clothing for pets is growing. But is it a sensible bit of indulgence or an inappropriate fad, asks Helen Soteriou. Anyone going into a park during the recent cold weather might very well have seen dogs ...
Tags: dog, pet, dog clothing, pet clothing
Buyers of polyethylene terephthalate in Europe are reluctant to build inventories as they expect PET prices to decline in April, market sources said this week. These expectations are being driven by weaker upstream markets, as contract ...
Tags: Chemicals
US dairy firm Land O'Lakes has booked an increase in full-year profit, boosted by initiatives to build its value-added, branded business. In the 12 month period, net earnings totalled US$241m, a 31% increase on the prior year period. ...
Tags: dairy firm, Land O'Lakes, ull-year profit
The global PET market is expected to reach $48.4 billion in 2016, up from an estimated $23.3bn in 2010, registering a compound annual growth rate (CAGR) of 9.6% from 2011 to 2016, according to a report published by Transparency Market ...
Tags: PET market, growth, demand, packaging
Taiwan’s hand tool industry is pursuing sustainable development for the next decade after surging between the 1970s and 1990s and maturing in the 2000s. Matt Yang, project manager of the Office to Revitalize Traditional Industries at ...
Tags: Industry Trends, hand tool
Tightness in raw material supplies has sent North American prices for PET bottle resin up by an average of 4 cent per pound since Sept. 1. Paraxylene feedstock, in particular, has been in tight supply, according to buyers contacted recently ...
Tags: PET bottle resin