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Import and local PP, PE prices for June announced in Nigeria, Kenya

Nigerian ELEME’s offers were unchanged while a Saudi major cut offers to Kenya…

  • 12.06.2019

Sasol signs credit deal to refinance Lake Charles project loans

The new credit facilities amount to around $1.8 billion…

  • 11.06.2019

Continental free trade agreement comes into force in Africa

The agreement aims to boost intra-African trade and the continent’s position in the global trading market…

  • 30.05.2019

Tourists to Tanzania banned from taking any plastic bag

A total ban on the use of plastic bags is set to take effect on June 1…

  • 29.05.2019

May PP, PE offers to Mid-East, Africa remain stable to firm

PP and PE suppliers have maintained their firm stance for May and approached the Middle-East and Africa with rollovers to slight gains. However, players were skeptical about the workability of these hikes, pointing to limited demand...

  • 08.05.2019

Saudi major announces May PP, PE offers to Kenya

PE prices held mostly steady while PP saw increases of $20/ton from April…

  • 07.05.2019

Import and local PP, PE prices for May announced in Nigeria, Kenya

ELEME’s new offers saw increases ranging between NGN10,000/ton to NGN15,000/ton…

  • 02.05.2019

April PE prices cautiously up in Mid-East, Africa; PP firms for 2nd month

Middle Eastern and African PE markets have leaned towards a steady-to-firm trend in April. PE prices followed divergent paths back in March after having been on a steady to soft note during the first two months of the year. PP markets are relatively stronger, meanwhile, as monthly hikes have somewhat gained momentum across the two regions...

  • 02.04.2019

Nigeria’s ELEME announces PP, PE offers for April

The latest PE offers were unchanged while PP grades saw increases of NGN10,000/ton ($28/ton)…

  • 01.04.2019

Turkey’s Ronesans and Algerian Sonatrach to form joint venture

The companies applied to the competition board on March 15…

  • 19.03.2019

March PE prices take split paths in Africa, Mid-East

In the Middle East, March PE offers from the regional suppliers emerged with rollovers to increases amid higher energy and upstream costs. However, rising costs have failed filter through the March prices in African PE markets, where prices remained stable or decreased from February...

  • 19.03.2019

Mid-Eastern producers announce March PP, PE offers to North Africa

Players reported moderate demand and comfortable supplies…

  • 06.03.2019

Stable to firm trend pervades PP markets in Mid-East, Africa

New PP offers in the Middle Eastern markets have rolled over or increased from last month amid planned and unplanned shutdowns after firming attempts showed up sporadically but somehow failed to prevail across the region in February. March offers to African PP markets are also stable to firm, first time after one year...

  • 05.03.2019

Import and local PP, PE prices for March announced in Nigeria, Kenya

ELEME rolled over PE prices and increased PP offers by NGN10,000-11,000/ton…

  • 04.03.2019

Sentiment fails to improve in Feb across Mid-Eastern and African PP, PE markets

A lackluster sentiment has been clouding the PP and PE markets in Africa and Middle East since the second half of 2018. Some hike attempts have surfaced in February; however, comfortable supplies and moderate-to-low demand yet again kept prices relatively stable...

  • 12.02.2019

Thai Indorama acquires packaging business in Nigeria

The transaction is expected to be completed within this quarter…

  • 08.02.2019

Import and local PP, PE prices for Feb announced in Nigeria, Kenya

Nigerian players received stable to softer offers from the local producer ELEME…

  • 05.02.2019

Saudi Arabia plans new refinery, petchem plant in South Africa

Saudi Arabia previously pledged to invest $10 billion in South Africa…

  • 21.01.2019

Total and Sonatrach sign JV deal for new project in Algeria

The joint venture will be owned 51% by Sonatrach and the rest by Total…

  • 21.01.2019

Global producers form alliance to end plastic waste

The alliance aims to invest $1.5 million over the next five years…

  • 16.01.2019

Players tread with caution in Mid-Eastern and African PP, PE markets

PP and PE markets in the Middle East and Africa have had a quiet start to the year as a lack of consensus on the market outlook found reflection in the trading activities. New offers for January were revealed steady to softer from last month, sustaining the same trend in place for the large part of last year...

  • 08.01.2019

Import and local PP, PE prices for Jan announced in Nigeria, Kenya

The new offers indicated rollovers to decreases from December…

  • 07.01.2019

A look back at Middle Eastern, African PP markets in 2018: Softening trend prevails on tepid demand

Middle Eastern and African PP markets started the year with strong pricing policies because of several shutdowns at the regional plants and then-high monomer and feedstock costs. However, the latter half of the year saw markets track the global downtrend amid poor macroeconomic conditions and political uncertainties...

  • 27.12.2018

Bearish trend pervades Mid-East and African PE markets in 2018

PE prices have tracked a downward trend for the most part of 2018 in the Middle East and Africa. Local and import markets have been falling for the last 8- 9 months in a row. ChemOrbis Price Indices currently represent the lowest levels of the past few years in many countries across these regions...

  • 13.12.2018

Saudi major reveals December PP, PE offers to Tunisia

New offers suggested declines from November…

  • 11.12.2018

1784 record found.
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