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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 offers revealed for Jan in UAE

Emirati players received rollovers to decreases from producers…

  • 02.01.2019

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

Borouge begins construction of new PP plant in UAE

The company has broken ground on the fifth PP plant at its Ruwais site…

  • 19.12.2018

IEA revises estimates for non-OPEC supply in Nov report

New data in the latest report showed little change to the agency’s previous estimates…

  • 13.12.2018

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

Emirati players start to receive Dec PP, PE offers

The latest prices were considerably lower than last month…

  • 10.12.2018

13th GPCA forum ends with renewed commitments towards circular economy

The 2-day meeting was concluded on November 28…

  • 29.11.2018

ADNOC and Mubadala ink deal to explore growth opportunities

The UAE-based companies aim to extend their collaboration into the global downstream arena…

  • 14.11.2018

ADNOC signs framework agreement with Uzbekneftegaz

The UAE-based major will provide strategic advice to Uzbekistan's oil and gas producer…

  • 14.11.2018

Import and local PP, PE offers revealed for Nov in UAE

Producers approach the market with rollovers to decreases…

  • 06.11.2018

GPCA counts down days to 13th annual forum

The forum will take place on November 26-28 in Dubai, with the theme of “Executing Transformation and Investing in Growth”…

  • 24.10.2018

Import and local PP, PE offers revealed for Oct in UAE

Domestic and regional producers approached the market with rollovers to decreases…

  • 05.10.2018

ADNOC achieves full output at new PDH plant

Abu Dhabi National Oil Company (ADNOC) has achieved full production of polymer-grade propylene at its...

  • 20.09.2018

Import and local PP, PE offers revealed for Sept in UAE

In the United Arab Emirates, players have started to receive new September PP and PE offers from both regional and domestic producers with...

  • 04.09.2018

PP, PE markets face stable to softer trend for the 5th month in a row in Mid-East, Africa

In the Middle East and Africa, most regional producers revealed their PP and PE offers for August with rollovers to decreases. According to ChemOrbis Price Indices, this is marked as the fifth consecutive month that both markets have been on...

  • 13.08.2018

Emirati players start to receive August PP, PE offers

Players in the United Arab Emirates have started to receive new August PP and PE offers from Saudi producers with...

  • 07.08.2018

Maire Tecnimont wins contracts for Borouge’s new PP plant

Maire Tecnimont’s main subsidiaries have won several new awards and contracts by United Arab Emirates’ Borouge for a total amount of $...

  • 16.07.2018

Stable to soft trend retained in July PP, PE offers to Mid-East, Africa

Players operating both in the Middle Eastern and African markets have received July PP and PE prices with mostly rollovers to decreases. Although some suppliers attempted for...

  • 10.07.2018

Import and local PP, PE offers revealed for July in UAE

In the United Arab Emirates, players reported that both regional and domestic July offers were revealed, with producers adopting different pricing strategies...

  • 04.07.2018

More Mid-Eastern producers reveal June PP, PE offers to UAE

In the United Arab Emirates, more producers from the Middle East approached the country’s PP and PE markets, adopting...

  • 11.06.2018

Import and local PP, PE offers revealed for June in UAE

In the United Arab Emirates, players reported that Middle Eastern producers revealed their June offers with mostly...

  • 04.06.2018

June expectations surface in Mid-Eastern, African polyolefin markets

Polyolefin players in the Middle East and Africa started to voice their expectations for June on a mostly stable to softer note in the midst of opposite pressures coming from...

  • 25.05.2018

ADNOC inks MoU with Ravago for Ruwais complex

Abu Dhabi National Oil Company (ADNOC) has announced that the company has signed a memorandum of understanding (MoU) with Belgium-based Ravago Group...

  • 16.05.2018

ADNOC announces plans to expand downstream business

According to a press release on the company’s website, the state-owned Abu Dhabi National Oil Company (ADNOC) is planning to invest $...

  • 14.05.2018

720 record found.
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