Distinctive Attributes and Applications of PET and PE in the Plastics Sector

October 17, 2024 – In the chemical industry, Polyethylene Terephthalate (PET) and Polyethylene (PE) emerge as two prominent plastic materials, each boasting unique physical attributes and tailored applications. PET, typically manifesting as a colorless, transparent (amorphous) or milky white (crystalline) substance, exhibits distinctive combustion characteristics. While it is not easily ignited, once ignited, it burns…

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Soaring Oil Prices and Macroeconomic Boost Drive Plastic Market Gains Post-Holiday

October 09, 2024, The international oil market witnessed a robust surge post the National Day holiday, driven by escalating tensions in the Middle East. On the 7th, concerns over the intensifying conflict in the region propelled oil prices significantly higher, with both WTI and Brent crude closing up over 3%. Specifically, WTI settled at 77.14perbarrel,markinga3.7180.93…

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September 25, 2024 – Domestic Petrochemical Inventories Rise Amid Shifting PE Market Dynamics

September 25, 2024 – Domestic petrochemical inventories have witnessed a surge, with the total polyolefin stockpile of the two major oil companies amounting to 810,000 tons, marking an increase of 35,000 tons compared to the previous week. In the realm of Shenhua auctions, today’s linear auction volume stood at 950 tons, with actual transactions reaching…

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Subtle Shifts in PP/PE Market Amid Falling Oil Prices

August 29, 2024 – The recent notable decline in international oil prices has exerted a subtle influence on the PP/PE market. As external positive news weakens, the PP/PE market trend exhibits a generally stable yet slightly volatile pattern. In the face of obstacles posed by high-price transactions, merchants generally adopt a cautious price-supporting strategy while…

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Enhancing Cleanliness in PE Plastic Packaging: Kunming Zhiwang’s Exemplary Practices

August 28, 2024 – With the rapid advancement of modern industrial, agricultural, and food industries, the performance and quality of plastic packaging containers have become increasingly important. Among them, PE (polyethylene) plastic packaging containers are widely used due to their excellent stability and cost-effectiveness. This article focuses on the cleanliness of PE plastic packaging containers,…

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