Adani Enterprises reported plans for 2 million tons of new PVC capacity in Mundra, Gujarat, with startup of 1 million tons, in phase one, by December 2026. India’s imports of PVC have trended upward in recent years, hitting a high of 3.2 million tons in 2023. The new PVC plant would be the Adani Group’s, a diversified organization with a world-class transport and utility infrastructure portfolio, first petrochemical venture.
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India is the World’s Top PVC Importer. Volume Jumped 70% in 2023
China continued as India’s leading source but imports from many other suppliers also surged, including Japan, Taiwan, South Korea and the United States.
Continue readingThe Rise and Fall of Global Paraxylene Trade
New para-xylene capacity in China and also in the Middle East and the rationalization of uncompetitive production in the US and Western Europe have massively changed global trade flows.
Continue readingTrends in Propylene Copolymers Global Trade
Global trade in propylene copolymers was 10 million tons in 2022, down 3% from the prior year. ITP projects another decline of 3% in 2023, to 9.7 million tons.
Continue readingHuge Increases in Brazil’s Imports of Polyethylene, Polypropylene and PVC Through June 2021
Brazil’s imports soared to record levels in the last half of 2020 and continued there through June of 2021. Exports during the period fell to record lows.
Continue readingUS Imports of Bottle-Grade PET Soar
Imports in January 2021 were double what they were in the prior January. Volume trended higher for most of 2020, reaching several new record highs.
Continue readingChina’s Imports of Polypropylene Jumped 25% in 2020, to 6.8 M Tons
Higher volumes were imported from Asia-Pacific, 4.9 million tons, up 24%, the Middle East, 1.4 million tons, up 26%, as well as all other regions. Average prices soared from August through December, reaching $1190/ton.
Continue readingNew High on LNG Exports from the United States in November, 2020, China a Factor
US exports slowed during the second quarter of 2020, hovered at a low around 2 million tons per month from June through August, then climbed sharply, to over 6 million tons in November.
Continue readingUnprecedented Imports of PMMA Film/Sheet Globally
The need for PMMA film and sheet in personal protective equipment resulted in a stunning surge in imports into countries all over the globe during the April – August 2020 period, and also record exports from several.
Continue readingSharp Drop in Global Isocyanates Trade Through May 2020 and Projected for Year End
The volume of isocyanates (combined MDI, TDI and other) traded through May 2020 was down 10% from the same period last year, based on latest available statistics. Asia-Pacific and Western Europe, accounting for more than half of global trade volume, each saw trade contract within their regions, with lower imports.
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