article thumbnail

Prices rise for polyethylene, PET

Plastics News

Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic, sources said. Mexico was the largest source of U.S. and the first U.S.

article thumbnail

H2 GO: Are Australians on board with hydrogen energy?

AU Manufacturing

Picture a future where bus fleets, freight trucks and even family cars powered by hydrogen fuel cells are cruising side by side with battery-powered electric vehicles on our roads, leaving only water vapour and warm air in their wake. The first uses renewable sources of energy like solar or wind to produce hydrogen from water.

Freight 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Commodity prices rise; engineering resins drop

Plastics News

Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic began, sources said. From 2019-21, almost 40 percent of the region's overall PE production was sold into export markets, with that amount reaching a record 21.1 billion pounds in 2022.

Sourcing 108
article thumbnail

Assessing The Rising Input Costs Associated With The Global Pandemic

Donlouco

The trend actually started in 2018, lost momentum in 2019 due to economic downturn based on US import taxes etc and during 2020 saw poor demand but prices remained static due to reduced production. Fig 1: Source : Trading Economics. Increasing Sea Freight Costs. Fig 2: Source : Financial Times. CONTACT DONLOUCO Today.

Freight 52
article thumbnail

Most commodity prices drop, but PE stays flat

Plastics News

Regional PP prices were down an average of 15 cents per pound, according to market sources contacted by Plastics News. That drop was a combination of a decline in price for polymer-grade propylene (PGP) feedstock and buyers reclaiming some margin from PP makers, sources said. One market watcher said U.S. billion pounds.

article thumbnail

Nature-inspired tech to move transport towards net-zero

E&T

Over the years, the team has worked with haulage companies, offshore operators, logistics specialists and port authorities to create software systems that help to plan and manage complex freight logistic networks. It is not the first time that Airbus has taken inspiration from animals.

article thumbnail

Is hydrogen the fuel of the future?

E&T

The government introduced secondary legislation in 2019 requiring all sectors of the economy to achieve net zero by 2050. The strategy involves pursuing promising avenues for R&D across all types of fuel and technology, and then picking a potential winner based on results. Evaluation of this initial finding is ongoing. “We

Freight 81