A mixture of C₆-C₁₀ aliphatic hydrocarbons, it is a colorless, volatile liquid with a gasoline-like odor. Its boiling range typically falls between 60-90°C, and it is highly flammable, forming explosive vapor-air mixtures.
11 articles
An EU Joint Research Centre report indicates cost premiums hinder chemical recycling viability for plastics such as PET and polyethylene, noting demand mandates may spur alternative solutions.
Alpek SAB de CV reported a second-quarter net income beat of $183 million, raising its 2026 EBITDA guidance to $750-$800 million. Strong margins in PET, polypropylene, and EPS drove the results amid f
European PET market sentiment shifted bullish following a crude oil spike linked to Middle East tensions, prompting producers to raise prices as feedstock costs surge despite subdued demand.
ICIS News highlights key trends in the Americas chemical sector, including geopolitical impacts on PET and base oils markets alongside US tariff uncertainties. Meanwhile, the caustic soda market faces
ICIS News Asia highlights key developments in Asian chemical markets, including weak PET demand, shifting PP trade flows, rising Japanese chemical PPI, and cautious naphtha buying amidst supply chain
UPM launched a $1.6 billion bio-refinery in Germany producing ethylene glycol and fillers from beech wood, yielding PET with significantly lower carbon footprints than fossil-based alternatives.
EU PET market volatility stems from tight upstream feedstock availability and competitive imports undercutting local prices, complicating buyer decisions amid supply security risks. Meanwhile, an anti
Alpek anticipates improved Q2 performance due to surging PET spreads caused by Middle East conflicts, alongside a $70 million PP upgrade projected to increase annual earnings by $30 million.
ICIS reports Asian PX supply tensions driven by Middle East conflicts are raising prices across Europe's chemical chain. Downstream PET and PTA sectors face rising costs alongside potential EU anti-du
Indorama Ventures declared force majeure on PET production at its Lithuania and Poland sites due to raw material disruptions caused by the Middle East war.
MAK German Group signed a $550 million agreement to build a 1.5 million ton/year PTA and PET complex in Oman's Sohar Free Zone. This investment highlights a trend of European chemical capital shifting
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