European polymer prices continued to fall over the week to 31st July. There were reductions of between 25 and 50 EUR per tonne reported in the prices of LDPE, LLDPE and PET. In the UK, prices rose across some grades as the Pound lost value against the Euro.   Asian polymers were mixed with increases […]

BP has said it is putting its UK, North Sea business up for sale in a move that would end 60 years of production in the region by the oil giant.   The decision follows a review of BP’s operations as it seeks to slim down the group. Its North Sea business has five production […]

Shares in China’s largest memory chip maker have soared by nearly 470% as they made their debut on the Shanghai Stock Exchange’s tech-heavy Star Market.   The surge has pushed ChangXin Memory Technologies’ (CXMT) stock market valuation to around 3.3 trillion yuan ($487bn; £365bn), making it the most valuable listed company in mainland China.   […]

The Trump administration has announced a ban on new foreign-made humanoid robot imports to the US over “unacceptable risks” to America’s national security.   The move applies to advanced robots – including humanoid and four-legged machines. Many of them are made in China, which is competing with the US to develop robotics and artificial intelligence […]

European polymer prices continued to fall over the week to 24th July. There were reductions of between 30 and 110 EUR per tonne reported in the prices of HDPE, LDPE, LLDPE, Polypropylene and Polystyrene. In the UK, prices rose across some grades as the Pound lost value against the Euro.   Asian polymers rose with […]

The US has imposed new tariffs on 60 trading partners in the latest escalation in the trade war reignited by US President Donald Trump when he returned to office last year.   Those targeted, including the UK, China and the European Union, will face a tariff of 10% to 12.5% on all goods, accounting for […]

Oil prices hit $100 per barrel for the first time since May as the escalating conflict in the Middle East reignited fears over global energy supplies.   Brent crude – the global benchmark for oil prices – rose more than 6% on Thursday following several days of increases as the US stepped up military strikes […]

US President, Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called “unequal treatment” of US cars, dairy and alcohol.   Everyday consumer items like wine and hockey sticks and industrial goods such as cement are among the goods targeted. However, several key […]

European polymer prices continued to fall over the week to 17th July. There were reductions of between 50 and 100 EUR per tonne reported in the prices of PET, Polypropylene, PVC and ABS. In the UK, prices fell across all grades as the Pound gained value against the Euro.   Asian polymers rose with increases […]

Taiwanese chipmaker TSMC will invest another $100bn in Arizona as it expands its production in the US, a move the Commerce Department said will create tens of thousands of American jobs.   TSMC makes the most advanced chips designed by companies such as Nvidia and Apple, and the news is a boost for President Donald […]