ETHYLENE AND PROPYLENE MARKET ANALYSIS

Ethylene And Propylene Market, By Derivative Type (Ethylene (Polyethylene (HDPE, LDPE, and LLDPE), Ethylene Oxide, Others (Ethylene Dichloride etc.)), Propylene (Polypropylene, Propylene Oxide, Others (Cumene, Acrylonitrile etc.))), By Application (Chemical & Petrochemicals, Pharmaceuticals, Paints & Coatings, Others (Metal Fabrication etc.)), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Ethylene And Propylene Market: Recent Developments

In February 2022, Braskem, which is one of the major polyolefins manufacturing company, as well as a market leader of biopolymers, has declared the enlargement of its circular polymer portfolio and include two new polypropylene (PP) grades with post-consumer recycled (PCR) content. Braskem's new PCR polypropylene grades would be used in an extensive array of U.S Food and Drug Administration (FDA) food contact applications, where polypropylene is used currently, such as in housewares, caps and closures, consumer packaging, and others.
In January 2022: INVISTA, which is a Koch company and this company is associate with Flint Hills Resources, which has attained the Flint Hills Resources propylene business efficiently from Jan. 1, 2022. This includes the chemical facilities in Texas, Longview and Houston, along with the employees support. The possession of the pipelines that deliver these facilities also moved their business to INVISTA, but will continue to be worked by Flint Hills Resources under an agreement.