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PlasticsEurope, a European trade association of plastics manufacturers, has begun an initiative to promote innovative recycling solutions for polystyrene (PS) in order to support the European Union's circular economy plan, according to reports from Brussels, Belgium.

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Rubber farmers want Prime Minister Prayut Chan-o-cha to use his special powers to help bolster demand for the commodity, for which prices have slumped nearly 40 % this year.

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The Ministry of Commerce announced that representatives from the northwest Chinese province of Shaanxi have signed a memorandum of understanding (MoU) to purchase 300,000 tons of Cambodian rubber, with exports to begin next year, state news agency AKP said.

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A class of propylene production technologies designed to produce more “on-purpose” propylene has emerged as the market cornerstone and global price setter for the propylene market, according to new research from IHS Markit.

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The Ministry of Commerce is addressing low rubber prices by partnering with businesses to provide export opportunities for sellers.

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Udenna Corp., the holding company of businessman Dennis Uy, is investing in the country’s first-ever rubber manufacturing plant, an official of the Department of Agriculture (DA) said.

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Signing of the MoU between CURC and SingEx Exhibitions (Source: CURC)

On 11 July 2017, the opening day of Tyrexpo India 2017 in Chennai, India, a Memorandum of Understanding (MoU) was signed by Wei Yun, Chairman of China United Rubber Corporation (CURC), and Aloysius Arlando, CEO of SingEx Exhibitions, to co-locate RubberTech China and Tyrexpo India 2018 as well as Tyrexpo Africa 2018.

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The three biggest natural-rubber-producing countries -- Thailand, Indonesia and Malaysia -- are working on cutting rubber exports in the second half of the year to curb falling prices, according to Thailand’s senior government and industry officials.

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Trinseo has completed the acquisition of API Applicazioni Plastiche Industriali S.p.A. This was announced by Trinseo on 10 July.

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Malaysia’s glove sector could see strong earnings growth over the next two years, according to Maybank Investment Bank Research.

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