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Whether you are aware of it or not, plastics play an important part in your life. Plastics' versatility allow them to be used in everything from car parts to doll parts, from soft drink bottles to the refrigerators they are stored in. From the car you drive to work in to the television you watch at home, plastics help make your life easier and better.

The term “plastics” includes materials composed of various elements such as carbon, hydrogen, oxygen, nitrogen, chlorine, and sulfur.  Plastics typically have high molecular weight, meaning each molecule can have thousands of atoms bound together.  Naturally occurring materials, such as wood, horn and rosin, are also composed of molecules of high molecular weight.

Some of the major international manufacturers include Exxon Mobil, Honam Petrochemicals, Hyundai Petrochemicals, Samsung, Shell and Dow Chemicals. United States of America is the largest producer of polypropylene. Japan and South Korea are the other two major producers of polypropylene lying in the Asian continent. China and Taiwan are important Asian producers as well. Germany, France and UK are also contributing to the total world production.

Global PP production capacity reached almost 47,000 million tons in 2007, increased by 3 million tons compared to the year of 2006, and the newly-added production capacity was mainly from Mid East. In 2007, China's PP production capacity reached 7.15 million tons, increased by 400,000 tons compared to 2006. Sinopec and PetroChina are the two key PP producers in China, accounting for 67.3% and 27.7% of China's total production capacity respectively.

In China, PP is mainly used for the manufacturing of knitting products, film products, plastic products and textile products, applicable for the sectors of packaging, electronics and home appliance, automobile, fibre and building pipes.

 

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Supply Chain Management

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Market Overview

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t_pricesSince plastic is substantially made from petroleum, amongst other products, the world wide prices of plastic are fluctuating daily. Here you can find... Read more about prices for plastic