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Mar 26, 2024: Current LDPE (heavy-duty) global pricing: Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Mar 21, 2024: Current LDPE (heavy-duty) global pricing: Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Jan 05, 2024: Current LDPE (heavy-duty) global pricing: Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Apr 08, 2024: Current LDPE (heavy-duty) global pricing: Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Jun 25, 2024: Current global pricing for LDPE (Heavy-Duty) Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Jun 26, 2024: Current global pricing for #LDPE (Heavy-Duty) Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Jul 10, 2024: Current global pricing for #LDPE (Heavy-Duty) Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

Jun 18, 2024: Current global pricing for #LDPE (Heavy-Duty) Get the latest prices here, including trends over the past month for South Korea, Saudi Arabia and Qatar... https://lnkd.in/gbwMrQss

LISCO to start manufacturing domestic gas cylinders at the start of 2025 The Libyan Iron and Steel Company (LISCO) will start manufacturing domestic gas cylinders in January or February of 2025. The news was revealed by LISCO chairman Mohamed Al-Faqih. The revelation came as a side comment by Al-Faqih during his presentation at yesterday’s Tripoli workshop on ‘‘Libyan Industrial Exports – Reality and Prospects’’ organised by the Libya Industry Union (LIU) and the Libyan Experts Forum (LEF). The cylinders’ subsidy problem Libya suffers from a shortage of domestic gas cylinders. The state provider, Brega, does not make enough available on the market at the official subsidised price. Today, their black market price varies from LD 600 to LD 1,000, depending on if you are in coastal or regional Libya. The problem is the scrap value of the cylinders is worth more than their value as a working gas cylinder. They are often illegally exported or smuggled to neighbouring countries to be used as raw material scrap metal. https://lnkd.in/dybfnm_Y

Saudi aramco is looking to invest in more chemical plants in China this year and next, adding to deals it’s already clinched in the country to secure long-term buyers for its crude. The world’s largest crude exporting company is targeting additional facilities that can turn oil into chemicals, Chief Executive Officer Amin Nasser said. Aramco sees demand for goods such as plastics outlasting the growth in consumption for gasoline and diesel amid the energy transition. “We are looking currently at a number of investments in China that will be announced in due course this year and next year,” Nasser said on an earning call Tuesday. He also mentioned South Korea and India as potential investment destinations. Aramco is already in talks to buy a 10% stake in China’s Hengli Petrochemical Ltd. and is seeking similar deals with two other Chinese companies. It closed a separate $3.4 billion deal for a stake in Rongsheng Petrochemical Co. last year. The Saudi state-run company aims to eventually turn about 4 million barrels a day of crude into chemicals, from about 2 million currently, Nasser said. It’s looking to upgrade existing facilities in Saudi Arabia to be able to process more oil into petrochemicals, he said. On Wednesday, Aramco agreed to boost its stakein Saudi Arabia-based Rabigh Refining and Petrochemical Co.with a $702 million deal. Nasser pointed to China’s push into energy transition technologies like solar panels and batteries that use more plastics and other products derived from oil as factors attracting investment. Via Anthony DiPaola https://lnkd.in/dnSwgvte