ICIS-LOR Launches Real-Time Polymers News And Pricing Services

LONDON, /PRNewswire/ -- ICIS-LOR, the global price reporting and market intelligence service for the chemicals and energy industry, today launched a real-time Price Alert Service for polyethylene (PE) and polypropylene (PP) covering key markets in Asia, Europe and the US.

The latest PE and PP price movements and news will be tracked as they happen and help customers respond to market developments.

The new services complement the existing ICIS-LOR weekly benchmark PE and PP pricing assessments and are planned to coincide with the impending launch of the London Metal Exchange (LME) plastics futures contracts.

"ICIS-LOR provides global benchmarks for the polymers industry and is well positioned to serve the increasing needs of the dynamic PP and PE markets," said Andy Soloman, ICIS-LOR Global Editorial Director. "Our experienced staff in London, Houston, Singapore and Shanghai will offer up-to-date pricing data and breaking news to offer complete market coverage," he added.

Polypropylene and polyethylene are used widely in our everyday lives. PE is used in film, pipe, plastic bags, food and household applications, while polypropylene, processed by mostly thermoplastic processing methods, is used in plastic bottles & containers, electrical goods, outdoor furniture.