Gustavo Kruger

Oct 16, 2024 | spglobal.com | Gustavo Kruger

US-based Alcoa Corporation anticipates improved performance in its alumina segment in the fourth quarter, CFO Molly S. Beerman said Oct. 16 during the company's third-quarter earnings call. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Alcoa projects 2024 alumina segment shipments to reach 12.9 to 13.1 million mt, up 200,000 mt from previous projections due to increased trading volumes.

Sep 19, 2024 | spglobal.com | Gustavo Kruger

Brazil's recycling industry faces a significant challenge as demand for recycled polymers outpaces supply, widening the price gap between recycled and virgin resins. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. A study released on Sept. 18 revealed that over 90% of waste on Brazilian beaches is plastic, yet recyclers are struggling to secure enough feedstock to meet market needs.

Sep 18, 2024 | spglobal.com | Karina Trevizan |Carla Bridi |Gustavo Kruger |Talissa Gomes

Brazil's Chamber of Foreign Trade approved on Sept. 18 an increase in import taxes for 29 chemical products and rejected requests for adjustments on 33 more at rates suggested by the sector. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. "The 29 products had rates ranging from 7.2% to 12.6%, which will be increased to 12.6% to 20% for a period of 12 months," the Chamber said.

Sep 12, 2024 | spglobal.com | Gustavo Kruger |Daniela Morales Pumarino

Petrochemical producers in the US Gulf Coast area were on high alert as Hurricane Francine approached Sept. 11. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The hurricane made landfall in southern Louisiana as a Category 2 storm, according to a 5 pm CDT update from the US National Hurricane Center. "After landfall, Francine is expected to quickly weaken while also losing tropical characteristics.

Aug 23, 2024 | spglobal.com | Gustavo Kruger

As Brazil's recycled polyethylene terephthalate market grapples with insufficient feedstock supply, prices for post-consumer PET bales are rising against a backdrop of competitively priced Southeast Asian virgin resin imports, constraining the spread between flakes and bales and posing a major challenge for the financial viability of recyclers. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.