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PE markets have been on a weak trend in global markets including Southeast Asia and Turkey since late February while Europe has turned down only recently with sellers having to trim their initial hikes given the slowing demand ahead of Easter Holidays in April. What is common in these major markets is that players are reporting ample supplies for HDPE grades and this exerts a more visible downward pressure on this product when compared to other PE grades.



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The Turkish Plastics Industry Foundation (PAGEV), the umbrella organization of the plastics industry as a key driver of growth in the Turkish economy, chose Yavuz Eroğlu as its president once again during the 2016 General Assembly. Eroğlu said, “We are stronger together. We will continue to spur growth in the industry with projects that address real problems."