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3Q22 review of the worldwide polyethylene industry in 2022
Improving global logistics and continued volatile feed contribute to dynamic market environment
Global logistics are showing early signs of recovery from record lows. Schedule reliability and shipping costs have improved, though Atlantic Basin ports congestion persists.
Global schedule reliability showing early signs of improvement
Source: Sea-intelligence
Schedule reliability measured by % on-time delivery
The global energy markets remain undersupplied, keeping costs elevated and unsettled. Weather events and geopolitical uncertainly create additional volatility risk to PE feed costs.
Key global energy prices elevated and volatile, affecting PE feed costs
Source: Plats
China poised for macroeconomic recovery following COVID-19 reopening
Logistics in China have rebounded toward 1H22 levels. Congestion in ports has subsided, and overland trucking volumes in the most affected areas are recovering.
China on-land logistics improving with reopenings
Source: G7 Big Data
China Purchasing Managers’ Index increasing with easing restrictions and government stimulus. The recovery history from the 2020 reopening suggests optimism in
the trajectory of demand growth.
China manufacturing sentiment improving with reopenings
Source: IHS
ExxonMobil’s newly commercialized Exceed™ S performance PE now available globally
Exceed S performance PE resins deliver industry leading combinations of stiffness and toughness while being easy to process. Utilizing the company’s latest innovations in polymer science, the new PE platform provides opportunities to reduce the complexity of film formulations and designs while improving film performance, conversion efficiency, and packaging durability. Ideal for films used in food, industrial and agricultural applications, Exceed S resins can also help designers do more with less, increase recycled resin content, and design for recyclability.
At the forefront of the stiffness/toughness boundary and offering better melt strength and higher output than current mLLDPE resins, Exceed S PE resins enable film designers and engineers to rethink film design for simpler solutions.
Now, LDPE and HDPE can either be eliminated or amounts reduced, depending on the needs of the application.
Significant improvements in durability and toughness have been realized in…
Consumer and institutional packaging, such as liquid-filled coex pillows and solid-filled full-PE laminates
- 12% higher puncture
- 1.7x increase in bag drop survival
- No loss of stiffness
- 41% increase in dart drop
- 5x increase in bag drop survival
- No loss of stiffness
Industrial and agricultural applications, such as
heavy duty sacks for resins & fertilizer, silo bags
- 50% reduction in HDPE used
- 70% increase in MD tear
- Outstanding dart and stiffness
- 22% less creep
- 25% increase in MD tear
- 26% increase in needle puncture
3 grades are available for purchase everywhere
|
|
|
|
| Exceed S 9272ML |
0.920 |
0.80 |
Maximum toughness, high stiffness, easy processing |
| Exceed S 9243ML |
0.926 |
0.85 |
Maximum stiffness, high toughness, easy process |
| Exceed S 9333ML |
0.925 |
2.0 |
High stiffness, high toughness, exceptionally easy processing |
Sourced from 7 regional warehouses
Why ExxonMobil PE?
Why today?
What some might view as solutions that will only happen in the future, ExxonMobil PE is making possible today – through our innovative and reliable products, collaborative approach, technology leadership and support, and our unmatched global supply and resources. Learn more about how we’re helping our customers create solutions with sustainability benefits. Why wait for tomorrow to advance your business today? Contact your ExxonMobil PE representative and begin experiencing tomorrow’s performance today.
