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Latest international plastic news, information and facts on plastics, polymer news, trends and developments in plastics industry. Subscribe to receive latest developments about plastic products, plastics trends, news & plastic information
Oil prices were stable around US$63 a barrel in Asian trading despite of oil-worker kidnappings and attacks in Nigeria. Light sweet crude for June delivery slipped 3 cents to US$63.16 a b...
China plans to build an ethylene plant in its Qinzhou economic development zone. The total investment for plant is over US$ 300 million. It will have an annual capacity of 1 million tons ...
Libya´s National Oil Corp and Dow Chemical will establish a joint venture to expand the Ras Lanuf petrochemical complex in Libya. The project will include expansion of existing naptha cra...
Saudi Kayan Petrochemical Company opened its SR 6.75 billion IPO in Saudi Arabia. SAUDI KAYAN, located in Al-Jubail Industrial City, will have an annual production capacity exceeding 5....
Lanxess has opened a new centre for compounding its Durethan and Pocan polymers at Dormagen in Germany. Lanxess will invest EUR 20 million at Dormagen. The company plans to offer customer...
PolyOne Corporation introduced its new WPC color and additive concentrates which are used in wood-plastic composite applications such as fencing, decking, railings, window and doorframes....
The country's largest petrochemical company PT Chandra Asri Petrochemical Center (CAPC) will build naphtha cracking unit this year with investment of US$40 million. The additional facilit...
On Monday NOVA Innovene announced a price increase of Euro 50 / mt for all European Polystyrene products. The price increase reflects the expected increase in the Styrene Monomer contract...
Ethylene prices continued to rise last week. Ethylene prices increased above US$1000/mt. In South Asia ethylene prices rise above US$1150/mt. Prices increased due to improved demand.
Ghadir Petrochemical Complex will be operational this week. The project was to start work last March. Technical defects and problems in the design of turbines' steam lines however caused ...
SUMMARY Oil price increased to US $ 66/barrel in the week of 23rd April 2007. It is likely to remain around US $ 65/barrel in May 2007. Naphtha declined due to weaker demand of its d...
Shanghai Petrochemical a fuel producer and China's largest ethylene producer reported first quarter net profit of US$138 million. For Q1 2006, the company had posted a net loss of US$ 20 ...
Reliance Industries Limited (RIL) is India's largest private sector company on all major financial parameters with turnover of Rs 73,164 crore (US$ 16.7 billion), cash profit of Rs 12,087...
Basell will expand polypropylene capacity at Bayport by restarting a polypropylene plant that has been inactive since 2001 The Company presently operates two Spheripol process plants at B...
United States spot ethylene prices continued to rise last week on the back of brisk trade increasing about 4.5 cents / kg. Propylene spot prices also advanced between 6 to 7 cents / kg du...
Oil prices held steady ahead of the release of weekly U.S. petroleum supply snapshot, which is expected to show domestic gasoline stocks have risen. Light sweet crude for June delivery ...
A newly developed group of plastics that release nitric oxide (NO) - a molecule that influences body functions may have broad uses in medicine as reported in April 4 issue of the Journal ...
Taiwan's Formosa Petrochemical Corp is planning to start feeding in naphtha at its new 1.2 million tpa cracker in May, 2007. The cracker would begin to produce ethylene by June 2007. Form...
Braskem signed an agreement aiming at the formation of two joint ventures to develop Jose Petrochemical Complex with Pequiven. The first project includes the construction of an ethylene c...
The Shaw Group announced that its Shaw Stone and Webster technology has been selected for a new grass root ethylene plant by Liaoning Huajin Chemicals Corporation. The plant will have a c...
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