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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
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...
China's strong demand for petrochemicals has attracted investment from many Taiwanese majors. These companies have invested over US$ 6.5 billion in China's petrochemical business over las...
Iran plans to become Middle East's largest petrochemicals producer by the end of its 20 year development plan. Presently Iran ranks 2nd in the region and supplies 12% of the Middle East's...
China is likely to double its production capacity of propylene by 2011 to 14.7 million mt from 7.4 million mt in 2005. It expected to grow yearly on an average of 12.3% between 2005 and 2...
Haldia Petrochemicals Ltd (HPL) will invest Rs 3,000 crore over a period of more than three years for getting into new product category. Majority of the fund will come from the intern...
Reliance Petrochemicals (RPL) is planning to increase its exploration activities in the next three to four years. The company has made discovery of hydrocarbon off the Orissa coast. The ...
SK Corp of Korea and Sinopec Corp are considering to establish a naphtha cracker in China. The investment of US$ 2.2 billion could generate up to US$ 3.2 billion in sales for SK Corp from...
Qatar Petrochemical will use Basell's Lupotech Technology for 250,000 LDPE plant in Mesaieed. This is the 50th Lupotech Technology license worldwide. The advantage of Basell's Technology ...
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