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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
Light, sweet crude for February delivery settled at US$55.64 a barrel on the New York Mercantile Exchange, after plunging as low as US$53.88 in earlier electronic trading. Tuesday was a v...
The London Metal Exchange (LME) plans to add feature to its plastics futures trading to reflect practices in the physical supply market, including possible regional contracts. At the req...
The Fair Trade Commission (FTC) in Korea, is expected to hand down a series of sanctions and fines on several business units of major conglomerates this year. Under investigation by the a...
Peru's state hydrocarbons promotions agency - Perupetro is to commence work on a master plan to encourage the industry's decentralization, especially in areas away from Lima. This step wi...
A benzene leak occurred at Total's site in Carling, in the Moselle region of France. Epsol, an association that measures air quality in the region, reported that a peak of 1,100 microgram...
A brief outage occurred at the aromatics unit at ConocoPhillips' (COP) Sweeny 229,000 bpd oil refinery in Texas The unit went off line for several hours on Friday, when an oil switch on a...
After briefly rebounding in early morning trade, oil prices declined on Monday, continuing the fall that had commenced last week, as heating oil supplies go unused due to mild weather in ...
Davy Process Technology (DPT), in cooperation with Union Carbide Corporation (UCC), a subsidiary of The Dow Chemical Company, announce that Dammam 7 Petrochemical (Dammam 7) has chosen LP...
Boom in China's construction industry has led to a rise in PVC demand in China, expected to grow at 8% pa, as per a report by Freedonia Group. The fast growth will take China's demand to ...
Dow Europe GmbH has terminated Force Majeure for its polypropylene resins at its Wesseling, Germany plant. The Force Majeure was originally announced on November 7, 2006, due to an unexpe...
Reacting to the higher December contract price for styrene, BASF has announced a price increase for general purpose polystyrene (GPPS, bulk) by EUR 60/ton, on 3 January 2007.
Daniels Midland (ADM), is to construct a 110 million pounds a year polyhydroxyalkanoates (PHA) factory. This factory, to be constructed at an investment of US$200 mln in Iowa, expected to...
Firm demand from the new naphtha crackers (including Formosa's No 3 cracker) as well as expanded capacities at existing crackers, with fewer planned maintenance turnarounds, coupled with ...
After last week's plunge, when the market sank to its lowest levels since mid-2005, oil prices rebounded in Asian trading hours. New York Mercantile Exchange's main contract, light sweet ...
Asia's largest oil refiner by output-China Petroleum & Chemical Corp. (Sinopec), plans to sell its 46% stake in Sinopec Wuhan Petroleum Group Co. To retain the petroleum operations, Sinop...
Enterprise Products Partners L.P. plans to expand its 48 mile refinery grade propylene (RGP) pipeline system between Texas City and Mont Belvieu, Texas from 23,000 bpd, to 32,000 bpd by Q...
To ensure optimum use of its natural gas resources, Bangladesh plans to establish a petrochemical zone near the Bangladesh-Burma border, on the banks of the Naff River. The Bangladesh gov...
Indian Petrochemicals Corporation Ltd. (IPCL) plans to shut down its naphtha cracking unit and polyethylene unit in Vadodara in the western state of Gujarat this month for planned mainten...
Oil prices plunged by more than two dollars on Thursday to settle at their lowest level in eighteen months since June 2005. Light, sweet crude for February dropped US$2.73 to settle at US...
ABB, the leading power and automation technology group, has received a US$30-million order for a two year period from Braskem, Latin America's largest petrochemical producer. This contrac...
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