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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 January delivery rose US$1.37 to settle at US$60.17 a barrel Tuesday on the New York Mercantile Exchange. Oil prices bounced back above US$60 a barrel on Tuesday as ...
Mitsui has launched an investigation into how a Singapore based trader was able to conceal the disastrous investment strategy for over 6 months before confessing to a loss of US$81 millio...
Mitsui & Co., Japan's second-biggest trading company, has closed out all futures positions at its Singapore unit- Mitsui Oil (Asia) Pte. Ltd., which had lost US$81 million as of November ...
Abu Dhabi National Oil Company (Adnoc) has cut premiums by 44% of naphtha destined for Asian customers in January 2007. This follows last weeks announcement by Saudi Aramco that it would ...
2006 has been favourable for the European chemical industry, with output in the chemical industry (excluding pharmaceuticals) estimated to grow by 2.5% in 2006, compared to 1.5% in 2005, ...
Mitsui & Co. has lost an estimated US$81 million as of Nov. 17, from its Singapore unit's naphtha-related trading- Mitsui Oil (Asia) Pte. This adversity has been caused by a trader at Mit...
BASF Aktiengesellschaft (BASF) and Dow Chemical Company (Dow) have decided to jointly conduct a feasibility study for the construction of production plant for toluene diisocyanate (TDI) a...
Light sweet crude for January delivery dipped to US$58.80 a barrel Monday on the New York Mercantile Exchange. Crude oil prices dipped on Monday on mild US weather forecasts and as supply...
Board of Investment in Thailand has approved privileges for direct investment for four projects worth a combined Bt29.45 billion. Three projects involve by-products from the petrochemical...
Borealis' 330,000 tpa expansion of its polypropylene (PP) facilities in Burghausen, Germany, based on its proprietary Borstar technology, is progressing as per plan with start up schedule...
The Environmental Protection Administration (EPA) had announced last year that the use of plastic containers made of polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyren...
New Ultem* 5000B film from GE Plastics offers excellent high performance coupled with cost-effectiveness. This seems to be the solution for electrical/electronics manufacturers that have ...
PTFE materials have been used in medical applications for many years due to their excellent electrical, thermal, chemical and physical properties even under extreme conditions. Although P...
Ampacet has introduced an antifog masterbatch which controls the formation of water droplets in packaging films made of oriented polypropylene (BOPP) and cast polypropylene (CPP). The new...
Saudi Arabia's Advanced Polypropylene Co (APPC) plans to float 66.37 million new shares at SR10 each (US$2.67) to raise its capital by 46.95%. Subscription for the new shares will be ope...
Naphtha from a new gas-to-liquids plant in Qatar, which produces 9,000 bpd of naphtha (30,000 ton cargo a month) is expected to arrive in Asia by December. The first five shipments from t...
Consumers in Korea have been consistently overcharged for their plastic products over the last 20 years. The Fair Trade Commission has found 10 petrochemical companies to have made unfair...
Crude oil prices slipped on Monday on news that supply from non OPEC countries increases as OPEC nations continue with their cohesion in oil cuts, and supplies for winter remain ample bec...
Saudi International Petrochemical Company (Sipchem) plans to invest SR25 billion ($6.67 billion) in a petrochem complex by 2011. Sipchem will float half the capital in a new company that ...
Saudi Aramco is negotiating to reach an agreement for the memorandum of understanding with US based Dow Chemical Co for a US$15 billion petrochemical plant near the 550,000-bpd Ras Tanura...
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