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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
The first multi-year contract has been awarded by a major gas distribution utility in North America specifying the use of PE100 type material. Gas pipes made from a bimodal polyethylene ...
The flexible bulk packaging market in USA is estimated to experience a roaring growth in the years to come. As a restrain seeps into raw materials costs, growth is estimated to lose pace...
Formosa Plastics Corp, a unit of Formosa Plastics Group is planning to invest US$200 million to build a PVC plant in Texas. Subject to approval, this new plant is contemplated to commence...
Oil prices rose by a dollar to a fresh record above US$60 a barrel - but a look at demand globally indicates that high prices have had very little negative impact on global economic grow...
Sao Paulo is to witness the commencement of a Polypropylene plant shortly, as a result of a partnership between Braskem (60%) and Petroquisa (40%). This in line with the company's vision ...
Nova Chemicals Corp's Joffre, Alberta complex, one of the world's largest for ethylene and polyethylene, has undergone severe damages due to a recent storm that hit the area. The shutdown...
The shareholders of Haldia Petrochemicals, the West Bengal government, the Chatterjee Group and its associates had approved an allotment of shares to Indian Oil Corporation in an extra or...
The Oil and Natural Gas Corporation of India, ONGC has received the approval of the Oil Ministry to move ahead with its Naphtha-based petrochemical project in Mangalore, which was earlier...
Ticona, the world's leading producer of UHMW-PE under the GUR® brand, operates its UHMW-PE facilities in Bishop, Texas and Oberhausen, Germany. Currently it is in the process of setting u...
Mitsui & Co. has withdrawn from a chemical production and marketing JV with Vulcan Materials Co. in the United States, selling its 49% stake for several billion yen. This venture started ...
U.S. crude-oil inventories have dropped for three consecutive weeks, raising concern that producers will not keep up with refiner needs as they make gasoline for the summer driving season...
Nova's force majeure for its ethylene, hydrogen and polyethylene in the US is considered not to have affected MEGlobal's supply of monoethylene in Asia. MEGlobal is a 50:50 joint venture ...
Crude oil price soared further to touch a high of US$60 per barrel during the trading hours for the second time this week. This has led analysts to speculate that prices may break the US$...
Australian polyethylene maker Qenos is likely to find a winning bidder in the State-owned China National Chemical Corp. Qenos, a joint venture between ExxonMobil Corp and Orica Ltd. h...
The Teknor Apex-owned company, Singapore Polymer Corporation (SPC), is planning to launch new representative offices in Beijing, Shanghai and Hong Kong as demand for thermoplastic compoun...
The National Petrochemical Industries Company of the Xenel Group is initiating two new petrochemical projects in Yanbu. These projects are estimated at an investment outlay of SR 1.8 bil...
South Korea's Lotte Daesan has nearly halved its styrene production capacity in Daesan to repair a pipeline leak. The repair shutdown is estimated to last for two days, leading Lotte to l...
Today, crude oil futures rose to a high of US$60 a barrel in New York after a steep decline in the late Wednesday prices. Crude oil prices that had cooled down soon shot in anticipation ...
Basell, a major global supplier of PP and PE, concerned over the nature of the futures contracts for PP and LLDPE has quit the London Metal Exchange Plastics Committee, trading at the LME...
On Tuesday, July crude futures expired at about US$58.90 - much below the US$60 mark and further dropped by almost US$1 a barrel on Wednesday. Though data released by the U.S. governmen...
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