BPE confirms sum of US$300 mln realised from sale of Eleme Petrochemical Company Ltd in 2006

Bureau of Public Enterprises (BPE) has confirmed that the sum of $300 million was realised from the sales of Eleme Petrochemical Company Limited (EPCL) in 2006, as per businessdayonlin...

Global Bio-based PP to grow considerably by 2020 amid increasing application in textiles, injections, films

Global bio-based polypropylene (PP) market is expected to witness considerable growth over the next six years uptil 2020 on account of increasing application in Textiles, injectio...

Global plastic decking market projected to register CAGR of 10.8%

The global plastic decking market is projected to grow at a CAGR of 10.82% during the forecast period of 2016 – 2021 and reach US$4.69 bln by 2021, as per RnR Market Research, dr...

Chevron Phillips completes next-generation Polyethylene Pilot Plant at Bartlesville Center

28-Jul-16

Mitsubishi Chem to divest Chinese and Indian businesses manufacturing PTA

Mitsubishi Chemical Holdings' has decided to divest Chinese and Indian businesses that make purified terephtalic acid (PTA), a feedstock to PET. These operations of ...

Naphtha glut in Asia to persist on higher Middle Eastern and Indian exports

Asia will receive about 900,000 tons of naphtha in August from the West, including from Europe and the Mediterranean, as per traders in Reuters. The quantity remains unchanged from Jul...

New-concept vacuum loading system shorter, simpler to operate and maintain

A new vacuum loading system for conveying pellets and regrind from storage to single or multiple blenders is simpler to operate than standard systems and consists of autonomously contr...

Lotte Chemical buys naphtha for H1-September delivery at discounts

South Korea's Lotte Chemical Corp has bought naphtha for H1-September delivery at discounts of US$8.50-9/ton to Japan quotes on a cost-and-freight (C&F) basis, as per Reuters. ...

Vietnam's Binh Dinh province calls off US$20 bln refinery and petrochemicals plant with Thai PTT

As delays in the progress of construction of the project persists, Vietnam's Binh Dinh province has scrapped a US$20 billion refinery and petrochemicals plant with Thai oil company...

New polymer coatings for food-contact surfaces resist microbes

Polylactic acid (PLA), is a biodegradable polymer commonly used to make a variety of products from disposable cups to medical implants to drug delivery systems. A team of Brown Univers...

Global demand for Mulch Films driven by the loss of arable land, increasing population and demand for food

Mulch films are plastic coverings for plants utilized to retain the moisture in the soil. Since loss of soil moisture through evaporation can be a significant issue in dry areas, the d...

Strong demand from automotive sector props India's PP copolymer imports by 27% in Q1

India's polypropylene copolymer imports surged to about 40,000 mt in Q1 this year, up 27% from Q1 2015, led by strong demand from the country's thriving automotive sector, as p...

Turkey’s Petkim declares force majeure on ethylene, propylene

Turkey’s Petkim petrochemical complex has declared force majeure on ethylene and propylene supply, as per Trend News Agency. A cracker in Aliagha district had to be shutdown due ...

Asian naphtha cracks recover from 18 month low

Asia's naphtha crack recovered from an 18-month low to a three session high of US36.2/ton at the start of this week but the market remained saturated with supplies, as per traders ...

Solutions for recyclable single use coffee pods

A Milacron Co-injection technology seeing traction, the systems with Kortec embedded technology are now being used in the production of 100% recyclable single use coffee pods. The sing...

Essel Propack opens new facility in Colombia to cater to growing South American demand

A new facility has been unveiled to cater to the growing demand in the larger South American market goes on-stream with increased capacity and enhanced capabilities with Pharma clean r...

Oil prices slip to a 3 month low on rising concerns of a global glut

Brent crude futures slipped by over a dollar, trading at US$44.6, while US crude also fell by  2.4% to US$43.1 a barrel. Oil prices fell on Monday, with U.S. crude slipp...

SABIC and ExxonMobil Evaluating Petrochemical Joint Venture on U.S. Gulf Coast

SABIC and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the proj...

LG Chem to invest US$350 mln in elastomer capacity expansion

LG Chem plans to invest a total of 400 bln won (US$351.7 mln) to increase the production capacity of elastic polymers, also known as elastomers, in a bid to expand its market share aga...

Temperature and pressure treatment in PLA can induce a new polymer phase, decreases rate of degradation

Polylactic acid (PLA) is a biodegradable polymer commonly used to make a variety of products from disposable cups to medical implants to drug delivery systems. A team of Brown Universi...