Manufacturing hub dream adds to India's growing thirst for naphtha

India's insatiable appetite for naphtha, which witnessed the sharpest growth among all oil products in 2015, is set to increase further in the coming years as the country's push to become...

Naphtha crack in Asia for H2-April plunges to lowest level since Aug. 26

Buckling under the weight of persistent supply, Asia's naphtha crack for H2-April has fallen to US$48.83/ton, the lowest since Aug. 26 when the crack value for H1-October 2015 was at simi...

LANXESS to expand range of highly reinforced polyamides, polyesters for extremely strong structural components

Specialty chemicals company LANXESS is expanding its range of highly reinforced polyamides and polyesters for the design of extremely strong structural components. The polyamide 6 grades ...

TPC Group Announces Several New Initiatives to Enhance Business Performance

HOUSTON, March 09, 2016 (GLOBE NEWSWIRE) -- TPC Group Inc. announced today a broad set of actions that collectively provide more than $200 million of year-over-year earnings and/o...

Khosh Form ups the pace of preform production with 7 SIPA XFORM 500s

Iran’s largest producers of PET preforms is banking on SIPA in its latest round of expansion. Khosh Form, which has operations in the cities of Mashhad (Khosh Form Toos) and Qazvin (Khos...

Health care, food packaging to augment global demand for polypropylene random copolymer

The global polypropylene random copolymer market was valued at US$5.9 bln in 2014 and is anticipated to reach US$9.2 bln by 2023, expanding at a CAGR of 5.2% between 2015 and 2023, as per...

Japan's ethylene output in February falls 4.9% year on year

Japanese ethylene production in February 2016 fell 4.9% from February 2015 to 537,300 tons, as per data from the Ministry of Economy, Trade and Industry.

Dow increases propylene supply by 750000 tpa, PDH unit completes Performance Test

The Dow Chemical Company has announced that its new world-scale propane dehydrogenation unit (PDH), located at the Company’s Oyster Creek site in Freeport, Texas, successfully completed t...

Global in-vitro diagnostics packaging market to grow till end of decade

The global in-vitro diagnostics (IVD) packaging market is expected to exceed US$8 bln by 2020 as per Technavio, growing at a CAGR of over 3%. Although the market witnessed slow but steady...

SABIC expands portfolio with majority stake acquisition in Fibre Reinforced Thermoplastics

Petrochemical giant Sabic has expanded its portfolio of materials with the acquisition of a majority stake in Netherlands-based Fibre Reinforced Thermoplastics. Financial terms for the ac...

Clariant formats color/trend analysis tool to meet interests of automotive designers and marketers

Clariant has formatted its color/trend analysis tool to meet the needs and interests of automotive designers and marketers. Clariant’s groundbreaking ColorForward trend-analysis and colo...

Acquisitions drive growth for Europes leading polyethylene film extruders

The polyethylene film industry is a market which is growing both in terms of raw material consumption and also square meters of film extruded. However, the sector faces a number of challe...

Pemex plans maintenance shutdown at Cangrejera steam cracker for maintenance

Mexico's Pemex plans to shut a steam cracker at its Cangrejera complex in Veracruz state for eight days for maintenance this week, as per sources in Platts. Company sources declined to di...

Metal-free, bio-based polyester - first step to truly sustainable plastics

Researchers in the US have developed a fully recyclable biopolyester from a non-metal catalyst, which they believe could be the first step towards a truly sustainable biopolymer. Eugene C...

PE, PP film and sheet demand set to grow by at least 5% pa over next 5 years

Global demand for polyethylene for the film and sheet segments is forecast to grow by an average of 5% per annum over the next five years, while polypropylene for film and sheet is expect...

Borealis sees record profit of US$1.08 bln in 2015, rising over 40% since 2014

Borealis had record profit of €988 million euros (US$1.08 bln) in 2015, up from €571 mln the prior year, as per a company statement. Business boomed as prices for plastics held up amid a...

Two ethylene producers delay planned turnarounds in Texas

Ethylene producers INEOS Olefins and Polymers USA and Chevron Phillips Chemical are delaying planned outages in Texas, as per sources in Platts. The startup date for Chevron Chemical's ...

Marginal recovery in naphtha crack in Asia

Asia's naphtha crack recovered marginally from a 3 week low to record a three-session high of US$60.28/ton on Thursday but sellers remain under pressure from excess supplies, as per Reute...

In-Mold Labels Market - Forecast to 2020 - Key Players are Fuji Seal International, Huhtamaki Group & Multicolor Corporation