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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
Afco Energy, which trades physical energy products such as fuel oil, petrol, jet fuel and liquid petroleum gas, opens its new unit, Afco Petrochemicals in Singapore, as per The Strait Tim...
The 21st century is seeing a paradigm shift from West to East in the Petrochemicals business, with the Middle East emerging as global production hub with natural advantages of low cost fe...
Global demand for monoethylene glycol (MEG) is likely to increase 1.1-1.2 mln mt or 4-5% this year, as per an MEGlobal official quoted by Platts. Ringo Leung, vice president for commercia...
High Density Polyethylene Market was valued at US$ 56.13 bln in 2014 and is likely to reach US$ 84.79 bln in 2023, expanding at a CAGR of 4.5% between 2015 and 2023, as per Transparency...
The global masterbatch market size is estimated to cross US$16 bln in 2016, according to recently published TechSci Research. Growth in the market is anticipated on account of continuousl...
Global demand for petrochemical market was valued at US$550 bln in 2014 and is expected to reach US$890 bln in 2020, growing at a CAGR of around 6.5% between 2015 and 2020, as per Zion Re...
Polylactic acid (PLA) plastic is an increasingly common, environmentally friendly, alternative to conventional petrochemical-based mass plastics. But it is an expensive alternative. Resea...
Naphtha crack in Asia rose for the third straight session to reach a near 2-1/2 week high of US$82.4/ton at the start of the week on an easing supply glut, as per Reuters. The improved fu...
A further tightening of Southeast Asia's butadiene production is expected in Q1-2016 amid unplanned shutdowns and run cuts in the region, Platts data shows. The Petrochemical Corp. of S...
South Korea's Lotte Chemical bought H1-April naphtha cargoes at flat to Japan quotes on a cost-and-freight (C&F) basis vs a discount of US$5-5.50/ton on Feb. 3 for H2-March cargoes, as p...
Japan's Asahi Kasei Corp has shut its 504,000 tpa Mizushima naphtha cracker permanently on Friday as scheduled, as part of the industry's move to tighten supplies amid declining demand fo...
Iran is in discussions with Air Liquide regarding prospects of building a Propylene via Methanol (PVM) plant in the country, as per an Iranian petrochemical official. PVM technology is us...
Liquid crystal polymers (LCPs) are chemically aromatic co-polyesters. But they differ from the engineering plastics PET and PBT most notably in their molecular structure. They are known f...
Clariant, a world leader in specialty chemicals, has announced that construction work has begun on a new, state-of–the art masterbatch production unit in Yanbu, Saudi Arabia. The new manu...
US petrochemical producer ExxonMobil Chemical has completed the start up process of its 820,000 m tpa ethylene complex in Beaumont, Texas, as per Platts. The Beaumont complex has two equa...
Axens has been selected by Hengli Petrochemical Co. Ltd to supply technologies for its Petrochemical project to be located at Changxing Island in China's Liaoning Province. This “crude-to...
The global bio-polyethylene terephthalate market was valued at US$457.9 mln in 2014, and is projected to reach US$1317.5 mln by 2019, at a CAGR of 23.5% from 2014 to 2019, as per MicroMar...
In recent years Thin Wall Packaging has become a space of dynamic structural changes in the rigid plastics market, as per a report from industry consultants, AMI Consulting. With the cons...
Asia's naphtha crack leapt 25% to a two-session high of US$64.3/ton on Thursday, almost entirely reversing the previous session's 24% plunge to a 5-1/2 month low. South Korea's LG Chem so...
LyondellBasell has introduced Purell grade HP548N, a polypropylene (PP) resin offering improved rigidity, and Purell grade RP315M, a PP resin with an exceptional balance between mechanic...
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