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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
Oil prices have fallen as U.S. crude inventories at the Cushing delivery point rose to record high amid and worries about a global economic slowdown weighed on markets, coupled with remar...
New special-effect colors have been introduced by Clariant in the MEVOPUR® family of consistent and compliant masterbatches and pre-colored compounds. By making drug-delivery devices (e.g...
The next-gen two platen injection moulding machines by Windsor showcase technological strength, fast cycling operations, optimised platen weights, advanced control systems to help in quic...
Mexico's state-owned Pemex plans to shut the steam cracker at its Cangrejera complex for maintenance on February 15, a source with knowledge of the company's operations has been reported ...
Bangladesh Petroleum Corp (BPC) will sell 170,000 barrels of naphtha to Japanese trading firm Itochu at a discount of US$1.19 to Singapore quotes, the lowest price since November 2014, as...
SRF is planning to set up a Greenfield biaxially-oriented polyethylene terephthalate (BOPET) plant at Indore, Madhya Pradesh (MP) at an estimated cost of US$58 mln, as per money.livemint....
The global polymer nanocomposites market is forecast to post a CAGR of more than 24% by 2019, as per Technavio. The following four factors influence the growth of the global polymer nanoc...
The global market is projected to reach US$19.33 bln by 2020 at a CAGR of 8.9% between 2015 and 2020, as per Markets and Markets. Among the applications, the film application segment hol...
Kuwait's EQUATE Petrochemical Co is in talks with banks to refinance a US$6 bln bridge loan that it secured last year and was partly used to fund the acquisition of petrochemical company ...
LyondellBasell has announced the completion of the sale of its wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroken) to Grupo Inversor Petroquímica S.L. (GIP) for $184 m...
The 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 Mar...
Saudi International Petrochemical Co (Sipchem) has paid 375.3 mln riyals (US$100.1 mln) to raise its stake in two subsidiaries, as per Reuters. The firm will buy stakes owned by Kuwait's ...
The global demand for BOPP film market was valued at US$10.81 bln in 2014 and is anticipated to generate revenue of US$15.55 bln by end of 2020, expanding at a CAGR of 6.3% between 2015 a...
Gulf Petrochem Group, a leading player in the oil industry, plans to invest Rs 340 crore (US$ 50 mln) towards the expansion of its Fujairah terminal to raise its capacity to 655,280 cubic...
Long Range tanker freight rates on the Mediterranean-Japan route, basis 55,000 mt, have dipped to a 15 week low on the back of a closed naphtha arbitrage to Asia, as per sources in Platts...
The State Oil Company of Azerbaijan (SOCAR) and Maire Tecnimont have signed a contract for the turnkey construction of a Sumgait plant on high density polyethylene production. The plant w...
Prime Minister Narendra Modi has inaugurated the Rs.10,000 crore gas Assam gas cracker. This is the first ever petrochemical project in entire North East India and was a part of the histo...
The global masterbatch market size is estimated to cross US$16 bln in 2016. Segment-wise, white masterbatch dominated the overall market in 2015, and this trend is anticipated to continue...
A multi-functional centre with specialisation in product development in the polymer sector will soon come up in Bengaluru. The Centre will come up under the aegis of the Central Institute...
Kraton Performance Polymers, Inc. has completed the sale of certain assets related to its compounding business to PolyOne Corporation for US$72 mln in cash. In conjunction with the sale,...
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