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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
Global polyolefin markets ended 2015 in the midst of fluctuating energy costs, stagnant trade given the year end book closures, holidays and slower economies, as reported on www.ChemOrbis...
Purnendu Chatterjee-led The Chatterjee Group (TCG) has emerged as the single largest shareholder in Haldia Petrochemicals Limited after the former paid Rs 653 crore for buying out 26 cror...
The US styrene-benzene spread widened on the week as it started the year above the US$200/mt level, assessed at US$223.39/mt Monday, up US$37.48/mt on the week, according to Platts data. ...
Oil prices have inched up after Saudi Arabia cut diplomatic ties with Iran following a row over Tehran’s execution of a Shiite cleric. Saudi Arabia announced the decision on Sunday, a day...
Asia's naphtha crack slipped 1.1% to a 5 session low of US$138.8/ton on the last day of the previous year due to the year-end lull, but the crack value was more than four times the value ...
Retort pouches are heat-resistant bags that are laminated inside with multiple layers of flexible plastic and metal foils, which can withstand high temperature and pressure. The multiple ...
Manali Petrochemicals has resumed operation at its Plant 1, with production being ramped up to full levels. Production at Plant 2, which was being operated since the second week of Decemb...
Indonesia's Pertamina is seeking naphtha for a second time through tenders as an alternative raw material to feed a 100,000 bpd condensate splitter in view of high condensates prices, as ...
The global polystyrene market is projected to reach US$28.2 bln by 2019, at a CAGR of 5.1% between 2014 and 2019, in terms of value, as per Reportbuyer.com. The quality, high efficiency a...
PP buyers in Southeast Asia are keeping to the sidelines in anticipation of seeing further discounts in January despite PP prices currently at multi-year lows. Data from ChemOrbis Price I...
US ethylene production will continue to outpace demand through 2016 leading to ongoing low prices, as per www.ArgusMedia.com. After a brief rebound in prices in H1-2016 as producers buy m...
The completion of PetroRabigh's Phase II expansion will be delayed by nine months, raising the cost and forcing the Saudi Arabian petrochemical producer and refiner to seek more cash from...
With the acquisition of an additional 17.5% stake in Polief, Russian petrochemicals producer Sibur has completed acquisition of 100% stake in the Bashkortostan polyethylene terephthalat...
Hanwha Total Petrochemical Co. is expanding its business into the global high value-added ethylene vinyl acetate (EVA) market by commercial production using the tubular reactor polymeriza...
Saudi Arabian authorities announced massive subsidy cuts after falling oil prices for 18 months caused a record deficit, announcing prices would rise on fuel, electricity, water, plane ti...
Alok, formerly, Alok Masterbatches, one of the leading manufacturers of masterbatches (additive used to give colour or impart other properties to plastic products), has inaugurated a tech...
BASF has signed a contract to divest its subsidiary company Magenta Master Fibers s.r.l. (MMF) located in Magenta, Italy, including MMF’s wholly owned subsidiary in Shanghai, China (Magen...
Panasonic has developed a soft, flexible, and stretchable polymer resin insulating film which stretches 2.5x its length and returns to its original shape. It can be folded and adapts adap...
Petroleum Minister Dharmendra Pradhan has announced a plan to set up a new refinery and petrochemicals complex in Maharashtra, construction for which will begin in 2017. “IOCL, HPCL and B...
Global automotive plastics market is expected to grow at a CAGR of 13% by 2020, as per Research and Markets. Revival in vehicle production will be the major factor boosting the demand for...
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