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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
Oman has committed to invest US$7 bln to build oil storage facilities, a petrochemical plant and a refinery in Indonesia's Riau province, with the oil products being purchased by state-ow...
Supported by strong gasoline demand, Asia's naphtha crack recovered to a nine-session high of US$91.6/ton at the end of the previous week, as per traders in Reuters. They added that a fir...
The global engineering resin and polymer alloy/blend market reached 24.1 bln lbs in 2014. The market is projected to increase to over 25.2 bln lbs by 2015 and nearly 31.4 bln in 2020, wit...
Crude oil prices have fallen at the start of the week- Brent crude futures slipped to US$65 per barrel, while US crude futures fell to US$59.7 a barrel. Prices have fallen on expectations...
The polymer nanocomposites market size in terms of value is projected to grow at a CAGR of 21-23% between 2015 and 2020 to reach US$5100 mln by 2020. Asia-Pacific held the largest share i...
The current worth of the global Expanded Polypropylene (EPP) foam market is US$573.20 mln and is estimated to reach US$1225.6 mln by 2019, registering a CAGR of 11.4% from 2014 to 2019, a...
A Saudi Arabian major approached global PE markets, including Turkey, Egypt and Southeast Asia, with mixed pricing policies for June. The main reason behind the producer’s divergent prici...
Asahi Kasei Corp. and its subsidiary Asahi Kasei Chemicals Corp., and Mitsubishi Chemical Holdings Corp. and its subsidiary Mitsubishi Chemical Corp. have concluded an agreement to establ...
Growing demand from automotive and electronics is expected to boost growth in the global plastics market. The factors shaping the growth of the multi-billion-dollar molded plastics indust...
The polymer nanocomposites market size in terms of value is projected to grow at a CAGR of 21-23% between 2015 and 2020 to reach US$5100 mln by 2020, as per ReportLinker. Asia-Pacific hel...
A new modular extrusion system enables processors of tubing and other small-diameter medical products to be up and running with a new job just three minutes after the previous run, leavin...
Players in Southeast Asia report that major overseas producers have begun to announce their initial June PP offers with either rollovers or modest reductions amid resistance from buyers a...
China's appetite for imported naphtha has grown since the start of 2015 amid strong demand from petrochemical producers, as per market sources in Platts. January-April naphtha imports ros...
South Korea's GS Engineering & Construction Co. has inked a deal on a petrochemical production project in Uzbekistan estimated at US$4.5 bln, Yonhap News reported. Under the memorandum o...
Chemtura and Tosoh have signed a letter of intent, under which Tosoh will promote and sell Chemtura's Emerald Innovation 1000 flame retardant product to customers in Japan. Under the ter...
EuPC launched a Strategic Alliance for Polymer Supplies in Europe on May 22nd 2015, during the EuPC General Assembly in Warsaw. The Alliance was formed in response to a recent series of f...
India's high density polyethylene (HDPE) market is poised for a slight surplus in 2015 with new plants coming on stream in two months, and the excess would likely be shipped out to China,...
Following the down trend in the past two weeks in China, the PE market in Turkey started to feel downward pressure particularly on Middle East origins (based on netback calculations), acc...
State Bank of India, the country's largest lender, is keen to see that Haldia Petrochemicals Ltd (HPL) sails smoothly through this turbulent time. In an interview with Times Of India, SBI...
Egypt's Carbon Holdings has signed a debt financing deal with the UAE's Gulf Capital. The five-year Dirham 92 million ($25 million) loan will finance the development and expansion of thre...
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