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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
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...
High-performance polyamides, Stanyl® and Stanyl® ForTii™, made by Royal DSM, have been approved by global producers for use in the next generation of USB Type-C connectors. DSM’s material...
Naphtha crack in Asia fell to a four-month low of U$74.9/ton at the start of this week, amid high supplies and lower demand, as per Reuters. Western cargoes hitting Asian shores in June w...
High feedstock costs and lackluster demand have narrowed production margins to below breakeven for polystyrene producers across Asia, prompting most producers to cut operation rates, as p...
Spot ethylene prices have surged in Europe at the end of last week amid production outages across several crackers, which led to force majeure declarations on ethylene supply in some case...
Indian Oil Corp (IOC) has sold 35,000 tons of naphtha for June 15-17 loading from Chennai to Unipec, and possibly another 15,000 tons for June 8-10 loading from Haldia, also to Unipec, tr...
China's styrene monomer (SM) imports from the US almost tripled in April, amid major turnarounds taking place in South Korea over March-May, trade sources have been reported in Platts. S...
Despite a holiday in USA and many parts of Europe, crude oil futures rose on Monday as firm global demand offset a strong dollar. As per Reuters, front-month Brent crude LCOc1 rose to US$...
UOP LLC, a Honeywell company, announced that Japan's Taiyo Oil Co. Ltd. has begun producing petrochemicals with UOP's Tatoray™ process technology, which provides greater flexibility to pr...
The market value of polystyrene was estimated to be US$20212 mln in 2012, and is projected to grow with a CAGR of about 5.1% from 2012 to 2018, as per a report by Research and Markets. T...
Iran is reportedly planning to commission three new petrochemical plants by March 2016 at Mahabad, Kordestan and Lorest. These facilities are located along the West Ethylene Pipeline in W...
The global Acrylonitrile Butadiene Styrene (ABS) market is estimated to grow at a CAGR of 5.6% from 2014 to 2019. Asia-Pacific holds a larger share of the Acrylonitrile Butadiene Styrene ...
The US Naval Research Laboratory (NRL) Chemistry Division and Technology Transfer Office has signed licensing agreements for the commercial manufacturing of an NRL-developed PEEK-like pht...
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