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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
In Asia, upstream PET production costs gained in the past week amid rising crude oil and naphtha prices, as per ChemOrbis. At the moment, PET markets appear to have responded to these dev...
Up to 30,000 mt of benzene is expected to arrive into China late April shipped from the US Gulf Coast in late February and early March, representing a rare reversal of the typical arbitra...
Asia has been witnessing reduced monomer supplies stemming from cracker shutdowns across the region, according to ChemOrbis. In response to the supply tightness, spot ethylene prices post...
Oil prices rose sharply amid concerns of supply disruption due to fighting between a Saudi-led coalition and Houthi rebels in Yemen, as per nytimes.com. Prices spiked on news that Saudi A...
Indorama Ventures, is acquiring purified terephthalic acid (PTA) assets in Europe and North America to boost its operations in western markets in a challenge to local manufacturers, as pe...
Polyethylene terephthalate prices in Northwest Europe rose to a five- month high this week as a weak euro slashed imports even as appetite for the product continued to improve, market sou...
Chevron Phillips Chemical has embarked upon maintenance activities at its Cedar Bayou, Texas polyethylene plant, according to a filing with the Texas Commission on Environmental Quality, ...
New structures that exploit the electromechanical properties of specific nanofibers to stretch to up to 7 times their length, while remaining tougher than Kevlar have been created by Rese...
Players in India report that PVC demand has shown some signs of cooling down this week following several weeks of strong activity, according to ChemOrbis. Buyers in the country are report...
The global PEEK market is projected to grow at a CAGR of 8 to 10% between 2014 and 2020, surpassing US$ 1 bln by 2020, as per Future Market Insights.Europe is largest market for PEEK in t...
Two affiliates of Sahara Petrochemicals plan to shut down petrochemical plants for scheduled maintenance in April, as per Reuters. Al Waha Petrochemical plans to shut its propylene and p...
Indian Oil Corp (IOC) and Oil & Natural Gas Corp (ONGC) have sold up to 65,000 tons of April naphtha at US$34 and US$28/ton respectively, the highest premiums fetched for naphtha sold out...
Driven by growing derivative demand in the region, the Asia-Pacific butadiene market is estimated to reach US$14918.3 mln by 2019, at a CAGR of 7.5% from 2014 to 2019, as per Micro Marke...
Propylene prices in Europe have seen an improvement this week- polymer-grade propylene increased by over Euro 50 to Eur886/mt FD NWE since the last week of February, while chemical-grade ...
Online rheometry is being expanded by Dynisco- offering to include a new simplified ViscoSensor configuration that has a more compact rheometer control unit (dubbed e-RCU). The new system...
Limited propylene supply in Europe has led to two force majeures: Borealis declared force majeure on polypropylene deliveries from its plant in Schwehaschat, Austria, due to a force maje...
Refiners in Europe are likely to flourish with production of naphtha for the first time in over four years due to exports to Asia and demand for gasoline blending in Europe, as per Bloomb...
In the Middle East and Africa, players are expecting firmer prices for both PP and PE for April from the Middle Eastern producers, according to ChemOrbis. Players in these markets mostly ...
The UAE's Abu Dhabi National Oil Co will hold term discussions with customers for its July 2015 to June 2016 naphtha cycle in the week starting April 13 in Singapore, as per market partic...
The Asia-Pacific Polystyrene market is expected to reach a value of US$11,255.4 mln by 2018 at a CAGR of 5.6% during the forecast period of 2013 to 2018, as per MicroMarket Monitor. The g...
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