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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 on the Nymex for April delivery dipped to US$43.4 a barrel, the lowest settlement since March 11, 2009, while Brent oil slid to US$53.5 a barrel on ICE Futures Europe. Stored supplies...
The market applications for thermoplastic pipe include oil & gas, municipal, mining & dredging, and chemicals. The oil & gas application of thermoplastic pipes is estimated to grow with a...
Crude oil, coal and natural gas can all be used to produce ethylene and propylene. In China, most ethylene and propylene are produced from crude oil because of a lack of natural gas resou...
The past few weeks have seen crude oil prices weakening again amid a supply glut in the US. Despite a decline in the number of active rigs, USA is pumping more oil than ever, bringing dow...
The market for composites end market in terms of value is expected to reach around US$90 bln by 2020, growing at a significant CAGR 7-9% from 2015 to 2020, as per MarketsandMarkets. The A...
The European PET market continues to witness gradual increases and local prices are seen drawing near the €1000/ton threshold, according to ChemOrbis. The firming trend was attributed to ...
Royal DSM, the Life Sciences and Materials Sciences company, and CVC Capital Partners (CVC), one of the world's leading investment advisory firms, have announced a partnership for DSM's a...
Rosneft completed the transaction on purchase of 100% of shares of SANORS Holding Limited (Novokuibyshevsk Petrochemical Company) after obtaining all the necessary approvals from antimono...
A. Schulman, Inc. leading international supplier of high-performance plastic compounds, powders and resins, has executed a definitive agreement to acquire all of the issued and outstandin...
Versatile and economical temperature controllers that can meet heat-only control, heat/cool control or indicator-only applications on plastics extruders have been unveiled. Dynisco's 1496...
Petrochemical markets in Asia have reacted swiftly to recent rising crude oil and naphtha prices but European and US markets are still feeding through the sharp crude price downturn of th...
Japan based Shin-Etsu Chemical has announced plans to expand production capacity at its silicone monomer and silicone polymer plants in Thailand, with a total investment of around JPY20 b...
The previous week saw Asia's naphtha crack end at a one month high of US$110/ton, supported by expectations of fewer cargoes coming to Asia following a shutdown of the Houston Shipping Ch...
In Europe, spot styrene prices continued to gain increases during this past week and the cumulative increases seen on the spot styrene market have reached around US$245/ton on FOB NWE bas...
Abu Dhabi National Oil Co (ADNOC) has sold about 125,000 tons of naphtha to Vitol at premiums that were at least US$10 below the market rate of US$28/ton to Middle East quotes on a free-o...
India is set for maintenance shutdowns at two PVC producers in March which keeps the near term outlook firm supported by vivid seasonal demand and bullish expectations, according to ChemO...
The Prepreg Market is growing at a CAGR of more than 10.5% between 2015 and 2020 and is expected to reach US$6.9 bln by 2020, as per MarketsandMarkets. North America is currently the larg...
A set of draft rules has been published by the Kaohsiung government to regulate the petrochemical industry in the Taiwanese city. The regulations order companies that bury petrochemical p...
Thailand's PTT Global Chemical PCL is studying several options for supplying sufficient raw material to its petrochemical plants, including imports of oil feedstocks after declines in glo...
US demand for plastic film is expected to grow 1.5% pa through 2018 to 16.4 bln lbs, resulting in sales of US$26.2 bln,, as per RnR Market Research. Acceleration in manufacturing output a...
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