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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
The Middle East naphtha market has witnessed an appreciable growth at a CAGR of 7.7% during the period 2007-2013. UAE is the third largest country operating in Middle East naphtha market...
Reliance Industries Limited (RIL) has announced a new Chief Operating Officer - Vipul Shah. Shah assumed office on January 2. Shah, 55, was the President, Chief Executive Officer and Chai...
Brent fell by over 5%, to settle at US$47.4, its third-largest one-day decline since 2011 and its lowest close since March 2009, while US crude fell to US$46. Oil prices fell 5% to its lo...
Plummeting feedstock costs have led Europe’s chemical sector to gain ground against the US, according to ICIS data. As rapidly falling crude oil values feed into lower naphtha prices, mar...
The North America acetic acid market is estimated to grow to US$1753.7 mln by 2018 at a CAGR of 4.7% from 2013 to 2018, as per Micro Market Monitor. Acetic acid is an organic compound a...
US spot ethylene prices ended the previous week lower by an average of 4.5% from the close of 2014, as per ICIS. Spot prices fell to start the week before a small rebound mid-week, ending...
The Asian naphtha crack rebounded from a 2-1/2 year low to reach US$30.65/ton at the end of last week, a 28.5% spike in value, as demand picked up from South Korea, as per Reuters. Sam...
Polyethylene (PE) players in Europe are positioning themselves for January pricing discussions, simultaneously considering what might happen in February, sources as per sources in ICIS. ...
The masterbatch market in Saudi Arabia is projected to witness a CAGR of 6.3% till 2019 in terms of volume consumption, as per TechSci Research. The market is dominated by white and black...
Emery Oleochemicals, a world leader in natural-based chemicals announced that construction activities of its new technologically advanced bio-polyol plant located in Cincinnati, Ohio has ...
HIG Capital, a leading global private equity investment firm with more than US$17 bln of equity capital under management, through its affiliate, has purchased the majority of the assets a...
SK Energy, South Korea's top refiner, has sold a February spot medium-range vessel size naphtha cargo at a steep discount of US$22/ton to Japan quotes on a free-on-board (FOB) basis, maki...
Shandong-based Yantai Wanhua Polyurethanes is undergoing test runs at China's biggest propane dehydrogenation plant by feeding in pressurized LPG and aims to start initial production in M...
Solvay has completed the acquisition of the Ryton® PPS (polyphenylene sulphide) business from U.S.-based Chevron Phillips Chemical Company for US$220 million, enlarging its high-performan...
The U.S. packaging barrier resin market reached 8.8 billion pounds in 2014. This market is expected to grow to about 9.8 billion pounds in 2019, with a compound annual growth rate (CAGR) ...
A new antimicrobial protection for healthcare and consumer products - Seal Shield(TM) developed by Seal Shield LLC has been unveiled. The Seal Shield solution represents a groundbreaking ...
January contract prices for European polyolefins (polyethylene, polypropylene, polyvinyl chloride) have sunk to multi-year lows following the fall in the January CPs of olefins -- ethylen...
The global masterbatch market is projected to register a CAGR of 7.1% between 2014 and 2019 to reach US$12.1 bln, as per Reserach and Markets. The packaging segment, that uses masterbatch...
Russia’s OOO Tobolsk-Polymer facility, became the largest plant to use Honeywell’s UOP C3 Oleflex process technology in the world, with design capacity of 510,000 tpa of propylene in West...
The Evangeline Ethylene Pipeline has lowered its pressure to remove an inspection tool from the line, pipeline owner Boardwalk Pipeline Partners has been reported by Platts. "Two of the ...
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