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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 US spot styrene market rose from 5 year highs to start 2014 to 5 year lows to end the year. US spot styrene prices peaked in January, assessed at 80 cents/lb (US$1764/mt) FOB USG on J...
Versalis (Eni) has announced the signing of a firm agreement with Sarlux (Saras) that officially formalizes the transfer of the plants of the Sarroch site (Cagliari, Sardinia). The aim of...
Formosa Plastics filed a construction permit application with the Texas Commission on Environmental Quality (TCEQ) last week to build a new polyethylene plant at its Point Comfort, Texas ...
Russia's oil company Rosneft targets to complete takeover of petrochemical producer Sanors by Q1-2015, as per Platts. Sanors' petrochemical assets in Novokuybyshevsk in Russia's Samara re...
Light, sweet crude for February delivery inched up 1% to US$54.1 on the Nymex, and to US$57.9 on the Brent. Analysts expect the EIA to report that oil supplies fell by 600,000 barrels las...
Environmental protection groups demonstrated in front of the Yunlin County Government building against the agricultural tailwater recycling plan proposed by the sixth naphtha cracker com...
China’s polymer imports declined for a third consecutive month in November, reflecting the state of dull demand in the country along with slower than anticipated economic growth, as per C...
Iran prepares to resume exports of petrochemical products to Europe which were banned by U.S.-led sanctions in recent years, according to Shana, the Iran oil ministry’s news service. The...
Saudi International Petrochemical Co (Sipchem) has planned the initial start-up of its new 63,000 tpa polybutylene terephthalate (PBT) plant in the first quarter of 2015, as per Reuters
Williams Partners L.P. has expanded its Geismar plant, and expects ethylene production for sale to begin in January as commissioning efforts for the project near completion. “This commiss...
Brent, U.S. crude plunged to their lowest level since May 2009 - Brent crude settled at US$57.8, while US crude dropped by US$53.61 a barrel. A rally was seen earlier in the day on news ...
Haldia Petrochemicals Ltd failed to meet export commitment for which it had got advance licenses. The HPL plant in West Bengal has been under closure since last six months. "Since 2009,...
A Saudi producer revealed new January PP, PE and PS offers at the end of last week in line with the previous market expectations, as per Chemorbis. Players in the Middle Eastern markets h...
The global disposable plastic blood bags market was valued at US$2,44,286,8 thousand in 2014 and is expected to grow at a CAGR of 9.1% from 2014 to 2020, to reach an estimated value of US...
A new bio-based engineering plastic that can be used for exterior design parts for automobiles has been developed by Mazda Motor Corp, in conjunction with Mitsubishi Chemical Corporation....
Sasol Limited (Sasol) has announced the completion of a US$4 billion credit facility for its ethane cracker and derivatives at its existing site in Lake Charles, Louisiana. In October, Sa...
Spot benzene and styrene costs in Asia have pared some of their losses over the week after recording relentless decreases for 5 months, according to ChemOrbis. The uptrend was mainly attr...
The global polypropylene (PP) market is predicted to grow in the next 4 years, posting an annual growth rate of 4–4.5%. The APAC and Middle East and African regions are expected to be the...
The Odisha government has urged the Government of India to provide budgetary support to Indian Oil Corporation Ltd (IOCL) for financing the capital cost of the PCPIR (petroleum, chemicals...
US naphtha exports are expected to increase in 2015 for all grades, as refiners continue to seek new outlets for increased production, as per Argus Media. However, growing condensate expo...
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