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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
EQUATE Petrochemical Company, Kuwait's first international petrochemical joint-venture, will soon be in the final stages of its plant maintenance (turnaround). In a statement to Kuwait Ne...
Saudi Arabia has announced a 2015 budget with a huge US$38.6 bln deficit due to the sharp decline in oil prices but still raised spending. The price of oil, which makes up over 90% of pub...
State-run Bharat Petroleum Corporation Ltd (BPCL) is planning to raise Rs 4,000 crore for the expansion of its Kochi refinery and to fund its petrochemicals venture. State Bank of India (...
Reliance Industries has signed shipping agreements with Mitsui OSK Lines Ltd (MOL), for transporting liquefied ethane from North America to India. MOL will supervise the construction of s...
The Petrochemical Industries Co. (PIC), a subsidiary of Kuwait Petroleum Corportation (KPC), has signed a deal with Bahrain's National Oil and Gas Authority (NOGA) to partner in launching...
Players in China report that acetylene based PVC prices in the local market have gained a premium over ethylene based PVC triggered by steep declines in spot ethylene prices, which have e...
UOP LLC, a Honeywell company announced today that China has commissioned the first of 14 planned propylene production units using technology from Honeywell's UOP to help close the global...
Global oil markets fell again on Wednesday, extending more than a week of volatility as traders jousted over whether a growing supply glut had been fully priced in, as per Reuters. Oil o...
European polymer markets would continue to come under pressure from new capacity in the US that is being driven by shale gas and other cheap feedstock and energy regions, as per Interbulk...
H.I.G. Capital, a leading global private equity investment firm's affiliate has purchased the majority of the assets associated with Ferro Corporation’s Polymer Additives Division. PAD wi...
Crude oil prices are likely to bottom out in H1-2015, until a possible slowdown in US shale production counters a supply glut exacerbated by OPEC's decision not to cut output, as per a Re...
Global PP demand PP totalled 55.1 mln tons in 2013, with limited impact of the economic slowdown on the global market for PP, says Ceresana. PP revenues are expected to rise by 5.8% pa un...
China’s export and domestic PET prices hit their lowest levels since early 2009, according to ChemOrbis Price Wizard. Decreasing PET prices have been reinforced by relentless decreases se...
Players all across the world are closely eyeing the movements of crude oil, awaiting a signal for the downstream petrochemical industry, according to ChemOrbis. Saudi Arabia’s determinati...
INEOS Technologies has licensed its Innovene PP process for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers to the Full-Tech (Changzhou) Chemistry &...
Braskem America's Oyster Creek polypropylene facility near Freeport, Texas reported it would experience 10-22 days of emissions following an downstream problem at Dow, according to a fili...
Asia's naphtha front-month H1-February price was US$4.75/ton lower than levels seen in H1-March, as sellers struggle under heavy stockpiles, as per Reuters. Strong fundamentals usually le...
PETRONAS Refinery and Petrochemical Corporation (PRPC), a wholly owned subsidiary of PETRONAS, has selected the LyondellBasell Spherizone and Spheripol polypropylene process technologies....
Asia is set to receive almost 2 mln tons of deep-sea naphtha supply from the West in January, as per traders in ICIS. At the time of declining crude-led naphtha prices, this is an almost ...
Toray Advanced Materials Korea is planning to expand production of polypropylene (PP) spunbond at its facility in Tangerang, Indonesia to 37,000 tpa. The planned expansion is part of the ...
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