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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
Ethylene maker Sidi Krir Petrochemicals Company (SIDPEC) has become the first Egyptian firm to obtain the ISO 50001 certification for industrial energy consumption management. The company...
Petroleo Brasileiro SA has received a joint offer for its 34% stake in Cia. Mega SA from partners YPF and Dow Chemical, as per Bloomberg. Buenos Aires-based YPF owns 38% of Mega and Dow h...
Polyethylene (PE) prices are expected to decline further in the Southeast Asian spot market due to persistently weak demand, growing inventories and continuous drops in feedstock ethylene...
Middle Eastern polypropylene and polyethylene producers are eyeing European markets as prices in Asia continued to tumble, as per sources in Platts. Asian PP prices have fallen dramatic...
Iran prepares to resume exports of petrochemical products to Europe which were banned by US-led sanctions in recent years, according to Shana, the Iran oil ministry’s news service has bee...
Aliko Dangote, Africa’s richest businessman, is increasing the size of his investment in an oil refinery, petrochemical and fertilizer plant by more than a fifth to US$11 billion despite ...
For the first time since May 2009, Brent crude has plunged below US$60 to US$59.01, on news of a fall in industrial activity in China, the world's second largest consumer of oil.
The Evangeline pipeline, which carries up to 2.6 bln lb/yr of ethylene between storage hubs in Texas and Louisiana, resumed operations, operator Boardwalk Pipeline Partners confirmed as p...
UOP LLC, a Honeywell company, announced that UOP C3Oleflex™ process technology started up and has been successfully operating in Russia, producing high-quality propylene to help meet the ...
A versatile series of TPEs developed by Teknor Apex Company for consumer electronics provides the enhanced functionality, pleasing tactile properties, vivid color, and durability that are...
The European PP market remains on a downward trend this week as trading activities have started to slow down ahead of the Christmas holidays, according to ChemOrbis. Expectations are cent...
High barrier materials can block the penetration of small molecular gas (such as O2, CO2, N2, water vapor), aroma and other organic solvent vapor prominently. By virtue of better barrier ...
The Rajasthan government is scouting for a consultant or consultancy firm familiar with the oil, gas and refining sector to evaluate the terms and conditions for setting up an oil refiner...
Technip has entered into an agreement with Air Liquide Global E&C Solutions Germany to purchase all of its Zimmer® polymer technology business. Based in Frankfurt, Germany, the business ...
Spot ethylene for December and January fell to 38.25¢/lb, the lowest level since October 2010, in rapid trading as US ethylene consumption continued to weaken and overseas competition in ...
The Competition Commission has cleared Chatterjee Group's proposal to hike its stake in Haldia Petrochemicals by acquiring shares from West Bengal Industrial Development Corp. As per econ...
The Asian propylene-naphtha spread has fallen by 17.8%, day on day to a six-year low of US$178/mt at the end of last week; amid excess supply, sliding oil prices and weaker demand in the ...
Oil on the Nymex closed at US$55.9, the lowest finish since May 2009, while January Brent crude on London’s ICE futures exchange settled at US$61 a barrel. Oil continues on its downward...
The petrochemical industry got a taste of what could be a potential shift in petrochemical profitability during the last quarter as crude prices – and, in turn, naphtha prices – tumbled, ...
Northwest European (NWE) naphtha prices have fallen below US$500/ton for the first time in five-and-a-half years amid plunging crude values, ICIS data showed. Naphtha cargo values began ...
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