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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
North American butadiene market estimated to grow to US$5508.9 mln by 2018 at a CAGR of 5% from 2013 to 2018, as per MicroMarket Monitor. The butadiene market in North America is the se...
Union Minister for Petroleum and Natural Gas laid the foundation for the Rs.3150 crore polypropylene plant at Indian Oil’s refinery complex at Paradip. This is part of a bigger plan to de...
Mexico's state run Pemex has approved a post-reform corporate revamp- finalizing a corporate restructuring including the creation of new business units that will focus on fertilizers and ...
China's Unipec, that had earlier cancelled a tender, returned to the market to buy. As a result, Asia's naphtha crack for front-month H1-January jumped more than 10% on Monday to reach US...
Technip has been awarded a contract by Westlake Chemical Corporation (WLK) to provide detailed engineering and procurement services to expand the recovery section of Westlake’s Petro 1 et...
From US$26.5 bln in 2013, the global nonwoven fabrics market is expected to reach US$ 42.1 bln by 2020, at a CAGR of 6.8% from 2014 to 2020, as per Grand View Research, Inc. Growing produ...
ExxonMobil has restarted its Beaumont, Texas, ethylene plant after completing an unexpected outage in the early part of last week, as per sources in Platts. ExxonMobil shut process compre...
Oil prices firmly continue their downward slide and plunge below US$80 a barrel. This seems to be unnerving several Organization of the Petroleum Exporting Countries (OPEC) members, with ...
BP plans to invest in upgrading energy efficiency at its PTA plants Cooper River, South Carolina, USA and Geel, Belgium. The combined investments will "position these assets among the m...
North America has the largest market share for superabsorbent polymers, followed by Europe and Asia-Pacific. The U.S. is the largest consumer of superabsorbent polymers substances owing t...
Spot styrene prices have posted three-digit decreases both in Europe and Asia over the past week, as per ChemOrbis. The weakness across the major styrene markets was attributed to bearish...
Unipec has returned to the market seeking naphtha for H2-December delivery to China. Last week, the Chinese company failed to buy naphtha likely to uneconomical offers, as per traders in ...
NORSOK M-710 compliance has been achieved for Ketron® 1000 PEEK (natural) extruded stock shapes (plates, rods and tubes) by Quadrant Engineering Plastic Products- a further advancement of...
US spot ethylene traded at its highest level in the past week, following news of a fire at Shell Chemical's Norco, Louisiana, complex, as per sources in Platts. The fire at Norco Manufact...
Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which US petrochem major Dow Chemical Co plans to sell off, state news agency KUNA quoted a senior Kuwaiti execut...
Naphtha prices in Europe plunged to levels near US$600/ton last week amid low upstream Brent crude oil futures as per ICIS data. Prices recovered briefly during mid-week on the possibilit...
BP has extended its force majeure by a month on AA supplies out of Hull, northeast England. Its December acetic acid allocation to European contract customers will be 70%, as per sources ...
Iran and Indonesia have agreed to establish a joint-venture company for the export of Iranian oil products and petrochemicals to Indonesia, as per an Iranian official in presstv.ir. The f...
Oil & Natural Gas Corp. (ONGC), is seeking to sell to strategic investors a 25% stake each in two petrochemical ventures and a power project before taking the units public- ONGC Petro-add...
The foundation stone of the Rs 3150 crore polypropylene plant at the upcoming Paradip refinery project complex has been laid by Union Minister of State (Ind) for Petroleum and Natural Gas...
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