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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
Celanese Japan Limited, a wholly owned subsidiary of Celanese Corporation, and the Osaka-based Setsunakasei Co Ltd (Setsunan) have signed a letter of intent to pursue an agreement whereby...
The global PE Film extrusion industry is finally recovering from the impact of the global financial crisis of 2008. As per AMI, the recession of 2008-2009 saw polyethylene film productio...
Talks are underway between Carbon Holdings and the UAE government over a possible US$400 mln Emirati investment in the Tahrir Petrochemical Complex project, as per Daily News Egypt. As pe...
Sasol Limited has announced the final approval of an US$8.1 billion ethane cracker and derivatives complex at its existing site in Lake Charles, Louisiana. Central to the project is an et...
At the start of next month, Idemitsu Kosan Co is set to restart the 687,000 tpa naphtha cracker at its Tokuyama plant in western Japan, following a scheduled maintenance, as per Reuters. ...
Total's NC3 naphtha cracker in Antwerp, Belgium, is currently offline for an indefinite period due to an unplanned shutdown, according to market sources in Platts. A propylene buyer said ...
Last week in Asia, upstream production costs recorded weekly increases, as per ChemOrbis. Supply issues, coupled with firmer futures prices played a role in the recent upstream price uptr...
Naphtha crack in Asia extended losses to hover at 26 month lows of US$60.9/ton as demand from North Asia failed to make a significant dent in high supplies, as per Reuters. South Korea's ...
Saudi Basic Industries Corp. (SABIC) and Royal Dutch Shell (Shell), partners in the SADAF, have abandoned expansion plans. SADAF, announced in 2012, was a proposed expansion of the Jubail...
Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd. for the PETRONAS Refinery a...
China’s coal-based polyolefins capacity is expected to hit 5.96 mln tons by the end of the year, a sharp surge from 2.16 mln tpa in 2013. This will account for about a fifth of total 30.2...
Saudi Basic Industries Corp. (SABIC), has reported a 4.5% fall in Q3 net profit, as sales of petrochemical products slowed. The company reported net income for the three months ended Sep...
Siam Cement Group has set aside an investment budget of Bt200 billion to Bt250 billion for 2015-19 to create innovative products in its petrochemical and paper businesses and become a lea...
US front-month October ethylene spot prices fell at the end of the previous week to levels seen in early-July, but remain 31% higher year on year, as per ICIS. Front-month October ethylen...
Songwon Industrial Co., Ltd.and its distributor United Trading System (UTS) have signed a long-term cooperation agreement to supply the Russian petrochemical company, SIBUR with additives...
Since the downturn that kicked off in early September in China, domestic PP prices have lost an average of US$120/ton. The downward trend for HDPE saw a late start and recorded a smaller ...
Westlake Chemical plans to add nearly 115,000 tpa of ethylene capacity at its 560,000 m tpa plant in Lake Charles, Louisiana, by late 2015-early 2016, as per a company source. As per Plat...
Players in China and Southeast Asia report that initial November prices for PVC have been announced with decreases in line with softer upstream costs and limited demand during the traditi...
Petrochemical prices in Asia have dropped sharply amid tumbling crude values due to concerns about global growth and demand, as per Platts data. Front-month NYMEX crude settled down 6 ce...
Large-scale investment in African countries makes the region one of the most exciting markets for polymers in the world today, says Applied Market Information (AMI). In its study into the...
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