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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 Asian ethylene-naphtha spread widened US$16.50/mt day on day to US$683.38/mt on September 18, driven by bullish ethylene despite an expected influx of deepsea European ethylene supply...
German major Bayer plans to spin off its polymer business into a new, publicly listed entity and move focus primarily to health care.The plan to spin off the polymer business, known as Ba...
Players in China report that the PP market is facing some downward pressure these days owing to the start up of some new coal based capacities amid softer upstream markets and stagnant de...
Carbon Holdings has increased investments for the Tahrir Petrochemical Complex to be constructed in Ain Sokhna, to US$7 bln. 65% of the project will be financed by bank loans, while the r...
OPEC Chief indicated that the cartel could cut its production target for 2015 by 500,000 bpd from 30 mln bpd to 29.5 mln bpd, after talks with Russian Energy Minister Alexander Novak in V...
Tracking continued tight supply and low inventory levels, US spot ethylene prices hit a 29-month high on Tuesday on the back of two trades, as per ICIS. Sources said front-month Williams ...
Milliken will reveal the secret to high-performance, attention-grabbing thermoformed packaging that is both resource- and cost-efficient, with a showcase of Ultra Clear PP-based commercia...
UBE Industries, Ltd. announced that its Thai subsidiary, UBE Fine Chemicals (Asia) Co., Ltd., will open a production facility for polycarbonate diol (PCD) to meet rising global demand. Th...
A range of railway industry specific high performance plastics materials will be introduced by Quadrant Engineering Plastic Products (EPP), the global leader in machinable plastics. With ...
Clariant, world leader in specialty chemicals, has announced the inauguration of an important new extension to its production facility in Roha, south-east of Mumbai. The expansion doubles...
From current levels of 109 mln tons, global propylene production capacity will increase to 165 mln tpa by 2030, prompting a radical shift in historical supply relationships, as per a fore...
Since late June, spot naphtha prices have been steadily falling in Asia in line with crude oil prices, as per ChemOrbis. A cumulative decrease of around US$115/ton has been reported in sp...
The first seven months of 2014 have seen an increase in EU ethylene exports and propylene imports due to increased used of propane and butane as feedstocks by steam crackers, recent Euros...
Based on completion of the FEED contracts and assessment of the design documentation, SIBUR is to proceeds with the ZapSibNeftekhim project. SIBUR's Board of Directors has approved increa...
Thai energy company PTT has joined world's premier oil producer Saudi Aramco, in submitting a proposal to the Vietnamese government to build a US$22 bln refinery and petrochemical complex...
Despite an open arbitrage on higher imports from Asia, benzene exports from NW Europe to the US Gulf fell 17.5% month-on-month, latest Eurostat data showed, as per Platts. Exports from ...
Saudi Arabian firm Advanced Petrochemical Company has decided to invest in propane dehydrogenation (PDH) plant with SK Gas in South Korea for the production of propylene. The US$1bln proj...
The South American operations of global automotive manufacturers and OEMs are being even better served thanks to increased Borealis activity in the region, principally through the expansi...
In Europe, the gap between spot ethylene and propylene prices started to widen again as of the beginning of September and the premium on propylene over ethylene reached €150/ton this week...
Several new and upgraded material solutions engineered to enable the automotive industry to achieve greater cost efficiency, higher performance and improved sustainability in vehicle comp...
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