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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
A rare European origin ethylene cargo was sold into Asia late last Friday for end-October delivery despite a shut arbitrage between the two regions, as per traders in Platts. The 6,500 mt...
CB&I was awarded a contract by Shenhua Ningxia Coal Industry Group Co. for the license and engineering design of a grassroots petrochemicals complex to be built in Lingwu, China, as per H...
Mycelx Technologies Corp has been awarded new contract with a Kuwaiti petrochemical company, for a project scheduled for Q4-2014, as per Alliance News. Name of company and financial detai...
At the start of the week, Asia's naphtha crack rose marginally to US$135.3/ton, supported by demand for term barrels. In the three weeks since August 7, South Korea's YNCC, Lotte Chemical...
In Europe, late August deals for PP are being concluded with decreases while trading activities are muted as players are returning from the holidays in South Europe while others are focus...
Asian propylene prices are not expected to recover by end of 2014 from a downtrend that started in August, as per market participants in Platts. Several factors are impacting this downtre...
Local PET prices continued to draw a soft outlook in markets such as China and Southeast Asia over this week, as per the pricing service of ChemOrbis. Players blamed unsupportive demand a...
Toyo Engineering was awarded a contract for a steam cracker complex (SCC) as part of the RAPID integrated refinery and petrochemicals project by Malaysia's Petronas in Pengerang, Johor. T...
CB&I has been awarded a contract by Poland's PKN for the license and engineering design of a new on-purpose propylene production unit to be located in Plock, Poland. The unit will use CB&...
In the first week of July, locally held HDPE film prices in Vietnam began to surpass the prices of other PE products, as per ChemOrbis. The premium on HDPE film continued as of the previo...
The global engineering plastics market valued to be US$53,580.7 mln in 2013, which is estimated to reach about US$79,026.6 mlnn in 2018, growing at a CAGR of 8.0% from 2013 to 2018, as pe...
KBR, Inc. has been awarded a contract from Gemini HDPE LLC, a manufacturing joint venture between INEOS Olefins & Polymers USA (INEOS) and Sasol, to provide engineering, procurement, and ...
Japan's Toyo Engineering Corporation has secured a 240 billion yen (RM7.33 bln) project from Petroliam Nasional Bhd (Petronas) for the steam cracker complex at Petronas' Refinery and Petr...
The German market for plastics packaging and films achieved encouraging results in 2013, as per kunststoffverpackungen.de. Whilst production output rose by around 2.4% to 4.3 mil...
The global market for plastic rigid food packaging is expected to increase to 37.2 bln lbs by 2019, which corresponds to a 3.7% compound annual growth rate (CAGR) from 2014 to 2019. Polye...
Bulgarian plastics film and packaging group Megaport has established a new Euro 1.84 mln (US$ 2.47 mln) recycling plant at Veliko Turnovo. Said to be equipped with the 'most advanced recy...
Reliance Industries Ltd (RIL), which has investments in shale gas and oil business in the US, will be sourcing ethane for its petrochemicals complex at Jamnagar from that country, startin...
To develop a new catalyst technology to produce ethylene and propylene from natural gas, Bio2Electric, LLC, dba EcoCatalytic Technologies, is collaborating with North Carolina State Unive...
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