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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
South Korea's leading petrochemical firms have agreed to further increase their investment this year as part of efforts to create jobs and boost their exports, as per government sources a...
Anticipating increased demand, Kuwait has planned to expand its petrochemical capacity from 3.4 mln tpa in 2012 to 7.9 mln tpa by 2015 at a compound annual growth rate of 32%. Petrochemic...
The spread between styrene monomer and feedstock ethylene narrowed to US$14.50/mt Tuesday, its narrowest in more than three years, on softening SM prices and stable ethylene, as per Platt...
PVC prices in India have declined over the past week as demand remains sluggish owing to the monsoon season along with softening upstream costs and bearish sentiment in other global marke...
Five years after its transformational US$1.9 bln acquisition of Alcan's packaging assets, Amcor is eyeing potential acquisitions worth US$3 bln as the global packaging giant seeks further...
US firm Milacron is to invest US$30 mln in Indian arm – about US$20 mln in its Ahmedabad facility and US$10 mlm in Coimbatore facility. The global plastic processing equipment manufacture...
San Antonio-based refiner Tesoro Corp. plans to invest US$400 mln for conducting facility upgrades to extract xylene feedstocks in its U.S. West Coast refining system, as per bizjournals....
US petrochemical producer Formosa Plastics will delay its 5 week planned turnaround of its Olefins 1 steam cracker in Point Comfort, Texas, set to start at the beginning of September, as ...
Middle Eastern import PP prices lost ground in Turkey and Egypt this week, as per ChemOrbis. The recent softening in PP offers from the region was attributed to sluggish demand as well as...
Petrochemical company Ineos has bought 51% stake in an onshore oil and gas licence surrounding its refining and petrochemical complex at Grangemouth, as per heraldscotland.com. The licenc...
JG Summit Petrochemical Corp is in the process of ramping up cracker run rates after a near two-month shutdown. The only naphtha cracker in Philippines is seeking 30,000 tons of naphtha f...
Spanish oil engineering company Tecnicas Reunidas has been awarded a US$1.5 bln turnkey contract as part of the Refinery and Petrochemicals Integrated Development (Rapid) project in Malay...
More buyers in China are reporting that acetylene based PVC is attracting more interest these days as this product is continuing to be traded at a discount that is close to a record high ...
Phillips 66 and Chevron Phillips Chemical are teaming up with the Sweeny Independent School District in Texas to help fund the creation of a petrochemical academy, with an initial combine...
SABIC is modifying its Wilton cracker in the UK to enable it to use ethane feedstock imported from USA. The company is aiming to complete the project by 2016. The nameplate capacity is 86...
South Korea's Samsung Heavy Industries has been awarded a US$723 mln contract to build six very large ethane carriers for India's Reliance Industries Ltd., as per sources in Platts. The...
Nigerian President has flagged off the implementation of the US$1.5 bln (about N260 bln) Quantum Petrochemical Complex in Ibeno, Akwa Ibom State. The state-of-the-art facility will produc...
Sinopec Engineering, a subsidiary of China Petrochemical, and Kazakhstan Petrochemical Industries (KPI) have terminated their previously announced US$1.85 bln contract, as per chemicals-...
Players report that buying interest for American PVC cargoes is generally low in Turkey and Egypt nowadays, as per ChemOrbis. Import American PVC offers currently retain their strength at...
PRPC Refinery and Cracker, a subsidiary of PETRONAS, has awarded a contract to UK-based Petrofac to provide engineering, procurement, construction and commissioning (EPCC) services at its...
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