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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
Praxair, through a subsidiary, has expanded its presence in China, signing a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials, a joint venture betwe...
Sellers active in the local PP and PE markets in Vietnam say that they are struggling to maintain a healthy premium over import prices, as buyers resist higher prices while overseas produ...
Specialty synthetic fibers & glass fiber market poised to reach US$20.1 bln at a CAGR of 5.2% by 2018. The highest revenue is forecasted to be for glass fiber, owing to the low pricing as...
South Korea's SK Global Chemical is running its 350,000 mt/year styrene monomer plant at Ulsan at full capacity in July, similar to June and May, but is considering run cuts as margins ar...
L&T Technology Services will provide engineering services for CAPEX projects by executing non IP-sensitive engineering activities in the Front End Engineering Design and in the Detailed D...
After the awaited announcement of a major Taiwanese producer for August PVC offers, the reaction of the Asian PVC market is being gauged, as per ChemOrbis. Buyers and sellers are playing ...
The European Union's net imports of benzene grew 34.3% year on year to 92,972 mt in May 2014, following a significant drop in exports, Eurostat data was reported in Platts. Over the first...
Integrated energy firm Total SA is discussing the divestiture of its 22.4% interest in China-based West Pacific Petrochemical refinery with Chinese energy giant PetroChina Co Ltd., as per...
Along with Chevron Phillips Chemical Co., Equistar has declared force majeure production limits on polyethylene. Equistar — a unit of Houston-based LyondellBasell Industries — has experie...
Packaging films are essential for quality and shelf-life of food, pharmaceutical, and other personal care products. Food packaging industry is the major consumer for packaging film follow...
The front-month CIF Northwest Europe naphtha crack has peaked to an 18 month high, driven by strength in the Asian naphtha market and the ongoing downtrend in crude futures, as per source...
Indonesia's state-owned Pertamina has sold a total of 400,000 barrels of naphtha lifting from Balikpapan to Unipec in an unusual move, as per traders in Reuters. Pertamina does not regula...
A new pressure forming machine opens up a new dimension for the production of plastic packaging items ensuring a higher productivity due to faster cycle times and bigger forming surfaces,...
Ethylene vinyl acetate has found wide acceptance in various industries on account of its distinguished properties in comparison to other materials. On the basis of application areas, the ...
Chevron Phillips Chemical has declared a force majeure on polyethylene supply, as per Platts. The move comes a week after a fire at the company's Port Arthur plant injured two workers a...
Naphtha crack in Asia rose to a 17-month high of US$174.6/ton at the start of the week, while the gasoline crack edged up to a one-year high of US$15.05 a barrel due to squeezed supplies,...
South Korea's YNCC has bought naphtha for H2-August delivery at about US$15-16/ton above Japan quotes on a cost-and-freight (C&F) basis. Thus is almost double of what it paid for H1-Augus...
Orpic's (Oman Oil Refineries and Petroleum Industries Company) US$3.6 bln Liwa Plastic Project (LPP) has announced awarding five technology licensor contracts valued at around US$80 mln. ...
India's Oil and Natural Gas Corp (ONGC) is set to skip a second naphtha export cargo for August after shutting a pipeline supplying gas to its western India plant, as per sources in Reute...
A €318 million (R4.6 billion) antitrust fine levied on Sasol has been cut by more than half after judges said EU regulators had wrongly blamed the petrochemicals firm for the behaviour of...
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