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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
Union Budget 2014-15 proposals pertaining to Petrochemicals / Plastics: Reduction of the basic Customs Duty on ethane, propane, ethylene, propylene, butadiene and ortho-xylene from 5% to...
Italy’s PE market saw a round of noteworthy increases for July boosted by the €50/ton rise in ethylene contract settlements in Europe, according to ChemOrbis. Initial hike requests concen...
An innovative design for the system that removes dirt and fine particles from process water in underwater pelletizing drastically reduces power usage in water filtration and cuts overall ...
Middle East FRP pipe industry is expected to grow at a CAGR of 3.1% during 2014-2019. The major drivers of Middle East FRP pipe industry are growing investment towards urban infrastructur...
CIF Northwest European naphtha cargo prices have fallen to a one-month low as cracks fell on weak end-user demand and Brent crude futures extended their downward trend, market sources sai...
Finance Minister proposes cut in basic customs duty on some petrochemical units in India to encourage new investment and capacity addition in the chemicals and petrochemicals sector, Fina...
Naphtha crack in Asia rose by 3% vs Brent crude to US$162.20/ton at the close of last week amid strong gasoline demand. This is its highest since Jan. 13- six months ago. "Naphtha deman...
The global emulsion polymer market is expected to reach US$44.22 billion by 2020, according to a new study by Grand View Research Inc. Growth of major end use industries such as paints & ...
The 4 units of Formosa Plastic Group - Nan Ya, Formosa Plastics Corp., Formosa Chemicals & Fibre Corp. and Formosa Petrochemical Corp., posted NT$54.6 billion (US$1.83 bln) in net profit ...
ONGC is evaluating a proposal to merge ONGC Mangalore Petrochemicals (OMPL) with Mangalore Refinery and Petrochemicals (MRPL). The PSU firm has appointed consultancy firm Deloitte to come...
Japanese Idemitsu Kosan's wholly-owned subsidiary Petrochemicals (Malaysia) has lowered the operating rate at its 110,000 tpa high impact polystyrene (HIPS) plant at Pasir Gudang this mon...
LyondellBasell has declared force majeure on polypropylene supplies out of its plant in Carrington, northeast England, on Monday, as per Platts. The force majeure was on the back of an u...
Global market for Polymeric Polyols is forecast to reach 33.1 billion pounds (lbs.) by 2020, driven by growing demand for polyurethane in the automobile, construction, and furniture indus...
US spot ethylene prices Tuesday rose to levels not seen in more than a year after a late-Monday fire forced a shutdown at Chevron Phillips Chemical's Port Arthur, Texas, facility, multipl...
Naphtha crack in Asia rose 5.5% to reach a two-month high of $157.40/ton on Wednesday as stubborn tight prompt supplies held up the value, as per traders in Reuters. They added that trade...
US petrochemical producer Equistar has declared a force majeure event for polyethylene made at its Matagorda and Victoria, Texas, plants, according to a letter to customers obtained by Pl...
Northwest European steam cracker margins spiked at a 16-week high, Platts data showed Wednesday, amid a recovery in spot ethylene prices and softening naphtha and LPG markets. Cracker ma...
Players report that the Malaysian and Egyptian governments will begin anti-dumping investigations into various PET origins in the near future, while Turkey will hold a review of investiga...
BioAmber Inc., an industrial biotechnology company producing sustainable chemicals, today announced it has signed a 210,000 ton per year take-or-pay contract for bio-based succinic acid (...
Sandvik Materials Technology has been awarded the contract to supply specialist heat exchanger tubes to a prestigious chemical green field project in Nanjing, China. More than 400 tonnes ...
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