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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
By 2017, the overall global acrylonitrile production is poised to touch the 7 mln tons mark, as per Merchant Research & Consulting. In 2012, the world’s total production capacity of acryl...
Industrial supply company Air Products and Chemicals Inc. on Friday (April 4), marked the completion of a US$1 bln hydrogen pipeline project that will triple amount of hydrogen the compan...
Japan's ethylene and ethylene derivatives exports in February fell 16.1% from January 2014 to 192,100 ethylene equivalent ton, as per Japan's Ministry of Economy, Trade and Industry repor...
The Asian naphtha crack was at a four-session high of US$138.83/ton, supported by limited supplies against healthy demand, as per Reuters. Low European/Mediterranean naphtha exports to...
Within Asia-Pacific, India is expected to see the largest plastic polyethylene (PE) demand growth from 3.6 million tons (mt) to 8.2 mt in the next 10 years. According to the “Platts Shale...
Naphtha which can be found in shale oil or refined petroleum and coal tar is a highly versatile commodity. Coal tar naphtha is a volatile commercial product obtained by the distillation o...
Egypt's Minister of Trade, Industry, and Investment announced the signing of a cooperation agreement between an Egyptian company and an Italian opposite number shortly. The US$1.7 bln agr...
Around 900,000 to 1 mln tons of European/Mediterranean naphtha are expected to arrive in Asia in May, similar to March volumes which were at five-month low,as per Reuters. The lower-than-...
Attractive margins for olefins and a weak gasoline market in Asia, triggered an overhang in the Asian aromatics market in the first quarter of this year, as per Platts. "The bullish eth...
In China, players speculate that local HDPE, LDPE and LLDPE film prices, which had been following a decreasing trend since mid-December, may be nearing the bottom; after locally held offe...
Malaysia’s state oil firm Petroliam Nasional (Petronas) board of directors has given the green light for a US$16 bln (RM53 bln) refinery and petrochemical integrated development (Rapid), ...
The global polymer foams market's revenue was estimated to be worth US$82.6 bln in 2012, which is expected to reach US$131.1 bln by 2018, growing at a CAGR of 7.7% from 2013 to 2018, as p...
Naphtha crack in Asia recovered to a two-session high of US$136.25/ton midweek, with spot deals on a cost-and-freight (C&F) basis resuming after a three-day absence, as per Reuters. South...
European polyethylene converters have rejected contract prices increases for April announced by PE producers, as per Platts. PE producers announced increases of Eur 20-40/mt, while conver...
India's Oil & Natural Gas Corp has sold 35,000 tons of naphtha to Japanese petrochemical maker Idemitsu Kosan for May 5-6 loading from Mumbai at nearly US$41/ton above Middle East quotes ...
Spot naphtha prices have been steadily edging higher for the past three weeks in Asia and Europe, as per ChemOrbis. Interestingly, spot ethylene prices in both regions have been retreatin...
Japanese refiners have slashed capacity by around 20% to meet government regulations and for individual corporate reasons -- now face the prospect of not having enough supply of some prod...
State-owned Sinochem has got approval from the National Development and Reform Commission for preliminary work for a 1 mln tpa ethylene project in Quanzhou of the southeastern Fujian pro...
Asia's naphtha crack was at a two-session low of US$139.1/ton y because spot deals from South Korea were muted, as per Reuters. Taiwan's CPC was looking to buy 35,000 tons of full-range n...
Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) held a groundbreaking ceremony for its U.S. Gulf Coast (USGC) Petrochemicals Project at the Cedar Bayou plant in Baytown, ...
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