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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
In a move that may resolve the long dispute over Haldia Petrochemicals Ltd (HPL), the West Bengal government, plans to offer the post of chairman to The Chatterjee Group (TCG) chief Purne...
Saudi Arabia plans to build a plant able to turn crude directly into chemicals, without first having to refine the oil, in conjunction with Saudi Basic Industries Corp. (SABIC). Developme...
Karpetneftekhim, Ukraine’s only PVC and polyethylene producer, has suspended production at its site in Kalush amid the current political unrest. The loss making petrochemical company, par...
South Korea's S-Oil Corp will invest 8 trillion won ($7.49 billion) to build heavy oil upgrading and petrochemical production units. 5 trillion won will be spent through 2017 to build hea...
Turkey’s main import suppliers saw some changes for homo PP and HDPE in 2013 when compared to the previous years, according to ChemOrbis Import Statistics. Major suppliers in these two ma...
Petroliam Nasional Bhd (Petronas) will make a final investment decision on the Refinery and Petrochemicals Integrated Development (Rapid) project in Johor by end of this month, even thoug...
More domestic PP and PE prices for March were announced with decreases in Malaysia and Indonesia after initial prices emerged lower last week, as per ChemOrbis. Softer import prices and t...
In China, PS prices saw their lowest levels of the past year, both in the local and import markets, as per ChemOrbis. Lower upstream costs and weaker buying interest were amongst the main...
The spread between styrene monomer and one of its feedstocks, ethylene, in Asia narrowed to its lowest level in almost three years Thursday, at US$59/mt, amid increasing inventories of SM...
Polypropylene demand in India grew from 1535000 tpa in 2006 to 3072000 tpa in 2012, at a CAGR of 12.3%. As per Indian Petro Group, production capacity more than doubled during this period...
Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middl...
Indian Oil Corporation (IOC), which had made a bid to buy out West Bengal government's stake in ailing Haldia Petrochemicals Limited (HPL), plans to wait till March 31st before taking a c...
New York’s main contract, West Texas Intermediate (WTI) for April delivery, rose by over a dollar to US$103.7 in mid-morning trade, and Brent North Sea crude for April spiked to US$110....
Argentine polymer and synthetic rubber output rose 4.3% in January compared with the year-earlier period, state statistics office Indec has been reported by Platts. Production of these pe...
Asahi Kasei will close several domestic petrochemicals plants, and has agreed to share a naphtha cracker with Mitsubishi Chemical in light of difficult market conditions. Closures have be...
The current worth of the global polypropylene foams market (2012) is US$1019.9 mln and is estimated to reach US$1902.5 mln by 2018, growing at a CAGR of 11.4% from 2013 to 2018. The high ...
The global polypropylene market was valued at US$77.46 bln in 2012 and is expected to reach US$124.01 bln by 2019, growing at a CAGR of 6.3% from 2013 to 2019, as per Transparency Market ...
The market of performance plastics in the European automotive market, earned revenues of US$4.22 bln in 2013 and is estimated to reach US$7.26 bln in 2019, as per Frost & Sullivan. The ro...
French oil giant Total is exploring the option of building a "world-scale" petrochemical complex in Iraq as part of its strategy to develop its activities in the Middle East's growth mark...
Among the factors that will significantly impact the growth of PE film usage as well as the level of global trade in finished film will be shale gas development in USA, as per Applied Mar...
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