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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
Formosa Plastics, Nan Ya Plastics, and Formosa Chemicals & Fibre - Formosa Petrochemical Corp's three largest shareholders plan to raise up to US$340 miln from the sale of shares in Taiwa...
New York's main contract, West Texas Intermediate for delivery in February, dipped to US$93.9, while Brent North Sea crude for February dipped to US$107 in London. Oil prices have eased a...
Ethylene spot prices in Europe have softened marginally for the first time since December 6 as feedstock naphtha prices fell, sources said, as per Platts. Ethylene was assessed at Eur 100...
Shrouded by concerns over the endless legal wrangle between the State Government and TCG-Principal shareholder of Haldia Petrochem, Indian Oil Corp is mulling scrapping of decision to acq...
In China, ethylene based PVC prices have been following a stable to firmer trend in the midst of soaring spot ethylene and VCM costs in Asia and limited availability. Plus, a lack of plen...
Polyethylene prices in Southeast Asia are following a firm trend on the back of limited supplies and strong feedstock costs, even as demand begins to wind down ahead of the Chinese New Ye...
Poland’s largest chemical holding Grupa Azoty is one of the bidders in the privatization process of Croatian petrochemical firm Petrokemija Kutina, as per Warsaw Business Journal. The Cro...
Appalachian Shale Cracker Enterprise purchased the SABIC Plastic Innovations plant located at Wood County for roughly US$11 mln, as per www.wvgazette.com. The complex, which would be know...
Siluria Technologies, a pioneer in the commercial production of fuels and chemicals made from clean, abundant natural gas, and Braskem, a leading producer of thermoplastic resins in the A...
High density polyethylene (HDPE) imports in Europe increased by 13.5% for the first eleven months of 2013 vs the same time period in 2012 driven by reduced HDPE production in Europe, as p...
DuPont’s polyethylene unit at the DuPont Sabine River Works in Orange experienced an emergency shutdown an hour before midnight on Tuesday. Design of the safety allows the material to be ...
After having peaked to highest levels seen since 2008 in China in early December, domestic homo PP and LDPE prices have been losing ground since, as per ChemOrbis. This is because many Ch...
Indian Oil Corporation (IOC), the sole bidder for picking up a stake in Haldia Petrochemicals Ltd. (HPL), has sought the release of its earnest bid money, indicating withdrawal from the s...
Sinopec Engineering Group has entered into a deal to build a US$3.1 bln plant in northern China to turn coal into petrochemicals, as China seeks to reduce its reliance on petrochemical im...
South Korea’s petrochemical industry is expected to bounce back in 2014 on the back of a pickup in demand from key markets such as China, the Ministry of Trade, Industry and Energy (MTIE)...
A Public hearing on Petroleum, Chemical and Petrochemical Investment Region (PCPIR) is likely to be held by mid-2014 as the PCPIR Special Development Authority readies to complete the exe...
Sasol Ltd’s Chief Executive Officer, David Constable, and the South African Minister of Trade and Industry, Dr Rob Davies, inaugurated Sasol's new ethylene purification unit, known as the...
Production margin for styrene monomer in Asia flipped to negative at the start of the week, as Styrene Monomer prices slipped on weak demand ahead of the Lunar New Year holidays later thi...
Formosa Plastics Corp is considering building a plant using shale gas in the US state of Louisiana with capacity to produce 1.2 mln tpa of ethylene. The investment outlay will depend on r...
The Asia-Pacific market is anticipated to be a leader for polyolefins with respect to demand. The region has the presence of most global leaders in polyolefins manufacturing as per a repo...
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