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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
UOP LLC, a Honeywell company, announced that two Chinese petrochemical producers have selected UOP process technology to help meet growing demand for high-value petrochemicals in China. S...
Third Point, the hedge fund led by billionaire Daniel Loeb, took a stake in Dow Chemical Co. (DOW) and called for a spinoff of its petrochemicals business to improve profitability. Dow sh...
INEOS Technologies has licensed its Innovene PP process for the manufacture of homopolymers, random copolymers and impact copolymers to Vung Ro Petroleum at its refinery complex located i...
Brazil has imposed anti-dumping duties on imports of polypropylene from South Africa, South Korea and India, in its latest bid to protect local monopoly producer Braskem, which is struggl...
The spread between benzene and feedstock naphtha in Asia widened to an eight-month high of US$442.63/mt on Friday, as soaring benzene prices in the US has opened up arbitrage opportunitie...
Polymer markets in Germany and Belgium have witnessed increases this month supported by firm feedstock costs, as per ChemOrbis. Strong gains were reported for PP and PE whereas most PVC b...
Sanction-relief measures will allow EU-based companies to buy, import, insure and transport petrochemicals from Iran- all prohibited since 2012. The European Union Monday is set to tempor...
PET prices in the Southeast Asian market have seen downward pressure from upstream costs and weaker demand, which in part, stems from the Chinese New Year holiday scheduled to start at th...
Clariant, a world leader in specialty chemicals, is providing the all-important fire protection element in the development of commercially viable, flame retarded thermoplastic composites ...
Union minister for petroleum and natural gas and forest and environment M Veerappa Moily plans to hold a road show in Mumbai to attract investors for the ONGC-MRPL Petrochemical Complex p...
TPPI is seeking to import about 1 mln barrels a month of condensate starting in June, as per Bloomberg News.The company is seeking sweet condensates (have a lower sulfur content than sour...
China's top securities regulator -China Securities Regulatory Commission, has approved trade of polypropylene (PP) futures contracts at the Dalian Commodity Exchange (DCE), as per Xinhua....
Solvay SA has bid to acquire for US$32.6 mln; Plextronics Inc., a printed electronics maker that filed for Chapter 11 protection from creditors on Jan. 16, as per Plasticsnews.com. Brusse...
Industries Qatar plans several lengthy shutdowns of its petrochemical and steel product plants in Q1-2014, as per Reuters. Shutown of 200 days is being planned at the Qatari plants in the...
The Special Development Authority (SDA) of the Visakhapatnam-Kakinada Petroleum, Chemical, Petrochemicals Investment Region (VK-PCPIR) is busy gearing up to make the necessary arrangeme...
NOVA Chemicals Corporation has announced utilization of first barrels of ethane sourced from the Marcellus Shale Basin at its Corunna, Ontario cracker. NOVA started consumption of the new...
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...
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