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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
Asian manufacturers of consumer products now have access to a range of thermoplastic elastomer (TPE) compounds whose unmatched versatility make it possible to enhance the appearance, util...
Government-owned MSTC has lodged a complaint of cheating against Haldia Petrochemicals management. MSTC has alleged that the company was not clearing dues of over Rs 500 crore for importi...
Latin America's largest petrochemical company- Braskem SA, reached a deal to buy plastic maker Solvay Indupa, largely by taking on debts of the Argentine-Brazilian unit of Belgium's Solva...
The board of Haldia Petrochemicals may discuss raising funds through a Rs 1,300 crore rights issue at its meeting. Each share in the proposed issue will be priced at Rs 25.10 apiece, matc...
Leading South Korean maker of textiles and heavy machinery -- Hyosung Corp., plans to invest US$$266 mln to build a propylene plant in Ulsan by May 2015, as per Yonhap. The plan was launc...
Spot ethylene and propylene prices posted increases in Asia this week, as per ChemOrbis. Tight supply in the region has been cited as the main reason behind the rising prices, while spot ...
Clariant, a world leader in specialty chemicals is to acquire Plastichemix Industries, a masterbatch business in India, located in Vadodara with production facilities in Rania, Kalol and ...
New York's main contract, West Texas Intermediate (WTI) for January delivery, dipped to US$97.3 while Brent North Sea crude for February eased to US$109.2. Oil prices dipped on growing ex...
A four-day old dispute between French energy company Total and one of France's biggest unions, CGT, could choke European supply of styrene and mixed xylenes, according to Platts data. Wo...
Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) have signed the Front-End Engineering and Design (FEED) for the Al Sejeel Petrochemical Complex, to be built in Ras Laffan Ind...
PolyOne Corporation has begun production in a new facility in Istanbul, Turkey. The operations feature enhanced capabilities to better serve customers with an expanding portfolio of speci...
Turkish PVC consumers are panic-buying over increased import duties likely to hit the market from 2014, said Cemal Pamuk, president of Turkish trading company Nepa Chemicals, as per Plat...
The Philippines' JG Summit Petrochemical Corp, a unit of JG Summit Holdings Inc, has bought its first naphtha cargo from the spot market at about US$14/ton above Japan quotes on a cost-an...
In China and Southeast Asia, import PS prices were driven higher over the past week as sellers lifted their prices, blaming the cost pressure created by firmer spot styrene prices in Asia...
Brent North Sea crude for delivery in January retreated to US$108.2, while oil on the Nymex dipped to US$97.1. Oil prices have retreated on concerns of a global oversupply in crude. Addit...
Haldia Petrochemicals is likely to opt for a temporary shutdown from the fourth week of this month following severe working capital crisis that is resulting in a shortage of naphtha and l...
Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has won an order to supply Alfa Laval OLMI heat exchangers to a petrochemical plant in the US. The ...
Advanced Polymer Trading has announced its new initiative to promote the different uses of UV stabilizers and absorbers across a variety of applications including agricultural film, BCF y...
Kumho Petrochemical plans to speed up production of carbon nanotubes (CNTs) after the completion of a plant inside the company’s factory for electronic materials in Asan. It has been 4 ye...
The State Oil Company of Azerbaijan (SOCAR) has appointed Fugro to conduct topographic surveys of areas designated for construction of new oil-gas & petrochemical complex SOCAR OGPC, as p...
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