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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
Qatar Petrochemical Company (Qapco) has announced plans to build a new plant at Mesaieed Industrial City at a cost of QR1.2 bln (US$330 mln) to produce 400,000 tpa of ethylene by 2016. W...
The global ethylene market is forecast to increase slightly in the coming years, climbing from US$131.88 bln in 2012 to US$177.83 bln by 2017, at a Compound Annual Growth Rate (CAGR) of 6...
American PVC prices retained their strength in global markets including China, Turkey and Egypt last week, as per ChemOrbis. Strong ethylene and VCM feedstock costs in the US drove PVC pr...
U.S. prices for polyvinyl chloride (PVC), the plastic most widely used in construction, are set to rise by five cents per pound in the first two months of 2014. This is a significant pric...
Japan's ethylene production in November edged up 3.4% from October to 598,700 mt, and jumped 10.8% year on year, the Ministry of Economy, Trade and Industry has been reported by Platts. J...
Total Petrochemicals UK is using specialist decommissioning, and demolition consultancy RVA Group to oversee and co-ordinate the dismantling of its polystyrene manufacturing site close to...
South Korea's Kumho Petrochemical has raised the operating rate of its 250,000 tpa acrylonitrile butadiene styrene (ABS) plant at Ulsan to 90% this week, up from 80% the week before and 7...
Chandra Asri Petrochemical, Indonesia’s largest listed petrochemical company, has secured funding to boost its production at its naptha cracker by more than 40% from 600,000 kilotons to ...
A Division Bench of the Supreme Court has permitted The Chatterjee Group (TCG) to move the ICC International Court of Arbitration (ICA) in Paris to settle a dispute over the ownership of ...
Players in China are now questioning whether stabilization is possible in China’s local PP market as some sellers have stepped back from their initial hike targets after locally held PP p...
Entergy Gulf States Louisiana, L.L.C. signed a six-year commercial and contractual agreement with Sasol North America, Inc., a wholly-owned subsidiary of Sasol Limited, to supply up to 20...
News of weaker German industrial output has pulled down Brent North Sea crude for January by over two dollars to US$109.3 a barrel in London trade, while oil on the Nymex slipped to US$97...
Pertamina and PTT Global Chemical (PTTGC) have inked a heads-of agreement on a manufacturing joint venture with a view to pursuing a final investment decision on a world-scale petrochemic...
The global PET markets is expected to see new capacities as of the fourth quarter of 2013 as per ChemOrbis. These capacities include new plants, for which the start-up dates were delayed ...
Royal DSM, the global Life Sciences and Materials Sciences company, continues to deliver on its commitment to reduce the carbon footprint of its operations. Following a dramatic reduction...
A patented single-screw, single-barrel equipment package from Nordson XALOY provides the cost-savings and versatility of two-component molding while requiring substantially less investmen...
Brent crude rose to US$111.8 a barrel on the ICE Futures exchange in London. Benchmark U.S. crude for January delivery inched up to US$97.3 on the Nymex, amid stronger economic growth and...
Slovak oil refiner Slovnaft, a unit of Hungary's MOL has agreed a 200 million -euro credit from a syndicate of eight banks, as per Reuters. The loan, for general corporate purposes, was c...
The plan by Taiwan's Kuokuang Petrochemical Technology Co. to abandon the refining and petrochem complex at Johor in Malaysia could result in a losses to Malaysia. Almost 40 bln ringgits ...
Spot naphtha prices were driven higher in both Asia and Europe over the week, as per ChemOrbis. Naphtha prices have been on a steady firming trend for the last couple of months. Rising pr...
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