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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
New York's main contract, West Texas Intermediate (WTI) for delivery in January, rose to US$97.7 -- the highest point since late October. Oil prices were boosted by an unexpectedly sharp ...
The RM40 billion Pengerang Refinery and Petrochemical plant has in Johor has been shelved. CPC unit Kuokuang Petrochemical Technology Company’s move to scrap the project was because it wa...
Europe's petrochemical industry will start to feel the heat of competition from counterparts in USA .S. as they emerge with cheap feedstock from the shale gas boom, akin to what happened ...
JG Summit Petrochemical Corp, a unit of JG Summit Holdings Inc, is looking to import its first naphtha cargo in preparation for the start-up of its 300,000-350,000 tpa ethylene naphtha cr...
CB&I has been awarded a contract valued at approximately US$1 bln by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corporation (OxyChem), a subsidiary of Occidental ...
Saudi International Petrochemical Co. (SIPCHEM) expects to sign a share-swap merger agreement with Sahara (SPC) Petrochemicals Co. in the first half of next year, seeking to create a comp...
China’s Xianglu Petrochemicals Co. Ltd. has planned the test run of its second purified terephthalic acid (PTA) plant in the end of December 2013. “Currently, the plant is under the final...
ADEKA Corporation has decided to expand capacity of one-pack additive blends for polyolefin at the ADEKA Al Ghurair Additives LLC site located in Abu Dhabi. Production capacity will be in...
US benchmark WTI for January delivery spiked by over a dollar to US$97.2 on the Nymex. The spike follows an unexpected fall in US crude inventories. Department of Energy report showed US ...
Bangladesh Petroleum Corporation (BPC) will supply 120,000 barrels of naphtha domestically to privately owned Super Petrochemical Ltd after selling 80,000 barrels over the last two months...
In Asia, spot ethylene and styrene prices gained some ground on the week despite a weaker energy complex, as per ChemOrbis. Crude oil futures on the Nymex remained below the US$95/barrel ...
European steam cracker contract margins have fallen this week despite the increase in December contract prices for ethylene and propylene, on the back of strong cracker feedstocks, as per...
Players in Southeast Asia have started to report higher local PP and PE prices for December, as per ChemOrbis. Although demand is not considered very promising, regional producers are see...
Ineos is building a new furnace at its petrochemical plant in Rafnes, Norway as it expands capacity to use ethane made from U.S. shale gas it will store in a tank under construction at th...
Poland's state-controlled companies Grupa Lotos SA and Grupa Azoty SA plan to build a 12 billion zloty (US$3.9 bln) petrochemical plant as part of the government's plan to strengthen nati...
Ineos has selected the location for a new ethane tank it plans to build at Grangemouth in Scotland. The site is set to be the first chemical plant in the country to receive shale gas from...
Negotiations for December Asian Contract Price for paraxylene ended Tuesday with two partial settlements reached between ExxonMobil and China's Yisheng Petrochemical as well as BP, source...
India has lifted an anti-dumping duty imposed on polypropylene from Oman, especially Oman Polypropylene. An anti-dumping duty of 6.5% was levied on polypropylene originating from Oman o...
India's Hindustan Petroleum Corp Ltd (HPCL) has resumed naphtha exports from Mumbai after missing exports for over two months, Thomson Reuters data showed. The state-owned refiner has sol...
Boosted by persistent strong demand, naphtha margins in Asia rose for a third consecutive session to reach an almost two-week high of US$152/ton. Lotte Chemical Titan has bought 67,500...
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