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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
Eni SpA's chemical subsidiary Versalis has established a 50-50 joint venture with South Korean petrochemical company Lotte Chemical to target the Asian elastomers market. The joint ventur...
Mitsui Chemicals and Prime Polymer, a Mitsui Chemicals subsidiary, announced a 21,000 ton increase in polypropylene production in the United States (Advanced Composites) and a 13,000 ton ...
Brazilian petrochemicals giant Braskem produced about 1.3 mln mt of polyethylene, polypropylene and PVC in Q3-13, down 5% from Q3-12, as per Platts. The main reason for this fall was the ...
In a move that has brought cheers to the plastics industry, Plastindia Foundation President Mr Subhash Kadakia, has announced Pragati Maidan, ITPO, New Delhi, as the venue for Plastindia ...
Czech downstream oil group Unipetrol has agreed to buy partner Royal Dutch Shell's 16.3% stake in Ceska Rafinerska for US$27.2 mln, boosting its stake in the country's only refinery to 67...
Global demand for naphtha will expand faster than for any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the Organization of Petr...
New York's main contract, West Texas Intermediate (WTI) for delivery in December, rose to US$95 amid stronger US crude demand. Brent North Sea crude for December dipped to its lowest sinc...
A new ethylene-absorbing patch could help extend the shelf-life of packaged fruit and vegetables – and help producers gain access to markets further. Innovative food packaging development...
SaaBre's breakthrough is a process for the conversion of synthesis gas (carbon monoxide and hydrogen derived from hydrocarbons such as natural gas) directly to acetic acid in a proprietar...
State-owned Bangladesh Petroleum Corporation has decided to award its sell tender for 170,000 barrels of heavy naphtha to Unipec Singapore, as it offered a better price than Vitol Asia in...
Saudi Kayan has dropped plans to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail, as per Al Khobar. In 2012, Kayan and Petrokemya, both affiliates of Saudi Ba...
Indian Oil Corp has announced the following polymer price revisions in domestic market, with effect from November 7, 2013: Rs 1 per kg for following grades of HDPE: Injection Molding –...
Solvay and INEOS take note of the European Commission`s decision to continue its evaluation of their proposed 50/50 Joint Venture in European chlorvinyls activities. This follows the orig...
The petrochemicals arm of Malaysia's state oil firm Petronas will sell its stake in Vietnam's Phu My Plastics and Chemical Company Ltd (PMPC) to Japan's Asahi Glass Co Ltd and Mitsubishi ...
Showa Denko and KH Neochem Co., Ltd. have agreed to dissolve their joint venture, Japan Ethyl Acetate Co., Ltd. (JEA). JEA was established in August 2003 for the purpose of strengthening ...
Russia's Sibur and Gazprom have signed a joint venture agreement on the construction of a gas processing plant and petrochemical complex in Belogorsk, in the Amur region in Russia's Far E...
Chandra Asri Petrochemical (TPIA), Indonesia’s largest petrochemical company, plans to start revamp of its naphtha cracker plant in Cilegon, Banten, in January 2014, to help boost its pro...
Naphtha margin in Asia rose for a fourth straight session to hit a fresh eight-month high of US$145.13/ton on Monday due to anticipation of strong demand and low Indian supplies, as per R...
Russian petrochemical company SamaraNefteOrgSintez (Sanors) has shown interest in Thai PTT's mega refining and petrochemical project in Vietnam's Binh Dinh province, as per Platts. As per...
New York's main contract West Texas Intermediate (WTI) for December delivery rose to US$93.7 a barrel, while Brent North Sea crude for December settled at US$105.7, Despite the rise, oil ...
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