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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
Braskem SA is to invest US$23.1 mln to expand its production capacity of linear low density polyethylene (LLDPE) by 120,000 tpa in Brazil, as per Plasticsnews. Of that amount, 100,000 t...
India's Mangalore Refinery and Petrochemicals Ltd has sold a December naphtha cargo to Marubeni Corp at about US$26/ton above Middle East quotes on a free-on-board (FOB) basis, higher ver...
The Asia price spread between paraxylene and feedstock naphtha narrowed by US$16.12/mt day on day to US$485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply...
Eastman Chemical Company, in conjunction with Johnson Matthey Davy Technologies Limited (JM Davy), has developed advanced proprietary technology for the production of ethylene glycol from...
Spot naphtha prices are tracking a mostly stable trend both in Europe and Asia this week and they are suggesting increases compared to early October levels despite the recent softening in...
Braskem plans to establish its new ABS joint venture with Styrolution at its petrochemical complex in Camaçari, northeastern Brazil. The proposed plant, with capacity for 100,000 tpa, wou...
CPC Corporation has shut its 385,000 tpa No. 4 naphtha cracker located in Linyuan, Taiwan, for a three month maintenance turnaround, as per Fibre2fashion. CPC Corp has also shut its No....
New York's main contract, West Texas Intermediate for delivery in November, inched up to US$100.9, while Brent North Sea crude for December rose to US$110. Prices have nudged higher as th...
In a move that is likely to turn Russia from an importer to exporter of PP, Tobolsk-Polymer, a subsidiary of Russian petrochemical company Sibur, has started up its 500,000 tpa polypropyl...
Players were away from the market in Turkey and in Egypt during the whole of last week on account of Eid holidays. In the Turkish PP market prior to the holiday, buyers were sidelined d...
Brazilian petrochemical company Braskem plans to invest about 50 mln reais (US$23 mln) in increasing its production capacity of linear low-density polyethylene (LLDPE) by 120,000 tpa. Of ...
Haldia Petrochemicals Ltd. (HPL)’s losses in the first-half of the current fiscal are estimated at Rs.400 crore. The figures are yet to be audited and may rise, sources say. HPL has been ...
Naphtha margins over Brent crude futures jumped nearly 9% mid week last week, on anticipated supply cuts ahead of refinery maintenance in India and fewer shipments from Europe, as per sou...
South Korea’s Yeochun Naphtha Cracking Center (YNCC) isplanning a maintenance shutdown at its Yeosu-based No.3 aromatics unit next year. “The No.3 aromatics unit is planned to be shut for...
Dow Elastomers, a business unit of The Dow Chemical Company, will begin the production of AFFINITY™ GA Polyolefin Elastomers (POEs) for hot melt adhesives in Tarragona, Spain. This is a m...
Nova will open a major new polyethylene production line in Joffre, Alberta by the end of 2015. The new line will be partially supplied with ethane feedstock imported from North Dakota. “W...
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, has announced to expand operations in India. PolyOne has begun construction on a n...
The current worth of the global polymer foams market (2012) is US$82.6 biln and is estimated to reach US$131.1 biln by 2018, growing at a CAGR of 7.7% from 2013 to 2018. The high demand a...
The Saudi Acrylic Polymer Company (SAPCO), a joint venture between Evonik Industries and Saudi Acrylic Acid Company (SAAC), has signed the mechanical completion certificate for the supera...
Polystyrene maker Supreme Petrochem’s Q2 profit soars 4 times to Rs 26.5 cr Net sales increased 28 percent to Rs 783.6 crore in September quarter from Rs 613.7 crore in a year ago period,...
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