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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
Brazil's state-controlled energy giant Petrobras plans to begin production of polyethylene terephthalate (PET) resin and polyester fibers at its Petroquímica Suape complex in northeastern...
Malaysia-based Lotte Chemical Titan has fully restored operations at its 720,000 tpa naphtha cracking complex in Pasir Gudang following an outage in early August, as per Reuters. A 440,00...
A wide price spread between naphtha and cheaper propane is making propane an attractive petrochemicals feedstock in Northwest Europe, as per Platts. When heating demand is low during the ...
In US trade, the New York benchmark WTI crude for October delivery rose by over a dollar to US$105 a barrel, while in London, Brent crude for October inched up to US$109.9 a barrel. Oil p...
Clariant has signed long-term cooperation agreements with CB&I’s Lummus Novolen Technology business to develop improved polypropylene catalyst and donor technologies. The two companie...
Innovia Films, a division of Innovia Group, announced a £20 million investment package for the installation of additional Biaxially Oriented Polypropylene (BOPP) film capacity and a ‘stat...
Industry Minister has pledged government help for investors in order to realize plans to build a massive petrochemical complex in West Papua. The Minister met with senior managers of Germ...
Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling -- has won an order to supply Alfa Laval Packinox heat exchangers to a petrochemical plant in India....
Widespread talk about a new round of PE hike attempts arose among buyers and traders in Turkey this week. Many players reported that a major Saudi Arabian producer is set to issue increas...
The Chinese petrochemicals sector is seeing slightly more robust growth, particularly in olefins, but this is insufficient to absorb ongoing increases in capacities. Combined with feedsto...
Oil saw its first gain this week, boosted by a rebound in manufacturing in China and Europe. Oil on the Nymex rose for October delivery to US$104.31 a barrel. Oil fell US$3.61 a barrel, o...
In Europe, polyethylene producers are targeting higher prices in September amid increases in feedstock naphtha and improved economic data, sources said this week in Platts. Naphtha was as...
Polymer players in Indonesia have been complaining about the fall in the local currency, the rupiah, this week, that has disrupted trade. Sellers commented that buyers are more concerned ...
The United Jubail Petrochemical Company (UNITED), a manufacturing affiliate of the Saudi Basic Industries Corporation (SABIC), has awarded the engineering, procurement and construction co...
Sinopec Wuhan Co. announced earlier this month that its 800,000 tpa ethylene project had produced its first batch of “qualified products,” marking the plant’s successful commissioning and...
Dow Chemical has shut the No. 7 light hydrocarbon cracking unit at its Freeport, Texas, complex, a as per sources in Platts. In a Tuesday emissions report filed with the Texas Commission ...
The West Bengal government will select the final bidder for stake sale in Haldia Petrochemicals Ltd (HPL) by September 30. HPL chairman and Industries minister Partha Chatterjee said the ...
Oil on the Nymex dipped to US$104.5 per barrel for October delivery, falling another day. On Tuesday, September delivery tanked by US$2.14, the sharpest decline in two months, to US$104.9...
In China, domestic PP and PE prices have been recording consecutive increases for about eight weeks since late June. Domestic PP prices started to show some signs of stabilization this we...
The premium of front-month naphtha CFR Japan cargo to CIF Northwest Europe cargoes -- the east/west -- has fallen to US$11/mt, down by US$13/mt over the last six weeks, putting pressure o...
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