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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
A rising number of PP buyers have been reporting unsatisfactory demand for their end product applications across the globe, as per ChemOrbis. This has caused trading activities to be at a...
The spread between styrene monomer and its feedstock ethylene in Asia surpassed US$500/mt for the first time Monday to hit a record high of US$504/mt, Platts data showed, with the SM mark...
In Asia, PET prices have edged up over the past week, pushed up by higher upstream costs, as per ChemOrbis. Spot MEG prices in the region climbed around US$25-30/ton on the week due to fi...
Saudi Arabia's National Petrochemical (Petrochem) announced Monday that its affiliate Saudi Polymers has completed maintenance work at polymers plant in Jubail and will restart all units ...
European benzene's premium to naphtha slipped to a 3.5 month low at the end of last week as benzene failed to keep pace with strengthening upstream markets, as per Platts. The spread betw...
Oil on the Nymex rose to US$106.32 a barrel, while Brent crude settled at US$109. Prices have slightly edged up on Monday in thin trade, reversing earlier losses, as the market digested m...
Sasol has announced a series of engineering and technology provider appointments as it continues to advance front-end engineering and design (FEED) of its world class ethane cracker and d...
South Korea-based Tongsuh Petrochemical is planning to shut its No. 2 and No. 4 Acrylonitrile (ACN) plants for maintenance. The two plants located in Ulsan are likely to be shut in Octobe...
Global oil prices spiked by over a dollar at the end of the previous week, pushed in part by a spike in gasoline prices and renewed market optimism about US demand. New York's main contra...
The six prospective bidders, GAIL, Indian Oil and ONGC, Reliance Industries, Cairn India and Jindal Petroleum, who had evinced interest in buying out West Bengal government's stake in Hal...
In Asia, styrene costs recorded significant increases during the past week while players in the region point to tight supplies and firmer upstream costs for crude oil and benzene among th...
US crude settled up US$2.99 at US$106.5 a barrel, posting its biggest daily rise since May and its largest three-week increase since March 2011. Data from USA showed the biggest two-week ...
The global petrochemicals market was valued at US$472.06 bln in 2011 and is expected to reach US$791.05 bl by 2018, growing at a CAGR of 6.7% from 2012 to 2018. In terms of volume, the gl...
Rolta India has won a contract from Sadara Chemical Company to implement a comprehensive engineering system at its Sadara Petrochemical Complex in Jubail Industrial City II, Saudi Arabia....
Valero Energy Corp. plans to become a major player in the production of petrochemicals by building a US$700 mln methanol plant at its St. Charles refinery near New Orleans. Valero will ta...
The Rajasthan Government and Hindustan Petroleum Corporation Limited (HPCL) have signed a joint venture agreement to set up a refinery-cum-petrochemical complex in Barmer district. State ...
Bechtel has been selected by the Qatar Petrochemical – Qatar Petrochemical Company partnership (QP-QAPCO), to provide project management services for construction of the Al Sejeel mega-p...
PE prices witnessed some increases over the past week as sellers took a firmer stance on their prices in response to the rally in crude oil and naphtha markets as per ChemOrbis. One Middl...
Producers of aluminum window systems can make more sustainable products by using insulating profiles made from its EcoPaXX® polyamide 410, a polymer with a bio-based content of 70%. Alumi...
Benchmark crude for August delivery inched up to US$103.5, remaining steady this week after rising by over six dollars last week. Oil rose slightly as markets await news on U.S. crude sup...
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