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Stronger energy costs prompt firmer stance from Polyethylene sellers in China

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...

12-Jul-13

Insulating profiles for aluminum window systems

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...

11-Jul-13

Oil markets pause

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...

11-Jul-13

Michelman acquires German manufacturer of water-based polymers

Michelman has acquired German Ecronova Polymer GmbH, a manufacturer of water-based polymers used in the production of paints and lacquers. The purchase includes all assets, technology a...

11-Jul-13

Sunpower wins contract from BaoTa olefins project

Sunpower has secured a RMB253.5 million Engineering Procurement and Construction (EPC) contract between its wholly-owned subsidiary, Jiangsu Sunpower Technology Co., Ltd. (Sunpower Techno...

11-Jul-13

American PVC prices soften slightly in Mediterranean

The Chemorbis Calculated Export Prices for PVC from the United States show slight softening over the past week following a steadily rising trend in previous weeks. The Export Prices from ...

11-Jul-13

Developments in Halogen free flame retardants and light stabilizers

Halogen free flame retardants (HFFR) under the trademark EXFLARTM and light stabilizers under the trademark EXHALSTM have been developed by Excel Industries. With an R&D strength of mor...

11-Jul-13

Oil prices dip, but concerns abound about disruption in supplies through Suez Canal and Sumed Pipeline

New York's main contract dipped to US$103, while Brent North Sea crude for August was down at US$107.1. Though prices have dipped, concerns abound in the market due to fears regarding a d...

10-Jul-13

Polymer-based organic solar cells developed in UAE

Researchers have fabricated the very first bulk-hetero-junction solar cell in the UAE, marking another technological breakthrough for the country in clean energy. Ms. Mejd Alsari, a UAE n...

10-Jul-13

North Sea propane/naphtha price spread narrows on lack of offers

The CIF price spread between naphtha and less expensive North Sea propane has narrowed on a lack of offers, according to industry sources, as per Platts. Over the summer, the petrochemica...

10-Jul-13

Global petrochemical prices see 3% rise in June, the first increase in four months

Prices in the US$3 trillion-plus global petrochemicals market climbed 3% to US$1312/metric ton (/mt) in June, the first increase since February of this year, according to the just-release...

10-Jul-13

US styrene-benzene spread hikes to highest level since November 2008

The US styrene-to-benzene spread has widened by US$34.66/mt since June 24, growing to its highest level in over 4 1/2 years at US$424.56/mt Monday, according to Platts data. The styrene-b...

10-Jul-13

Control of the North American oriented films industry moves East

There was a time when North American owned film producers led the world in terms of production capacity and product development in bi-oriented films but today the industry is now largely ...

10-Jul-13

Firmer crude supports higher ethylene prices

Spot ethylene prices moved higher across major global markets supported by firmer energy costs. Crude on the Nymex spiked around US$7/barrel over the past week to reach a 14 month high du...

09-Jul-13

Punjab to create plastics park for polypropylene-based downstream industries, especially in the SME sector

With a new industrial policy in place and an aggressive government plan to create a land bank for industry, Punjab will soon have a plastics park for polypropylene-based downstream indust...

09-Jul-13

Shanxi Coking to license Dow’s UNIPOL Polypropylene Process Technology

Shanxi Coking Co. Ltd., has signed a license agreement for UNIPOL™ Polypropylene Process Technology with Union Carbide Chemicals & Plastics Technology LLC, a wholly owned Subsidiary of Th...

09-Jul-13

India expresses interest in building refineries, petrochemical plants in Iraq

India has evinced interest in building refineries and petrochemical plants in Iraq and is keen to source liquefied natural gas (LNG). Union Minister for Petroleum and Natural Gas M. Veera...

09-Jul-13

Formosa lifts force majeure on high molecular weight film PE, polypropylene

Formosa Plastics USA has lifted force majeure declarations on its output of high molecular weight film polyethylene and polypropylene, as per a company spokesman as reported by Platts. Th...

09-Jul-13

Positive jobs data from USA props up crude oil prices

Jobs data from the US surpassed expectations, boosting confidence in the world’s biggest economy. As a result oil prices inched up. However, a stronger dollar and concerns that the US cen...

09-Jul-13

Fluoropolymer market to be worth US$9446 mln by 2016 at a CAGR of 6.5%

The market for fluoropolymers is being driven by the expansion of existing application markets and emergence of new markets, as per MarketsandMarkets. Automotive and transportation indu...

09-Jul-13