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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
Lotte Chemicals has purchased two naphtha cargoes for H1-August delivery to South Korea. The Seoul-based company bought a total of 50,000 metric tons at a premium of US$2/ton to benchmark...
Oil on the Nymex inched up to US$97.1, while Brent North Sea crude for August gained to US$103, gaining strength from the fact that US Federal Reserve will not shut down its US$85 billion...
PE players in Italy and Egypt report tight LDPE film availability, which helped push up prices as per ChemOrbis. Offer levels for this product saw increases during the month of June when ...
Crude oil for August delivery on the Nymex settled at US$95.5 a barrel, after briefly trading below US$94 following the supplies report from the U.S. Energy Information Administration. Th...
Successful qualification of PEEK 90HMF40 polymer with Airbus has been secured by leading manufacturer of PEEK polymer solutions Victrex. The cooperation along the entire supply chain, fro...
North American polypropylene supplies will be further tightened after Pinnacle Polymers declared force majeure on PP production at its plant in Garyville, La., as reported by Plastics New...
Thin wall packaging can be used in a wide range of applications. The ambient long-life food sector positioning is challenged with consumer concerns about quality in comparison with the ch...
China will see a new round of PP and PE capacities coming online in the very near term, report players in the country, as per ChemOrbis. By the end of the summer, a total capacity of 850,...
Abu Dhabi National Oil Co (ADNOC) has cut the price on offers for three of its naphtha grades in a one-year contract starting in August to around US$29.50 to US$31/ton to its own price fo...
Sluggish trading has kept oil prices flat as stronger equity markets put a floor under prices. Front-month U.S. crude oil futures inched up to settle at US$95.3 per barrel, while Brent cr...
To give an impetus to the plastic sector, the Centre will set up six ‘plastic parks’ during the 12th Plan period. “In 12th Five-Year Plan, plastic parks will come up in Punjab, Haryana, R...
The global polyethylene industry experienced strong growth over the last five years and is expected to continue advancing as it reaches approximately US$148.1 bln in 2017 with a CAGR of 3...
SGL Group – The Carbon Company – and Samsung established a strategic partnership for carbon fiber composite materials with the foundation of a Marketing & Sales joint venture. The joint v...
Borealis has announced a major upgrading project at its production site in Porvoo, Finland. An investment of EUR 65 million will serve to upgrade the Borstar PE2 plant technology to the t...
William Partners LP has identified the origin of a blast on June 13 that killed two workers at its Geismar, La., olefins plant. The explosion originated in the area of the propylene fract...
Organization Of Plastics Processors Of India (OPPI) will partner Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) in the development of Plastic City in Panipat...
A downtrend in crude oil and naphtha prices have made polyethylene (PE) and polypropylene (PP) buyers in Europe hopeful of relief in the form of stable or even lower prices in July, as pe...
Record flooding in Canada's main oil producing province-Alberta has threatened exports to the United States. This has propped up Brent and U.S. crude prices. Major Canadian pipelines that...
Qatar will use a mix feed of ethane and natural gas liquids as feedstock for two upcoming petrochemical projects. The NGLs will come from the second phase of Ras Laffan refinery 2 (LR2), ...
Technip was awarded by Forest BtL Oy a contract, worth approximately €5 million, for the front-end engineering and design (FEED) of a new second generation biomass-to-liquid (BTL) plant t...
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