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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
ORPIC, a subsidiary of OMAN Oil Company, has chosen the first Society of Plastics Engineers (SPE) conference to be held in the Middle East to announce a US$3.6 bln investment in an integr...
South Asia’s largest PET Bottle & Preform Manufacturer Manjushree Technopack Ltd, has registered a growth of 17% in its consolidated revenue for the year ended March 31, 2013 at Rs. 36,12...
Spot ethylene prices gained ground in Europe and Asia this week, as per ChemOrbis. These increases were supported by production activities rather than developments in energy markets as Ju...
Orpic — the Sultanate’s refining and petrochemicals flagship — will invest around US$3.6 bln in the development of a massive petrochemicals scheme that will form the cornerstone of an amb...
The Dow Chemical Company announced it plans to deploy part of its recent payment from the Petrochemical Industries Company of Kuwait (PIC) to reduce up to US$2 billion in debt in 2013. In...
S-Oil Corp. sold about 30,000 metric tons of naphtha for June loading from Onsan, South Korea, according to two traders as per Bloomberg. The cargo was sold to Itochu at a premium of at l...
Benchmark oil for June delivery rose by over 80 cents, to US$96.8 on the Nymex, as the US stock markets reversed early losses along with a falling dollar. The euro rose to 1.2865 from US$...
In Egypt, players in the polymer markets report seeing an improvement in their businesses as limited locally held supplies coupled with approaching Ramadan have started to revive some buy...
Plastics find major applications in electrical components and interior and exterior furnishings of automobiles. The majority of the application market for automotive plastics is under the...
US demand for specialty films is expected to grow 5.1% pa to US$8 bln in 2017. Expansion of the market will be fostered by the increasing need for high-performance plastic films that offe...
Chemicals manufacturer Croda International has completed the acquisition of the Specialty Products business of Arizona Chemical. Under the terms of the transaction, no manufacturing asset...
Light, sweet crude for July delivery dropped to US$94.1 on the Nymex, while Brent for July delivery went rose to US$102.6. Oil prices saw a slight fall on concerns that the U.S. Federal R...
The value of petrochemical products produced in Taiwan fell to NT$457.8 bln (US$15.28 bln) in January-March 2013, showing a decline of 8.1% year-on-year compared to production worth NT$ 4...
Indian Oil Corp has announced revision in domestic Polymer Prices with effect from May 25, 2013 HDPE: Increase of Rs 500/MT LLDPE : Increase of Rs 1000/MT PP : Rollover LBM: Rollov...
Malaysia's Petroliam Nasional Bhd. has deferred for another three quarters a decision to proceed with what the government describes as one of the country's most important oil-and-gas proj...
Total has approved a 1 billion euro modernization project for its Antwerp production facilities, Total’s largest European refining and petrochemical platform. Two major projects will be i...
The price spread between Asian styrene monomer and petrochemical feedstock naphtha peaked to an eight-year high of US$819.90/mt on Wednesday, on short covering amid low spot inventory in ...
Lotte Chemical Corp held the completion ceremony of its polypropylene catalyst plant built in collaboration with Japan's Mitsubishi Chemical Corp, as per Yonhap. The plant built in Yeosu ...
Reliance Industries has announced polymer price revision with effect from 23rd May 2013, as follows: Increase in prices of all LLDPE grades by Rs 1000/MT except High Flow grades (M2650...
To capitalize on the shale gas revolution in the United States, the BASF Total Petrochemicals joint venture (40% Total, 60% BASF) revamped the Port Arthur steam cracker in Texas to proces...
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