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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
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...
Lenders of Haldia Petrochemicals Ltd (HPL) are mulling release of Rs 400 crore after West Bengal Industrial Development Corporation (WBIDC) gave an in-principle approval to extend a term ...
West Bengal government, which holds nearly 40 per cent stake in Haldia Petrochemicals Ltd through WBIDC, has agreed to provide Rs 100 crore to the company as demanded by the lenders, with...
Saudi Basic Industries Corporation (SABIC) has further demonstrated its national growth commitment by opening its first engineering thermoplastics compounding facility as well as a new po...
West Bengal chief minister Mamata Banerjee is to remove her government’s own nominee Sumantra Choudhury, a retired Indian Administrative Service officer, as the managing director (MD) of ...
The Indian government raised customs duties on all polymer imports from 5% to 7.5% effective as of May 8, 2013, as per ChemOrbis. Buyers are expressing concerns about how the increase in...
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