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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
National Iranian Petrochemical Organization (NIPO) says Turkey and Egypt have agreed with Iran's proposal to form an international petrochemical association similar to the Organization of...
Kuwait's cabinet suspended on Thursday several senior oil executives over a $2.2 billion penalty paid to Dow Chemical for scrapping a joint venture and ordered a judicial investigation in...
Oil & Natural Gas Corp (ONGC) sold a 35,000 ton cargo, scheduled for June 4-5 loading from Mumba to oil major Shell at about US$25/ton to Middle East quotes on a free-on-board (FOB) basis...
In Asia, olefin markets gained ground week over week amidst a steady to firmer upstream chain when compared to the beginning of May, as per Chemorbis. Increased buying interest drove olef...
Players in China’s and Turkey’s PS markets report higher import prices although many continue to highlight that overall buying interest remains disappointing, as per ChemOrbis. These incr...
Public sector oil major ONGC is considering co operation with IndianOil for acquiring West Bengal Government’s 40% stake in Haldia Petrochemicals Ltd, according to sources. IOC holds a mi...
Naphtha price in Asia rose at the end of last week to reach a three-session high of US$867.7/ton with its margin edging up to a two-session high of US$88.8/ton as a refinery outage in Ind...
Crude oil for June delivery fell to US$95.8 in electronic trade during Asian hours. At the end of the previous week, oil rose by over 8- cents to end at US$96 a barrel on the Nymex after ...
The global market in volume for engineering resins and polymer alloys and blends was estimated at more than 22 billion lbs in 2012 and is projected to increase to 28 billion lbs by 2018 a...
Honeywell's UOP has been selected to provide technology for the world's largest on-purpose propylene production facility, located on the US Gulf Coast. Ascend Performance Materials will u...
Players in India and Southeast Asia reported rising local prices over the past week as healthy demand in several of the region’s countries and stronger global sentiment helped push prices...
LyondellBasell announced that it will shut down a high density polyethylene (HDPE) unit in Wesseling, Germany in the third quarter of 2013. The 100 KT per year unit is among the smallest ...
INVISTA, a world leader in nylon intermediates, polymers and fibers, has signed a Land Reservation Agreement with the Shanghai Chemical Industry Park Development Company for a nylon 6,6 p...
UOP LLC, a Honeywell company, has been selected to provide technology for the world's largest on-purpose propylene production facility, located on the U.S. Gulf Coast. Ascend Performance ...
The solar power industry is steadily expanding worldwide providing vital energy resources and low carbon technology, including electricity supplies to remote regions where the grid is not...
GAIL has revised Price list with effect from 16.05.2013, as follows: LLDPE Grades rise by Rs. 1.00 All The Other Prices remains the same.
Technip was awarded by Nova Chemicals Corporation, the detail engineering, and procurement services contract for the Polyethylene 1 expansion project located at their Joffre site near Red...
Indian Oil Corp has announced the following polymer price revision with effect from May 16, 2013: HDPE: Roll over LLDPE Hi flow: (+) Rs 3000/MT Other grades of LLDPE: (+) Rs 1000...
After steady decreases over the past four weeks, some sellers have started to take a firmer stance this week in European PP markets, as per ChemOrbis. Bullish talk has emerged for June wh...
Reliance Industries Ltd has announced PE price revision wef 16th May 2013, as follows: Increase in prices of HDPE grades by Rs 2000/MT Increase in prices of LLDPE grades by Rs 3000/...
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