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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
Persistently slow economic conditions and unattractive production costs in Europe have resulted in weaker demand and squeezed margins for many petrochemical companies, as per ChemOrbis. T...
Taiwan, which imports more than 99% of its crude requirements, purchased less of the fuel in April after Formosa Petrochemical Corp. halted a unit for scheduled maintenance. Oil imports d...
The fate of polymer solar cells in the marketplace has been tied to three main factors: Lifespan in outdoor environments, the cost of materials that make up the modules (namely indium tin...
Algerian state-owned energy group Sonatrach has declared force majeure on naphtha cargoes from its Skikda complex, as per industry sources in ICIS. Sentiment has turned bullish in the nap...
NatureWorks, the world’s leading supplier of biopolymers with Ingeo™ fibers and plastics has named PTT Polymer Marketing Co., Ltd. (PTTPM), the marketing arm of PTT Global Chemical Plc., ...
Apolyethylene additive capable of breaking down packaging, including plastic bags has been developed by a team of British Researchers, as per PlasticsNews. Advanced Enzyme Science, a Lond...
Over the past week, since the Chinese market returned from its May Day holidays, the PVC, PP and PE markets have stemmed the previous price decreasing trend and moved to more solid ground...
The Asian naphtha price rose on Tuesday for the third straight session to a four-session high of US$862/ton but its intermonth spread stayed at US$10.50/ton after falling to a three-week ...
WBIDC is putting its nearly 40% stake on the block, emboldened by a Calcutta High Court verdict last month that cleared the decks for the government to discover the best price for its sha...
Foster Wheeler AG (FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by OJSC Gazpromneft Moscow Refinery to provide fron...
Union Minister of State (Independent Charge) for Chemicals and Fertilizers and Statistics and Programme Implementation Srikant Kumar Jena will give away the third national awards for Tech...
Prices in the US$3 trillion plus global petrochemicals market fell 5% to US$1309/mt in April, according to the monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark ba...
The sale of West Bengal Government’s stake in the ailing Haldia Petrochemicals Ltd is expected to be completed by November.We expect the process of divestment to be complete by November,”...
This week sellers have taken a firmer stance in China’s PP and PE markets following the limited activities throughout last week due to shorter working days, as per ChemOrbis. Higher crude...
Solvay and INEOS have signed a letter of intent to combine their chlorvinyls businesses into a 50:50 joint venture, forming one of the world’s largest polyvinyl chloride (PVC) producers. ...
Armed with nanocomposite techniques and insights into bio-based materials, new classes of smart, adaptable super-surface coatings are possible, according to European researchers. Teams fr...
Dow Chemical Co. has received a US$2.2 bln payment from Petrochemical Industries Company of Kuwait, settling a dispute over a scrapped joint venture. An international arbitration court ...
Austrian oil and gas company OMV AG has set aside around 230 mln euros (US$301.4 mln) for a new butadiene plant for the Burghausen refinery in Germany and upgrade of the existing plant in...
The global markets for polyolefins are undergoing radical changes in balance as the advent of shale gas is moving production towards North America. The AMI leading expert in polyolefins,...
US demand for specialty plastic additives is forecast to rise 4.5% annually to 4 bln lbs in 2017, with market value reaching US$7.3 bln, driven by a rebound in the key construction market...
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