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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
Yeochun NCC Co. bought three cargoes, or about 75,000 metric tons of naphtha for delivery in the first half of June to South Korea, according to traders in Bloomberg. YNCC paid a premium ...
New York's main contract, light sweet crude for delivery in June, moved up to US$89.6 a barrel and Brent North Sea crude for June delivery rose to US$100.5. Oil prices inched up on antici...
Global EVA production capacity is about 2.8 million tons, and mainly concentrates in North America, Western Europe and Asia; of which, the production capacity in Asia and North America is...
Taiwan's Formosa Petrochemical Corp is extending the use of propane as a petrochemical feedstock into June due to costlier naphtha, prompting it to issue its eight LPG import tenders in a...
Initial Purchasing Managers’ Indices released yesterday for China, the Eurozone and USA, showed disappointing results for the month of April, following hopes, at least for China and the U...
UOP LLC, a Honeywell company, has been selected by Crosstex Processing Services, LLC, a subsidiary of Crosstex Energy, L.P., to provide technology and equipment to extract valuable petroc...
Brazil has reduced taxes to help the ethanol and petrochemical industries, as per Wsj.com. Brazil would cut a social security tax — known as PIS/Confins — for petrochemical companies and ...
Asia’s naphtha prices are expected to be largely stable following volatile trading in the previous week, which saw prices tumbling to nine-month lows, as per ICIS. With global crude oil f...
New York's main contract, light sweet crude for delivery in June dipped to US$88.7 a barrel, while Brent North Sea crude for June dipped to US$100.05 in mid-morning trade. Oil prices ease...
Carlos Slim Mexico is looking for investment opportunities in petrochemicals in Saudi Arabia, led by the telecommunications magnate, Carlos Slim. Slim, with an estimated wealth of US$49 b...
Rabigh Refining and Petrochemical Co. (Petro Rabigh), is shutting down its ethane cracker and related units for maintenance work from April 22 to May 3, as per Zawya Dow Jones. The cracke...
Leading manufacturer of proprietary biobased, compostable and sustainable bioplastics Cereplast has begun receiving orders and payment for Compostable 3002 for the manufacture of single-u...
Russian petrochemicals group Nizhnekamskneftekhim (NKNKh) has formally commissioned its €100m 60,000 tpa ABS (acrylonitrile-butadiene-styrene) polymer plant in Nizhnekamsk, as per Europea...
As per a JV agreement, Bhansali Engineering Polymers and Nippon A&L Inc will incorporate a new private company to undertake technology and application development work of numerous special...
Clariant plans to build a new pigment preparations plant in Indonesia in a series of investments to strengthen on-the-ground support for customers in China, India and Indonesia. The annou...
State-owned Qatar Petroleum (QP) signed a joint venture agreement with France's Total and Japan's Idemitsu, Cosmo Oil, Marubeni and Mitsui for a new condensate refinery to be built in Qat...
The Union ministry of petroleum, district collectors of Surat and Bharuch, land acquisition officer of the state government and the ONGC have been issued show cause notices by the Gujarat...
Saudi Basic Industries Corp (SABIC), the world's biggest petrochemicals group, posted a 10% year-on-year fall in its first quarter net profit on Saturday and warned that growth would like...
Saudi International Petrochemical Co (Sipchem) posted a 57.5% fall in first-quarter net profit, citing shutdowns at a number of plants during the period for the decline in earnings. Sipch...
Oman Oil Refineries and Petroleum Industries Company (Orpic) plans to set up a steam cracker and Polyethylene plant at the Port of Sohar with an investment of around US$3 bln. The Omani m...
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