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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
Asian naphtha margins were at a three-session low of US$85.7/ton respectively, weighed down by ample supplies, as per Reuters. Sellers were unmoved despite buyers coming forward to lock ...
After having declared May PVC offers with large decreases across Asia, producers are now about to finish their May business, as per ChemOrbis. They are also questioning if PVC is near the...
A flash fire at Formosa Plastics Corporation USA's petrochemical complex in Point Comfort, Texas, has injured at least six workers. Unconfirmed sources reveal that the fire occurred in on...
US ethylene prices reached their lowest level since early December in early April, rebounded slightly but couldn't sustain the upward momentum and ended the month several cents lower, acc...
A source in the company said the HPL board of directors will convene a meeting soon to notify the Board for Industrial and Financial Reconstruction (BIFR), known as graveyard of industria...
US April ethylene contracts appeared set for a decline, tracking weaker spot prices during the month, as per ICIS. Early projections peg April contracts falling by 1.0-1.5 cents/lb (US$22...
Chengdu, the capital of Sichuan province, has halted a controversial chemical plant project amid concerns over its proximity to an earthquake fault line. The statement came nine days afte...
Naphtha prices in Asia reversed gains to dip to a two session low of US$858.5/ton at the start of the week, amid weaker Brent crude. Naphtha margins dipped to a two-session low of US$85.8...
Taiwan's Formosa Petrochemical has bought about 50,000 tons of naphtha for H1-June arrival at a premium that was its lowest for this year, as per Reuters. This is the smallest volume of n...
VinylPlus, the European PVC industry sustainable development program, registered 362,076 tons of PVC recycled last year, keeping it on track to meet the challenge of recycling 800,000 tpa...
Global demand for plastic pipe is forecast to rise 6.2% pa through 2017 to 23 mln metric tons, improving significantly from growth recorded between 2007 and 2012. Construction related pip...
Benchmark oil for June dropped by over a dollar to finish at US$93.4 per barrel on the Nymex, in anticipation of another increase in U.S. crude supplies. In total, oil prices have seen a ...
On April 24th the resolution “Stop the dumping of Plastics” has been signed at the town hall of Ostend by the Belgian Association of Manufacturers of Plastic and Rubber Articles Federplas...
Players in Vietnam are voicing their reactions to the government’s recent decision to lift customs duties on PS from 3% to 5% effective as of May 19, 2013 as per ChemOrbis. Buyers are gen...
Spot propylene markets followed a steady to firmer trend over the week in major markets including Europe, Asia and the US as per ChemOrbis, mainly driven by several supply constraints on ...
Rosneft and Mitsui have signed an agreement to jointly develop the massive Far East Petrochemical Company (FEPCO) project. FEPCO, a subsidiary of Rosneft, is developing the project. Proce...
Korea Kumho Petrochemical has begun to strengthen its forays into Turkey. The company said on April 28 it would beef up its effort to enter the Turkish market as it figures its exports wo...
Pallmann Group is strengthening its position in briquette and pelletizing recycling technology with the acquisition of technology from Swiss company BP Recycling Systems GmbH, based in Sw...
Dubbed ME.WE, this Toyota model has been designed by French architect and inventor Jean-Marie Massaud. It can be used as a pickup, convertible, off-roader, or a small city car. It has bee...
Asian PET markets had revived into the second week of April on the back of the rising spot PTA and MEG feedstock prices as per ChemOrbis. Sellers had been reporting satisfactory sales fol...
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