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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
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...
According to global media sources, Egypt has received aid from Qatar and Libya designed to relieve currency issues the country has been struggling with following the fall of President Hos...
Japan's naphtha imports for the petrochemical sector rose 36% in March from the same month a year earlier, as per Reuters. Imports of naphtha for ethylene production totalled 1.20 mln ton...
Oil and Natural Gas Corp (ONGC) sold an early May naphtha cargo to Japan's Marubeni at about US$41/ton premium, making this the lowest price the state-owned company has received for a Mum...
Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C. (Muntajat), has completed the assumption of sales and marketing responsibilities of vinyl and caustic soda pro...
The European Chemicals Agency’s (ECHA) committee for risk assessment committee (RAC) has published information on the authorisation process that will be used to evaluate two phthalates: D...
A pan European consortium has manufactured its first ‘test barrier panel’ for use in flood defences.The process developed by Plastic Recyclate Impression Moulding Engineering (PRIME) prod...
An increase in throughput of 20% and production of finer and more uniform granulate with less dusting is now possible with Maguire Products, Inc’s streamlined operation of its unique syst...
LyondellBasell announced the signing of agreements with TexStar MidStream Services, LP under which TexStar will install two natural gas liquids (NGL) fractionation units adjacent to the C...
The Asian naphtha price edged down to a two-session low of US$828.5/ton on Thursday but its margin rose for the third straight session to reach a one-week high of US$93.50/ton as unexpect...
Saudi Basic Industries (SABIC), the world's biggest petrochemicals group, plans to cut about 1,050 jobs in Europe and close some operations because of a gloomy business outlook, as per Re...
UOP LLC, a Honeywell company, announced that China's Jiangsu Sailboat Petrochemical Co. Ltd. has licensed Honeywell's UOP advanced methanol-to-olefin (MTO) process to convert methanol fro...
Taiwanese conglomerate Far Eastern Group is eyeing the development of petrochemical plants in the United States, fuelled by cheap energy as the US exploits its shale gas reserves, as repo...
Benchmark oil for May delivery dipped to US$88.6 per barrel in Asia on the Nymex. On the first day of the week, crude dropped by almost 3% as gold and industrial metals plunged after Chin...
The Jeddah Commercial Forum 2013 (JCF 2013), to be inaugurated on Saturday (April 20), at the Hilton Jeddah, will put strong emphasis on Saudi Arabia’s efforts to lift anti-dumping and su...
Naphtha continues to flow from the heavily oversupplied Northwest Europe market to Asia, supported by a widening East/West spread, keeping a marginally workable arbitrage open despite the...
Oil prices were mixed in Asian trade on Wednesday on concerns over weak US energy demand. New York's main for delivery in May, dipped to US$88.6 a barrel, while
The Reserve Bank of India (RBI) will execute a union government's mandate to introduce plastic/polymer currency note of Rs 10 on a field trial basis in five cities in India. Depending on ...
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