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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
Naphtha price in Asia continued its downtrend, falling to an eight-month low of US$897/ton, although its margin rose slightly from low levels, as per Reuters. At US$93.69/ton, the margin ...
European producers have started to reveal their April PVC offers in Italy and Germany with rollovers to modest decreases of €10-20/ton following the return of players from the Easter holi...
US March ethylene contracts settled at a rollover, at 48 cents/lb (US$1058/ton), tracking balanced supply and demand levels, as per ICIS. This roll over has kept the US contract price unc...
Toyo Engineering Corporation has been jointly awarded with ENPPI, an engineering company under the Egyptian Ministry of Petroleum, a contract to build a 400,000 tpa polyethylene plant as ...
Jiangsu Sailboat Petrochemical Co. Ltd. (JSPCL) has selected LyondellBasell’s Lupotech T and Lupotech A process technologies for a new plant scheduled to be built in Lianyungang, China. ...
Oil on the Nymex for May delivery settled at US$94.4, while, Brent crude for May delivery dropped by over 3% to US$107.1. Oil prices slumped on data from USA indicating huge increases in ...
India has decided to trial the use of plastic notes across the five cities of Kochi, Mysore, Jaipur, Bhubaneshwar and Shimla. 1 billion plastic bank notes of the 10 rupee denomination wil...
Brazil claims that South Africa, India and South Korea allowed local producers and exporters of polypropylene resin to benefit through several government incentive programs, in the proces...
PET prices in Asia continued to soften this week, although players have started to express hope that the market is nearing the bottom amid a change in PET feedstock prices following steep...
Nano-reinforced composites for minimally invasive devices, such as catheters, with reinforcement loadings up to 30% by weight is being offered by Foster. Nano-reinforced compounds with hi...
State oil company Pertamina is set to build a world-class petrochemical facility in a joint venture agreement with Thailand’s PTT Global Chemical, as per jakartaglobe.com. Officials from ...
UOP LLC, a Honeywell technology has been selected to produce key petrochemicals in a new complex in Brunei. Brunei Hengyi Industries Sdn Bhd, a subsidiary of China's Zhejiang Hengyi Group...
Japan's Toyo Engineering Corp and Egypt's Engineering for Petroleum and Process Industries will jointly construct a 400,000 tpa polyethylene plant in Alexandria, as per Platts. The joint...
Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, raised SAR7.5 billion (US$2 bln) from the sale of an Islamic bond to fund a large petrochemical complex. The Isl...
Abu Dhabi National Oil Co. (ADNOC) offered to sell a year’s supply of naphtha starting in May at higher levels than its February contract, as per players reported in Bloomberg. The compan...
Steadily rising crude oil prices have helped PE prices stabilize in China’s PE market for the past two weeks after sharp decreases were seen for a couple of weeks in a row, as per ChemOrb...
The stand-off between Haldia Petrochemicals Limited and the consortium of lenders continued as the promoters were yet to commit on the margin money as demanded by the latter, as per PTI. ...
Indian Oil Corp has announced the following polymer price revision with effect from April 1, 2013: HD (excl LBM): Rs (-) 1000/MT LL: Roll over PP/LBM: Rs (-) 2000/MT Note: i) PPMC ...
Moving into April, global styrene markets in Asia, Europe and the US ended the past week on a softening trend, as per ChemOrbis. Spot values recorded losses in all three regions towards t...
Haldia petrochemicals has announced polymer price revision with effect from 1st April 2013 as follows: Basic prices of all HDPE grades reduced by Rs. 800/MT. Basic prices of all LLDPE...
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