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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
The revival in crude oil prices two weeks ago had given some hope to polymer sellers that costs would lend a hand in preventing a further downward fall in polymer prices as per ChemOrbis....
Reliance Industries Ltd is holding discussions with banks for a five-year loan of about $2 billion to refinance its debt, as per The Economic Times. In 2012, RIL- the world's largest petr...
Oil on the Nymex for May delivery inched up to US$92.8 a barrel at midday Bangkok time , after falling by over 50 cents to US $92.7 at the end of last week. Oil price rose modestly after ...
USA will have 60,000 bpd of surplus ethane in 2013, as global consultancy ESAI Energy in Global Industrial Fuels Outlook, as per hydrocarbonprocessing.com. This supply surplus results fro...
Recent announcements of eight PDH units to be built in the US over the next 3-5 years has led many market players to believe in more pricing stability leading to a resurgence in demand fo...
Fixtures for shipments of over 190,000 mt of heavy naphtha bound for Asia from the US Gulf Coast show that the arbitrage window has reopened to meet firm demand from Asia, as per Platts. ...
Mitsui Chemicals, Inc. has started commercial operations at the Lotte Mitsui Chemicals, Inc. polypropylene catalyst plant in Yeosu, Korea on April 1. The plant is part of an equal joint v...
Energy Allied International is on the verge of agreeing to a US$3 billion petrochemicals investment in Turkey, Economy Minister Zafer Caglayan said in Austin, Texas. The Turkish governmen...
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...
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