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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
South Korea's Lotte Chemical has bought a total of 130,000 tons of naphtha so far for H1-April arrival on a cost-and-freight (C&F) basis, as per Reuters. About 55,000 tons will be supplie...
Asahi Kasei Plastics has announced a new long glass fiber reinforced polypropylene for improved impact performance and 20% cost savings compared to traditional long glass fiber reinforced...
New York's main contract, light sweet crude for delivery in March inched up to US$95.6 a barrel, while Brent North Sea crude for delivery in April dipped to US$117.4. Oil prices were mixe...
Polyethylene Terephthalate (PET) volume market is expected to reach 76.7 million tons by 2016 primarily supported by the product types - films, fibers and sheet extrusion, as per Research...
Russia-based petrochemicals major SIBUR has registered two new subsidiary companies in Turkey and Ukraine to specialize in the trading of polymers, as per hydrocarbonprocessing.com. SIBUR...
State oil company Pertamina has requested a guarantee from the government concerning the company’s plan to build petrochemical refineries capable of producing 1 million tpa. Pertamina is ...
Spot olefin prices followed different paths in major markets over the past week during Chinese holidays, as per ChemOrbis. Propylene and ethylene costs were either steady or posted slight...
Benchmark crude for March delivery dipped to US$95.6 in electronic trading on the Nymex, while Brent crude dipped to US$117.6 on the ICE Futures exchange in London. Market sentiments hav...
Driven by aggressive biofuel mandates, rapid growth will cause great strain on biomass by 2030, according to Lux Research. Using today’s technologies, an area the size of Russia would nee...
In Egypt, Ain Sokhna port workers have been on strike since end January, according to local Egyptian media. Around 1,200 workers at Platinum Maritime Services, which is a subcontractor at...
Oil on the Nymex dipped to US$95.6, while Brent crude rose marginally to US$117.7 a barrel on Monday, supported by expectation of improving global growth despite some weak US data damping...
With effect from January 1, 2013, China will cut the polyethylene import duty for Least Developed Countries to 3%, from 6.5%, provided the landed prices of low density PE and high density...
Asian naphtha price eased to a three-session low of US$1052 on Friday after holding at a 10-month high, mirroring the fall in Brent crude. Naphtha margin in Asia, at US$169.1/ton has surg...
Researchers at KTH Royal Institute of Technology have discovered an antibacterial polymer that can be used in everyday products such as sportswear, diapers and bandages, without causing r...
Oman-based Saltic LLC FZE has formally launched work on its world-scale caustic soda and ethylene dichloride plant at Salalah Free Zone. Site preparation works kicked off recently on a 35...
The arbitrage situation also points to ongoing tight conditions in Europe. The arbitrage to Asia has remained open for several weeks, with the east-west spread standing at US$15/ton for M...
Robust naphtha market in Europe and recent tight conditions are still expected to persist during the coming weeks, as per ICIS. The dry run in the market is expected to last for March at ...
Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important US$400/mt mark for the first time sinc...
A fire broke out at a bisphenol A (BPA) plant in the Formosa Plastics Group’ petrochemical complex in Yunlin County. The blaze caused limited damage, but the factory’s operations have bee...
New York's main contract, light sweet crude for delivery in March inched up to US$97.1 and Brent North Sea crude for April to US$118. Oil prices moved up in Asia after OPEC raised its dem...
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