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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
Middle Eastern producers have started to reveal their PP and PE prices for February in major global markets, as per ChemOrbis. These suppliers have approached the Chinese and Southeast As...
Fluor Corporation (FLR) was awarded a contract by Williams to provide preliminary engineering services for a proposed propane dehydrogenation (PDH) project near Redwater, Alberta, Canada....
China will impose anti-dumping duties on two chemicals from the United States and European Union for five years. The Ministry of Commerce said it ruled that U.S. and EU companies have bee...
Naphtha price in Asia reached a fresh 4-1/2 month high on Thursday at US$1000/ton on the back of strong Brent crude while the intermonth timespread at US$23.50, was at its highest since M...
Samsung Total Petrochemicals Co. bought about 25,000 metric tons of naphtha for delivery in H1-March to South Korea, according to two traders. As reported by Bloomberg, the company paid a...
UOP LLC, a Honeywell company, announced that its UOP Oleflex™ process technology has been selected by China's Longgang Chemical Co. to produce key ingredients for fuels and synthetic rubb...
The US ethylene cycle is poised to hit a "double peak" in the coming years in the form of higher margins from low natural gas liquids (NGLs) feedstock costs, as well as higher operating r...
Southeast Asia’s ABS market is following a stable to firmer trend as the Chinese New Year holidays draw closer, as per ChemOrbis. Prices are being supported by stronger upstream costs wh...
New York's main contract, light sweet crude for delivery in March, inched up to US$97.9 a barrel and Brent North Sea crude for March delivery gained to US$115.1, amid escalating tensions ...
Oil & Natural Gas Corp., India’s biggest state-run energy explorer, offered to sell 35,000 metric tons of naphtha for loading from Feb. 21 to Feb. 22 from Hazira port, according to a noti...
Formosa Petrochemical Corp. bought about 150,000 metric tons of naphtha for delivery to Mailiao, Taiwan, in H1-March, according to two traders with knowledge of the purchase, as per Bloom...
Nghi Son Refinery and Petrochemical LLC (NSRP) jointly established by Idemitsu Kosan Co.,Ltd., Mitsui Chemicals, Inc., Kuwait Petroleum International and PetroVietnam, signed on Engineeri...
Mitsui Chemicals, Inc and Prime Polymer Co., Ltd.announced a 14,000 ton augmentation of polypropylene production in the United States to meet growing demands of the automotive materials s...
Reliance Industries Ltd (RIL), has cash reserves to the tune of Rs 80,000 crores. Additionally, the company has just raised another Rs 4,264 crore as a perpetual bond (perp bond). RIL pla...
KBR has been selected to provide the BP Decatur site with specialty turnaround management and turnaround mechanical execution services for one of the six on-site production units at the W...
South Korea's Samsung Total Petrochemicals Co has revived a contract to buy Iranian oil after a year's hiatus. Margins in polymers have been thin making the cheap fuel from Iran hard to r...
SK Gas, South Korea's top LPG importer, has finalized a US$890 million plan to build a 600,000 tpa propylene plant in the industrial city of Ulsan on the country's southeast coast by 2016...
February naphtha refining margin was at minus US$7.50/bbl, compared with minus US$6.70/bbl at on 28 January. This weakening of the European naphtha crack spread is surprising amid stronge...
Reliance Industries is raising up to US$500 mln (Rs 2,701 crore) through perpetual bonds from investors abroad to fund its petrochemical expansion and oil and gas exploration activities i...
50% of the US$10 bln that Qatar's sovereign wealth fund plans to spend is expected to be invested in Malaysia on a petrochemicals complex aimed at transforming the Southeast Asian nation ...
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