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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
Mitsubishi Corporation (MC) and Showa Denko K.K. (SDK) have entered into a strategic partnership in the Fullerene business. As part of the arrangement, SDK acquired from MC a 50% stake in...
The West Bengal government’s plan to sell its stake in the loss-making Haldia Petrochemicals Ltd (HPL) received a severe jolt as ratings agency ICRA downgraded the company’s debt, followi...
Styron Europe will seek to increase general purpose and high-impact polystyrene prices in January by Eur110/mt (US$143/mt), as per Platts. The price increase responds to the rising costs ...
Egypt has decided to lift anti-dumping fees on polypropylene imports from Saudi Arabia. Investigations were underway since April on protective measures and anti-dumping fees imposed on Sa...
Asia’s intermonth naphtha spread is expected to firm on the back of tightening supply and rising Chinese demand for the petrochemical feedstock ahead of the Lunar New Year in February, as...
Mexican company Biofase plans to develop 100% biodegradable plastic resins using avocado discarded seeds. Mexico is one of the biggest avocado producers, discarding about 30,000 tons (MT)...
INEOS has declared force majeure on deliveries of polypropylene (PP) and high density polyethylene (HDPE) from its Lavera, France site, following an incident at the Naphtachimie cracker a...
Cereplast has reported the commercialization of Cereplast Algae Bioplastics ™ with the introduction of Biopropylene (R) 109D. The company identified a post-industrial algae source, that l...
Spot olefin prices recorded some increases in the short first week of January in global markets including Europe, Asia and the US. The week was relatively short due to the New Year holida...
New York’s main contract, light sweet crude for delivery in February, shed two cents to US$93.07 while Brent North Sea crude for February delivery gained to rise to US$111.4. Oil prices ...
Haldia Petrochemicals Ltd (HPL) has sought fresh credit from the lenders to keep itself afloat, as per Economic Times. It is understood that bankers had laid down fresh terms and conditio...
The Dow Chemical Company announced that the Company's St. Charles Olefins 2 Plant near Hahnville, La. began producing on-spec ethylene on December 25, 2012, meeting previously announced t...
In anticipation of a continuing decrease of propylene supplies in the country, US propylene maker Enterprise Products is considering building a second propane dehydrogenation (PDH) facili...
US steam cracker margins rose week on week as feedstocks prices declined, and amid a relatively warm winter in continental USA. Mild weather forecasts for the upcoming months have lead to...
Chairman of Rajoo Group - Shri Chandrakant N. Doshi suffered a massive cardiac arrest and left for his heavenly abode. The Prayer Ceremony will take place between 4.00 – 5.30 p.m. on Mo...
Formosa Petrochemical Corp’s pretax profit in 2012 plunged 90%, hit by high crude-oil costs and weak global petrochemical demand. The company recorded a pretax profit of 2.44 billion New...
State-owned oil and gas firm PT Pertamina expects to increase sales of its petroleum-derived chemical products in 2013 after establishing a new joint venture focusing on the petrochemical...
The European physical naphtha market and forward spreads have come under heavy pressure in recent days as weak LPG values have led some petrochemical end-users to turn their attentions to...
Naphtha margin in Asia eased 3.1% to a low of US$129.78/ton on Thursday, weighed down by expectations of more European cargoes arriving next month as traders were drawn by strong Eastern ...
The West Bengal government's industry promotion arm WBIDC has appointed management consultancy firm Deloitte as a transaction advisor for the proposed sale of its shares in beleaguered Ha...
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