August styrene feedstock costs decline in Europe as supply concerns turn market bullish

Feedstock costs for styrene in August have declined, but supply concerns in the styrene market have turned the market bullish, likely altering contract negotiations on Wednesday, accor...

Gulf Petrochem Group raises US$150 mln from a syndicate of international and local financial institutions

Gulf Petrochem Group has raised US$150 mln from a syndicate of international and local financial institutions to be used to support the group’s global activities amid low oil pri...

Recycling extruder designed for reprocessing film, fibers and mats

About 60 visitors to the Recycling & Compounding TecDay organized by KraussMaffei Berstorff and EREMA received insider information about state-of-the-art technologies, innovative m...

Shell contains leak at Pulau Bukon Refinery in Singapore

Royal Dutch Shell has contained a leak at its Pulau Bukom refining and petrochemical complex in Singapore, and operations have not been affected, a company spokeswoman said. The small ...

Energy storage solution combines polymers and nanosheets for flexible electronics, electric vehicles, aerospace

A new, lightweight composite material for energy storage in flexible electronics, electric vehicles and aerospace applications has been experimentally shown to store energy at operatin...

A new zeolite catalyst to produce more propylene, consume less energy in naphtha cracking

A new naphtha cracking process with the aim of producing more propylene and consuming less energy than existing naphtha thermal-cracking methods has been developed by Chiyoda Corp., as...

Replacement of conventional materials to boost global polymer stabilizer market to US$8.35 bln by 2022

 The global Polymer Stabilizer Market is estimated at US$6.88 bln in 2017 and is projected to grow at a CAGR of 4% to reach US$8.35 bln by 2022, as per MarketsandMarkets(TM)<...

Jindal Poly Films under SEBI scanner for alleged windfall gains during acquisition of ExxonMobil’s films business

Delhi-based Jindal Poly Films is under SEBI’s scanner for alleged windfall gains made by its promoters during the acquisition of ExxonMobil’s films business, as per hindubu...

Global polymer dispersions market to cross US$10 bln by 2022

The global polymer dispersions market is projected to reach US$10.27 bln by 2022 at a CAGR of 8%, in terms of value, as per Research and Markets. Growing use of polymer dispersions in ...

Asia petrochem market highlights for week ended July 31: benzene stable, ethylene rises

OLEFINS Asian ethylene rose US$20-30/mt week on week, supported by a firm downstream derivatives market. Higher production margins for downstream SM and monoethylene glycol make...

Packaging segment to register highest CAGR between 2017 and 2022 in global masterbatch market

Innovations in masterbatch and the demand for lightweight materials in the automotive industry is encouraging the replacement of metals with plastics and therefore driving the market. ...

Growth for Anti-Counterfeit Technology provider

A trend towards polycarbonate documents with machine-readable biometric data now prevails around the world. More and more governments issue either polycarbonate cards or paper document...

Lotte Chemical Titan Holding completes mass production trial of Metallocene linear low-density PE

Lotte Chemical Titan Holding Berhad (LCT) has completed a mass production trial of Metallocene linear low-density polyethylene (mLLDPE), an important component in the production of pla...

Pemex plans restart of propylene production at Salina Cruz and Minatitlan

Mexico's Pemex is planning to begin restart of propylene production at two of its refineries next week as it brings key processing units back online, as per company sources in Plat...

Union Ministry plans to revise India's PCPIR policy

The Union Ministry of Chemicals and Fertilisers is planning to revise the Petroleum, Chemicals and Petrochemicals Industrial Region (PCPIR) policy 2007 after three of the four PCPIRs f...

Global colorants market to cross US$65 bln by 2022 at a CAGR of 5% to 2022

The colorants market was valued at US$47.45 bln in 2016 and is projected to reach US$65.65 bln by 2022, at a CAGR of 5% from 2017 to 2022, as per Research and Markets. The increasing d...

Indorama Ventures completes brownfield expansion of PTA plant at Rotterdam

Indorama Ventures Public Ltd. has announced completion of the brownfield expansion of its Purified Terephthalic Acid (PTA) plant, resulting in the total PTA capacity of 700,000 metric ...

W R Grace & Co. to license UNIPOL® PP Process Technology to Canada Kuwait Petrochemical Corp

Linde inks agreement with Wanhua Chemical Group to expand the supply of gas to Phase II of Yantai operations

The Linde Group, a world leading industrial gases and engineering company announced that it has signed an agreement with Wanhua Chemical Group, the world's largest producer of isoc...

Mitsui and Prime Polymers complete PP compound production expansion in high growth regions

Mitsui Chemicals, Inc. and Prime Polymer Co., Ltd. announced that production augmentation has been completed at three of its global polypropylene (PP) compound hubs, viz, USA, Mexico a...