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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
Brent crude ended the year at US$110 a barrel as investors worried the US may not reach an agreement over the fiscal cliff as Democrats and Republicans remain at loggerheads. This will le...
Dow Chemical Co, the largest U.S. chemical maker by revenue, restarted an idled ethylene plant after almost four years because natural gas from shale formations has made U.S. production m...
Over the course of 2012, import LDPE film prices both in China and Southeast Asia mostly traded below import LLDPE and HDPE film prices, as per ChemOrbis. In China, at the beginning of A...
Yeochun NCC bought four cargoes of naphtha for delivery in H1-February to South Korea, according to traders, as reported by Bloomberg. The company bought about 100,000 metric tons in tot...
Crude futures dipped in New York to settle at US$90.8, while Brent crude slipped to US$110.6 a barrel. The week saw oil prices end on a lower note amid US data that showed a sharp rise in...
ExxonMobil has commenced startup operations at one of the world’s largest ethylene steam crackers, the centerpiece of the company’s multi-billion dollar expansion project at its Singapore...
Honam Petrochemical Corp. has bought at least two cargoes of naphtha for delivery to South Korea in H1-February, at a premium of about US$15-17/ton according to traders, as per Bloomberg....
Onex Corporation (“Onex”) announced that it has completed the acquisition of KraussMaffei Group, a leading manufacturer of plastic and rubber processing equipment, for € 568 million. One...
Middle Eastern producers have approached global markets this past week with price increases on polyethylene (PE) products, as per ChemOrbis. Planned production shutdowns in the region fo...
Mitsui Chemicals Inc. purchased about 25,000 metric tons of naphtha for delivery in H1-February to Japan, a company official said confidentially, without specifying the price, as per Reu...
Naphtha price in Asia rose to a nearly 2-1/2 month high of US$981.50/ton on Thursday, while margin rose to US$148.03/ton to almost 21% higher than a month ago, as per Reuters. A tightly s...
The global Thermoplastic Elastomer (TPE) market has entered the mature stage and the global TPE demand volume has reached 4.05 million tons, as per reportlinker.com. At present, in the TP...
Europe could end up with a risk of losing new petrochemical investments to the US and other countries because of its reluctance to embrace shale gas, as per head of SABIC, as reported by ...
Asia's impressive manufacturing industry will be largely responsible for a predicted worldwide EVA demand increase - from 2011's total of 2,286,193 tons to 2,966,078 tons in 2017, climbin...
New York's main contract, West Texas Intermediate (WTI) for February delivery, slipped to US$90.8 a barrel, while Brent North Sea crude for February delivery fell to US$110.8 in London. ...
Sasol Ltd. continues discussions with potential buyers of its stake in Arya Sasol Polymer Co., amid reports that an Iranian official denied the company plans to withdraw, as per Bloomberg...
Nan Ya Plastics Corp announced plans, as approved by its Board of Directors, to sell 190.52 million shares of affiliate Formosa Petrochemical Corp by the end of Q2-13. Nan Ya’s announce...
A strong GPPS market was one of the most striking features in China’s polymer market over the course of 2012, with developments in China reflecting a larger global trend, as per Chemorbis...
Asian naphtha price is at a 3-1/2 week high of US$969/ton, while margin hovered around a seven-week high of US$150.30/ton, on firm demand from Asian ethylene plants, which plan little mai...
Horsehead Corp. in Pennsylvania has given Shell Oil Co. six more months to decide whether it wants to buy land for a proposed petrochemical plant to convert natural gas liquids from the M...
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