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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
China had no commercial shale gas production in 2011, but harbours the ambitious target to produce 229.5 billion cubic feet a year of shale gas by 2015. ConocoPhillips, which currently ho...
US olefins prices will end 2012 on a high note after rising unexpectedly in the last few weeks of the year amid a spree of unplanned outages, as per ICIS. The uptrend is likely to carry o...
Spiking to almost ten week highs, New York's main contract, West Texas Intermediate (WTI) for February delivery spiked by over two dollars to settle just below US$91. Brent North Sea crud...
Middle Eastern suppliers have been talking about their limited allocations for PP and PE in global markets, as per ChemOrbis. After Saudi Polymers shut its new Jubail complex in November,...
In 2013, Saudi Arabia may raise what is currently the world's lowest price for natural gas, in order to reduce expensive subsidies and curb energy waste, as per Reuters. A price hike woul...
Spot olefin markets recorded noteworthy increases over the past week in the US mainly driven by unexpected cracker outages that occurred in the country, as per ChemOrbis. Firmer energy pr...
Qatar has announced the launch of a new company - The Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), to market and distribute petrochemicals as part of a ...
Saudi Kayan and Petrokemya - two affiliates of Saudi Basic Industries Corp (SABIC) have signed initial deals to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail,...
Benchmark oil for February delivery fell to US$88.5 per barrel on the Nymex. The contract fell US$1.47 Friday, the contract’s lowest point in three weeks. Oil prices fell on Monday, just ...
Environmentalists criticized a Formosa Plastics Group (FPG) report assessing health risks and water usage at the Sixth Naphtha Cracking Plant, as per ChinaPost.com.tw. The Sixth Naphtha C...
Import PS prices surpassed their 2008 levels in China, Southeast Asia and Egypt while they are at a year’s high level in Turkey, as per the pricing service of ChemOrbis. Higher styrene co...
US steam cracker margins climbed last week on higher spot prices and chemical plant outages, as per Platts. Olefins producer Williams declared a force majeure out of its Geismar, Louisian...
The Asian naphtha price ended the week at a two-session low of US$958.50/ton, pressured by lower Brent crude, but its margin recovered by 2.31% to a three-session high of US$137.48/ton on...
The outlook for the European naphtha market remains bleak, with few, if any, changes expected for 2013, as per ICIS. A combination of adverse macroeconomic conditions, structural length a...
Borealis, a leading provider of chemical and innovative plastics solutions, announces that it will increase all polyolefin prices for January, 2013. Polyethylene prices will increase by E...
Styrolution has named Albis and Ultrapolymers as its dedicated agents in Europe, the Middle East and Africa, as part of a new distribution strategy for its styrenics specialities portfoli...
Calcutta High Court ruled that The Chatterjee Group (TCG) could not initiate an arbitration proceeding against the Bengal government at the Paris-based International Chamber of Commerce (...
Brazilian-Mexican consortium Braskem-Idesa has reached a US$3.2 bln financing deal for its Ethylene XXI petrochemical project in Mexico. The accord was signed with 17 state-run and comme...
Altuglas International (subsidiary of Arkema group) and NatureWorks, one of the leaders in the bio-plastics market with its Ingeo™ biopolymers derived from plants, have signed a global co...
Oil closed settled above US$90 a barrel on the Nymex for the first time in two months Thursday as it tracked an upward move in U.S. stock markets. Brent crude dipped to US$110.20 per barr...
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