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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
The Asian naphtha price was at a four-session high of US$948/ton on Monday while its margin hit a five-week high of US$142/ton on tighter supplies ahead due to refinery maintenance in Ind...
INEOS plans to invest in the construction of a new ethane tank at its Rafnes site in Norway. The company has signed a Letter Of Intent with TGE Gas Engineering to build a new tank and exp...
Dow Chemical Co. (DOW), the largest U.S. chemical maker by sales, applied for a federal permit to build the company’s biggest ethylene plant to benefit from the cost advantage of cheap na...
Middle Eastern petrochemical producers will continue to enjoy considerable cost advantage compared with their counterparts in Southeast Asia even as a scarcity of gas forces them to shift...
National oil company Petroliam Nasional Bhd (Petronas) has awarded Ineos Technologies the linear low/high density polyethylene (LL/HDPE) portion of its RM60 billion Refinery and Petrochem...
The prompt naphtha December/January time spread firmed to a near one-month high on Monday, reflecting a more bullish stance taken by traders after light distillate cracks rose in Europe, ...
Japan-based Mitsubishi Corp. is leading a group of investors that plan to build a methanol-to-petrochemicals complex in Trinidad, the Trinidad Guardian newspaper reported, citing Trinidad...
Japan based Showa Denko has denied reports that a naphtha cracker will be undergoing maintenance in 2013, as per fibre2fashion. The cracker located in Oita has an ethylene and propylene p...
In Asia, export PET prices moved up in line with firmer upstream costs, as per ChemOrbis. Plus, producers in that region feel free from inventory pressure given their lower operating rate...
The Delhi high court asked the Delhi government if any study was conducted before banning manufacture and use of plastic bags, on Thursday, as per Times. A bench of Chief Justice D Mu...
Some South Korean styrene monomer producers have settled 2013 term supply contracts with their customers at a premium of US$8-9/mt to Platts FOB Korea SM assessments, an increase of US$2-...
IRPC Pcl (IRPC) offered to sell 30,000 to 50,000 metric tons of heavy naphtha for loading in January from Rayong, Thailand, as per Bloomberg.
Kazakh national oil and gas company KazMunayGas is mulling participation in US$1 bln investment project of the Belarusian company Mogilevkhimvolokno, as per BelTA. The Belarusian state pe...
Italy’s Tecnimont has been hired to complete the engineering studies for the ethylene and polyethylene plants that will be constructed in southern Bolivia by state-owned oil company YPFB....
Oil prices dipped at the end of the previous week after the latest U.S. jobs report offered a mixed picture of the economy. Oil on the Nymex settled at US$85.9 per barrel in New York, fal...
Formosa Petrochemical Corp planned to start an expansion project of its naphtha cracker in Yunlin County’s Mailiao Township after winning an administrative appeal against the Environmenta...
Shell has declared force majeure on ethylene after shutting down a segment of a pipeline in Louisiana because of a leak, as per ICIS news. The incident has led Shell to declare force maje...
The Plastindia International University deemed as one of the prestigious universities to be set-up in Vapi Gujarat, saw the presence of delegates and faculty members from University of Ma...
US demand for post-consumer recycled plastics is forecast to rise 5.9% pa to 3.4 bln lbs in 2016. Gains will be driven by a number of factors, including a growing emphasis on sustainabili...
Agricultural films are gaining a worldwide importance as the area under protected agriculture increasing day-by-day, as per Research and Markets. Furthermore, the need to increase the ag...
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