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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
Asia naphtha margins rose by US$11.97 per barrel to a two-session high of US$130.10 amid increasing demand for January shipments, as per Reuters. The inter-month premium also firmed by US...
Royal Dutch Shell Plc (RDSA) spilled an unknown amount of ethylene from a 12-inch pipeline in Iowa, Louisiana, after a gasket failure, according to a filing with the U.S. National Respons...
Saudi Arabian Oil Co. (Saudi Aramco) offered naphtha supplies in H1-2013 at premiums that are US$7/ton more than in H2-2012, said three people with knowledge of discussions with buyers, a...
Oil prices fell on release of disappointing retail sales figures in Europe that dampened investor appetite amid reports of higher than normal crude stocks. Benchmark crude for January del...
OAO Nizhnekamskneftekhim and INEOS Technologies have announced that Innovene G and Innovene S polyethylene technologies have been licensed for OAO Nizhnekamskneftekhim’s new petrochemical...
Players in China and Southeast Asia report that polystyrene (PS) prices are set to rise to new record highs as persistently firm styrene prices are pushing sellers to seek another round o...
Naphtha prices in Asia dropped to a one-week low at US$945 per ton but the inter-month premium was firmer at US$13.50/ton after demand emerged from South Korea for more H1-January shipmen...
Russian oil giant Rosneft held talks with China to discuss details over the construction and operation of Chinese-Russian Eastern Petrochemical Company, as per dowjones.com Rosneft Chief...
Petroliam Nasional Berhad (PETRONAS), the national oil and gas company of Malaysia, has awarded INEOS Technologies (INEOS) the LL/HDPE portion of the PETRONAS’ Refinery & Petrochemical In...
Registration, Evaluation, and Authorisation of Chemicals (REACH) regulations are playing a major role in driving the European oleochemicals market which has otherwise attained maturity. T...
New York's main contract, West Texas Intermediate for delivery in January, closed at US$87.8 a barrel, while Brent North Sea crude for January fell by over a dollar to US$108.8 in London....
Having recently introduced its latest ENLIGHT polyolefin PV module encapsulant films, Dow Chemical plans to further develop the films and adding manufacturing capacity at its integrated s...
Oman Oil Company (OOC) and LG International (LGI) have signed an agreement to jointly develop a petrochemical plant at the Sohar Port. The joint venture company, which will be owned 70% b...
The recent shutdown in China at Daqing’s cracker has caused the PP market to gain some lost ground and has triggered some speculative buying this week, as per ChemOrbis. However, barely a...
Japan's Sumitomo Chemical Co may reconfigure or upgrade its sole 415,000 tpa naphtha cracker in 2015 in a bid to remain profitable in the face of shrinking domestic demand, as per Reuters...
Japan's top refiner, JX Nippon Oil& Energy Corp, is set to skip planned maintenance shutdown at its naphtha cracker at Kawasaki in 2013. The company, which last conducted a turnaround at ...
Oman's Octal Petrochemicals continues to offer polyethylene terephthalate (PET) in Europe despite a force majeure, as per the company’s managing director, as reported by Platts. A Europ...
Jacobs Engineering Group Inc. has been selected by Reliance Industries Limited (RIL) to provide engineering and procurement assistance services for the construction of a Mono Ethylene Gly...
Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. has been awarded by Etileno XXI Services B.V., an Engineering and Procurement contract on Lump Sum Basis for the...
Formosa Petrochemical Corp. is considering cutting its ethylene output temporarily if global petrochemical prices continue to slide and fall below cost, as per Dow Jones Newswires. The re...
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