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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
Indonesian state energy company PT Pertamina has inked a memorandum of understanding (MOU) with SK Global Chemical to construct a petrochemical facility in the Southeast Asian country, Do...
Moving into December, spot olefin markets continued to soften both in Asia and Europe as demand from downstream markets showed no considerable improvement and overall supply was plentiful...
Mediterranean markets, including Turkey and Egypt, saw higher import PS prices over this past week while this increase on prices stemmed from the fact that Asian producers are still opera...
Tata Capital Innovations Fund, VC firm headed by Tata Capital, invested Rs 15 Cr in specialized polymer maker Pluss Polymers Pvt. Ltd. through equity infusion. The company is in the busi...
The US Gulf Coast non-LST purity ethane assessment has fallen to its lowest level since August 2002, mainly on increasing supplies form shale gas plays across the US, as per Platts. Ethan...
Sahara announces that its affiliate, Sahara & Maaden Petrochemicals Company (SAMAPCO) has signed a financing agreements for a total amount of SAR 1980.75 million (US$528.2 mln). The agree...
KBC Advanced Technologies has signed a contract for a large optimization and efficiency project with Fujian Refining and Petrochemical Corp. (FREP), a joint venture comprised of Fujian Pe...
Players in Southeast Asia’s local PVC markets, who had been expecting to see December prices to the region’s local markets announced with rollovers to decreases earlier this month, say th...
Indian Oil Corp has announced following upward price revisions wef 1 Dec 2012: HD/LL (except HM/HD Film/Pipe grades): Rs (+) 1000/MT HM/HD Film/Pipe grades: Rs (+) 1500/MT PP: Rs (+)...
The NWE December ethylene contract price, on Wednesday, fully settled at Eur 1275/mt FD, a rollover from November, as per Platts. The initial settlement was Wednesday between sellers Lyon...
The Haryana State Infrastructure and Industrial Development Corporation (HSIIDC) plans to go ahead with the development of the proposed petrochemical hub at Panipat on its own by pumping ...
The first barrel of ethane from the Bakken field will go to Nova Chemicals' Joffre, Alberta facility to be value added and converted into polyethylene next year, marking North America’s f...
Naphtha timespreads rebounded to a one-and-a-half-week high after physical demand for January cargoes began emerging from North East Asian cracker operators, as per Reuters. South Kore...
Oil prices rebounded in Asian trade Thursday on hopes the United States will reach a deal to avoid the fiscal cliff of tax hikes and spending cuts that would likely tip the country back i...
Thailand's largest petrochemical producer - PTT Global Chemical Plc (PTTGC), is in talks with PT Pertamina (Persero) about jointly investing in a US$5 bln integrated oil refinery and chem...
IRPC will invest in a Phoenix project worth US$130 million (about Bt4 billion) next year that will increase its capacity to produce plastic pellets, polystyrene and acrylonitrile butadien...
The global PET market was estimated to be worth US$23.3 bln in 2010 and is expected to reach US$48.4 bln in 2016, growing at a CAGR of 9.6% from 2011 to 2016, as per Transparency Market R...
The Saudi International Petrochemical Co. (Sipchem) has launched the construction of its ethylene vinyl acetate (EVA) films project in Hail Industrial City, as per Arab News. The projec...
Naphtha price in Asia was at a week's high of US$948.50/ton on Tuesday but the intermonth premium fell 12.5% to its lowest in three months at US$10.50/ton as weak petrochemical prices hit...
Middle East and Asia are all set to emerge as the world's largest ethylene producing regions. Key to increasing capacities is the availability of low cost raw materials. As per Research a...
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