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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
US ethylene prices fell on Monday, pressured by weakening demand and looser supply after the restart of two crackers in Texas in the past few days, as per ICIS. Ethylene for November deli...
Ethylene and propylene are the major raw materials in the production of EPDM and any change in the demand and supply of these raw materials could have a major impact on the EPDM industry....
Brent crude rose towards US$111 a barrel as Israel's bombing of the Gaza Strip sparked concerns around the supply of oil from the Middle East, as per Reuters. Hamas fired dozens of rocket...
Qatar Petrochemical Company (Qapco) has officially launched operations of the new Low Density Polyethylene third plant (LDPE 3). The state-of-the-art facility will increase Qapco’s o...
Songwon Industrial Co., Ltd. and Tangshan Baifu Chemical Co. Ltd. have formalized their joint venture relationship. The new company is called Songwon Baifu Chemicals (Tangshan) Co., Ltd. ...
Spot olefin prices in Asia eroded over the week amidst weaker downstream polymer markets including PP and PE in the region, as per ChemOrbis. Ethylene and propylene prices recorded a fall...
Taiwan’s CPC Corp, Taiwan (CPC) denied reports on of scrapping a planned investment project in Malaysia. The state-run oil refiner confirmed that the plan was still undergoing a feasibili...
US ethylene margins fell by 4% in the second week of November under pressure from lower ethylene spot prices, as per ICIS margin report. Ethylene spot margins were assessed at 43.36 cents...
Offers of ethylene export volumes from Mexico have drawn a lackluster response in Northwest Europe, which remains a low demand environment, as per Platts. A second cargo from Mexico this ...
Western European production of ethylene, propylene and butadiene in Q3-2012 was down from Q3-2011, as per Association of Petrochemical Producers in Europe, Platts reported. Ethylene, pr...
Japan’s imports of naphtha grew by 5.3% month-on-month in October to 1.183 mln tons, according to the figures released by the Ministry of Economy, Trade and Industry. Spurred by naphtha i...
Shell is expanding its upstream ethylene cracker that is core to its US$3 bln Shell Eastern Petrochemicals Complex (SEPC) in Jurong Island in SIngapore - to ramp up production of olefins ...
India’s Mangalore Refinery & Petrochemicals (MRPL) has sold 35,000 tons naphtha for Dec. 11-13 loading from New Mangalore to Marubeni at a record high of US$50-$51/ton above Middle East q...
Asia’s naphtha prices are expected to gain from rising downstream polyethylene (PE) prices, amid prospects of inventory stock piling ahead of the Lunar New Year in early 2013 in China, as...
South Korea's top ethylene maker Honam Petrochemical has restored operational rates to 100% capacity at its 1 mln tpa Daesan cracker as planned after cutting runs earlier in the week due ...
Gasoline cracks in Asia extended gains to rise to a five-week high of US$9.91 a barrel supported by tighter supplies caused by plant outages in Taiwan and Malaysia, as per R euters. Formo...
Ethylene Glycol (EG) plant with the capacity of EO 80,000 tpa and EG 205,000 tpa planned by Korea Petrochemical Ind. Co., Ltd. (KPIC), in Ulsan petrochemical complex in Korea. The Mechani...
Jubail Chemicals Storage and Services Company (JCSSC), a unit of Saudi Basic Industries Corporation (SABIC) has awarded contracts for a new storage, handling and shipping terminal at King...
UAE-based major polymer & petrochemical trading company- Uniplas Petrochemicals Ltd is exploring the option of setting up a greenfield petrochemical complex in the PCPIR’s located either ...
IRPC, Thailand’s fourth-largest petrochemical company is planning to invest about US$ 1 billion to expand its production capacity and thereby double its earnings over the next three years...
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