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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
Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade, the first such move since tough new sanctions were imposed in July, as per Reuters. The tankers, ...
The government of Vietnam has allocated land for a Kuwaiti jointly-owned refinery and petrochemicals plant, with the land now ready for excavation and basic construction, as per Menafn.c...
Naphtha prices in Asia fell on Monday at a four-session low of US$974/ton because of weaker European gasoline values. Naphtha's refining margin was also US$6.58 weaker at US$116.45/ton, a...
New York's main contract, light sweet crude for delivery in November dipped to US$91.1 a barrel and Brent North Sea crude for November delivery dipped to US$114. Oil has slipped in Asia a...
In Egypt, players still complain about limited supplies of locally held homo-PP, especially of PP raffia, while the PE market saw softer distribution market levels this past week followin...
SABIC’s Innovative Plastics business announced a major expansion of its industry leading LEXAN™ polycarbonate (PC) portfolio: three new engineered LEXAN PC film grades to help customers i...
South Korea's YNCC has bought around 75,000 tons of open-spec naphtha for H2-November delivery at premiums of about US$13.50-14/ton to Japan quotes on a cost-and-freight (C&F) basis, as p...
Sahara Petrochemical Co has inked a 3 year medium-term revolving credit facility with Saudi Investment Bank for 400 million riyals (US$107 mln), as per Reuters. The facility is to give st...
Abu Dhabi Terminals (ADT) announced that Khalifa Port received the first shipment of polyethylene for export from Borouge, provider of innovative plastics solutions. The Port received mor...
A little over three months after taking control over the ailing Haldia Petrochemicals Ltd, the West Bengal Government said that a Committee of Secretaries has been set up to oversee the a...
JX Nippon Oil & Energy has restarted its naphtha cracker that had been shut for a turnaround, but after a delay of around 13 days. As per fibre2fashion, the cracker which was shutdown for...
The increasing average age of the U.S. population is creating a vast market for medical treatment, especially minimally invasive procedures. In a fragile economy, patients prefer minimall...
Weyerhaeuser Company, a global leader in cellulose fiber technology and sustainable forestry, announced the launch of a proprietary, patent-pending form of thermoplastic composite that us...
The Coca-Cola Co. has formed a partnership with JBF Industries Ltd. to further expand production of the plant-based material used in the company’s PlantBottle packaging. To support this p...
Oil prices ended the previous week on a higher note, as abig fall in U.S. unemployment benefit claims suggested some improvement in its economy. The U.S. Labor Department said on Thursday...
Formosa Petrochemical Corp has bought two-three cargoes of naphtha feedstock for its 2.93 mln tpa cracker, which is currently running at reduced rates, as per Reuters. The cargoes are lik...
Both sellers and buyers are pronouncing decrease expectations in Russia and Ukraine for the near term in the spot PP, PE and PVC markets, as per ChemOrbis. Sellers affirm the weak stance ...
Novatek, Russia's top non-state natural gas producer, has won a deal to supply naphtha to Brazilian group Braskem from its Baltic terminal of Ust-Luga, as per Reuters. The Russian major p...
US propane and propylene stocks rose 300,000 barrels to 75.9 million barrels in the reporting week that ended Friday, Energy Information Administration data showed, as per Platts. Midwes...
Essar Oil has sold a naphtha cargo to Shell at about US$32/ton above Middle East quotes on a free-on-board (FOB) basis, with premiums holding steady with two previous deals, as per Reuter...
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