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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
As innovative new production technologies lower carbon fiber cost, the global market for carbon fiber reinforced plastics, or CFRPs, will more than double to US$36 bln in 2020, growing at...
India's Essar Oil has sold 35,000 tons of naphtha to Itochu for Oct. 26-30 loading from Vadinar at about US$31-32/ton above Middle East quotes on a free-on-board (FOB) basis, with traders...
An increasing number of buyers appear to have taken a wait and watch stance this week due to several reasons including volatile crude oil prices, poor end product markets, political tensi...
Baskem Idesa S.A.P.I. awarded to a joint venture formed by Odebrecht (40%), Technip (40%) and ICA Fluor (20%) a contract worth more than US$2.7 bln for the engineering, procurement and co...
Asian propylene prices fell by US$41/mt or 3% from Monday to be assessed at US$1344/mt CFR China on Wednesday despite there being no buyers from China or South Korea, Platts data showed. ...
India's Oil and Natural Gas Corp (ONGC) has sold 35,000 tons of naphtha to Total for Oct. 26-27 loading from Hazira at around US$30/ton above Middle East quotes on a free-on-board (FOB) b...
Benchmark oil on the Nymex for November delivery rose to US$88.3 per barrel at midday in Asia. On Wednesday, oil fell by 4.1% to US$88.14 per barrel in New York - its biggest decline sinc...
Independent Russian oil producer Lukoil has finally resumed production of ethylene and propylene at its Stavrolen complex after it shutdown post a devastating fire in December 2011, as pe...
Songwon Industrial Co., Ltd. has announced it has completed the capacity expansion of its OPS (One Pack Systems) production facility in Greiz, Germany. The capacity expansion project was ...
Reliance has announced the following PE price revisions wef October 1, 2012 · Decrease prices of all HDPE grades by Rs 3000/MT · Decrease prices of all LLDPE grades by...
Indian Oil Corp has announced revisions in domestic polymer prices with effect from October 1, 2012 HDPE/LLDPE: Roll over in prices LBM/PP: Prices reduced by Rs 2000/MT. IOCL has annou...
Last week sentiment in Southeast Asia’s PVC market began to shows signs of weakening, as per the ChemOrbis. The weaker sentiment even caused some players to change their outlook from inc...
The Asian benzene market edged down $0.50/mt from a day earlier to US$1210/mt FOB Korea on Wednesday, amid a weaker upstream energy complex, as per Platts. Upstream, November ICE Brent cr...
Oil on the Nymex fell to US$91.3 for November, while Brent November crude futures fell to US$110, ending Tuesday below two critical technical levels -- the 50-day moving average at US$112...
Asia's naphtha market erased gains on Wednesday, as petrochemical makers stayed on the sidelines over concerns about a slower economy. The prompt October/November inter-month spread slipp...
Plans by West Bengal state to turn its port town of Haldia into a Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) seem to be jeopardized by a decision taken at a cabinet...
KBR has been awarded a License and Process Design Package contract by Jiutai Energy Group (Jiutai) for its Methanol to Olefins (MTO) Recovery Project in Dalu New Area, Zhungeer Banner, Or...
Eastman Chemical started shutting its 272,000 tpa ethylene cracker No. 4 at its Longview, Texas, facility as part of a planned turnaround, the company said in a filing with state Commissi...
Westlake Chemical Corp is converting the feedstock for its Calvert City, Kentucky ethylene plant from propane to ethane along with increasing ethylene capacity from 450 mln lbs per year ...
Construction work on the Brahmaputra Cracker & Polymer Ltd (BCPL), popularly known as the Assam Gas Cracker Project is underway in full swing. The project is likely to be commissioned by ...
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