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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
Mitsui Chemicals, Inc. has announced establishment of a new company for functional polymeric materials, Mitsui Chemicals Functional Composites (Shanghai) Co., Ltd., in the Jinshan Distric...
The reins of Plastindia Foundation will be handed over to Shri Bipin Shah and the New Managing Committee who will definitely have an image building task comparing the achievement of last ...
Bipin Shah the newly elected president of PlastIndia Foundation unveiled his road map for the next three years will include areas of work like Image of Plastics, Solid Waste Management,...
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 ...
Prices in the US$3 trillion-plus global petrochemicals market rose 7% to US$1262/mt) in August, according to the just-released monthly average of the Platts Global Petrochemical Index (PG...
A spate of unplanned production outages in the NWE high density polyethylene (HDPE) triggered gains in spot prices, industry sources told Platts. Ineos declared force majeure on HDPE su...
In an unexpected move, India's Reliance Industries has offered 75,000 tons of naphtha for for Sept. 25-30 loading from Sikka. Traders had not expected the refiner to have any exports this...
By early afternoon in Europe, benchmark crude for October delivery rose by a dollar to US$96.4 on the Nymex, while in London, Brent crude rose to US$113.9 on the ICE Futures exchange. Oil...
Russian oil major Rosneft plans to invest 173 bln roubles (US$5.36 bln) to build a petrochemical plant in the Far East, as per CEO Igor Sechin reported by Reuters. "Today it (the constru...
Indonesian petrochemical major- PT Chandra Asri Petrochemical plans to buy back senior secured guaranteed notes worth US$185 mln that are due to mature in 2015. The bonds are the remainin...
Spot naphtha prices on a CFR Japan basis have reached a four month high, putting upward pressure on polymer prices in Asia, as per ChemOrbis. Spot naphtha prices currently stand nearly U...
Saudi Aramco and France's Total have started testing their new refinery at Jubail, three sources with knowledge of the project said, raising the prospect of full operation of the US$14 bl...
Polyplastics Co., Ltd. announced on September 4 the completion of the acquisition of 100% ownership of LCP Leuna Carboxylation Plant GmbH ("LCPG"), a German supplier of p-HBA (p-hydroxybe...
South Korea's LG Chem has bought 50,000 tons of naphtha at US$18.50-19/ton above Japan spot quotes on a cost-and-freight (C&F) basis, highest premium it has paid in nearly 4-1/2 months on...
Oil on the Nymex for October delivery inched up to US$95.3 in Asia, while Brent crude dipped to US$114 on the ICE Futures exchange in London. US new car and truck sales rose 20% in Augu...
The Chatterjee Group (TCG), co-promoter of Haldia Petrochemicals, is ready to approach lenders along with the state government for raising the working capital limit of the beleaguered pet...
A subsidiary of Foster Wheeler’s Global Engineering and Construction Group has been awarded a contract by Shell Global Solutions International B.V. to develop a basic engineering package ...
Asian benzene prices fell by US$15/mt (1.3%) day on day to US$1176.5/mt FOB Korea Wednesday, amid lower US benzene and crude oil prices. In the US, prompt benzene fell to US$1249/mt FOB U...
LANXESS is building the world's largest plant for EPDM synthetic rubber in China. The German specialty chemicals company is investing EUR 235 mln in the 160,000 tpa plant in Changzhou (Ji...
In line with lower Brent crude, naphtha price in Asia eased to a two-session low of US$997/ton on Wednesday. However, margins, or cracks, rose for the fifth straight session to a 4-1/2 mo...
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