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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
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...
Yparex B.V. announced that it is the first supplier in the packaging industry to develop and commercialize an adhesive tie layer for multilayer packaging films that is bio-based (i.e. pro...
After a steady firming trend witnessed almost throughout the entire summer, PP prices have been sustaining the firm trend in global markets as producers announce price hikes one after ano...
BASF Corporation and Total Petrochemicals & Refining USA, Inc. (TPRI) announced the companies have signed agreements relating to the merger of two joint ventures and the change of the nam...
China and India are expected to drive the thermoplastic industry due to low-cost labor availability, and downstream processing capacity additions are anticipated to contribute to steady i...
Over the long-term, demographic changes are bound to sustain consumption growth and with the urban population set to grow to represent a third of the total population, more than 100 mln m...
India's largest flexible packaging company Uflex Ltd plans an investment outlay of US$250 mln on capex over two years, as well as to double turnover to around Rs 9,500 crore in three year...
Naphtha margins in Asia surged to almost US$140/ton above Brent prices as supply remained tight in the region, as per Reuters. Earlier this week, premiums for Indian cargoes were at more ...
Oil on the Nymex rose to US$97.2 in Asia while Brent crude inched up to US$115.9 on the ICE Futures exchange in London. Oil prices were propped up by a weakening dollar, despite easing o...
Formosa Petrochemical Corp reported the largest increase in monthly revenue among the Formosa Plastics Group’s four core companies, as per Taipei Times. The oil refiner said in the fili...
Amidst current automotive industry concerns about nylon 12 supplies, two new injection molding compounds based on nylon 6 /12 provide comparable performance in the fuel-line components th...
Organization Of Plastics Processors Of India has announced office bearers for the year 2012-2013. These include President : Mr. Paresh Parekh, Managing Director, National...
China Petrochemical Corp. (Sinopec Group) has set up a engineering and construction company specialized in building refining and petrochemical facilities, paving the way for further expan...
Moving into September, global ethylene costs jumped, driven by production issues and strong upstream chain, as per ChemOrbis. Spot ethylene prices posted noticeable increases in major mar...
Naphtha premiums in Asia surged, with spot barrels fetching morethan three-month high levels, as lower Indian exports and limited European shipments to Asia curbed supply, as per Reuters....
The largest petrochemical plant in Libya Ras Lanuf, a significant exporter of naphtha from Libya, has restarted its operations. The plant, that accounts for more than 50% of Libya’s oil p...
Oil prices started the week on a damp note on release of weaker-than-expected manufacturing data from China intensified concerns about the global economy. Benchmark oil for October deliv...
Singapores’ Ministry of Manpower has filed a charge against Shell Eastern Petroleum for safety lapses that caused a fire at Shell's Pulau Bukom oil refinery last September. A fire broke ...
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