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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
Shell Oil, one of the largest oil and gas operators along the U.S. Gulf of Mexico, said on Tuesday it shut in several key crude pipelines and terminals ahead of Hurricane Isaac and was in...
A weakening dollar and shut in of most oil and gas production in the US Gulf of Mexico due to the onslaught of Hurricane Isaac have helped prop up oil prices. Oil on the Nymex fell to US$...
Equate Petrochemical Company plans to restart its ethylene glycol (EG) unit by mid-November 2012. An Equate official added, “This was a change in schedule from what was issued on Augus...
Seven years after the devastating impacts of Hurricane Katrina, the US Gulf Coast is on alert again due to Tropical Storm Isaac, which was on the verge of becoming a hurricane, according ...
Naphtha in Asia slipped nearly 2% to dip to a four-session low of US$973.50/ton on Tuesday, but intermonth premiums rose for the fifth session to peak to a five-week high on steady demand...
Forecasters report strengthening of Isaac into a Category 1 hurricane with 75 mph winds. Oil prices have moved up as Isaac gathered strength on its way into the heart of the Gulf of Mexic...
Engineering conglomerate Larsen & Toubro will sell its plastics machinery business to Japan's Toshiba Machine as part of its strategy to exit non-core business and rationalise its portfol...
Although energy prices fluctuated over the past week, when September delivery crude oil contracts expired last Tuesday, they continued to stand noticeably above the levels in early August...
Japan's Mitsui Chemicals Inc plans to restart the 612,000 tpa naphtha cracker at its Ichihara plant in Chiba, a week after an unplanned shutdown, as per Reuters. The cracker has been shu...
New York's main contract, light sweet crude for October delivery spiked by over a dollar to US$97.50 a barrel and Brent North Sea crude for delivery in October spiked to US$114.99. Crude...
On Monday, olefins producers in Louisiana began bracing for the arrival of Tropical Storm Isaac. As per Platts, Williams plans to shut, for a week, its 612,000 tpa steam cracker in Geisma...
Strong gasoline demand, refinery maintenance and higher domestic need for naphtha are driving India's September exports down. September naphtha exports will be restricted to 550,000 tons,...
An eighth tanker was scheduled to transport naphtha from Europe to Asia in August according to shipbroker data reported in Bloomberg. This has taken the total volume of naphtha loading in...
Asia's condensate demand is expected to double by 2016 as refiners and petrochemical makers build splitters to process an abundant supply of the super light crude into raw materials for m...
Thailand's IRPC sold a total of 60,000 tones of heavy naphtha for September loading from Rayong port, more than its usual monthly exports, to a Japanese and Chinese buyer, as per Reuters....
The Reserve Bank of India (RBI) has submitted a proposal to the Ministry Of Finance and Ministry of Home Affairs for clearance. Upon clearance, RBI will float global tender for introducti...
Oil prices ended last week on a weaker note. Oil on the NYmex fell 12 cents to US$96.15, while Brent crude traded dipped to US$113.3 News of release of oil from the Strategic Petroleum R...
European polyethylene (PE) and polypropylene (PP) converters are becoming increasingly frustrated at what many see as unprecedented price volatility, as per ICIS, as they prepare themselv...
The National Tariff Commission (NTC) of Pakistan has imposed provisional anti-dumping duty on import of Biaxially Oriented Poly Propylene (BOPP) film from China, United Arab Emirates (UAE...
Turkey’s local PS market continues on a strong note with sellers adopting firm pricing strategies despite unsupportive demand in the post-holiday period, as per ChemOrbis. Market activity...
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