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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 naphtha stood at a four-session high of US$986/ton on Friday, as margins hit a four-month high of US$136.70/ton amid strong deman, as per Reuters. South Korea's LG Chem bought 25,...
Amid tighter supplies and concerns over the possibility of cargoes moving West supporting the market, state-owned Bangladesh Petroleum Corporation (BPC) has issued a tender to sell 170,00...
PetroChina Daqing Petrochemical Co. completed construction of a unit at its plant in northeastern China and raised the annual crude-processing capacity to 10 million metric tons, as per B...
Up to 18% of US ethylene producing capacity had been reduced or shut since last Monday by Hurricane Issac's passage through Louisiana, according to Platts' estimate. 11 olefin plants loc...
Import PVC offers to China have been steadily firming up since the beginning of July, as per ChemOrbis. With September business being concluded higher these days, players believe that fur...
U.S. crude oil prices fell on Wednesday as Gulf Coast refineries and platforms seemed to have escaped damage from Hurricane Isaac, while global stocks were little changed as traders looke...
Enterprise Products Partners L.P. (announced the start of a binding open commitment period to determine additional shipper demand for capacity on the partnership's Appalachia-to-Texas ("A...
Socar Trading, a unit of Azerbaijan's state oil firm, bought its first naphtha cargo from India's Oil & Natural Gas Corp (ONGC) at premiums of about US$31.50/ton to Middle East quotes on ...
Gasoline and naphtha refining margins in Europe stayed firm on Wednesday, supported by the large amount of refining capacity that has been taken off line in the United States, as per Reut...
The board of directors of Israel Petrochemical Enterprises Ltd has approved the sale of a 45% stake in its Avgol Ltd subsidiary to London-based private equity company Ethemba for US$106.8...
West Bengal Finance Minister Amit Mitra will head the group of ministers (GOM) that has been formed to look into the affairs of cash-starved Haldia Petrochemicals Ltd (HPL) and suggest me...
Naphtha in Asia spiked to a three-session high of US$982/ton while margins rose by over 9% to hit a four-month high of US$134.5/ton, as per Reuters. Prices continue on an uptrend amid tig...
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 R...
CB&I has been awarded a contract by the Hebei Haiwei Group for the license and basic engineering design of a grassroots propane dehydrogenation unit to be located at Jingxian in China’s H...
The Dow Chemical Company is introducing new polyolefin-based technologies and bringing next generation solutions to the market to help harness the power of the sun and turn it into cost-e...
Shell Chemical's operations in Louisiana remained shut or running at reduced rates on Wednesday as Isaac moved across the southeastern part of the state, as per Platts. Shell shut its G...
Ineos has announced an increase on its S-PVC product range effective 1 September. List prices for INEOS ChlorVinyls Suspension PVC grades have been increased by Euro 170/mt with effect fr...
Naphtha price in Asia fell to a low of US$962.5/ton tracking Brent crude losses but intermonth premiums stayed at a five-week high, supported by vibrant spot demand, as per Reuters. Inter...
Shell Oil, one of the largest oil and gas operators along the U.S. Gulf of Mexico, said on Tuesday it shut in several key crude pipelines and terminals ahead of Hurricane Isaac and was in...
A weakening dollar and shut in of most oil and gas production in the US Gulf of Mexico due to the onslaught of Hurricane Isaac have helped prop up oil prices. Oil on the Nymex fell to US$...
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