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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 has shut a naphtha cracker at its Ichihara plant in Chiba. The cracker has capacity to produce 612,000 tpa of ethylene and was shuttered due to problems with an electrica...
Western Europe’s production volumes for ethylene, propylene and butadiene in Q2 fell on the year as operating rates fell after a build-up of inventories, data released by the Association ...
The GCC petrochemical capacity is estimated to increase from 77.3 mln tpa to 113 mln tpa at the end of 2015, as per the Gulf Petrochemical & Chemicals Association (GPCA), with both long a...
Waterproof membranes have enabled dramatic changes in infrastructure and civil engineering. Water reservoirs, dams, landfill and road tunnels are key applications of geosynthetics. On r...
Asian polyethylene offers to Brazil rose by US$50-70/mt week-on-week, as per Platts. However, customers are not likely to accept the total increase because the bids at the moment are do...
Malaysia has initiated an anti-dumping investigation into Biaxially Oriented Polypropylene (BOPP) from Malaysia, as per a state agency under the Ministry of Industry and Trade. As per Sai...
BASF, Novozymes and Cargill have entered into a contract to develop bio-based technologies to synthesize acrylic acid using renewable raw materials. Acrylic acid is currently synthesized ...
Mexichem is mulling a US$1 bln ethylene 50:50 venture with Occidental Chemical Corp (Oxychem). The ethane based cracker is planned with a production capacity of about 500,000 tons of ethy...
Asian benzene rose by six dollars (0.5%) day on day to US$1150.50/mt FOB Korea amid short covering activity and firmer crude oil prices as per Platts. In the US, October benzene remained ...
Oil prices spiked to their highest level since May to end at US$96, on signs U.S. consumers are gaining confidence in the economy. Numbers from the US show positive economic data, drop in...
Honam Petrochemical Corp. bought a 25,000 ton naphtha cargo for delivery in second half of September to Yeosu, at a discount of 50 cents below benchmark Japan prices.
Reliance Industries Ltd is in talks with British oil giant BP to buy its petrochemical plant in Malaysia, as per Economic Times. It said the meeting between RIL and BP officials with rega...
Shell Oil Co. is proceeding with planning the layout of their proposed petrochemical plant. Talks are underway with potential business partners for supplying them land Monaca, about 40 mi...
PTT Global Chemical (PTTGC) will revise its 2011-20 investment plan worth US$11 bln (Bt347 bln) as a result of the euro-zone debt crisis and concerns over a slowing global economy, as per...
Williams Energy is mulling an investment of over US$800 mln to build a facility near Redwater to convert propane into a higher value feedstock for the petrochemical industry, as per The E...
The impact of global economic downturn has resulted in the slowdown in the construction industry worldwide. As more than 50% of the PVC is used in construction applications, there has bee...
Naphtha in Asia lingered near a 3-1/2 month high of US$960.50/ton on Thursday but margins fell by over 7% to a two-session low of US$86.45/ton on ample supplies, as per Reuters. Weak fund...
Mexican industrial conglomerate Mexichem is mulling a US$1 bln venture with Occidental Chemical Corp (Oxychem), to build a cracker that would be fully operational in 2016, as per Reuters....
Oil strengthened and continued to linger above US$94 a barrel on Thursday in Asia on report of an unexpected fall in crude stockpiles in USA amid stronger retail sales. Oil on the Nymex i...
India’s Reliance Industries Ltd. is in talks with BP PLC about buying the British oil company’s petrochemical plant in Malaysia, as per Economic Times. RIL has expressed interest in BP’s ...
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