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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
Sinopec’s, Tianjin Petrochemical Corp plans to shut down its 1 mln tpa ethylene complex for maintenance during till end of September for a 45 day shutdown. China's Sinopec Corp will shut ...
The Northwest Europe naphtha market is experiencing slow demand as petrochemicals and gasoline blenders remain on the sidelines, leaving buyers and sellers in a deadlock, as per Platts. A...
Oil prices have dipped globally as data showing weaker US energy demand prompted traders to sell, as per AFP. Brent North Sea crude for September dipped to US$113.6. Data from the America...
Turkey’s PP market lost its traditional premium over China in early June and mostly traded at a discount for one and a half months, as per ChemOrbis. In line with the upward trend that to...
Japan's naphtha imports for ethylene production in July jumped 25.2% month on month to 1.238 million mt, as per the Ministry of Economy, Trade and Industry, as reported by Platts. Durin...
Spot ethylene markets recorded noteworthy increases in major monomer markets including Europe, Asia and the US. The main driver behind the bullish trend was surging naphtha costs which co...
Indorama Ventures Public Co Ltd has complete resin asset acquisition of PT. Polypet Karyapersada with a capacity of 100,800 tons per annum at Cilegon, Indonesia through its wholly owned s...
US styrene arbitrages to Europe has opened. However, as styrene supply is tight in the US and two producers down, many sources said producers and traders are not looking to take advantage...
Formosa Chemicals & Fibre Corp. has shut a 300,000 m tpa styrene monomer plant in Taiwan following Sunday’s fire. The facility, part of the company's flagship Mailiao petrochemical comple...
At US$948, naphtha price in Asia has peaked to a 3-1/2 month high on Monday, while margins have dipped to a two-session low of US$96.30/ton premium as buyers have put on hold spot purchas...
South Korea’s YNCC interested in buying term naphtha, and sellers have reached a deadlock in their naphtha term talks due to gap in buying and selling ideas. As per traders in Reuters, la...
Co-promoters of Haldia Petrochemicals Ltd (HPL)- The Chatterjee Group (TCG) and West Bengal government appear to be cautiously treading the path of reconciliation as per livemint.com. The...
Japan's JGC Corp has inked a deal for expansion of ethane cracker for the Rabigh II petrochemicals complex owned by Saudi Aramco and Japan's Sumitomo Chemical, as per Reuters. The contrac...
In Europe’s naphtha market, refining margins jumped as traders anticipated a recovery in demand by petrochemical firms, which were said to be switching to naphtha from propane, as per Reu...
Naphtha price and margins in Asia have peaked to around three-month high. At the end of last week, naphtha was at U$$944/ton and naphtha margins were at US$99.65/ton as the marker found s...
Players in Southeast Asia report that regional PET prices have been moving higher in line with firmer upstream costs, with some buyers reporting that they have become more active in the m...
Prices in the US$3 trillion-plus global petrochemicals market rose 6% to US$1175 per metric ton (/mt) in July, according to the just-released monthly average of the Platts Global Petroche...
Thailand's IRPC Pcl will shut a deep catalytic cracking unit at its215,000 barrels per day (bpd) refinery for 10-15 days in lateSeptember or early October, as per Reuters. The cracker is ...
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB) has been granted Parts 79 and 80 registration from the U.S. EPA for the production and sale of advanc...
In the first four months of 2012, US chemicals output grew just 0.5% year-on-year (y-o-y), with the three month moving average for March and April seeing declines of 0.4% and 0.3% respect...
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