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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
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 ...
Players in Southeast Asia report that they expect to see another round of PVC increases in September in line with firmer international trends, limited supplies and expectations that buyin...
BASF Plastic Additives Middle East and Astra Polymers have signed a new contract that will see the two companies continue to work together to produce Customer SpecificBlends (CSB) in the ...
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...
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...
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