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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 price moved toward a one and half week high of US$862/ton, while margins surged nearly 20% to week's high of US$70.2/ton premium as strong European demand supported the East...
Russia’s number one petrochemicals group Sibur has signed a set of strategic partnership agreements with the country’s third ranked oil producer, TNK-BP allowing the firms jointly to expl...
President Obama has imposed new US sanctions on Iran designed to deter Iran or other countries from establishing payment mechanisms for the purchase of Iranian crude that circumvent alrea...
Sabic's Innovative Plastics is significantly boosting capacity for its STAMAX long glass fibre-filled polypropylene (LGFPP) composite resins at its manufacturing facility in Genk, Belgium...
Inner Mongolia ChinaCoal Mengda New Energy & Chemical Industry Co., Ltd., a subsidiary of China National Coal Group Corp., has signed a license agreement with Union Carbide Chemicals & Pl...
Indorama declared a customary force majeure (FM) last week when production at the Ethylene Oxide and Glycol plants of Indorama Ventures (Oxide and Glycols) Ltd, in Texas, USA was taken of...
Japan's Maruzen Petrochemical Co Ltd’s Keiyo Ethylene unit would restart its sole naphtha cracker, which has an annual production capacity of 768,000 tons of ethylene, on Thursday. The cr...
The Chatterjee Petrochem (Mauritius) Company (CPMC), a TCG (The Chatterjee Group) has raised objection the appointments of Sumantra Choudhury and Jamshyd N. Godrej as the managing directo...
A group has been protesting against scale expansion at the sixth naphtha cracker plant outside Yunlin County Government offices, urging the government to release the results of a commissi...
Over the past week, propylene prices followed opposite paths in Europe, Asia and the US, as per ChemOrbis. Higher spot naphtha costs when compared to early July pushed spot propylene offe...
Dung Quat, Vietnam’s only oil refinery, received various tax incentives from the government last week, including a four-year income tax exemption. Apart from the exemption, Binh Son Refin...
Oil prices were mixed in Asian trade as investors await further measures by policymakers to boost the ailing Euro zone and US economy, as per PTI. New York’s main contract, light sweet cr...
The global polyethylene industry experienced strong growth over the last five years and is expected to continue advancing as it reaches approximately US$148.1 bln in 2017 with a CAGR of 3...
Naphtha price in Asia rose to a week high of US$853/ton on Monday, while margins snapped five straight sessions of losses by jumping 20% to reach a two-session high of US$58.9/ton on tech...
Several major global polymer producers have reported reduced profits or even losses on their second quarter results, as per ChemOrbis. Producers cited disappointing global demand, higher...
Polish oil refiner PKN Orlen SA (PKN.WA) is not holding talks on the sale of its petrochemical unit Anwil or its parts, as per foxbusiness.com. PKN Orlen said late last year it was cons...
Oil & Natural Gas Corp (ONGC) and its subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL) have sold a total of 70,000 tons of August naphtha at lower premiums amid slower demand, ...
In Egypt, at the beginning of June, domestic PP producer EPPC had applied for protection fees to be implemented on import PP raffia materials entering the country, as per ChemOrbis. Upon ...
KraussMaffei is on course for worldwide success after the market launch of its new GX series. At Fakuma, the focal point of the presentation will be a thermoplastic lightweight applicatio...
An initial price nomination for the August US polymer-grade propylene contract calls for a rollover from July, as per Platts. PGP contracts last settled for July at 52 cents/lb (US$1146/m...
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