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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
The PP market in China jumped up in early July, finding support from the bullish upstream developments, as per ChemOrbis. This cost-push rally was important as it ended a two month downwa...
Oil rose to near US$89 a barrel in Asia amid hopes China and the U.S. will take new steps to bolster their economies. Benchmark crude rose to US$88.61 a barrel at midday Bangkok time in e...
After skipping July exports, India's Hindustan Petroleum Corp Ltd (HPCL) has sold 25,000-30,000 tons of August naphtha from Vizag port to Total after skipping July exports, as per Reuters...
Naphtha in Asia hovered at a 1-1/2 month high of US$870 on Tuesday while margins remained at a two-month high of US$93.30/ton premium, supported by unusual demand from Japan. Demand from ...
Asahi Kasei Chemicals Corp has secured naphtha supplies to meet the requirements of its 504,000 tpa Mizushima cracker until late August. The Japanese major will continue to import for Sep...
Asian benzene fell by six dollars/mt (0.5% day on day) to US$1175/mt FOB Korea on Tuesday, as the arbitrage window to the US Gulf narrowed, with US September benzene falling 10 cents/gal ...
As part of its program to expand in South East Asia, Thailand's largest energy firm PTT Pcl plans to invest US$2-3 bln in projects in Myanmar, including a 150,000 bpd refinery, coal mines...
For the first time since January 2012, Asian Contract Price in July for paraxylene ended without any settlement, as two of the four sellers were not able to settle at the same price with ...
The large number of visitors at the Open Day clearly demonstrated the strong roots of the automation business segment of KraussMaffei in Schwaig/Oberding. Over 1,000 visitors celebrated t...
Spot ethylene prices posted sharp increases in major olefin markets including Europe, Asia and USA over the last week. Soaring ethylene values were triggered by increased buying interest,...
Linde Philippines Inc, a member of The Linde Group, announced that it had been awarded a contract by JG Summit Petrochemicals Corporation to install and operate nitrogen and hydrogen on s...
Naphtha price in Asia climbed by a dollar at the beginning of the week to hover around a 1-1/2-month high of US$845/ton amid strong Brent crude, while margins hit a two-month high of US$8...
South Korea's YNCC has restored run rates at its 1.9 mln tpa to 100% at its naphtha cracking complex on Monday amid improved petrochemical profits, as per Reuters. Improving demand from C...
CPC Corp has restarted its No. 4 naphtha cracker at the weekend following a two-week shutdown for repair works. However, the Taiwanese major will skip buying spot naphtha all through Q3-2...
New York's main contract, light sweet crude for August delivery, dipped to US$86.7 a barrel and Brent North Sea crude for delivery in August retreated to US$102.3. Oil prices have fallen ...
The Johor government and Taiwan's CPC Corp (formerly known as Chinese Petroleum Corp) have signed an agreement early last week to build a US$10.99 bln (35 bln ringgit) petrochemical compl...
India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold gasoline, gasoil and naphtha at sharply higher premiums in reflection of strong fundamentals, as per Reuters. 25,000 ton...
CIPET Aurangabad has organized a “Plastics Manufacturing Process -Recent Trends ,Trouble shooting & Quality Control” from: 25 July 2012 to 28 July 2012. The course is sponsored by SIDB...
In Egypt, Middle Eastern producers had approached the PE market at the start of July with lower prices as compared to June offer levels, as per ChemOrbis. As the month of July proceeded, ...
BASF globally has been named the world’s most transparent chemical company, in a new global ranking by non-governmental organization Transparency International. BASF was also the top rate...
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