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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
Russia’s closed joint-stock company Tver oil refining complex is studying the issue of building petrochemical production facilities in Zhytomyr region, as per Interfax. The press service ...
China's Ningbo Mitsubishi Chemical will continue to run its 600,000 mt/year purified terephthalic acid plant in Ningbo, China, at full capacity for now despite negative margins, as per Pl...
As Brent crude spiked, naphtha price continues to linger around a 6 week high of US$844/ton at the end of last week. Inter-month premium extended gains to stay at two-month high of ten do...
CB&I has been awarded a contract by PETRONAS for the license and engineering design work for five petrochemicals units. The project is part of the new refinery and petrochemicals integrat...
Traders have made provisional bookings for 250,000 tons of European and Mediterranean naphtha to arrive in Asia in August. This booking comes about two weeks after securing bookings for 1...
USA has imposed Iran with more sanctions aimed at stifling its nuclear program. Concerns abound that these sanctions will eventually lead to a military conflict in the Gulf, propping up b...
US propane and propylene inventories in USA rose 1 mln barrels, to 63.2 mln barrels, during the week ended Friday, data from the Energy Information Administration as per Platts. Midwest ...
PetroChina Co Ltd. Has announced plans to bring on stream a new 800,000 tpa ethylene unit at its Fushun refinery in October. With this capacity addition, total ethylene capacity at the re...
Players in Southeast Asia report that PE prices moved higher over the past week in accordance with stronger regional trends and higher upstream costs, as per ChemOrbis. Prices are expect...
Bharat Petroleum Corporation (BPCL) has entered into a joint venture agreement with Korea’s LG Chem to set up a petrochemical plant with an investment outlay of Rs 6000 crores. The petroc...
Oil & Natural Gas Corp. (ONGC) has offered to sell a cargo of naphtha for August 5-6 loading, from Hazira port, as reported by Bloomberg.
South Korea's Honam Petrochemical has bought at least 50,000 tons of naphtha for August-September delivery, reflecting brisk demand amid tighter supplies, as per Reuters. However, Samsung...
Oil fell to near $85 on Thursday as signs of slowing global economic growth offset hopes that central banks will soon implement stimulus measures. Benchmark oil for August delivery dipp...
India's Bharat Petroleum Corp Ltd (BPCL) sold an August naphtha cargo from Kochi to Cargill at about US$26/ton above Middle East quotes. This marks an 85% increase from a previous sale fr...
INEOS Technologies has announced that is has licensed its Innovene G, Innovene S and Innovene PP processes to ZAO “VOSTOCHNAYA NEFTECHEMICHESKAYA COMPANY” (ZAO VNHK), a subsidiary of OJSC...
Processing of polymeric materials is still not well understood and there is a need to have a greater interaction between Academia and Industry. To promote such a dialogue, PPA has planne...
PET prices were on a bearish trend for over four months, in line with plunging feedstock costs while the high season for PET applications failed to kick in to put a cap on the downward tr...
Asia's naphtha price reversed losses to reach a three-session high of US$825/ton on Wednesday while margins surged nearly 11% to hit a two-month high of US$84.8/ton premium as demand stre...
Reliance Industries has renewed a quarterly contract with Qatar to buy 50,000 tons of gas-to-liquid (GTL) naphtha for August-October loading, as per Reuters. The premium was fixed at abou...
A technical audit of Haldia Petrochemicals (HPL) would be carried out to assess the condition of the machinery of the plant, as per EconomicTimes. HPL plans to ramp up level of polymer ...
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