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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
Egypt’s PP market witnessed a great deal of volatility in June due to confusion regarding the implementation of a new protection fee announced on import homo-PP prices effective as of Jun...
Qatar Petrochemical Company (QAPCO) has confirmed that the planned US$ 5.5 bln Ras Laffan Mega Petrochemical Complex Project is on schedule in accordance with the original timetable and s...
Japan's Mitsui Chemicals Inc said it expects to restart its 500,000 tpa Osaka naphtha cracker around July 31 following planned maintenance, delayed slightly from its initial plan of July ...
JG Summit Holdings Inc. is on track to finish an US$800 mln (P34 bln) naphtha cracker plant by Q1-2014, as per businessmirror.com. The naphtha cracker facility will help boost annual reve...
Benchmark oil for August delivery inched up to US $80.5 in electronic trading on the Nymex. The contract rose 85 cents to settle at US$80.21 in New York on Wednesday. In London, Brent c...
Jacobs Engineering Group Inc. was awarded a design contract from Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (SABIC), to develop a process design...
India's Oil and Natural Gas Corp Ltd (ONGC) has sold a 35,000 ton July naphtha cargo to Gunvor at about US$19.50/ton above Middle East quotes on a free-on-board (FOB) basis, for July 14-1...
Manufacturers of charger cable for electric vehicles (EVs) now have more cost-effective alternatives to other elastomers in both insulation and jacketing with two Flexalloy® PVC elastomer...
The strain is beginning to show on China’s plastics imports amid an admitted slowdown in economic growth. Cumulative imports through May 2012 reached a figure of 6.255 mln tons, as per C...
South Korea’s GS Engineering & Construction and Italy's Saipem have been awarded deals to expand the Rabigh II petrochemical complex in Saudi Arabia, a JV between Saudi Aramco and Japan's...
Just as suppliers to China are attempting to put the brakes on falling PP prices, Italian players report they still expect to see important price reductions in July, as per ChemOrbis. PP ...
Oil prices plunged on Monday as eurozone debt concerns offset production stoppages in the Gulf of Mexico and Norway, as per AFP. New York's main contract, light sweet crude for delivery ...
Jacobs Engineering Group Inc. has been awarded a design contract from Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (SABIC), to develop a process d...
Technip has been awarded by ZapSibNeftekhim LLC (an affiliate of JSC Sibur Holding) two front end engineering and design (FEED) contracts for plants located in Tobolsk in the Tyumen Regi...
The global market value of polyurethane will rise in the coming years, with thermal insulation potentially becoming a key material application, predicts a new report by business analysts ...
Taiwan's Formosa Chemicals & Fiber Corp.'s No. 3 SM plant in Mailiao is running at 70% of its 600,000 tpa capacity after restarting over the weekend, as per Platts. Currently, the produce...
Amid firmer prompt US benzene prices and crude oil , benzene in Asia surged by US$27/mt or 2.7% day on day to US$1038.50/mt FOB Korea June 26. In the US, benzene climbed to US$1291/mt FOB...
Asia's naphtha market strengthened on Tuesday, with the prompt July/August intermonth swaps value climbing to its highest in more than three weeks on expectations of lower Indian and Euro...
Russia's biggest petrochemical holding, Sibur, is likely to decide on a possible initial public offering (IPO) and/or attracting a strategic partner by next summer, as per Platts. Current...
In a bid to serve customers throughout Africa, PolyOne Corporation has announced plans to open a new facility in the Montague Gardens industrial precinct in Cape Town, South Africa. ...
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