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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 government of West Bengal will examine a request by the Indian Oil Corporation to provide a berth to it on Haldia Petrochemicals board. Further, IOC had been urged by the HPL manageme...
Despite lower energy prices for most of last week, spot ethylene and propylene prices in Asia followed a steady to slightly firmer path following relentless decreases earlier in June, as ...
Naphtha prices in Asia rebounded from a near 21 month low to reach a three-session high on Monday while margins rose for the third session to a 5 session high of US$28.35/ton premium, as ...
Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil announced they will construct a world-scale specialty elastomers facility at the Al-Jubail Petrochemical Company (K...
Oman Oil Company (OOC) and International Petroleum Investment Company (IPIC), owned by the Government of Abu Dhabi have formed a joint venture company to own and manage the development of...
Honam Petrochemical has agreed to pay a higher price for naphtha supplies arriving in a 12-month period starting July 2012 versus cargoes being delivered in January-December 2012, as per ...
Saudi Arabia’s state oil giant Saudi Aramco and Japan's Sumitomo Chemical are close to signing multi-billion-dollar contracts to expand their petrochemical complex in Saudi Arabia, as per...
Players in Southeast Asia report that domestic PVC prices within the region are set to move lower for July in line with softening July import prices, strong resistance from buyers and dec...
Enterprise Products will build a world-scale propane dehydrogenation (PDH) unit on the Texas Gulf coast, with the capacity to consume up to 35,000 bpd of propane to produce up to 1.65 bln...
Vietnam’s oil and gas company- Petrovietnam group will sell shares in its subsidiary, Binh Son Refining and Petrochemical Co which is the operator of the country's only oil refinery, to t...
Naphtha spot prices in Asia fell to a 21month low on Friday to below US$700/ton (€560/ton), tracking the losses of global energy values and perpetually bearish sentiment, as per ICIS. The...
Brent crude oil ended the previous week below US$90 – levels not seen since December 2010. The market has been shrouded by weak demand expectations for crude triggered by the eurozone deb...
Japan's naphtha imports for the petrochemical sector fell 10% in May 2012 from May 2011, as per Reuters. Imports of naphtha for ethylene production totalled 1.01 mln tons last month, down...
Asian benzene rose by US$15/mt or 1.5% week on week to US$1015.50/mt FOB Korea June 22, amid strong demand for prompt cargoes, despite falling crude prices. Day on day, the marker was dow...
Price of all grades of RIL Polypropylene remain unchanged. RIL has offered price protection with effect from 21st June 2012 till 1st July 2012 or the next price change whichever is early....
Naphtha price in Asia continued to fall to dip to almost 21-month lows of US$706.50/ton due to weaker Brent crude, as per Reuters. However, naphtha margins jumped nearly 11% to reach a tw...
Partial production suspension at some units of Formosa’s Yunlin petrochemical complex due to a power failure could impact the combined sales of its four core companies. The loss is estima...
Maruzen Petrochemical Co. resumes operations at its 525,000 metric tpa ethylene plant in Chiba after scheduled maintenance that began on May 9, as per Bloomberg.
Aither Chemicals LLC announced signing of a memorandum of understanding with Bayer MaterialScience to launch an "Open Season" for ethylene from a potential catalytic ethane cracker in the...
Technology company The Linde Group has received an engineering contract for the licensing and front end engineering design (FEED) of one of the world's largest ethylene plants in Tobolsk,...
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