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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
Players in China and Southeast Asian report that import PE prices for July are being announced with decreases, as per ChemOrbis. Sufficient stock levels, softer upstream costs and disappo...
Oil prices fell in Asia on rising US crude stockpiles while traders amid market disappointment over muted stimulus measures from the Federal Reserve and downgrade to the US outlook. New ...
Enterprise Products Partners L.P. announced that it plans to build one of the world’s largest propane dehydrogenation (PDH) units on the Texas Gulf Coast, with the capacity to consume up ...
Taiwan’s Formosa Plastics Group (FPG) has resumed production at 54 out of the complex’s 66 units at its petrochemical complex in Yunlin County, shut adhoc by a power failure mid week. An ...
This week, Chinese and South Korean PET producers have lifted their export offers, which had steadily moved downwards since the beginning of May, as per ChemOrbis. China’s domestic market...
In line with its strategy to focus on specialty chemicals and ingredients, Azelis has announced the sale of the Thermoplastic Polymers Business Area within the Azelis Group to Gazechim Pl...
West Bengal government has taken over management of Haldia Petrochemicals Ltd (HPL) by installing a managing director (MD) of its choice, outmanoeuvring private entrepreneur Purnendu Chat...
The Calcutta High Court refused to pass an interim stay on any proposal for transfer of shares of Haldia Petrochemicals Ltd (HPL) to Indian Oil or ONGC. Justice Indira Banerjee, while ref...
CB&I has been awarded a contract valued in excess of US$40 mln by Nizhnekamskneftekhim OAO (NKNK) to provide front end engineering and design (FEED) services for a new ethylene plant. The...
Open-spec naphtha for front-month H1-August was at US$732/ton in Asia, while margins were 20.5% lower at US$18.15/ton premium. Naphtha price in Asia lingered near a 21 month low on Wednes...
Jacobs Engineering Group, Inc. was awarded a contract from Chevron Phillips Chemical Company LP (CPChem) to provide front end engineering and design (FEED) services for two polyethylene f...
Officials with Chevron Phillips broke ground for the world’s largest on-purpose 1-hexene plant capable of producing up to 250,000 metric tpa at the company’s Cedar Bayou Chemical Complex ...
Formosa Petrochemical Corp. group's Mailiao port in Taiwan was shut earlier in the day due to Tropical Storm Talim and will remain shut until a storm warning is canceled, as per Dow Jones...
A power outage at Formosa’s Mailiao refinery and petrochemical complex shut two naphtha cracking units on Wednesday, impacting production of olefin. The outage affected the 1.03 mln tpa N...
Very similar to this year, PVC markets were falling in June 2011 both in China and Turkey with Asian offers being revealed with decreases for July shipments, as per ChemOrbis. Sluggish de...
The Managing Director of the ailing Haldia Petrochemicals Ltd. (HPL), P. S. Bhattacharyya, has stepped down on personal grounds. He joined HPL in April 2011 after superannuating from Coal...
Asian benzene fell by US$13.50/mt or 1.3% day on day to US$1000.50/mt FOB Korea June 19, on the back of lower crude and US benzene prices, as per Platts. Since downstream demand across th...
Petrochemicals production capacity in the six member Gulf Cooperation Council (GCC), grew 13.5% year on year in 2011 to 116 bln tpa, as pe rGulf Petrochemicals and Chemicals Association r...
India's newest refinery Hindustan Mittal Energy Ltd (HMEL) has re-offered its first naphtha cargo for export after failing to sell it previously because of low bids, as per Reuters. HMEL ...
Naphtha prices in Asia for front-month H1-August eased by about 3.5% to plunge to ts lowest in nearly 21 months at US$733/ton, dragged down by Brent crude, which reached a 16-month low, a...
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