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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
South Korea's Honam Petrochemical is seeking unspecified volumes of naphtha for July 2012 to June 2013 delivery to Daesan and Yeosu ports through a term tender at a time of soft prices, a...
Oil prices dropped to US$83.2 at the start of this week on uncertainty about Europe's future. New developments on the Eurozone political front indicate that results of elections in Greece...
Two new grades of Specialty Multi-wall CNT have been developed by SouthWest NanoTechnologies (SWeNT) in its SMW™ line. These materials are used as additives that enable higher electrical ...
Alfa Laval has received an order to supply of Alfa Laval Packinox heat exchangers from a refinery in South Korea. The order value is about SEK 120 million and delivery is scheduled for 20...
Spot ethylene prices across the globe posted renewed losses over the past week, as per ChemOrbis. Consecutive falls in major markets including Europe, Asia and the US were driven by fluct...
Asia's naphtha margins rose for the third session on Monday, by about 21% to almost 10 day high of US$28.70/ton premium, as per Reuters. Demand appeared stronger compared to last week, wi...
India's Bharat Petroleum Corp Ltd sold 35,000 tons of July naphtha to Total at about $14 a tonne above Middle East quotes on a free-on-board basis, unchanged from levels Mangalore Refiner...
New naphtha crackers planned to be constructed in Latin American countries have been either put on hold or being reviewed due to increased shale gas production in the US, which has attrac...
Japan's Mitsubishi Chemical Corp has won government approval to skip annual maintenance shutdowns at its two Kashima naphtha crackers, so that both crackers are not shut in the same year,...
Benzene prices in Asia gained US$13.50/mt (1.3%) from June 15 to US$1014/mt FOB Korea June 18, on the back of firmer styrene prices. However, the increase was dampened by a rollover of th...
Winstar, an associate of The Chatterjee Group and an investor in Haldia Petrochemicals Ltd, has moved an application to stop the board meeting of HPL. Mauritius-based Winstar holds 7.55% ...
Mitsubishi Chemical Corporation (MCC), a subsidiary of Mitsubishi Chemical Holdings Corp., has decided to implement a structural reforms of basic petrochemicals business at the Kashima Pl...
Ethylene production in Japan plunged by 11% in May 2012 vs levels seen in May 2011 to 492,200 tons, data from the Ministry of Economy, Trade and Industry showed as per Reuters. Ethylene o...
Brent crude saw a two dollar drop in prices this week, as concerns about the euro zone debt crisis reduced demand for riskier assets. Earlier in the week, Spain and Italy’s borrowing cost...
Tecnicas Reunidas has won a contract to build a US$400 mln ABSplant in Saudi Arabia for SABIC. The contract tasks Tecnicas with the detailed engineering of the plant, the purchase and sup...
Total Petrochemicals France has been put under a manslaughter investigation over a blast at the Carling petrochemical plant that killed two people, as per Reuters. This month, an investig...
Exxon Mobil Corp has reported a naphtha leak at its Baton Rouge, Louisiana, chemical plant on Thursday, a day after it reported a butane leak from internal piping at its neighboring 502,0...
OPEC ministers meeting in Vienna are believed to be debating how much oil to produce amid weak growth of the global economy. Oil on the Nymex rose by over a dollar to US$83.8 while Brent ...
Rome-based Assobioplastiche and the Bangkok-based Thai Bioplastics Industry Association have reached a five-year pact, as per plasticsnews.com. “The agreement signed today will create a p...
The Canadian Plastics Industry Association (CPIA) released a new report informing Canadians that their recycling efforts have increased the amount of post-consumer plastic packaging being...
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