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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 Asia have reported significant decreases in PET prices over the past week, with players attributing the decline to significant losses in spot prices for PTA...
Royal Dutch Shell Plc will partially shut its 500,000 bpd refinery in Singapore for a month-long maintenance starting around early July, as per Reuters. The company will shut a 110,000 bp...
Brent crude prices fell below US$99, pressured by uncertainty about the fragile economic recovery in top oil consumer the United States after its central bank chief offered few clues abou...
The Karnataka state government has sanctioned a special incentive package for the third phase expansion and upgradation project of Mangalore Refineries and Petrochemicals Ltd (MRPL), as p...
At it’s 38 annual meeting, Mukesh Ambani, Chairman of Reliance Industries Ltd. Announced plans to invest nearly Rs.1 lakh-crore over the next five years in India to build a stronger and m...
India's Mangalore Refinery & Petrochemicals Ltd (MRPL) sold a July naphtha cargo to Japan's Marubeni at premiums of US$18/ton above Middle East quotes on a free-on-board (FOB) basis, down...
Naphtha in Europe fell in line with crude and lost further ground after Taiwan's Formosa Petrochemical shut one of its three naphtha crackers for the next two weeks, as per Reuters. The s...
Construction is underway by The Dow Chemical Company for a new production facility for making ENLIGHT™ Polyolefin Encapsulant Films in Schkopau, Germany, scheduled for completion in late ...
In Asia and Europe, many producers have slashed run rates across the production chain in an attempt to bring supply back into balance with persistently sluggish demand while both monomer ...
The petrochemicals feedstock supply trend in the major geographies has change in the recent past. While the Middle East countries and Canada are facing lower ethane supplies, the US and B...
Nova Chemicals Corp had a fire at its Corunna petrochemical facility near Sarnia, Ontario, as per Reuters. The firefighters were dealing with a fire in a heater unit at the facility. No o...
A pioneering solution to control and extend the useful life of biodegradable polymers, which will create new opportunities to increase the antimicrobial resistance of agricultural films f...
Specialty chemicals company Perstorp has announced the transactional closing and set up of the joint venture with Thailand’s largest chemical producer PTT Global Chemical for the manufact...
Algerian state energy company Sonatrach plans to increase its investment to US$80 bln over the next five years in a bid to expand its gas resource base and boost its refining and petroche...
Naphtha intermonth premiums fell by almost half to US$1.50/ton in Asia on Wednesday amid weaker naphtha margins triggered by deteriorating demand at a time when supplies are expected to ...
A report showed a more than expected fall in US crude inventories by 1.8 mln, suggesting demand may be improving. This has propped up oil prices above US$85 a barrel in Asia. Oil on the N...
General Petroleum Corp (EGPC) is expected to award China's Unipec more than 50% of 630,000 tons of naphtha it offered in a tender for H2-2012 lifting from Suez, as per Reuters. A very sma...
Several leading global brands have joined hands to shift to plant based feedstock for packaging as crude oil prices continue to sky rocket. Coca-Cola Co., Ford Motor Co., H.J. Heinz Co., ...
The Planning Commission has proposed a slew of changes in the prevalent duty structure for the petrochemical industry for the new Plan period (2012-17). To begin with, it has urged the ce...
India’s economy grew by 5.3% in Q1, lagging well behind expectations of growth at 6.5% and the growth rate of 6.1% seen in Q4 2011, as per ChemOrbis. Rising inflation, reduced investment ...
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