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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
Saudi International Petrochemical Company (Sipchem) affiliate, International Polymers Company (IPC), has signed a Shariah compliant SR1.4 bln (US$373 mln) loan deal with Saudi banks, Riya...
A large fraction of Asian naphtha demand is expected to be removed on a cracker outage and run cuts. As a result, naphtha prices in Asia lingered at its lowest in 1-1/2 years on Friday wh...
Brent crude has fallen below US$100 a barrel to levels last seen in December 2008 amid weak jobs data from USA where unemployment rate rose for the first time in 11 months, poor figures f...
Asia's naphtha price fell to its lowest level in 18 months at US$830/ton on Thursday and margins dived to a week low as sentiment sank on Asia's top buyer Formosa shutting the largest of ...
Taiwan's Formosa Petrochemical, Asia's top naphtha buyer, has shut the biggest of its three naphtha crackers in Mailiao due to low petrochemical margins, as per a company spokesman. The s...
The Dow Chemical Company announced that construction is underway for a new production facility for making ENLIGHT Polyolefin Encapsulant Films in Schkopau, Germany, scheduled for completi...
Bharat Petroleum Corp Ltd (BPCL) sold 18,000 tons of June naphtha to Unipec, bringing its total sales for June export to about 238,000 tons- about 41% higher than for May, as per Reuters....
US prices for ethylene reached a seven-month low in May, dropping below 50 cents per lb, as per PetroChem Wire. As per PetroChem Wire's chief editor. "Supply availability has been increas...
Indelpro's polypropylene offers to the Mexican domestic market slipped by 9 cents/lb this week for spot sales, as per Platts. Indelpro offered to the domestic market at 82 cents/lb CIF fo...
The world's largest publicly traded energy company Exxon Mobil Corp, plans to build a multi-billion dollar chemical plant at its Baytown complex in Texas to take advantage of cheap North ...
Reliance Industries Ltd has sold 75,000 tons of naphtha for June 24-27 lifting from Sikka at about US$25/ton above Middle East quotes on a free-on-board (FOB) basis, falling nearly 33% c...
State-owned oil giant Saudi Aramco is seeking to raise $12.5 billion in debt to help finance its joint venture with Dow Chemical, according to a report in Project Finance International (P...
Oil prices continued to fall in Asia, hitting multi-month lows as concerns over Spain’s banking problems intensified worries about the eurozone. Prices saw a fall on the previous day as t...
The PVC industry met at AMI’s PVC Formulation 2012 conference to debate the market trends and the latest recipes to improve the environmental performance of vinyl compounds. There are al...
Ethylene prices in Asia breached the US$1000/mt barrier in Asia for the first time since November 19, 2010 -- as falling crude amid weak demand and sentiments pressured prices lower, as p...
Advanced Petrochemical Company has been successful in completion of the regular routine and preventive maintenance of its propylene "PDH" and polypropylene "PP" and successful start up of...
Spot assessments on Mont Belvieu ethane for June delivery hit a three-year low – falling 4.75 cents to 34 cents/gal, as per Platts. The assessment was the lowest since 32.50 cents/gal on ...
According to data from Chinese Customs, the country’s total polymer imports slumped in April to the lowest level seen since the beginning of 2012. Overall April imports fell by 21% when c...
Polyplex Corp Ltd. (PPC), Indian manufacturer of polyester film plans to build a US$150 mln plastics plant in Turkey and plans another investment of US$500 mln within 5-8 years to produce...
The progress of various schemes of the ministry of chemicals and fertilisers for petrochemicals, including its flagship Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs),...
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