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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
Leading naphtha supplier to Asia- Saudi Aramco has offered naphtha supplies for H2-2012 at premiums of US$25-33/ton to its own price formula, making these the highest offers it has ever q...
Qatar Petrochemical Company is re-examining the feasibility of a US$6 bln expansion of the Ras Laffan Petrochemical Complex as global demand increases, Total E&P Qatar Managing Director S...
This week, players in China’s PE market are expecting to see further price reductions, as upstream costs continue to dip while buyers prefer to wait in the sidelines to see more competiti...
The Calcutta High Court today restrained Chatterjee Petrochem (Mauritus) Company Ltd (CPMCL) by an order of injunction from acting upon its request of adjudication at the International Ch...
The global trend is downwards for PE as demand is lackluster partly because ethylene costs have slumped due to plummeting energy prices in major markets, as per ChemOrbis. Accordingly, se...
Bharat Petroleum Corporation Ltd (BPCL) has proposed to set up petrochemical complex near its Kochi refinery in a joint venture at an investment of about Rs 4,000-5,000 crore, expected to...
China's consumption of plastic could grow by up to 7% in 2012 after stalling in 2011, but the rebound will not be enough to melt a regional supply glut that will curb the output of plasti...
Nylon polymer producer Invista has invested over US$40 mln in research and development spanning four years on two continents to develop what it describes as "a revolutionary technology" t...
Oil prices ended the previous week on a six-month low on growing concerns that Greece will have to exit the euro system. Futures declined as this is expected to compound Europe's debt tro...
Players in Southeast Asia’s PVC market are bracing for decreases in the month of June despite steady demand in the region, as per ChemOrbis. Sources commented that falling upstream costs...
In the long-term industry will have to find substitutes for fossil fuels as supplies diminish and costs rise: so what is a sustainable resource for synthesis of conventional plastics? At...
Japan's naphtha imports for the petrochemical sector fell 22% in April 2012 as compared to April 2011, a Reuters calculation based on government figures showed. Imports of naphtha for eth...
ONGC controlled Mangalore Refinery and Petrochemicals Ltd (MRPL) is mulling acquisition of stake in the debt stricken Haldia Petrochemicals. MRPL plans to bid for acquiring stake of the W...
The global economy has taken a hit in the past few years and there is additional uncertainty in the US market surrounding the impact of healthcare reforms. This is putting cost pressure o...
F&N Beverages Marketing Sdn Bhd (F&N Malaysia) has invested RM18 million to install a polyethylene terephthalate (PET) production line and supporting infrastructure at its Kota Kinabalu f...
Honeywell has completed the delivery of advanced ballistic materials that will be used in the development of next-generation combat helmets for the U.S. Army. Honeywell has delivered 218 ...
The global Molded Plastics market is projected to reach 157 mln tons by the year 2017 as per GIA. Economic revival, rise in spending power, rapid industrialization, and strong demand from...
Global players like Dow, Ineos Group and LyondellBasell Industries have expressed keen interest to enter into a technology tie-up for the upcoming ONGC Petro Additions Ltd (OPAL) project ...
The Middle East is seeking a gradual movement away from its dependency on oil and gas production to diversify its economy and create a positive environment for the development of its plas...
Mexico's state-owned polyethylene producer Pemex has brought online one of the three trains at its Cangrejera LDPE plant Sunday, as per Platts. The programmed maintenance shutdown at Cang...
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