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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
Demand for flexible packaging chemical polyethylene terephthalate (PET) witnessed growth of around 7% compound annual growth rate (CAGR) last decade, due to its diverse application in a w...
Petrochemicals company Sasol has signed an agreement with Finnish company Wärtsilä, to operate and maintain a power plant in Sasolburg, as per Timeslive.co.za. Its subsidiary, Sasol New ...
Five Egyptian banks have agreed to a US$ 1 bln loan to the Egyptian Company for Ethylene and Derivatives (Ethylco), to build an ethylene and polyethylene complex in Alexandria with a proj...
South Korea's Honam Petrochemical Corp. has restarted its naphtha cracker at the Daesan complex after a shutdown due to technical difficulties, as per foxbusiness.com. The 1 mln tpa crack...
Formosa Plastics Corp. plans to inject NT$60 billion (US$2 billion) into its Texas plant in the U.S. to boost production capacity and output, according to an interview with the company's ...
Polymer based single ply membranes are gaining market share strongly from bitumen for waterproofing flat roofs, as per a study by Applied Market Information Ltd (AMI Consulting). The repo...
INEOS Olefins & Polymers Europe has confirmed that it is considering strategic options for the future of its HDPE businesses at Rosignano and Sarralbe, including a divestment to intereste...
Brazilian petrochemical company Braskem S.A., said its profit for the first quarter halved from last year, hurt mainly by higher raw material costs and selling expenses. Cost of goods so...
As the cost of crude oil and its derivatives hurts profits, Braskem is looking to switch feedstock at its U.S. polypropylene plants from shale gas, as per Reuters. Chief Executive Carlos ...
Solar photovoltaic (PV) electricity continued its remarkable growth trend in 2011, even in the midst of a financial and economic crisis and even as the PV industry was enduring a period o...
Players in Indonesia report that domestic PP and PE prices are facing downward pressure as international trends have softened and upstream costs have recorded sharp downward movements, as...
Northwest European benzene is likely to remain strong in the short term thanks to increased downstream demand and restrictions on supply, as per Platts. While NWE benzene prices have drop...
SANITIZED AG has launched a new generation of silver-based antimicrobial protective additives that deliver effective protection faster than ever before and at concentration loadings lower...
DSM Dyneema has announced several important new accomplishments at its ultra high molecular weight polyethylene (UHMWPE) materials manufacturing facility that underscore the company’s gro...
Reliance Industries has moved forward with its plans for petrochemical expansion by raising US$2 bln loan from German banks. The facility has a door-to-door (tenure) maturity of 13 years ...
As PVC demand has not been so encouraging in China’s domestic market, sellers have been looking for alternative markets, as per ChemOrbis. Accordingly, Chinese PVC offers have started to ...
Tosoh Corp has restarted one of its three vinyl chloride monomer plants in western Japan on Tuesday, as per Reuters. This is the first restart at its Nanyo complex which was struck by fir...
Polyethylene freight costs to Brazil from Thailand and South Korea rose by US$30/mt this week, making pricing from the two Asian countries not seem attractive, as per Platts. Prices could...
In the first quarter of 2012, Nova Chemicals generated a profit of US$191 mln vs a profit of US$163 mln for Q1-2011. The quarter-over-quarter improvement was primarily due to higher margi...
Asia saw oil prices edged lower, weighed down by concerns over the eurozone's political and economic problems but bargain-hunting limited the losses, as per Business Standard. Crude futur...
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