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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
PVC prices have been on the rise since the beginning of 2012 in Mediterranean markets including Turkey, Egypt and Italy, as per ChemOrbis. Currently, the sustainability of the PVC market’...
PetroLogistics LP, which operates the world's largest propane dehydrogenation facility, announced terms for its IPO. The Houston, TX-based company plans to raise $700 million by offering ...
In Southeast Asia, PE players had mixed views in H1-April regarding the outlook for May. Material had been tight for some of the PE products in several of the countries, with some of the ...
Players in both China and Vietnam report that polymer demand in their respective countries has been slowed by weakness in the construction sector and slower than expected economic growth ...
A new generation of lubricant based on a renewable source to the PVC processing community has been introduced by Clariant, in support of the global trend away from lead-stabilized PVC pro...
At the end of last week, CIF Northwest Europe May naphtha crack swap fell by US$0.80 to minus US$6.35/barrel, from Thursday's close, due to poor demand. This is more than three-month low,...
Supreme Petrochem Ltd has commenced commercial production of the new plants in Maharashtra to produce Expandable Polystyrene (EPS) including Cup Grade EPS with a combined capacity of 44,4...
KBR announced that it will design and construct an ethylene furnace for INEOS Olefins & Polymers USA (INEOS) that upon commissioning will provide the highest achievable ethylene yields in...
India largest styrenics maker Supreme Petrochem Ltd (SPL) has reported a net profit of Rs 18.18 crores for its Q3 ended March 31, 2012 as against net loss of Rs 7.26 crores in Q2 ended D...
Naphtha prices in Asia started the week at a nine-week low at US$1027/ton in line with weak Brent crude. However, intermonth premiums rose to US$18/ton, their highest level in a month on ...
Max India has decided to divest its polypropylene business in a two-stage transaction for an enterprise value of about Rs 700-800 crore, a move that will help it exit its non-core busines...
Despite tepid performance in Q4, Reliance Industries Ltd. Plans to expand its petrochemicals businesses in anticipation that robust demand from the polymer sector will help offset weak g...
State-owned refiner Mangalore Refinery and Petrochemicals Limited has declared force majeure on crude feedstock supply as well as refined product deliveries after having to shut its 15 mi...
As margins from refinery and petrochemicals businesses fell, along with a significant dip in oil and gas production, Reliance Industries (RIL) has reported a 21% drop in net profit for Q4...
The Royal Commission for Jubail and Yanbu plans to construct two PlasChem Parks in Jubail and Yanbu Industrial Cities II to provide numerous industrial services in term of material availa...
Yeochun NCC Co. (YNCC) has bought four naphtha cargoes of about 100,000 tons for delivery to Yeosu, South Korea, at a premium of about US$19/ton to Japan benchmark prices.
Mitsui Chemicals Inc. has bought a 24,000 ton cargo light naphtha from Kuwait Petroleum Corp. last week at a premium of US$35-39/ton to Middle East benchmark prices, as per Bloomberg.
Within weeks of replacing Chairman Purnendu Chatterjee of TCG with state industry minister as the company’s MD, the Bengal government seems to have initiated a process to make top-level m...
China National Petroleum Corp. (CNPC) has signed a preliminary agreement with the Chongqing government to supply natural gas to be used as feedstock in 400,000 tpa methylene diphenylene d...
India’s leading petroleum refinery Mangalore Refineries and Petrochemicals has been forced to shut down operations due to acute water shortage, caused by the complete depletion of the ref...
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