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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
Currently, Indian end-users of PVC are buying strictly on a need-to basis as the Indian Rupee gets further devalued and a battering in the foreign exchange market, as per Platts. The In...
Mittal’s joint venture with state-run Hindustan Petroleum started full operation of its first refinery at Bathinda, Punjab. The refinery has a capacity of processing 9 mln tpa of crude (1...
Mitsubishi Heavy Industries Compressor Corporation (MCO), a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from Braskem Idesa, S.A.P.I. of Mexic...
PVC offers out of the US continued to firm up in many regions in line with the global upward trend that has been in place since the beginning of the year, as per ChemOrbis. As for April, ...
Polymer demand in Thailand, which has been stronger than demand in other Southeast Asian countries for most of the last two months, is beginning cool down following several consecutive lo...
Showa Denko K.K. will temporarily suspend operations at its ethylene plant at the Oita Complex. The two-line ethylene plant has total production capacity for approximately 695,000 tpa. At...
Toyo Engineering Corporation has been jointly awarded with ENPPI, an engineering company under the Egyptian Ministry of Petroleum, a contract to build a 460,000 tpa ethylene plant and a 2...
China's leading oil, energy and petrochemical group Sinopec posted sales of RMB 2.5 tr (EUR 280 bln) in FY 2011. Its Chemicals business - mostly consisting of olefins and polyolefins - ac...
The HPL board has cleared a proposal to convert debt to the tune of Rs 128 crore into equity in at par basis (Rs 10), Now the lenders will jointly own "about 8% stake" in the company. Thi...
In this week's board meeting of Haldia Petrochemicals Ltd, it was decided that West Bengal state industries and commerce minister Partho Chatterjee will replace TCG's Purnendu Chatterjee ...
Umeco Process Materials has entered a strategic marketing collaboration with Victrex Polymer Solutions to market release films made using APTIV film based on VICTREX PEEK polymer. Umeco w...
OAO Lukoil Holdings plans to delay resumption of production at the ethylene unit of its Stavrolen plant four months later than first estimated, following a fire at the petrochemical plant...
Carbon fibers having unique surface geometries, from circular to hollow gear-shaped, are produced from polyethylene using a versatile fabrication method. The resulting carbon fiber exhibi...
An unexpected larger than life increase in US crude supplies pulled down oil in Asia below US4107 on Wednesday. Benchmark oil for May delivery dipped to US$106.7 on the Nymex while Brent ...
According to data from Chinese Customs, China’s polymer imports posted a noticeable rise in February 2012 from January 2012, as per ChemOrbis. With this monthly increase, the country lar...
Japan's naphtha imports for the petrochemical sector fell 23% in February 2012 vs February 2011 as per government figures in Reuters. Imports of naphtha for ethylene production totalled 1...
Foster Wheeler announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by PT Pertamina (Persero) (“Pertamina”), the national oil com...
The spread between styrene monomer and petrochemical feedstock naphtha narrowed to US$370/mt Monday, the smallest spread since late April 2011, Platts data showed. Poor demand for SM in...
The articles of association (constitution) of Haldia Petrochemicals say its chairman can only be appointed by consensus and not by majority. Yesterday’s board meeting saw the replacem...
Reliance Industries has sold around 55,000 tons of April naphtha to Vitol at premiums of about US$41/ton to Middle East quotes on a free-on-board (FOB) basis, down nearly 27-30% from a pr...
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