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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
Taiwan's Formosa Petrochemical Corp aims to restart in April, a residue desulphurizer (RDS) unit that was destroyed by a 2010 fire. Restart of the unit with capacity of around 80,000 bpd ...
Despite rising international pressure, Iran has managed to expand export markets for its petrochemical products, as per Tehran times. Abdolhossein Bayat was quoted by Mehr news agency as ...
South Korean polypropylene offers to Peru saw a US$40/mt hike in the week, rising to US$1650/mt CFR for homo-polymer and US$1700/mt CFR for co-polymer, as per Platts. Prices continue to...
Reliance Industries has announced a joint venture with Russian petrochemicals giant Sibur for production of butyl rubber in Jamnagar, Gujarat, with a combined investment of US$450 mln (Rs...
LG Chem has likely bought 2 H1-April naphtha cargoes at premiums of US$23.50-24/ton to Japan quotes on a cost-and-freight (C&F) basis. This is a more than 17% increase compared to a previ...
State-owned Indian Oil Corp. has offered a rare volume of 38,000-40,000 tons naphtha for loading from Dahej on India's West Coast via a spot sell tender, as per Platts. Typically, IOC off...
New York's main contract, light sweet crude for delivery in March rose to almost US$105, Brent North Sea crude for April delivery inched past US$120. Oil prices surged on news of eurozone...
The Power Miser systems only call for the machine to pump for as much oil that is needed to run the cycle. Therefore the machine is saving oil and energy. Fixed pump IMMs are about 40-6...
Incredible India, one of the fastest growing economies is pushing efforts to improve the supply of food and other consumer goods which in turn are main drivers within the packaging indust...
Milacron Plastics Technologies, a U.S.-based, worldwide supplier of plastics-processing technologies, recently expanded the production of its Magna Servo injection molding machines from I...
Clariant is committed to ethical and sustainable operations in all business activities. A two day seminar, hosted by Clariant, was attended by around 90 partners and potential suppliers t...
ExxonMobil did not report approximately 30,000 tons of carbon dioxide (CO2) emissions from its Scottish Fife Ethylene Plant, resulting in a record €3.3 mln fine from the Scottish Environm...
In a strategic move to anticipate customer needs quicker around the globe, DSM Engineering Plastics has shifted global headquarters to Singapore. The Company, which has development, sales...
French automotive plastics component producer Mecaplast says it can make significant weight reductions in injection moulded TPO parts by partially replacing talc filler with Hyperform® HP...
Saudi Arabia could consider a hike in prices for ethane and methane gas used to produce petrochemicals, next year, according to Al Rajhi Capital, as reported by Bloomberg. Clients such as...
Japan's naphtha imports in January 2012 for the petrochemical sector fell 37% from January 2011 as per Reuters. Imports of naphtha for ethylene production totalled 0.96 mln tons in Jan 20...
Iran claims to have halted crude exports to Britain and France in a dispute over its nuclear program. This has propelled oil prices to none month highs to nearly US$105. Benchmark crude r...
A fire is reported to have broken at at the Imam Khomeini Petrochemical Complex - Iran’s biggest petrochemical facility, but was quickly extinguished by Mehr News agency. No casualties or...
Bengal industry minister has called for a meeting with the important lenders of Haldia Petrochemicals Ltd (HPL) to discuss the company’s performance. “I have called a meeting of all finan...
Last week saw spot ethylene prices in Asia posted strong gains over the past week while spot propylene prices have lost ground, as per ChemOrbis. Bullish sentiment and comparatively tigh...
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