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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
Formosa Petrochemical Corp is considering a reduction in crude oil from Iran in cooperation with US and European efforts to choke off Iran's oil revenue over the nation's nuclear program,...
Saudi Aramco Asia Co Ltd (SAAC) has signed an initial deal with Indonesia's state energy firm, PT Pertamina to mull building a refining and petrochemicals project in Indonesia, as per Reu...
Assam Petrochemicals plans to build a 500,000 tpa methanol and a 200,000 tpa downstream acetic acid plant in Namrup, by the end of 2014, as per Platts. Natural gas from Assam will be us...
For the first time in three months, Singapore’s exports fell in January. Most affected were electronics and petrochemical shipments trimmed by falling demand due to Europe’s debt crisis a...
Abu Dhabi National Oil Co (ADNOC) has reached a final price agreement with its term customers to supply both splitter and low sulfur naphtha for April 2012-March 2013 at a premium of US$2...
Saudi Aramco, top naphtha exporter to Asia, has plans to shut a condensate splitter for maintenance for about 50 days in mid-March. This will take an estimated 250,000-330,000 tons of A3...
Flexible Packaging is one of the fastest growing industries in the World. Amongst all packaging material plastic is the fastest growing raw material. Flexible Packaging is a part of day t...
Players in Turkey and Egypt report that Asian PVC offers are beginning to re-emerge after a long period of absence, as per ChemOrbis. Offers for South Korean PVC showed up in Egypt this ...
A method of converting plant matter into ethylene and propylene using a nanotechnology process that offers an alternative to oil-based production, has been developed by a team from Utrech...
After showing stability for two months of this year, the North American polypropylene market returned to the volcanic behavior it displayed in 2011. PP prices have surged an average of 17...
Rising by US$3.75/ton, benzene in Asia rose to US$1187.75/mt FOB Korea on Thursday as per Platts. In the US, benzene spiked by nine dollars to US$1246/mt FOB USG. "Asian benzene supply fo...
Abu Dhabi National Oil Co. (ADNOC) has lowered its offering price for long term naphtha supply for April 2012-March 2013, as per Bloomberg. ADNOC offered Pentane-Plus grade naphtha at a p...
As per Iranian state TV, Tehran had cut oil exports to six European countries in response to sanctions from the European Union. This was accompanied by positive developments in Europe’s s...
Artenius, the PET resins division of LSB has developed a new PET packaging material that combines virgin PET resin and post-consumer recycled PET as feedstock in the resin production proc...
Amid rising Brent crude, Asia's naphtha price rose on Wednesday to nearly a 10 month high, while cracks slipped just around 2% after touching 13 month highs as tight supply persisted, as ...
The Russian government has approved a new set of measures for the support of the domestic petrochemical industry until 2030, as per europeanplasticsnews.com. The new measures involve deve...
A more than 20% rise has been seen in Polypropylene (PP) net spot prices in Europe so far this year. Prices have spiked to an eight-month high, as producers close February order books and...
Global demand for materials in the production of wind turbine blades grew by over 20% pa in the last five years, as per a report from industry consultants, AMI Consulting, published in Ja...
The upward trend that had been in place in China’s PP and PE markets since mid December gained speed following the end of the Chinese New Year holiday at the beginning of February, as per...
CJSC SIBUR Holding and OJSC Gazprom have signed a long-term contract to supply natural gas liquids (NGL) from the Surgut Condensate Stabilisation Plant to the Tobolsk-Neftekhim facility u...
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