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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 has bought around 75,000 tons of naphtha for February to March arrival, bringing its total purchases since mid-December to over 350,000 tons, as per Reuters...
Higher feedstock cost and increased demand continue to buoy polypropylene prices in Northwest Europe this week, with rises in contract prices exceeding the January feedstock propylene pas...
Chinese players report that they are holding generally bullish expectations about the post-holiday period as spot monomer prices have moved higher over the course of the month while energ...
Keyuan Petrochemicals, Inc., an independent manufacturer and supplier of various petrochemical products in China, has signed a cooperation agreement with Fangchenggang City to build a new...
Premium unleaded gasoline and naphtha prices rose in northwest Europe on Wednesday on signs of the market tightening after news that Hovensa will close its 350,000 bpd refinery in the U.S...
In 2011, the Egyptian people took to the streets in order to bring democratic change to the country by unseating the president Hosni Mubarek, who ruled the country for nearly 30 years, as...
IRPC Pcl (IRPC) is reported to have sold a cargo of heavy naphtha at a premium of US$55-60/ton over benchmark Japan prices, as per Bloomberg. The shipment, which was sold earlier this wee...
Naphtha prices in Asia rose to a 3 session high on Wednesday with cracks reaching a 5 session high on demand from Taiwan followed by demand from South Korea, as per Reuters. Formosa, Hona...
Indonesia’s first ever Butadiene plant was inaugurated in Cilegon, Banten, as per The Jakarta Post. “The plant’s production capacity is 100,000 tons a year,” the ministry’s press release ...
UOP LLC, a Honeywell company, announced that it has been selected by Samsung Total Petrochemicals Co., Ltd. to provide technologies for the production of key petrochemicals and high-quali...
Materials company Novomer Inc. has inked a joint development agreement on polymer composites with Penford Corp. of Colorado with the aim to speed the development and commercialization of ...
The light olefins market in Europe and Middle East has seen a rapid increase in demand over the past decade. The demand light olefins by volume increased from 28.7 mln tons to 41.8 mln to...
The North Sea propane market is considered oversupplied despite sales into the petrochemicals sector, as per Platts. North Sea propane is historically used as a heating fuel during the wi...
The global styrene market is expected to achieve a compounded annual growth rate of 6.6% until 2020, as per GBI Research. Demand for styrene globally has increased from 17,298,363 tons in...
Idemitsu Kosan Co has shut two naphtha crackers at its Tokuyama plant, with total capacity of 623,000 tpa of ethylene on Tuesday night due to an unspecified problem, as per Reuters. Repai...
Italy’s PP, PVC and PE markets have been registering monthly price increases for January business, as per Chemorbis. These polymer hikes have followed higher monomer contracts in Europe a...
Since end 2011, spot feedstock prices have been on a bullish note resulting in steady increases in Turkey’s PET market since start of the new year, as per ChemOrbis. Both import and local...
Naphtha prices in Asia were at its lowest in eight sessions on Monday, while naphtha cracks arose marginally by less than 1%. Some traders opine that while supply tightness was gradually ...
Petrochemicals producers in Europe are likely to benefit from the row over subsidies that has stalled imports of gasoline into Nigeria. The situation may lower the price of the naphtha us...
Qatar Petroleum International (QPI) plans to buy a 25% stake in the US$4 bln Long Son petrochemical project in Vietnam, as per senior executive of Petrovietnam as reported by Reuters. "We...
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