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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
Creditors of Korea Kumho Petrochemical Co. are bearing down the company to sell its stake in Asiana Airlines Inc., a major affiliate of Kumho Asiana Group, to separate the petrochemical f...
Polystyrene markets in Europe and Asia are supported by higher upstream costs despite globally sluggish overall PS demand at the end of 2011, as per ChemOrbis. Climbing costs of productio...
SABIC’s Innovative Plastics business has inaugurated a new, state-of-the-art pilot facility that will allow chemistry and process development for its high performance polymers (HPP) – Ult...
Rising for the fifth consecutive day, February crude oil prices have risen to US$99.6, while Brent February settled at US$107.9. Oil ended last week on a higher note on concerns about pot...
Japan’s Mitsui Chemicals Inc. and China Petroleum & Chemical Corp. (Sinopec) have signed an agreement to establish a joint venture (JV) company for the production and distribution of ethy...
Petronas is considering development of petrochemical plants within its US$20 bln refinery complex in the south of Malaysia, for which it is in talks with several major oil companies, incl...
The board of directors of Samsung Total Petrochemicals has approved an investment outlay of Won 1.66 trillion (US$1.44 bln) to build a new 1 mln tpa paraxylene plant at its Daesan complex...
Russian chemical giant Sibur is considering plans to build a new 1.5 mln tpa ethylene plant and a 2 mln tpa polymer plant in Tobolsk, western Siberia, as per plasteurope.com. This projec...
With effect from January 1, 2012, container prices for shipping polymers from Asia to the US West Coast are set to increase by US$350/container, as per Platts. This will result in a hike ...
Last week in Asia, import LLDPE film prices showed some signs of stabilizing after several consecutive weeks of declining prices, as per ChemOrbis. Sources attributed the stability in LL...
Cereplast Inc., a leading manufacturer of proprietary biobased, compostable and sustainable plastics, has announced that their three new resin grades, Compostable 3002, Compostable 3010, ...
First pilot plant to produce adipic acid, a key component of nylon 6,6 has been unveiled by Verdezyne, Inc., a privately held industrial biotechnology company focused on producing renewab...
Honam Petrochemical plans to shut its aromatics plant at Yeosu for a 45 day annual turnaround from March 1 to April 15 in 2012, as per Platts. Plant capacity comprises 180,000 tpa of benz...
Braskem- Brazil’s petrochemical major plans to focus on investments in Brazil in 2012, planning to spend around US$5 bln on new production capacities in the country, the CEO told local pa...
Bayer MaterialScience LLC flexes its innovative muscle with a new polyurethane foam technology that enables the direct production of very high air flow foams comparable to those achieved ...
Naphtha prices in Asia reached its highest in about two weeks on Thursday, while physical timespreads hit the highest level in about 7-1/2 months driven by tighter supplies and healthy So...
- The following lists planned maintenance turnarounds naphtha and gas crackers in Asia for 2012, as per Reuters. NONE = no t/a in 2012 NA = no information available yet T/A =...
The National Industrialization Co. (Tasnee) and Sahara Petrochemical Co. have inked a SR5.25 bln financing deal with 9 Saudi banks to support three petrochem joint venture projects: Saudi...
Engineers of University of Illinois have invented a self-developing system that repairs electrical conductivity to a cracked circuit. Professor Scott White of aerospace engineering and Pr...
In Turkey, both import and local PVC markets have been on a stable note, defying generally soft sentiment in other polymer markets due to year end, as per ChemOrbis. The main reason behin...
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