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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
Bharat Petroleum Corporation Ltd (BPCL) is to sign a deal with UK based LP Chemical for its maiden foray into petrochemicals. Negotiations are underway for the JV that plans to set up a p...
Preparations are underway by Maruzen Petrochemical Co to restart its 480,000 tpa naphtha cracker in Chiba, as per Reuters. The cracker was shut a week ago after a fire at a control panel....
Formosa has resumed naphtha buying- FPCC ceased spot naphtha imports from August to mid-December because of cracker shutdown issues. As a result, naphtha prices in Asia are likely to see...
Asian import polystyrene prices firmed up in China at the low end of the overall price range by US$20/ton, for both dutiable and non-dutiable GPPS over this past week, as per ChemOrbis. H...
When Saroplast, a specialist in product design and molding based in Treviso, Italy, was tasked with designing higher performing components for an olive and fruit harvesting tool, it chose...
Management of Haldia Petrochemicals plans to hive off the proposed Butene-1 extraction plant into a wholly-owned subsidiary, to insulate it from any logjam that HPL may get caught into du...
Import HDPE film prices are currently trading close to par with LDPE film prices as the premium of LDPE film over HDPE film has sunk to its lowest level since the spring of 2010, as per C...
As the euro continued to weaken due to the worsening euro zone debt crisis, it has triggered a broad commodities selloff. As a result, crude oil futures plummeted by over 5% in biggest d...
The European Union has ended a threat to impose tariffs against PET from Saudi Arabia and Oman as EU producers withdrew complaints about subsidies and price undercutting, as per Bloomberg...
Saudi Aramco has sealed term prices with its customers for the supply of naphtha over January-June 2012, as per Platts. It has fixed premiums for A180 naphtha from Yanbu and Ras Tanura ...
USA is likely to impose new sanctions that threaten to hinder the flow of oil from Iran by shutting down payment channels for Iranian crude. If this was to occur, South Korea along with J...
Romania’s Ministry of Economy has recently signed a contract with PricewaterhouseCoopers (PwC) for consultancy services in preparation and implementation process of the privatization of R...
Lowering of petrochemical prices in 2012 could see a spate of antidumping proposals initiated against petrochemical producers in the Middle East, as per Hamad Al Terkait, President and CE...
Saudi Arabia’s petrochemical industry is expected to attract US$150 billion in total cumulative investments by 2016, said Prince Faisal bin Turki, an adviser to the Kingdom’s petroleum an...
ABS prices have been firm in China for the last couple of weeks owing to rallying butadiene and acrylonitrile (ACN) costs in Asia, as per ChemOrbis. Sellers in the import and local market...
Already with a big presence in Iraq, Shell plans to expand in the country. Currently, it is developing the huge Majnoon oilfield near Basra. It will also gain access to vast amounts of na...
One of Asia’s biggest diesel exporters - Formosa Petrochemical Corp., is likely to resume gasoil exports from H2-January, as per a source in Reuters. 1-2 medium range-sized cargoes, or ab...
After two years at the top, in 2011 Germany is likely to lose its place as the world’s top photovoltaic (PV) solar market, slipping to No. 2 behind former runner-up Italy, according to an...
Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) has completed several key elements of the feasibility study announced earlier this year and plans to pursue a project to c...
Ethylene production in Japan fell 11% in November 2011 vs the same month a year ago, government data showed, reflecting an industry-wide move to lower naphtha cracker utilisation rates am...
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