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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
Price stability and an equilibrium between supply and demand are key to restore confidence in the Chinese purified terephthalic acid (PTA) and polyester industry, as per market participan...
Recently, several major Mediterranean markets have been seeing higher import offers for American PVC, as per ChemOrbis. This is being attributed to rising export PVC prices from the US an...
Naphtha cracks in Asia have peaked to their highest level in a month but weak fundamentals kept the physical timespreads at parity. Traders continue to struggle with a lack of clear direc...
Idemitsu Kosan Co plans to conduct scheduled maintenance on its two naphtha crackers at its Tokuyama plant in September 2012, as per Reuters. The duration of the shutdown has not been set...
European polyethylene contract prices for November fell further this week as converters tried to narrow the gap between contract and spot prices, as per Platts. However, net contract pric...
Domestic PP and PE prices are tracking a softening trend inside China as the Chinese economy shows signs of cooling down, while overseas demand remains discouraging and confidence in the ...
China’s polyethylene imports rose for the year. Low density polyethylene (LDPE) witnessed the sharpest gains of 47.6%, according to data released by the Customs Service. As reported by Pl...
Shell is on the verge of commercialising a technology for the production of diphenyl carbonate (DPC) as a feedstock for the production of polycarbonate, as per theengineer.co.uk. Over rec...
SABIC’s Innovative Plastics business celebrated a major milestone with the official opening of its specialty polypropylene (PP) compounding operation at its Bay St. Louis, Mississippi man...
UK-based British Petroleum (BP) and Indian Oil Corporation have signed a memorandum of understanding (MOU) to set up a 50:50 joint venture for a 1 mln tpa acetic plant in Gujarat. The pla...
Oil & Natural Gas Corp Ltd (ONGC) has sold a second cargo for December loading from Hazira at marginally higher premiums, as per Reuters. ONGC sold the 35,000 tons for Dec. 17-18 loading ...
Chang Chun Petrochemical Group will budget NT$50 billion in massive overseas expansion, including setting up new plants in Singapore, Changshu, Jiangsu province and Panjin, Liaoning provi...
The fresh sanctions on Iran’s petrochemical sector will not stop it selling to European markets but would push up global market prices and generate more export revenues, as per Fars news ...
Taiwan's petrochemical production value totaled NT$462.8 billion during Q3 according to a report by Industry and Technology Intelligence Services (ITIS), under the Ministry of Economic Af...
Oil prices fell hover near US$96 on Europe's persistent debt problems, weaker economic growth in USA and fresh sanctions against Iran over its nuclear program. Benchmark crude on the Nym...
Taiwan's Formosa Petrochemical plans to operate its three naphtha-fed steam crackers at Mailiao at about 80% of their capacities in December and January, as per Platts. The runs were redu...
Specialty Chemicals company Perstorp and PTT Global Chemical plan to launch a joint venture dedicated to the manufacturing and sales of aromatic (TDI) and aliphatic (IPDI, HDI & derivates...
The earlier gains in European spot styrene prices had caused sentiment in Italy’s PS market to firm up last week, with several European PS sellers voicing hike targets for December, as pe...
Restart of ChevronPhillips Chemicals’ ethylene production at its olefins complex in Sweeny, Texas, is underway. The complex was shut following a power and steam outage overnight, as per P...
Naphtha price in Asia rebounded from an 11-month low to reach a two-session high on Tuesday, while cracks surged by about 22% to a three-week high, as per Reuters. However, current levels...
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