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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
After a six-day strike across the governorate, Damietta locals vow to continue their sit-in against MOPCO petrochemicals company despite a decree by the Supreme Council of the Armed Force...
Honam Petrochemical has concluded purchase of H2-December naphtha at about minus US$3/ton to Japan quotes on a cost-and-freight (C&F) basis to Daesan, lowest price paid in South Korea in ...
As a reflection of the persistently weak market, naphtha prices in Asia fell to 1-1/2 week lows, while cracks hovered at a 34 month low with physical time spreads in discount, as per Reut...
GS Caltex’s operating profit of its petrochemicals segment soared 125.3% year on year to Won 199.9 bln (US$177.7 mln) in Q3-2011, from Won 88.7 bln a year ago, as per Platts. GS Caltex, S...
2012 will be a challenging year for Taiwan’s petrochemical industry amid rising crude oil prices, the macroeconomic slump and increased production capacity from rivals in China and the Mi...
Two new breakthrough Lexan* polycarbonate (PC) film technologies for identification (ID) cards that help simplify integration of additional security features needed to combat identity the...
Tosoh Corp has shut three vinyl chloride monomer plants at its Nanyo complex in Yamaguchi prefecture, after a fire at its No 2 VCM plant, as per Reuters. The fire lasted for around a day ...
Benalec Holdings Bhd is likely to secure its first offtaker for its proposed petroleum and petrochemical hub and maritime industrial park, as per the star.com.my. Benalec is likely to und...
A plant shut down in 2009 by Dow and scheduled for demolition is on its way to get reopened by end-2012. Dow has refurbished the facility that involves a restart of two olefin units opera...
The Economic Coordination Committee (ECC) of the Cabinet approved expansion of positive list by allowing import of over 18 more items from India, including ethylene derivatives. The list ...
US propylene contract prices for November settled lower at 6 cents/lb (US$132/ton, €95/ton) from October as inventory levels remain high, as per ICIS. The decline pulled down polymer-grad...
Spot ethylene prices in Asia, Europe and the US gained ground over the past week as rising energy costs and poor margins on ethylene production pushed sellers to raise their prices, as pe...
Azerbaijan is scouting for an adviser to help secure two-thirds of the US$15 bln needed to build a planned petrochemicals complex, from foreign lenders, as per Bloomberg. The country is e...
A fire broke out after an explosion shortly at a 550,000 tpa vinyl chloride monomer (VCM) plant at Tosoh Corp's Nanyo complex in Yamaguchi prefecture, as per Reuters. The cause has not be...
Leading Indian rotomolder, Fixopan Machines Pvt Ltd, joined hands with Srithai Superware PCL, SCG Chemicals and Thai National Shippers Council to manufacture and donate Flood relief Boat...
Stolt-Nielsen Limited has announced the formal opening of its new petrochemical terminal in Tembusu on Jurong Island, Singapore. The terminal has commenced operations with three gas spher...
As concerns that Europe’s debt crisis will spread and trigger another recession fade, oil prices hover around US$100 per barrel for the first time since the summer. Rising by over a dolla...
South Korea's KPIC and Honam Petrochemical are on the verge of finalising 2012 naphtha deals at higher prices, as sellers are unwilling to release cargoes at low prices to combat previous...
In Europe, spot styrene prices are US$20/ton higher when compared to the beginning of October but the increase amount is heftier at US$145/ton (€107/ton) with respect to the beginning of ...
Total Petrochemicals USA Inc. plans to permanently shut down a 200 mln lbs pa polystyrene unit at its Carville, La. styrenics site, as per PlasticsNews. The polystyrene unit has been idle...
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