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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
Canada's Methanex Corp, the world's largest methanol supplier, said it will shut down its plant in Egypt due to political unrest in the country, as per Reuters. The Egyptian facility star...
US gas plant natural gas liquids (NGL) production is expected to increase more than 40% over the next five years, as per a joint market study from BENTEK Energy and Turner, Mason & Compan...
The Cabinet Committee on Economic Affairs on Wednesday approved the revised cost estimates of the Assam Gas Cracker Project to the tune of Rs 8,920 crore (on as-built-basis). The project ...
Oil prices, that have been persistently rising for the past 6 weeks, touched the US$100 threshold, rising 30% more since early October. The price run-up has led to increasing numbers of i...
Toray Industries, Inc. has succeeded in producing laboratory-scale samples of the world's first fully renewable biobased PET fiber by using fully renewable biobased PET derived from bioba...
Asahi Kasei Plastics North America, Inc. and Penda Corp. shared the stage in Livonia, Mich. at the Society of Plastics Engineers (SPE®) Automotive Innovation Awards Gala with Chrysler Gro...
Sumitomo Chemical Co plans to skip maintenance work at its sole naphtha cracker in 2012, as per Reuters. It has lowered the cracker's utilisation rate to around 90% this month due to weak...
Lackluster demand from China has impacted ethylene output in Japan, as producers reduce run rates to cope with the weak markets. Overall, the industry's utilization rate for ethylene plan...
Marubeni plans to build a large petrochemical complex with Russia’s Gazprom in the Russian city of Nakhodka, Primorsky Krai, according to local media reports. Japan’s Marubeni is one of A...
After a prolonged period of steady price decreases mainly due to lackluster buying interest, import PP prices in Asia have started to firm up, as per ChemOrbis. Higher crude oil and spot ...
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 ...
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