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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
Japan's Idemitsu Kosan Co prepares to restart the 374,000 tpa naphtha cracker at its Chiba plant. The cracker has been shut since Oct. 23 due to an unspecified problem, as per Reuters.
Naphtha cracks in Asia fell, while gasoline cracks slipped to the lowest in five months on adequate supply and lackluster petrochemical demand in China, as per Reuters. Recent naphtha ten...
A Green Paper resulting from a broad stakeholder consultation on the topic of Packaging and Sustainability has been published today by EUROPEN (The European Organization for Packaging and...
Polypropylene (PP) prices in Europe are under downward pressure after November propylene contract price was fully settled at €1013/ton FD NWE, down by €55/ton from October settlement of t...
European polyethylene converters are seeking a reduction in contract price for November, in line with a fall in the feedstock ethylene, as per Platts. Falling by twenty dollars, ethylen...
SABIC’s Innovative Plastics business, Chongqing Xiyong Micro-electronics Industrial Park, and the Chongqing Economic and Informatization Commission announced a memorandum of understanding...
Ethylene contract prices in Brazil for November have been rolled over from October levels following stability in European price, as per Platts. October contract price for Brazilian domest...
GAIL India is evaluating opportunities to invest at least US$1 bln over the next year or so to acquire larger shale gas assets, primarily in the US and Canada. The state run oil major cou...
Thai refiner and petrochemical producer IRPC PCL is expecting a 30% drop in Q4 revenue from 2011, due to a planned 45-day maintenance shut down, as per Dow Jones. The planned shutdown coi...
A term tender for 600,000 tons of naphtha for January to December 2012, has been concluded at levels lower than previous ones, keeping Asian naphtha market bearish, as per Reuters. South ...
Russian billionaire Leonid Mikhelson has concluded his planned full takeover of Russia’s leading polymers and petrochemicals company Sibur Holding, through his investment firm Dellawood H...
Thailand’s surplus of light and heavy naphtha reflects “stagnant” demand for gasoline, according to PTT Energy Solutions Co., as per Bloomberg. “Thailand is more stagnant in gasoline dema...
2010 saw a recovery in demand for most thermoplastics, after two of the worst years the industry has seen since the oil shocks of the 1970s, as per AMI's European Plastics Industry Report...
The past few months have seen reducing polystyrene prices in Italy. Although European PS sellers tried to limit the size of October price decreases to save their margins, they couldn’t ma...
Cabot has added this emerging performance technology to its portfolio through an intellectual property licensing agreement with XG Sciences, Inc. Under the agreement, Cabot will license i...
Instead of upgrading the plant to meet government regulations, Idemitsu Kosan Co has decided to scrap its 120,000 bpd Tokuyama refinery by March 2014, as per Reuters. With this, the 640,0...
U.S. December crude plunged by over a dollar to US$92. Crude in USA surged 17.7% in October, the biggest percentage gain since May 2009. Oil prices fell by over a dollar as the US dolla...
Saudi Basic Industries Corp (SABIC) has set up a new venture capital arm to invest in innovative technology and companies as it seeks to expand beyond petrochemicals, which have made it o...
Reflecting a persistently weak market, South Korea's LG Chem has purchased H1-December naphtha at a discount of US$1.25/ton to Japan spot quotes on a cost-and-freight (C&F) basis, as per ...
A plastic that could repair itself when broken without using glue has been developed. Called supramolecular polymer, the new type of plastic is being developed by the chemical company Akz...
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