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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
Samsung Total Petrochemicals Co. plans to shut a 600,000 tpa paraxylene plant in Daesan, for a month starting in May 2012, as per Bloomberg.
Buying interest in India is reported to have picked up somewhat following theend of October Diwali holidays, as per ChemOrbis. Domestic producers lifted their prices for PP, HDPE and LL...
Asia's naphtha price was at a three-session low on Thursday, while cracks were at a three-session high with physical timespreads flipping into a slight premium from parity levels as buyer...
Cash-starved West Bengal plans to raise approximately Rs 450 crore by offloading its balance 10% stake of 155 mln shares in Haldia Petrochemicals (HPL) back to the company, as per Financi...
ConocoPhillips announced that the new independent downstream company created through its previously announced strategic repositioning will be named Phillips 66 and will be headquartered i...
In October, Borealis, a leading supplier of innovative solutions in the areas of base chemicals and plastics, celebrated an important anniversary with the 50th anniversary of polypropylen...
India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has managed largely steady premiums for December lifting cargo, as per Reuters. MRPL sold a cargo of 35,000 tons for Dec. 28-30 lo...
Honam Petrochemical Corp. plans to expand its compounding capacity in China and also add long-fiber reinforced thermoplastic composite manufacturing in the United States, as part of a pus...
Based on players’ reports, a number of irregular origins have made their way to the PP markets in Italy and China over the week, putting pressure on regional sellers to continue reducing ...
Samsung Total has planned a one-month maintenance shutdown at its 45,000 bpd reformer in April or May 2012, as per Reuters. The company however, has no plan to shut down its 850,000 tpa c...
As part of its plan to diversify beyond refining, Peruvian state oil refiner Petroperu has signed separate agreements with Brazi's Braskem to develop a petrochemical industry in Peru and ...
The biodegradable plastic packaging market is gradually gaining significance in the vast global packaging industry. Whilst the recession impacted demand for all types of packaging; upcomi...
Waste PET are being used in Nigeria as construction material- an environmentally smart strategy of chipping away at a housing shortage in Africa's most populous nation. A prototype is un...
Leading manufacturer of proprietary biobased, compostable and sustainable plastics, Cereplast Inc., has extended its agreement with Italy-based ColorTec S.r.l to supply bioplastic resin t...
Germany’s Bayer has boosted its liquidity buffer to cover the impact of the euro zone debt crisis, which has left it with a significant amount of unpaid bills from clients in Italy, Spain...
A chemical process that could produce lighter, stronger plastics has been developed by Edinburgh University scientists working in conjunction with researchers at Finland’s Jyväskylä Unive...
Formosa Petrochemical Corp has scheduled the closure of its 700,000 tpa No. 1 naphtha cracker for a 40-day maintenance period starting next September, as per Reuters. The smallest of thre...
Nymex crude rose to US$94.5, and Brent crude rose past US$112 on hopes that political settlements in Greece and Italy could help resolve the eurozone debt crisis and minimize the chances ...
Abu Dhabi National Oil Co. (ADNOC) has made an initial offer to Asian buyers for a year’s supply of naphtha starting in January, sources told Bloomberg. ADNOC seeks to sell its Pentane-Pl...
In line with robust Brent crude, naphtha price rose to a three-week high on Tuesday. However, this has hurt the light distillates margins as there is no lack of supplies, making it diffic...
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