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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
Oil prices have spiked past US$85 on retreating fears of another recession. For the first time since September, Benchmark crude settled at US$85.41 in New York, while Brent crude settled ...
The first production facilities in the US$1.4 bln expansion of BASF-YPC Company Limited have now begun operations. Along with the successful completion of the steam cracker expansion, the...
Purnendu Chatterjee promoted The Chatterjee Group plans to acquire West Bengal government's 45% stake in Haldia Petrochemicals (HPL), to become its largest shareholder with management and...
Ineos has decided that Elix Polymers, its Spanish ABS subsidiary, is to be divested by the group to meet an EU antitrust condition for the formation of Styrolution, the new BASF/Ineos sty...
Sadara - the joint venture of Saudi Arabian Oil Co. and Dow Chemical Co. (DOW) will award all engineering, procurement and construction (EPC) contracts by the second quarter next year. ...
Petrochemical operators In Thailand are unlikely to feel much effect from the policy to collect Bt1 per kilogram of LPG (liquefied petroleum gas) sales for the Oil Fund, as per The Nation...
Evonik Industries will build a new production plant for hydrogen peroxide (H2O2) in Jilin Province in northeastern China. An investment of over Euro 100 mln in the project sees Evonik mov...
ABS prices in China, Italy and Turkey are said to be facing downward pressure as steeply declining butadiene and ACN prices in Asia and Europe have pulled down producers’ costs and lent s...
A Naphtha cracker planned by a JG Summit Holdings, Inc. will be commissioned in mid-2013. Good speed of construction activities is leading the project to come on stream earlier than plann...
Royal Dutch Shell Plc bought naphtha and gasoil in Singapore, where the company is resuming some operations at the Pulau Bukom refinery after a Sept. 28 fire, as per Bloomberg. Shell bo...
Total SA’s overhaul of its refining, petrochemicals and marketing businesses is not in preparation for a sale, said Chief Executive Officer Christophe de Margerie, as per Bloomberg There ...
LyondellBasell's Berre refinery and petrochemical site in France are in the process of restarting Monday after a strike that started nearly two weeks ago in protest against the decision t...
The petrochemical industry in Europe has been actively embracing specialty, value-added products as it seeks to capitalize on a series of megatrends that are shaping the economy, as per P...
Oil prices have inched up to US$84 on better than expected US jobs data and signs Europe may move to protect its banks from a sovereign debt crisis. Brent crude inched up to US$106 on the...
Macroeconomic worries are affecting confidence in benzene and styrene markets, forcing demand and prices down, as per ICIS. Benzene contracts saw the greatest decline, falling by €118/ton...
Saudi Aramco Total Refining and Petrochemical Company (SATORP) has issued its debut sukuk. As per sources, the SATORP bond issue was 3.5 times oversubscribed. The Saudi Capital Markets Au...
Plaschem, an area designated for the plastics industry by the Royal Commission as well as participation for SABIC, Saudi Aramco and National Industrial Cluster programme, is to be develop...
Buying interest for olefins has dampened in China. This can be partly attributed to the new monetary policy introduced in China on September 19 that restricts the opening of letters of cr...
China's offers of imported polypropylene (PP) fell by 4.6% in the week ended September 30 due to lowered offers from Middle Eastern and Indian producers for October shipments, as per ICIS...
Solvay has commissioned the world’s largest hydrogen peroxide (HP) facility at Map Ta Phut, Thailand with production capacity of over 330,000 tpa of HP at 100% concentration. The producti...
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