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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
South Africa-based petrochemicals group Sasol Ltd. along with its partners Uzbekneftegaz and Malaysia’s Petronas, has agreed to install a gas-to-liquids (GTL) project in Uzbekistan, sign...
Ethylene production in August 2011 rose by 1.9% year on year and 8.2% month on month, in Japan to 612,400 tons. This is the first increase in two months as reported by the Japan Petrochem...
Formosa Petrochemical Corp has restarted operations at its 700,000 tpa No. 1 naphtha cracker at 65% capacity. The cracker has been shut down since a fire on May 12, as per Reuters. It wil...
The US Federal Reserve unveiled a stimulus plan seeking to lower lending rates and spur economic growth with a US$400 bln program to sell short-term Treasury bills and buy long-term debt ...
Delhi government’s ban on the use, sale and storage of plastic bags in 2009 shows signs of failure two years on, mainly due to the shoddy implementation. This has prompted the environment...
LANXESS is strengthening its commitment to produce premium synthetic rubbers from bio-based raw materials. The German specialty chemicals company aims to commercially produce ethylene-pro...
The spread between styrene monomer and feedstock naphtha has shrunk to US$453/mt, the lowest level since July 13 due to falling SM prices and relatively stable naphtha, as per Platts. The...
In a bid to hold the market steady, PP sellers initially asked for rollovers for September in Italy, as per ChemOrbis. This was despite the €37/ton drop in the monthly propylene contract....
Malaysia's biggest independent power producer Malakoff Bhd, may build another power plant in Johor to meet future power demands of the state. The new plant will be adjacent to the existin...
JX Nippon Oil & Energy has planned a maintenance shutdown at its 140,000 tpa Kawasaki propylene plant in Q2-October 2011.
China Petroleum & Chemical Corp (Sinopec) has reduced by 4%, ex-works prices for butadiene in East and South China for the second time in September by Yuan 1,000/mt (US$157/mt) to Yuan 26...
As the market awaits results of a US Federal Reserve meeting for possible stimulus measures to spur economic growth, oil prices lingered at US$87. Benchmark oil for October delivery dippe...
PT Barito Pacific Tbk (BRPT) has sold 7.13% of its stake in Chandra Asri Petrochemical (CAP) to SCG Chemicals Co., Ltd. (SCG), along with Apleton Investment Ltd (a subsidiary of Temasek H...
South Korea's SK Engineering & Construction Co. (SK E&C) has secured a US$3.5 bln contract to build a petrochemical plant in Egypt. The agreement has been made with Egypt private company ...
Williams’ Board of Directors has approved an expansion of its Geismar olefins production facility. The expansion will increase the facility's ethylene production capacity by 600 mln lbs p...
Indorama Ventures Public Company Limited, the world’s leading vertically integrated Polyester Value Chain producer, has signed an agreement to acquire Wellman International’s recycling bu...
Sellers started to pronounce fresh October import PVC prices to China, in line with the previous market expectations focused on lower levels due to the weak demand, as per ChemOrbis. For ...
Toluene prices in Asia have been supported by limited supplies due to turnarounds at major players. South Korea's Honam Petrochemical will shut its 120,000 tpa Daesan toluene unit from Oc...
Asian benzene's discount to toluene sank widened to a 30 month low on Tuesday morning, with the spread pegged at -US$44/mt, lower than on the previous day by US$17/mt, as per Platts. On M...
South Korea's Hanwha Chemical has decided to abandon a plan to buy Indonesian chemical producer Sulfindo Adiusaha, in a potential US$700 million deal, as per Reuters. The potential deal w...
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