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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 were mixed in Asian trade after Standard & Poor's downgrade of Italy's sovereign debt rating, which raised nervousness in the market. The US credit ratings firm cut Italy's sov...
As compared with 2010, Saudi Arabia’s total PE capacity will rise 20% to 8.86 mln tpa, PP capacity will rise 11%, and PS, PET and PVC capacities will remain unchanged, as per Business Mon...
Polymers that fluoresce in the presence of bacteria have been developed by researchers at the University of Sheffield. This will pave the way for the rapid detection and assessment of wo...
Spot PET in Asia has posted four consecutive weeks of rising prices even as most other polymer prices in the region have declined, as per ChemOrbis. Sources attribute the steady rise in P...
A study has revealed that it finds no clear evidence that people's exposure to bisphenol A (BPA) is related to their risk of diabetes, as per Reuters Health. In a study of 3,400 Chinese...
Formosa Petrochemical Corp has not restarted its 700,000 tpa No. 1 naphtha cracker as expected, likely due to ongoing repair work, as per Reuters. This is contrary to the expectation of m...
Naphtha prices in Asia dropped to a two-session low on Monday due to lower Brent crude prices, but cracks hovered around a three-week high on persistent healthy demand on the back of tigh...
India’s state-owned BPCL plans to invest US$400 mln for a 10% stake in a liquefied natural gas (LNG) terminal in Mozambique, as well as invest US$1.3 bln in a greenfield petrochemicals c...
Targa Resources storage and shipment center in Mont Belvieu, Texas reported an ethylene leak. As a result, this led to temporary closure of a one-mile-long stretch of Texas Highway 146 fo...
Bharat Petroleum Corp Ltd (BPCL) has sold a total of 210,000 tons of naphtha for third-quarter lifting from Mumbai to Matrix and Marubeni at premiums of US$19.50-$20.50/ton to Middle East...
Asian crude oil prices plunged below US$87 a barrel with investors' worries about the debt crisis in the Eurozone fueling a stronger U.S. dollar. The euro has weakened this month amid gro...
Bharat Petroleum Corporation Ltd (BPCL) is planning to invest Rs 40,000 crores to venture into the niche petrochemical segment. With this, India's second biggest oil marketing company wil...
Wison Engineering Ltd. has officially opened the doors to its brand new overseas representative office in Jakarta, Indonesia. It is the company's second office in Southeast Asia, followin...
Graham Corporation has been awarded orders for three steam surface condensers, two for the Chinese market and one for the U.S. market, totaling US$4.3 mln. The company is a global designe...
Leading Indian polymer processor Time Technoplast, plans to set up an industrial packaging plant in Malaysia, as per PTI. The project, to manufacture plastic packaging products, including...
Polish oil group PKN Orlen is aiming to expand its value chain in petrochemicals still further and is considering heading downstream into PET polymer production, as per European Plastics ...
Asia's naphtha price was around its highest in a week on Friday and cracks were at a three-week high as demand steadied amid tighter supplies due to a persistent lack of European imports....
Subsidiary of Foster Wheeler AG's Global Engineering and Construction Group has been awarded a contract by Sasol Chemical Industries Ltd to provide engineering, procurement and constructi...
In Egypt, players in the local PE and PS markets have been suffering from a pocket of tightness for despite overall slow demand, as per ChemOrbis. The products facing supply issues are HD...
In a move that will help it cope with an ongoing ethylene supply shortage, Taiwan's state-owned oil refiner CPC Corp has imported its first batch of ethylene from mainland China, as per C...
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