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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 up significantly as traders await Federal Reserve chairman Bernanke's speech to the central bank's annual retreat, and on fears that Hurricane Irene could disrupt supplies...
Uzbekistan's Uzbekneftegaz has awarded US$2.6 bln contracts to build Ustyurt gas-chemical plant to a South Korean consortium comprising of GS Engineering & Construction, Samsung Engineeri...
UOP LLC, a Honeywell company, announced that it has been selected by Kiangs Hail Chemical Industry Co., Ltd. to provide key technologies to produce propylene, cymene and phenol at its fac...
South Korea and Kazakhstan agreed on two US$4 bln projects for constructing a thermal power plant and a petrochemical complex in the Central Asian nation. The thermal power plant is expec...
A Category 3 storm with winds of 115 mph at the threshold for a major hurricane, could be the strongest to strike the East Coast in 7 years, as it threatens 65 million people along the sh...
French oil company Total is preparing a reorganisation to merge its refinery and petrochemical activities, as per Reuters. The reorganization, to be announced during the autumn, will lead...
Operating rates at the 640,000 tpa propylene oxide styrene monomer (POSM) LyondellBasell/Bayer JV unit in Maasvlakte, the Netherlands, have been cut due to poor downstream demand. However...
Polypropylene demand in the Mexican domestic market during July and August grew 14-15% over May and June, as reported by Platts. This could be attributed to an upsurge in demand at the on...
Propylene spot prices in China may not increase further on weak buying sentiments amid worries over the global economy and volatile feedstock crude prices, as per ICIS. The European debt ...
Initial September PE prices in Asia have been announced with decreases from August, although the market remains under downward pressure as most buyers expect further decreases in the comi...
LG Chem bought three naphtha cargoes for delivery to South Korea in the first half of October, as per ICIS. Two cargoes have been bought at a premium of US$4.50/ton to Japan naphtha price...
Europe's largest used Sheet Line dealer- TransXL International Limited has recently purchased a 1996 2300mm Welex co extrusion sheet line to add to its extensive range of sheet lines curr...
Sugar production firms run by the Food Industries Holding Company (FIHC) Egypt agreed in principle with state-run petrochemical companies to launch a project for producing plane fuel. The...
As part of its global growth strategy, US based Eastman Chemical Company has opened a new subsidiary, Eastman Chemical India Pvt. Ltd. in Mumbai, as per Chemical Weekly. Commenting on th...
Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - has received an order for compact heat exchangers for phenol plant in China. The order value is a...
A chemistry to make diapers and other absorbent products friendlier to the environment-with the aim of making them cost competitive, has been developed by scientists at Battelle. The next...
Taiwan's Formosa Petrochemical Corp has shut its 1.2 mln tpa No 3 cracker- the largest of its three naphtha crackers, for a 40-45 day maintenance around Aug. 15 as planned. However a deci...
Naphtha prices in Asia have spiked to a three week high on Wednesday supported by Brent crude. Naphtha cracks hover around a 3-1/2 month high on firm sentiments, as per Reuters. South...
Asian benzene prices are at a US$1/mt premium to toluene. FOB Korea toluene marker was assessed at US$1117/mt on Tuesday, up $13.50 from Monday, while the FOB Korea benzene marker was ass...
China's propylene imports in July totaled 157,547 mt, surging 62% from 97,336 mt in June, due to a sudden influx of Saudi Arabia-origin cargoes amid downstream plant outages there, the la...
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