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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
Iran and Venezuela have started to build a methanol unit in Assaluyeh in the southern region of Bushehr. This petrochemical complex will help the Islamic Republic to keep its uptrend in t...
Despite allegations of dumping from countries such as China, Turkey and Pakistan, a 6.6% increase in Saudi Arabia's petrochemical exports to Asia has been recorded in H1-2011 as compared ...
CPC Corp is to complete retrofitting of its ageing No 3 naphtha cracker by next June, with commercial production slated to commence in early 2013. The retrofitting will triple ethylene ca...
The halted Jurong Aromatics Corporation (JAC) project, originally planned for start-up in 2011, is finally getting on track. Upon completion in 2014, the output will comprise of 2.5 mln t...
Taiwan's Formosa Petrochemical Corp has restarted one of the three crude distillation units (CDU) at its 540,000 bpd refinery after it was completely shut in end July, as per Reuters. For...
Asia's naphtha price recovered from a week low to reach a two-session high on Monday, but cracks eased about 1%, while intermonth spreads remained firm on tighter supplies, as per Reuter...
July naphtha imports in Japan for the petrochemical sector fell 9.7% in July 2011 from July 2010, marking the fifth consecutive month of year-on-year decline after a massive earthquake in...
By late afternoon in London, Brent crude fell to US$107.1, while US sweet, light crude rose to US$83.1. News of rebels marching into Tripoli could result in an end to the strife in Libya ...
In addition to two pressure tanks that have been shut, the Taiwanese government has ordered Formosa Plastics Group to suspend use of four more pressure tanks at Mailiao petrochemical comp...
The use of both granule LFT PP (LFT-G) and direct compounding and moulding in-line of LFT PP (LFT-D) along with its use by vehicle around the world has been discussed in a report by AMI C...
Haldia Petrochemicals Ltd (HPL) is in talks with Reliance Industries Ltd for market segregation, and is also trying to enhance its focus on markets in East India by widening its product r...
Kuwait Petroleum Corp (KPC) has sold over 100,000 tons of full-range naphtha for September 10-20 loading at a premium of US$18-19/ton, reflecting a nearly 55-60% increase from its previou...
Ample competitiveness has pushed US polyethylene producers to defer their 5 cents/lb price hike for August to September, as per Platts. ExxonMobil was said to be the first producer to giv...
The premium between GPPS and HIPS prices has widened steadily over the past year In China, as per ChemOrbis. Higher HIPS production costs as well as relatively better demand for HIPS fro...
The new state government in West Bengal has decided to scrap the proposed petroleum, chemicals and petrochemicals investment region (PCPIR) on Nayachar island in Bengal's East Midnapore d...
The Brazilian unit of German chemical giant BASF plans to invest Euros 500 mln (over US$700 mln) in an acrylic acid plant in the northeastern Brazilian state of Bahia. An agreement has be...
The Saudi packaging industry, which was valued at US$4.4 bln in 2010, is expected to reach US$5.5 bln in 2015. The industry is expected to grow at a CAGR (Compound Annual Growth Rate) of ...
Naphtha prices in Asia dipped to a week low at the end of last week, but cracks stayed firm at their highest level in 3-1/2 month on tighter supplies amid healthy demand, as per Reuters. ...
French company Technip has won the Front End Engineering Design (FEED) contract to design a capacity-doubling expansion of Qatargas' Laffan condensate refinery aiming to raise its export ...
Sumitomo Chemical Co., Ltd. (Sumitomo Chemical) and Jilin Xindongtai Engineering Plastics Co., Ltd. (Xindongtai), a Chinese plastic compound producer, established a joint venture company ...
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