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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
After a recent drop in global stock market, crude oil prices in US reduced by 6%, as traders worry about the warning of a fresh recession that could crash energy demand. The price drops c...
Spot homo-PP prices in China have been trading close to par with spot propylene prices on an FOB Korea basis since the beginning of August, resulting in significantly squeezed margins for...
As supply from the Middle East falls, LyondellBasell is seeking additional polypropylene allocation from its South Korean joint venture Polymirae, as per Platts. Al-Waha Petrochemicals, L...
In a bid to revive the delayed US$10 bln refinery cum petrochem project planned at Vizag, Hindustan Petroleum Corp Ltd (HPCL) is in talks with BP Plc and Total SA of France. Both the fore...
South Korea's S-Oil has sold 33,000 tons of light naphtha for Sept. 15-27 loading from Onsan to a Japanese trader at premiums of around US$3.50/ton to Japan quotes on a free-on-board (FOB...
Brazil's Petrobras is ramping up its purchases of North African naphtha, adding to pressure in the Mediterranean markets, as per Reuters. The Mediterranean is faced with tight supplies be...
South Korea's Honam Petrochemical bought 50,000 tons of naphtha at around US$2/ton above Japan quotes on a cost-and-freight (C&F) basis, highest premium paid in the country in 3-1/2 month...
Inking of an agreement by four petrochemical companies in Taiwan with Chinese partners for a proposed petrochemical project in Fujian Province by 2015, at the earliest; has met with oppos...
Egypt's domestic petrochem maker - EPC announced EGP250/ton ($42/ton) increases on PVC k67-68 and 70 offers at the beginning of this week, as per ChemOrbis. The increase decision was not ...
With effect from this month, South Korean Hyundai Oilbank's new 52,000 bpd residue fluid catalytic cracker at its Daesan refinery is gradually switching to propylene production from gasol...
Fluor Corporation has been awarded an engineering, procurement and construction (EPC) contract by SAPCo, a joint venture company being formulated between Saudi Acrylic Acid Company and Ev...
South Korea's Daelim Industrial is on the lead to clinch the deal to build parts of Sadara Chemicals- a petrochemical complex owned by state oil giant Saudi Aramco and Dow Chemical, at an...
South Korea's Samsung Petrochemical will pre-schedule commencement of production in September or October at its newly improved 400,000 tpa purified terephthalic acid (PTA) line in Ulsan, ...
Decreasing naphtha prices along with stronger product prices have contributed to higher operating profit in July for Haldia Petrochemicals Ltd (HPL) as per thehindu.com. HPL sources 75% o...
Sunoco, Inc. has reached a definitive agreement to sell its phenol manufacturing facility in Haverhill, Ohio, to Haverhill Chemicals LLC, an affiliate of Goradia Capital LLC. The transact...
The EU commission wants to enforce a ban of plastic carrier bags all over Europe as quickly as possible, due to the extensive pollution caused by thrown away plastic carrier bags and the ...
Dalian Fujia Petrochemical Co Ltd has begun shut down procedure of its 700,000 tpa paraxylene plant following orders of Chinese authorities after thousands of local residents demonstrated...
Crude oil prices plunged by over a dollar, after a meeting between French and German leaders failed to relieve worries about the euro zone debt crisis. Heads of State of France and German...
US ethylene margins using E/P mix and ethane as feedstocks showed marginal gains for the week ending Aug. 12. Platts also reported that propane dipped slightly and light naphtha fell off ...
Oil rose by about a dollar at the beginning of the week, supported by hopes that leaders in Europe will come up with solutions to the region's debt crisis. Oil prices have weakened with c...
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