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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
In a bid to encourage buying amid low cash flows, polymer traders are seeking ways to spur trading activity. As credit and cashflow tightens in China, sellers are increasingly agreeing to...
Gasoline cracks in Asia rose to a five-week high on Thursday on the back of tight prompt supplies and firm demand from two of its largest importers-Indonesia and Vietnam, as per Reuters. ...
Contradictory profit margins in benzene and styrene production chain has been seen in North West Europe, amid strong demand for benzene due to strong prompt demand for benzene supports pr...
Amidst a significant drop in crude oil prices last week, a pocket of tightness in the Egyptian market led to a significant increase in local HDPE prices this past week as per ChemOrbis. ...
The Bureau of Public Enterprises (BPE) has denied selling the 5% Federal Government shares in Eleme Petrolchemical Co Ltd. illegally for N4.375 bln to Inorama, as per NIgerianpilot. A st...
Subject to government approval Taiwan's Formosa Petrochemical Corp is ready to start up its 540,000 bpd refinery in stages. The refinery was completely shut following a fire at a secondar...
Qatar International Petroleum Marketing Co. (Tasweeq) is reported to have offered 360,000 tons of naphtha from the Pearl gas-to-liquids plant, chemicals news service ICIS reported. The ...
The slump in oil prices this week amid weaker economies, has led the International Energy Agency (IEA) to cut its global outlook for 2011 by 60,000 bpd than previously projected. Oil pric...
Ukrainian petrochemicals manufacturer Karpatneftekhim has commenced production at a new 300,000 tpa suspension PVC plant. The Ukrainian company is part of Russian Lukor-Neftekhim, as per ...
Temasek Holdings, Singapore’s state-owned investment company, is considering selling 22.9% stake held by it in Indonesia’s PT Chandra Asri Petrochemical, as per Bloomberg. Buzz is alive ...
Russian petrochemicals giant Sibur Holding has consolidated production of acrylic acid and its derivatives with its purchase of JSC Acrylate of Dzerzhinsk, Russia, as per Prw.com. The JSC...
The matured markets for ethylene dichloride (EDC) in the developed countries of Western Europe and Northern America have seen slight declines during last 4-5 years. These markets add up l...
State-owned Indian Oil Corporation’s (IOC) Paradip Refinery in Orissa is expected to be completed one year after the pre-decided schedule in Q1-2013. This delay could pose some tax proble...
Eastman Chemical Company has completed acquisition of Sterling Chemicals, Inc., a single site North American petrochemical producer, for US$100 mln in cash. This acquisition includes Ster...
Positive data about US jobless benefit claims calmed investors, reducing some of the worries about the euro zone crisis, the US credit downgrade and weak economic data that weighed on mar...
The premium separating spot HDPE film prices on a CFR China basis from spot ethylene prices in Asia has begun to narrow once again after having maintained a healthy premium over the past ...
Wind turbine blade manufacturing is a developing business as the wind energy industry looks to have fewer, larger turbines offshore, which presents performance challenges for composite ma...
Aither Chemicals, a company formed to produce petrochemicals from the ethane in the "wet" Marcellus shale gas extracted in northern West Virginia, has received a commitment of US$250,000 ...
Saudi International Petrochemical Company (Sipchem) has postponed a shutdown of its 330,000 tpa vinyl acetate monomer plant once again in Jubail to September-October, as its catalyst is w...
Borealis has announced a net profit of E168 mln for the Q2-2011, an increase of E76 mln compared to Q2-2010. This results in a net profit of E 341 million for H1-2011 compared to E146 mil...
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