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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
BP has signed an agreement with JBF RAK LLC. A new 390,000 tpa polyethylene terephthalate (PET) production unit will be build by JBF RAK LLC as per the agreement, at BP's petrochemicals c...
This week, inside China, sellers raised prices of HDPE, LLDPE and LDPE by significant margins on the heels of last week’s price increases as per ChemOrbis. Producers were in agreement th...
Naphtha prices in Asia are at a two-week low on Thursday, while cracks edged higher. This was coupled with news that South Korean spot prices flipped to premiums for the first time in abo...
Naphtha margins are on the rise in Asia. Naphtha's premium to London-traded Brent crude futures (crack spread) rose to US$119/ton from US$111 on the previous day, as per Bloomberg. Glenc...
Taiwan's privately owned refiner Formosa Petrochemical Corp is incurring an estimated cost of about T$83 million (US$2.87 mln) each day that its 540,000 bpd Mailiao refinery remains shut,...
Import prices of polypropylene are on the rise in Indonesia amid limited avails, rising by 60-70 dollars to US$1790/ton, as per EMPO Interactive. PP supplies have been impacted by yet ano...
The Saudi International Petrochemical Company (Sipchem) announced that it has spent over SR150 mln to construct its corporate Research and Product & Application Center - at the Dhahran Te...
Gevo Inc. has announced plans to work with South Hampton Resources, Inc., a subsidiary of Arabian American Development Co, to build a hydrocarbon processing demonstration plant outside of...
The Ministry of Environment and Forests’ Plastic Waste (Management and Handling) Rules, 2011, notification dated February 4 states that no carry bags shall be made available free of cost ...
Oil prices continued to fall in Asia, as a rally spurred by bargain-hunters lost steam amid persistent fears that the global economy would slow, affecting crude oil demand. New York's mai...
Iran's Oil Ministry plans to set up three new petrochemical plants to augment propylene production. The planned propylene plants will be located at the refineries of Imam Khomeini, Shazan...
Based on the data released by the Turkish Statistical Institute (TUIK), Turkey’s plastics imports slipped in June from May, falling for the third consecutive month since this March, as pe...
The narrowing of the price spread between gasoline and naphtha in Northwest Europe follows gains in the September naphtha crack spread, as per Platts. The gasoline-naphtha spread was asse...
After a near three year lull, Reliance Group has revived interest in West Bengal, as it looks to the state government to chalk out a concrete policy before investing there, as per Busines...
Taiwan's Formosa Petrochemical has advanced a maintenance schedule at its 190,000 tpa MTBE plant at Mailiao. The MTBE plant, scheduled for a 25-day turnaround over from August 11-Septembe...
Growth of the packaging industry in Japan is driven by growth in exports and a growing food processing, beverages and luxury products market. In 2010, the Japanese packaging market was va...
Honeywell's company UOP LLC has been selected by Zhejiang Julong Petrochemical Co. Ltd (ZJLPC) to supply core technology for a new unit to manufacture propylene at its facility in Pinghu ...
Shandong Shenda Chemical Industry Co., Ltd. (Shenda), has chosen UNIPOL™ Polypropylene Process Technology from The Dow Chemical Company (Dow) for its new 200,000 tpa methanol-based polypr...
KBR has been awarded a contract by China National Coal Group Corp. to supply ammonia technology, process design package and technical services for two ammonia synloop units with 1660 tons...
BASF has planned to augment capacity of insulation material Styrodur C 220,000 m³ at the Ludwigshafen site, raising capacity of extruded polystyrene rigid foam panels (XPS) from the curre...
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