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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
Asian PP markets have been tracking an upward trend for the last few weeks on the strength of stronger upstream costs and tight supplies as a result of plant shutdowns at several producer...
Naphtha prices in Asia dropped to two-week lows on Tuesday with cracks slipping to a four-session low, as per Reuters. However, spot prices were higher in South Korea although still at di...
Formosa Petrochemical Corp plans to go ahead as planned, with a 40-45 day maintenance shutdown at its 1.2 mln tpa No. 3 cracker, as per Reuters. This is the largest of its three crackers,...
Despite increases in polypropylene offers from Asia to Latin America by US$60-100/mt for August, Asian prices remain very competitive in the region, as per Platts. Asian prices have been ...
Dow Chemical Co. (DOW) has agreed to pay a civil penalty of US$2.5 mln to settle alleged air, water and waste violations at its Midland, manufacturing and research complex, as per the Dep...
IRPC Plc, a subsidiary of PTT Plc, plans to increase its acrylonitrile butadiene styrene (ABS) production by 50% to 180,000 tpa in a bid to capitalise on growing demand from electrical an...
Taiwan's Formosa Plastics has reduced run rates at two of its polypropylene units on account of shortage of feedstock propylene, after a fire at feedstock supplier Formosa Petrochemical C...
Spot prices for ethylene, propylene and styrene have all been rising steadily over the past month in Asia, with styrene and propylene have been rising at a much quicker pace, as per ChemO...
Saudi Industrial Investment Group (SIIG) has established a joint venture company to produce nylon and downstream petrochemical products, as per Platts. The venture, called Petrochemical C...
Essar Projects Ltd.(EPL), part of Essar Group, has secured a US$320 mln (approx Rs 1450 crore) EPC contract from Jurong Aromatics Corporation (JAC), Singapore. This contract forms part of...
A delay in implementation of the Assam Gas Cracker has lead to a hike in project costs to Rs 8,879 crore from Rs 5,461 crore. These delays can be attributed to several causes including te...
The recent fire that broke out at Formosa Petrochemical Corp.- the seventh at Mailiao complex, has resulted in closure of the plants for safety checks. This has led to a standstill in exp...
Petroleo Brasileiro (Petrobras) plans to invest US$11 bln in oil exploration, production and refining projects in Mexico uptil 2015. Most of the investment will go into petrochemical plan...
The Linde Group has been commissioned to build and operate two large air separation plants to supply gases on site to the Chinese company Yantai Wanhua in Shandong (East China). The contr...
Chilean producer Petroquim is expected to restart operations of its 100,000 tpa polypropylene (PP) plant in Concepcion, Chile, by August 3, after a maintenance shutdown that started on Ju...
BASF Corporation and Total Petrochemicals USA, Inc. have announced a change in ownership of the Sabina Petrochemicals LLC joint venture that operates one of the world’s largest C4 complex...
Lubrizol, an innovative specialty chemical company, announced that its business unit, Lubrizol Advanced Materials has started the multimillion-dollar expansion project at its manufacturin...
Fire early Saturday morning damaged part of a refinery operated by Formosa Petrochemical Corp. at the Mailiao petrochemical. Formosa Petrochemical is reported to have closed down part of ...
Petrochemical conglomerate Formosa Plastics Group (FPG) CEO Wang Wen-yuan recently accepted the resignation of two senior officials as the outcome of a second fire at the No.6 Naphtha Cra...
Oil prices have lingered as traders kept a close eye on the debt-ceiling standoff in Washington for signs of how it would impact the world's largest economy. New York's main contract, lig...
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