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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
Styrene monomer prices in Asia peaked to three-year highs on Thursday, on supply concerns for August and September due to turnarounds and unknown restart dates for three plants that were ...
PET prices in Asia rose as they saw support from several factors including higher upstream costs, improved demand and tight availability as per ChemOrbis. Amid these bullish market dynami...
Indian Oil Corp (IOC) has sold a total of 80,000 tons of naphtha in three cargoes at premiums of around US$20/ton. Cargoes from Dahej and Kandla fetched sharply higher premiums. IOC sol...
Asia's naphtha price ended last week at a two-session low, but cracks extended gains to reach a three-session high, and timespreads improved further on easing tight supplies, as per Reute...
Two chemical business arms of PTT Plc PTT Chemical Plc and IRPC Plc saw healthy profit growth of over 100% in Q2-2011, mainly driven by high demand in the region. Another unit, PTT Aromat...
Amyris Inc. has signed a collaboration agreement with Kuraray Co. Ltd. to develop innovative polymers from Biofene™, a renewable hydrocarbon building block made using Amyris’s technology....
A fire has struck the third refinery of the group's petrochemical subsidiary Formosa Petrochemical Corp. (FPC) at midnight last Friday. State-run oil refiner CPC Corp. Taiwan will help Fo...
As margins have been under exceptional pressure for this FY, HPL is serious about expanding its product basket. As a result, Haldia Petrochemicals Ltd (HPL) is mulling a broad technologic...
Formosa Plastics USA plans to expand the annual capacity of ethylene of its naphtha cracking complex by 800,000 tons, from the original plan of 450,000 metric tons. Investment outlay will...
Solvay announced that it plans to create a 50:50 joint venture with Sadara Chemical Company (itself a planned joint venture of Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemica...
Import PP prices in China and Southeast Asia have posted noticeable increases over the past month as sellers in both regions struggled to achieve price hikes in line with the spurt in spo...
Formosa Plastics Group will invest about US$413 mln to improve pipelines at a major oil refinery amid fresh safety concerns after recent blazes. The group plans to work on 1,063 pipelines...
Buying sentiments are expected to turn bearish as the market absorbs news of the pipeline fire at Formosa Petrochemical's Mailiao refinery late Tuesday, as per Platts. Demand from Formo...
Japan's Mitsui Chemicals plans to restart a 553,000 tpa naphtha cracker at its Ichihara plant in Chiba, after a turnaround, as per Reuters. The cracker was shut on July 1 and was original...
Total Petrochemicals USA has embarked on the process of restarting several processing units at its Port Arthur, Texas, oil refinery after a lightning strike forced shutdowns, the company ...
With effect from July 1, 2011, Domo Polypropylene BV will become Ducor Petrochemicals BV. Domo Polypropylene is a joint venture between Belgium's Domo Group and Israel's Carmel Olefins. D...
Naphtha prices and cracks in Asia have fallen to a four-session low on Wednesday as news Asia's that top naphtha buyer Formosa is likely to delay the restart of the No. 1 cracker and shut...
Bechtel Corporation and Linde AG plan to work together to expand and build ethylene crackers in North America. With the growth in shale gas production in North America, ethylene producers...
Sabic Innovative Plastics strategic business unit is to add new production lines of the company's world-renowned Lexan* polycarbonate (PC) resins and films in Shanghai and Nansha, China....
NOVA Chemicals, a developer and manufacturer of plastic resins, chemicals and end-products, and Statoil Marketing and Trading (Statoil) have entered into a memorandum of understanding (MO...
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