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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
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...
US-based Dow Chemical has agreed to sell its polypropylene (PP) business for US$340 million to Braskem, catapulting Dow into number one PP maker position in North America. The assets invo...
Hengyi Petrochemical plans to set up a 1.5 mln tpa Purified Terephthalic Acid (PTA) plant. As per Chemical Weekly, upon completion of the project in about two years’ time, the PTA product...
Middle Eastern PE suppliers have started to reveal August LDPE, HDPE and LLDPE prices to the Mediterranean markets including Turkey, Egypt and Italy this week, as per ChemOrbis. After a d...
In a bid to be meet growing demand from automobiles and consumer electronics, Korea Kumho Petrochemical Co. and its three subsidiaries plan to spend 880 bln won (US$837 mln) to scale thei...
Another fire occurred at Formosa Plastics Group’s petrochemical complex in Yunlin County. The Yunlin County government has not responded to the latest fire at the Mailiao complex. The fi...
The European Commission cleared on 26 July, under the EU Merger Regulation, the proposed acquisition of the Suspension Polyvinyl Chloride ("S-PVC") business of the Belgium-based Tessender...
US ethylene spot prices rose this week on potential demand related to scheduled cracker maintenance over the next three months, as per ICIS. Ethylene for July traded as high as 61.50 cent...
In a bid to primarily fund expansion activities at existing and new refinery projects, Hindustan Petroleum Corporation (HPCL) plans to raise US$300 mln in the second half of the current f...
PetroChina plans to delay again, startup of a planned maintenance of its 200,000 bpd Dushanzi refinery by two to three weeks to late August, as per Reuters. PetroChina had initially pla...
China’s imports of most petrochemical products continued to decline in June 2011 on restricted domestic demand, partly due to limited access to credits amid continued monetary tightenin...
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