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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
South Korean purified terephthalic acid (PTA) and PET bottle chip exports to the European Union are enjoying a 25% cut in import tariffs, with effect from July 1, as its free trade agreem...
HC Petrochem plans to invest US$568 mln in a BTX complex in Daesan, South Chungcheong Province. This will be the cmpany’s second BTX complex, which produces benzene, toluene and paraxylen...
China's BP YPC Acetyls will idle its 500,000 tpa Nanjing acetic acid plant for around 20 days from early August while its upstream carbon monoxide supply is interrupted due to maintenance...
Local PP and PE prices in China have posted increases this week following prolonged downward trends, as per ChemOrbis. Prices began to move higher late last week when crude oil and napht...
Toyota's new hybrid vehicle, "Prius a" (Prius alpha), features automotive interior parts made of DuPont Sorona EP polymer, a high-performance, renewably sourced thermoplastic resin, contr...
Despite financial benefits gained by Haldia Petrochemicals Ltd (HPL) from the waiver of import duty on the naphtha it uses as feedstock, HPL will wait for the viability of its unit to be ...
India's Reliance Industries sold a naphtha cargo for end July loading at US$13-14/ton above Middle East quotes on a free-on-board (FOB) basis, slightly higher than a previous sale, reflec...
China’s polyolefin market has improved over the last week thanks to a recovery in oil prices and anticipated tighter supply of polyethylene (PE) and polypropylene (PP), as per ICIS. A US$...
Turkey is to impose 5% safeguard duty on import of PET (Polyethylene Terephthalate) originating from all countries for a period of three years, which is extendable for another three years...
UOP LLC, a Honeywell company, announced today that China’s Wison (Nanjing) Clean Energy Company Ltd. has selected UOP technology to convert methanol into building blocks for chemical prod...
Very simple and inexpensive manufacturing methods in which flexible layers of material are deposited over large areas like cling-film can be used to make efficient solar cell structures, ...
A new set of PP resins for spun bond applications has been introduced by Saudi Basic Industries Corporation (SABIC). These high-performance, food contact-compliant materials address the f...
After being on a downward trend for the past few months, China’s PP market has showed some recovery, recently as per ChemOrbis. Firmer naphtha costs in Asia and rebounding crude oil price...
Saudi Aramco will delay naphtha shipments from its Rabigh refinery by about five days for unclear reasons, as per Reuters. Despite the brevity of the delay, sentiments are expected to lif...
Benzene prices in Asia rose for a third consecutive day Wednesday as the downstream styrene monomer market surged amid higher crude futures and naphtha prices, as per Platts. FOB Korea pr...
Benchmark oil for August delivery dipped to US$96.7 on the Nymex from US$96.8 on Tuesday. In London, Brent crude dipped to US$113.50 on the ICE Futures exchange. Oil prices lingered be...
Hengyi Petrochemical plans to set up a 1.5 mln tons Terephthalic Acid (PTA) plant. The project is expected to be complete in about two years’ time, after which the PTA production capacity...
The US is building on its cost advantages in ethane feedstock with the development of shale gas reserves promising to lead to a revival in investment in cracker capacity over the next 5-7...
Haldia Petrochemicals Ltd (HPL) has incurred a loss of Rs 247 crore in the first quarter. As a persistent downtrend continues in polypropylene and ethylene prices, HPL plans to keep away ...
The prompt European naphtha market nudged back into backwardation on Tuesday despite reports of steam cracker shutdowns in Asia and a finely balanced European market, as per Platts. The E...
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