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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
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...
Asia's physical timespreads remained negative after nearly a month as cracker outages and expectations of high spot supplies weighed on prices, as per Reuters. South Korea's Samsung Tot...
Italy’s PS market has been under renewed downward pressure from lower styrene costs, as Europe’s July styrene contracts settle fully with an average decrease of €95/ton from June followin...
Benzene prices in Asia rose for the second consecutive day as a firmer downstream styrene monomer market offset an upstream fall in crude futures. As per Platts, FOB Korea price rose by f...
UOP LLC, a Honeywell company, announced that China's Wison (Nanjing) Clean Energy Company Ltd. has selected UOP technology to convert methanol into building blocks for chemical products a...
Burel Industries has selected UNIPOL™ Polypropylene Process Technology by Dow Chemical Company for its new 250,000 tpa polypropylene facility at Gebang Industrial Park in Kuantan, Malaysi...
With climate change causing increasingly severe weather conditions worldwide, the demands on the construction industry are growing. Roofing membranes have to be able to withstand heavy ra...
Four major subsidiaries of Formosa Plastics Group, posted slumps in revenue last month because of the ordered closure of their petrochemical plants and monetary tightening measures in Chi...
The Brunei Economic Development Board (BEDB) announced that His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam has consented to the establishment of a US$2.5 bln oil refinery...
The Central Board of Excise and Customs has issued a notification exempting Haldia Petrochemicals Ltd (HPL) from 5% import duty on naphtha with effect from July 1. As a result, HPL will s...
Globally, spot propylene prices are facing downward pressure over the past week as sluggish demand and lower July contract settlements largely negated the effects of the recent up-tick in...
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