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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
China’s total polymer imports in May 2011 dipped marginally both on a monthly and yearly basis, according to Chinese Customs Agency as per ChemOrbis. Although the total imports were down ...
PetroLogistics is in talks with Bayer Corp. about acquiring some of its property in West Virginia to develop a facility to convert ethane from Marvellus Shale gas and turn it into ethylen...
An initial European propylene contract price for July has settled at €1130/ton (US$1614/ton), down €75/ton from June, as per ICIS. The contract is agreed on a free delivered (FD) northwes...
Spot polypropylene (PP) prices have tumbled by around US$140/ton (8%) for July cargoes in the Middle East from June. This fresh price drop was triggered by producers in the Gulf Cooperati...
Mitsubishi Chemical Corp expects to restart its 375,000 tpa No.1 naphtha cracker at its Kashima plant on Thursday, three days later than planned. This delay has been caused because of mor...
Asia's naphtha price rebounded from a five-month low to settle at a two-session high; while cracks stayed sharply below this year's average due to ample supplies, as per Reuters. South ...
Gevo Inc. has successfully produced fully renewable and recyclable polyethylene terephthalate (PET) with its potential customer, Toray Industries, Inc. (Toray). Toray is one of the world'...
The Delaware House has unanimously passed legislation banning the chemical bisphenol-A (BPA) from baby products. The ban applies to all bottles and cups that can be filled with food or l...
Current paraxylene (PX) prices in Asia that remain much higher than naphtha values despite recent sharp falls in the spread, have motivated South Korean PX producers to run plants at full...
Players in India report a significant decline in PVC prices over the past week in both import and domestic markets owing to cheaper import offers along with declining VCM prices as per Ch...
Hengyi Petrochemical plans to raise three billion yuan by issuing 65 million shares at 46.4 yuan per share in a private placement, reports Shanghai Securities News, towards production of ...
Indian Oil Corporation Ltd (IOCL), the nation's largest oil marketing firm, hopes to commission its proposed 15 mln tpa refinery project at Paradip by mid-2012. The oil major has already ...
Lotte Pakistan PTA Ltd is currently focusing on expansion of its plant with an investment of US$400 mln to serve the domestic market, as well as the export market. 40% of the company’s ou...
Japan's naphtha imports for the petrochemical sector fell 9% in May 2011 vs from May 2010, as per Reuters. Imports of naphtha for ethylene production amounted to 1,619,287 kilolitres (1,1...
In China, ABS prices mostly followed a stable trend over the past week, especially in the import market as sellers complain about seeing slow buying interest, as per ChemOrbis. Yet, most ...
HPCL is in the process of reviving its US$10 bln refinery-cum-petrochemical project in Visakhapatnam and is currently in talks with various companies like Mittal Energy to enter into a jo...
Central Government has decided to eliminate the 5% import duty on crude oil and petro products including naphtha. This is a result of the efforts of the newly elected Mamata Banerjee gove...
Naphtha prices in Europe ended the previous week with a sharp fall, in line with deteriorating crude oil prices amid limited market activity on account of volatile crude prices. BASF and...
The global market for biodegradable polymers will amount to an estimated 932 mln lbs in 2011, and is expected to increase to more than 2.5 bln lbs in 2016, for a five-year compound annual...
Solvay is to invest around €120 mln in a plant to produce Solef Polyvinylidene Fluoride (PVDF), Tecnoflon, Fluoroelastomers (FKM) and their monomer VF2 in China. The plant, to be located ...
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