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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
Celanese Corporation has doubled the capacity of its vinyl acetate/ethylene (VAE) unit at its integrated chemical complex in Nanjing, China. The expanded unit, which builds on Celanese's ...
Nan Ya Plastics Corp appealed the order from Yunlin County to shut down its five petrochemical plants because last month’s fires at it’s Haifeng complex, as per TaipeiTimes. Operations wi...
Oil for July delivery rose by over a dollar to US$94.4 on the Nymex, while in London, Brent crude for August delivery rose to US$$112.6 on the ICE Futures exchange. Oil prices have risen ...
Italy’s polymer imports rose in March 2011, thereby posting a continuous increase over the first three months of 2011, according to the recent statistics revealed by Eurostat as per ChemO...
Formosa Plastics Group (FPG) has forecast H2-2011 revenue to fall by about 20-30% from the first half, amid uncertainties over the global economy, China's tighter monetary policy, and the...
Stronger crude prices pushed Asian petrochemical prices higher overnight, as per Platts. Meanwhile, the arbitrage window from South Korea to USA has closed so Asian market increasing conc...
SKC announced that it will set up production capacity of 600,000 tons of propylene oxide (PO) by expanding its hydrogen peroxide propylene oxide (HPPO) plant. SKC plans to double produc...
Looking to reduce net debt, European drinks can maker Rexam is selling its lid-making business to private equity-backed Berry Plastics for US$360 mln, as per Reuters. Berry Plastics, a ma...
Japan's JX Nippon Oil and Energy Corp. has rescheduled maintenance work to fix a problem at its Kawasaki naphtha cracker, as per Reuters. JX Nippon plans to shut the cracker, with ethylen...
In Southeast Asia, spot PP prices moved lower over the past week in the face of persistently sluggish demand, weakening regional trends and declining upstream costs as per ChemOrbis. PP ...
Japan's JX Nippon Oil & Energy Corp, an oil refining unit of JX Holdings, is on target to restart its Kawasaki naphtha cracker, with ethylene production capacity of 404,000 tpa; on June 2...
Two new FDA compliant metal detectable materials have been introduced by Emco Industrial Plastics. The first is a metal detectable grade of Acetal. Acetal (POM) polymer has superb inheren...
PolyOne Corporation will open a new polymer distribution warehouse and sales facility on July 1 in Shanghai, China. This marks the first entry point for PolyOne Distribution into Asia. “...
Exxon Mobil Corp will delay the start-up of its 1 mln tpa ethylene cracker on Jurong Island in Singapore to 2012, instead of the end of 2011 due to longer-than-expected safety checks, as ...
LyondellBasell has launched two new low density polyethylene (LDPE) resins that offer enhanced performance for a wide range of film applications. The new grades are produced using the com...
Saudi International Petrochemical Co (Sipchem) expects to raise up to 2 bln riyals (US$533.3 mln) from a planned Islamic bond offering to fund plant expansions, as per Reuters. Deutsche S...
China-based Light Engine has selected Sabic Innovative Plastics’ customized Lexan* LUX high-diffusion resin grades to produce light-emitting diode (LED) tube lighting for its customer Opt...
Spot ethylene prices In Asia have been on a downtrend, falling by US$50/ton in the past week as per ChemOrbis. Since the beginning of June, the decrease amount is much larger at approxima...
Taiwan should turn to the Chinese and East Asian markets to ensure that its petrochemical industry can thrive, industry leaders said during a meeting at the Ministry of Economic Affairs a...
DAK Americas LLC (DAK) has agreed to acquire the PET business of Wellman, Inc. (“Wellman”). Total value of the acquisition is approximately US$185 mln including a cash payment and the ass...
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