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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
Waiver of customs duty on naphtha and levy and retention of sales tax on motor spirit would help Haldia Petrochemicals Limited (HPL) to turn around from its present financial state as per...
Though Saudi Aramco is in regular talks with prospective buyers in China, South Korea and Japan, it will not sign contracts with prospective buyers of its aromatics cargoes before Q1-2013...
Asia's naphtha price rose to a week high on Thursday, but cracks stayed at a 10-month low and timespreads reverted to negative for the first time in several sessions as sentiment weakened...
CPC Corp. has bought 60,000 tons of naphtha for August delivery to Kaohsiung, Taiwan, at a premium of about US$1-3/ton over Japan prices as per ICIS. The company has previously bought 50,...
The European PS market weakened amid ample supply levels in the region, especially for GPPS, lower upstream costs and slow buying interest due to the poor end product demand, as per ChemO...
Oil prices fell to hover around US$99 in Asia, after a report said Saudi Arabia plans to boost its crude production. Benchmark crude for July delivery fell to US$99 on the Nymex, while in...
Byco Oil Pakistan Ltd. is building the country’s first aromatic petrochemical facility, expected to come online by the middle of 2013. Production will comprise about 100,000 tpa of benzen...
Driven by strong economic growth and urbanization across the emerging markets in the Asia Pacific region, the demand for advanced composites materials is expected to continue growing at a...
Ethylene production in Japan has fallen by 1.4% in May from the same month a year earlier, as perReuters. Ethylene output totalled 553,000 tons last month, compared with 560,900 tons a ye...
StyroChem®, a leading global manufacturer of expandable polystyrene (EPS) has announced the introduction of their newly developed EVRgreen™ product line. It is the first EPS resin with ...
Developments have lead to application of PLA based bioplastic in thin wall applications, which will enable lighter weight product and lead to a reduced costs. SR Corporation has announced...
Japan's Sumitomo Chemical Co has set the schedule for maintenance work at its sole naphtha cracker for this year, as per Reuters. It’s 380,000 tpa ethylene cracker in Chiba will be shut f...
Spot PE prices have continued to move lower in Southeast Asia this week in line with the declining trend in the nearby Chinese market as well as lackluster demand within the region, as pe...
Royal Dutch Shell expects oil product output at its joint venture gas-to-liquids project in Qatar to start in weeks, bringing online the world's biggest facility built at a cost of about ...
Malaysia’s National oil company Petronas has revised its planned capital expenditure (capex) upwards from RM250 bln to RM300 bln over the next five years, at an average of RM60 bln pa. Th...
Repsol is mulling investment at its Puertollano site in Spain to increase the production capacity of ethylene vinyl acetate copolymers (EVA). During H2-2011, the investment outlay will be...
Rabigh Refining and Petrochemical Company (PetroRabigh), a joint venture of Saudi Aramco and Japanese chemical-maker Sumitomo Chemical, has partnered with USA’s DuPont Sustainable Solutio...
Avantium has successfully raised €30 mln to advance its breakthrough YXY technology for green building blocks. The funds will be used for the construction and operation of its pilot plant...
The International Finance Corporation, a member of the World Bank Group, said it will provide up to $35 million in loans toward construction of a Egyptian Indian Polyester Company S.A.E.,...
Asia's naphtha cracks eased to a 10-month low as sentiment dived on expectations of higher supplies out of the Gulf at a time when Taiwan's demand has not been restored, as per Reuters. ...
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