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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
After several negotiations, May's US domestic polyethylene prices were rolled over from April, with buyers planning to push for a decrease in June, as per Platts. Since the May price in...
Royal Dutch Shell plans to set up an ethane cracker in the Appalachian region with about one million tpa ethylene capacity, using ethane extracted from the wet gas areas of the Marcellus ...
Naphtha price in Asia was at a three-session high on Monday, and cracks rebounded from an 8 month low to a two-session high, as expectations of fewer Western barrels arriving this month m...
The Formosa Plastics Group (FPG) has shut down the manufacturing operations of an isononyl alcohol plant at the group's petrochemical complex in Mailiao, Yunlin County in ccordance with i...
Spot ABS prices in China posted steep declines over the past week, with most players attributing the drop to weak demand, as per ChemOrbis. The recent slowdown in manufacturing activity ...
China National Petroleum Corporation has commenced welding on a crude oil pipeline which starts in Lanzhou, passes through the Gansu, Shaanxi, and Sichuan provinces, and ends in Pengzhou,...
PT Petrokimia Butadiene Indonesia, a subsidiary of PT Chandra Asri Petrochemical is to start construction on the country’s first butadiene plant next week in Cilegon, Banten, with an anti...
Dow Chemical Co.’s polypropylene and PP licensing and catalyst businesses is up for sale. As per PlasticsNews, Dow is exploring strategic options for those businesses, which include two P...
Confirming its decision to keep away from interfering in the management of Haldia Petrochemicals, the West Bengal government is likely to agree to appoint Purnendu Chatterjee as the firm’...
Appetite for naphtha in Asia is falling in line with a slump in Chinese plastics consumption in 2011, on measures taken by the Centre to slow runaway economic expansion. As per Reuters, o...
Maintenance at Rabigh Refining and Petrochemicals Co is expected to be complete by the middle of July, as per Bloomberg. The utilities units were restarted May 31 after periodic maintenan...
Global manufacturing eased sharply in May to its lowest level since September 2010, according to the JPMorgan Global Manufacturing PMI. As per Reuters, data out of China suggests only a s...
Asia's naphtha price ended on Friday at the lowest in 1-1/2 weeks while cracks fell below US$100/ton for the first time in about eight months as demand fell and a shut reversed arbitrage ...
Polyethylene terephthalate (PET) producers in Europe are unlikely to exportPET from Europe to USA despite a very short PET market in USA, as per Platts. The strong euro against the dollar...
The 12-nation oil carte- OPEC is to meet in Vienna this week, and is widely expected to keep production levels unchanged as it balances a weak economic outlook and lower output in Libya c...
Crude oil prices have fallen to hover at the US$100 mark, while in London standard Brent North Sea crude inched up to US$115.8. Crude-oil futures ended slightly lower as weakness in the d...
In Asia, the PET market that has been on a downward trend for almost two months, has changed course over the past week due to the firmer MEG costs in the spot market as per ChemOrbis. Now...
Four units of Formosa Plastics Group's have seen a decline in their combined sales for May, largely because of production suspension in several plants at the group's complex in Mailiao, f...
Russian conglomerate Sibur Holding CJSC is progressing with construction of a previously announced US$2 bln petrochemical complex in Siberia. The plant in Tobolsk will have the capacity t...
Japan's JX Nippon Oil & Energy Corp plans to shut its Kawasaki naphtha cracker, with ethylene production capacity of 404,000 tpa on June 18 for repair, as per Reuters. The company, an oil...
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