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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
HIPS, in Italy’s local market has been trading at a high premium when compared to GPPS for some time. The relative strength of the HIPS market mainly stems from lack of butadiene feedstoc...
Indonesia's Chandra Asri will not buy any spot naphtha cargoes for June as it advances a medium range-sized term cargo scheduled for delivery into Anyer in July to meet its June requireme...
Asia's naphtha price extended gains to reach a three-session high on Tuesday, while cracks hovered at a week high despite more spot supplies seen from the Gulf, as per Reuters. Kuwait ha...
Dow Chemical Co. is preparing to restart an ethylene unit at its Terneuzen chemicals site in the Netherlands following a halt in March for planned maintenance, as per Bloomberg. Cracker ...
Thai aromatics company PT Trans Pasific Petrochemical Indotama (TPPI) and state oil and gas company PT Pertamina had signed US$375 million debt settlement agreement. Based on the agreemen...
Gutka manufacturers may get a partial reprieve as the Union environment and the forests ministry proposed to ease rules and allow packaging of gutka products in small sachet purely for ex...
A delay in JBF Industries’ Purified Terephthalic Acid (PTA) project in Oman has led tot delayed o the decision by the company to set up a 1.12 mln tpa PTA project at (SEZ) Mangalore. JBF...
The effects of the global recession on the global thermoplastics compounding industry is documented in a series of reports published by Applied Market Information Ltd. (AMI). While the in...
Petrochemical production capacity in Iran is expected to increase by 64 mln tons over 5 years through 2015 but requires investments worth $49 billion, as per Managing Director of the Nati...
NOVA Chemicals Corporation has signed a memorandum of understanding (MoU) with a wholly-owned subsidiary of Range Resources Corporation for a long-term supply of ethane from the Marcellus...
Formosa Petrochemical Corp is running its 540,000 bpd refinery at around 87% after a crude distillation unit (CDU) resumed production in late April following a planned maintenance, as per...
Netstal-Maschinen AG and Glaroform AG from Switzerland and Ilsemann Automation from Germany are working together to replace existing packaging and their barrier properties with plastic co...
Driven by higher crude oil prices and a more robust crack spread, European naphtha cargo range made gains on Tuesday morning of US$27/ton, as per ICIS, assessed at US$1014–1,022/ton CIF (...
For May, European PVC sellers had announced initial price hikes of up to €50/ton in Italy’s spot market following a stable to slightly firmer PVC trend seen in April, as per Chemorbis. Se...
Crude oil for June delivery started the week above the hundred dollar mark at US$102. Last week saw a 14.7% decline in oil futures, but recoiled by over five dollars at the start of the w...
Turkish PET perform processor Köksan has contracted plant construction engineering firm Uhde-Fischer to build a new 216,000 tpa plant for the production of PET in Gaziantep, Turkey, as pe...
Statkraft has inked a new long-term power agreement with petrochemical company INEOS ChlorVinyls, comprising a total volume of 10.5 TWh (875 GWh/year) over the next 12 years, starting on...
Bayer is in "solid discussions" with potential partners to develop a large petrochemical facility in West Virginia as per Charleston Daily Mail. Bayer owns property in New Martinsville an...
Russian petrochemicals company Nizhnekamskneftekhim (NKNH) has inked a deal to supply styrene monomer valued at nearly €37 mln to the Finnish subsidiary of global expandable polystyrene (...
Enterprise Products Partners L.P. plans to expand its polymer grade propylene (PGP) fractionation facility at the partnership's Mont Belvieu, Texas complex, which will add on an annual ba...
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