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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
PP demand in Egypt has been performing poorly, partly as a result of the political turmoil in February as well as the persistent increases in the local and import markets since the beginn...
Following several consecutive weeks in which HDPE film prices have gained ground relative to LDPE and LLDPE film prices, import HDPE film has gained a premium over import LLDPE film in bo...
Based on the data released by the Turkish Statistical Institute (TUIK), Turkey’s plastics imports posted a noticeable jump in March 2011 after seeing a slight decrease in February, as per...
Italy’s PP market has been slow throughout April as buyers who did not want to pay April increases mainly refrained from building stocks from the local market while the extended Easter ho...
LyondellBasell Industries plans to boost US ethylene output and may build another plant as rising shale-gas supplies increase the country’s competitiveness, as per Bloomberg. Expansions ...
South Korea's SK Innovation is to shut its polyolefin units for scheduled maintenance in 2016 and not in 2011, as per Platts. The 2011 schedule that was reported by Platts last week was t...
Petrochemicals production in the Gulf is expected to leap by almost 50% by 2015, at which point the region will be supplying a fifth of the world's petrochemicals output. According to a r...
Samsung Engineering Co., South Korea's largest industrial plant builder, has said that it has won a USD 230 million order to build a high-density polyethylene (HDPE) plant in western Indi...
The Gujarat government has proposed to set up a Gujarat Petroleum, Chemical and Petrochemical Special Investment Region (GPCPSIR) for Dahej industrial estate, Vagra and Bharuch taluka in ...
CRUDE OIL Crude oil ended the week of May 1, 2011 at US$111.8 from an opening week price of US$113.6. Oil prices have dropped from a 31 mon...
Crude futures settled lower after the death of Osama bin Laden stirred oil markets, as traders tried to gauge the effect on stability in the Middle East. Light, sweet crude for June deliv...
Players in Asia are predicting another month of PVC price hikes, although the rate of increase is expected to slow down following the rapid increases observed over the past two months, as...
Petrochemical company Trans Pacific Petrochemical Indotama, a unit of Tuban Petrochemical Industries, has signed a loan agreement with Deutsche Bank worth US$1.1 billion. This loan will b...
LOTTE has invested US$200 mln in the Pakistan PTA project and 48 MW co-generation power plant, as per Pakistan Observer. LOTTE, the Korean Conglomerate is ready to make additional investm...
Dow Chemical Co. expects a resolution this year in its complaint against Kuwait's Petrochemical Industries Co. for backing out of a proposed US$17.4 bln joint venture in December 2008, as...
Genomatica, an emerging leader in sustainable chemicals, and Mitsubishi Chemical Corporation, the eighth-largest chemical maker in the world, have inked a broad memorandum of understandin...
India’s fifth Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) to come up in Tamil Nadu has been granted approval by the Cabinet secretary. The project, estimated to attra...
Japan's Toray Industries Inc plans to set up a unit, Toray Polytech Jakarta, in Indonesia in September that will produce upto 20,000 tpa spunbond polypropylene. The unit will require tota...
Empower Materials, headquartered in New Castle, Delaware has developed a new catalyst system for efficient manufacturing of Polyalkylene Carbonates, which are sustainable polymers traded ...
South Korea's SK Innovation plans to shut its polyolefin units for scheduled maintenance in October-November, as per Platts. The company's No. 1 220,000 tpa polyethylene unit will be clos...
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