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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
CRUDE OIL New York's main contract, light sweet crude for delivery in June ended the week of April 24, 2011 at US$112, while Brent North Sea ...
Naphtha prices in Asia eased from a 33 month high and cracks slipped to week-lows, but intermonth spreads stayed firm in view of tight supplies, as per Reuters. This can be mainly attribu...
Enterprise Products Partners declared force majeure on polymer-grade propylene due to feedstock concerns stemming from recent refinery outages in Texas, as per Platts. The declaration cou...
Korea Kumho Petrochemical Co., a petrochemical unit of South Korea's Kumho Asiana Group, said Tuesday that it will spend 120 billion won (US$110.5 million) by 2012 to expand its plants in...
Chairman of the Kuokuang Petrochemical Technology Co. informed legislators that, his firm is set to officially call back the application for assessment of ecological effects of its plan o...
Japan's Asahi Kasei Corp, Mitsubishi Corp and Saudi Basic Industries Corp. (Sabic), plan to set up a joint venture for the production of acrylonitrile in Saudi Arabia with capacity to pro...
ABB solutions has announced that it will help the efficiency and stability of the power network at Saudi Arabia's Sadaf Jubail petrochemical complex, and also integrate electrical control...
India’s largest crude oil refining firm, Indian Oil Corporation (IOC) is mulling an investment of Rs 40,000 crore in a world-class greenfield refinery-cum-petrochemical complex on the cou...
According to data released by the Chinese Customs Agency, China’s total polymer imports in March 2011 rose on a monthly basis but the country’s imports saw a drop from March 2010 to March...
PTT Tank Terminal Co plans to invest Bt5 bln to expand its tanks for new petrochemical products such as feedstock for producing bioplastic goods, once parent PTT invests in this business....
Taiwanese government will consider moving its Kuokuang petrochemical project abroad to any country other than China, as reported by CNA. China currently bans wholly foreign-owned enterpri...
DuPont Co. is restarting a cogeneration plant and ethylene unit after a possible lightning strike caused a steam loss at the Sabine River Works chemical complex in Orange, Texas, as per B...
The mandatory Jute Packaging Act 2010 in Bangladesh makes the use of jute bags for packaging all agricultural produce, food stuffs and even cement legally binding. Over 50 woven polypropy...
Italy’s PS market witnessed a downturn in April after five consecutive months of increases, as per Chemorbis. According to ChemOrbis Price Indexes, the spot market lost €80-90/ton on the ...
Mexico is considering an increase in shale gas production to support its petrochemicals sector as per Reuters. The prolific shales of Texas are believed to extend across the border into n...
Crude on the Nymex for June delivery rose to US$112.4 while Brent crude for June settlement on the London-based ICE Futures Europe exchange rose at US$124.1. Crude oil prices have reboun...
Asia's naphtha price hit a 33 month high on Tuesday, while cracks settled at their highest in 3-1/2 months on intensifying concerns over tight supplies, as per Reuters. The Asian markets ...
Start of the week saw Asian naphtha prices peak to a 32 month high while cracks have risen to a three-month peak with tight supplies supporting the bull run, as per Reuters. Demand has be...
Malaysia has decided to maintain anti-dumping measures on imports of polyethylene terephthalate (PET) originating or exported from Thailand, as per Bernama. This follows an administrative...
QAPCO’s new low density polyethylene (LDPE-3) plant will have its commercial launch in the first quarter of 2012. To be located at Mesaieed, the new plant will have a capacity to produce ...
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