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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
OIL Oil futures eased towards the end of the week of March 28, 2011, but continued to linger around US$106 as political tensions persisted in...
The German petrochemical industry increased its oil product consumption in January by 7.6% year-on-year and 6% month-on-month to 2.11 mln mt, boosting the input of naphtha in particular, ...
Japan's JX Nippon Oil & Energy Corp, an oil refining unit of JX Holdings , has restarted its Kawasaki naphtha cracker, with ethylene production capacity of 404,000 tpa, as per Reuters. Th...
BASF is exploring opportunities in Brazil to build an acrylic acid, butyl acrylate and superabsorbent polymers manufacturing complex. The company has signed a memorandum of understanding ...
Nova Chemicals Corporation has signed a long-term agreement with a subsidiary of Williams for a feedstock supply of an ethane/ethylene mix to be extracted from off-gas produced at oil san...
In a bid to capitalize on the advantaged feedstock position that shale gas resources could bring to the US chemical industry, Chevron Phillips Chemical Company LP is advancing a feasibili...
BASF has received approval for a 400,000 tpa MDI (diphenylmethane diisocyanate) project in Chongqing, China. The project was approved by Chinese authorities, following a stringent examina...
Spot ethylene prices posted modest gains on a CFR NEA basis this week, while ethylene offers to Southeast Asia actually moved lower this week. Although the effects of the March 11 earthq...
The ongoing nuclear power disaster in Japan’s tsunami-devastated north could in the long term increase US natural gas demand, creating feedstock issues for US petrochemical producers, as ...
Oil prices dipped to near US$105 a barrel at the start of the week, as Libyan rebels retook control of a two key port towns and said they would restart crude exports within weeks. Rebels ...
Naphtha prices firmed as supplies in Europe dwindled, while barges of European gasoline in northwest Europe rose on Friday as the market looked to the summer driving season, as per Reuter...
In Asia, the premium between GPPS and HIPS prices widened significantly as HIPS prices have been pushed higher when compared to GPPS on the back of the higher production costs, as per Che...
Supreme Petrochem expects to commission one of its new expandable polystyrene (EPS) units at Nagothane by 16 April and second unit a month later, as per ICIS. The first unit, which will p...
Oil futures eased at the end of last week, but continued to linger around US$106 as political tensions continued to blaze in the Middle East. One of the latest developments in the Middle ...
A new transparent, flexible biopolymer has been launched by FKuR, called Bio-Flex F 2201 CL It is in line with the other resins in the Bio-Flex family, can be processed easily on standard...
Japan’s ethylene producers have 23% of their capacity shut following the country’s March 11 earthquake and tsunami, as per Chemical Market Associates Inc. No ethylene capacity has been re...
Despite loss of demand from Japan, naphtha market in Europe remains tight as falling demand from Japan is outweighed by strong demand from the US and Brazil, as per ICIS. The market had b...
European high density polyethylene injection grade converters are sourcing from Asia prompted by tight domestic supply, as per Platts. HDPE injection grade spot levels in Asia closed Wedn...
According to data from Chinese Customs, the country’s February polymer imports posted significant losses from January for almost all products, as per Chemorbis. China’s polymer imports ge...
Global market for foamed plastics (polyurethane) is projected to reach 9.6 mln tons by 2015, driven by resurgent demand from construction, furniture and bedding, and automotive markets, a...
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