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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
Evonik Industries, Essen (Germany) has started up a new facility to produce high-purity isobutene at its site in Antwerp (Belgium). The new plant, which involved investment of tens of mil...
Spot propylene prices have been moving higher across the globe due to tight supply conditions resulting from scheduled turnarounds at a number of crackers in Europe and Asia as well as un...
Crude oil for May delivery rose to US$108.78 in electronic trading on the Nymex while Brent for May settlement rose to US$119.7 on ICE Futures Europe exchange in London. Crude oil futures...
Japan's Maruzen Petrochemical Co has restarted its 480,000 tpa naphtha cracker in Chiba, nearly three weeks after it was shut down. As per Reuters, the restart means only two crackers rem...
Asia's naphtha price hover at near four week highs, while naphtha cracks have recovered by about 1.5% after sinking to their lowest in two weeks, as per Reuters. A factor that will boost ...
Democratic Progressive Party (DPP) presidential hopeful Tsai Ing-wen has opined plans to move the nation’s petrochemicals industry to the Middle East, calling the effort environmentally ...
Already at an 11 month high, US spot ethylene prices could reach as high as 70 cents/lb on healthy demand from the vinyls and glycol markets, as reported by Platts. Price of 70 cents/lb s...
In line with higher upstream costs, PET prices in Asia have been following a firm trend for a long time. As per Chemorbis, this week the situation has changed due to softening feedstock c...
Asia's naphtha price ended the week at its highest in about four weeks on Friday, but cracks dived to their lowest in about two weeks despite healthy demand from South Korea, as per Reute...
Foster Wheeler AG’s Global Engineering and Construction Group has received a contract from Huntsman (Europe) BVBA to undertake the front-end engineering design (FEED) for the expansion of...
Sidi Kerir Petrochemicals Company, along with two other firms, is setting up a petrochemical plant to produce 460,000 tons of ethylene annually. Sidi Kerir will have a 20% stake in the jo...
Japan's naphtha imports for the petrochemical sector rose 2% in February from the same month a year earlier, as per Reuters. Imports of naphtha for ethylene production amounted to 2,061,3...
Shell Oil Co.'s refinery in Deer Park, Texas, shut down its DU2 Unit Crude Column V-5102 distillation unit after discovering a leak of light naphtha. The DU2 unit has shut down to facilit...
European gasoline barge and naphtha prices rose on Friday in a quiet market, buoyed by refinery maintenance which is helping to tighten supply, particularly in naphtha, as per Reuters. T...
India’s second leading commodity bourse NCDEX is to launch futures trading in Polyvinyl chloride (PVC). It has also decided to relaunch Brent crude oil futures with modified contract spec...
Crude prices rose to US$108, extending gains to rise to more than 2-1/2 years and Brent also edged up, supported by positive jobs data from USA and supply concerns set off by the persiste...
Huntsman Corp has acquired Gujarat-based chemicals producer Laffans Petrochemicals, and has also taken the ownership of the company's 60,000 ton ethylene oxide derivatives facility at Ank...
US petrochem makers are keen to invest in new petrochemical facilities, thanks to low-cost natural gas from shale, after a decade-long hiatus during which they shunned building new capaci...
Materials for creating sustainable, affordable packaging while attracting consumer attention populate the DuPont Packaging & Industrial Polymers booth at Interpack 2011. Recent developmen...
Distributors in India report that domestic producers have opened their April business by announcing increases on PP and PVC prices while rolling over PE prices from late March level, as p...
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