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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
Japan's JX Nippon Oil & Energy Corp expects to restart its quake-hit Kawasaki naphtha cracker, with ethylene production capacity of 404,000 tpa by end of month as per Reuters. Though the ...
After a volatile week, oil futures settled at US$103 on the Nymex, while Brent futures rose to US$115. Oil price volatility is supported on concerns as the unrest in the Middle East and N...
CRUDE OIL Crude oil prices ended the week of March 21, 2011 on a higher note, spiking by over two dollars past US$103 on the Nymex. Prices sp...
Oil prices spiked by over two dollars following escalating violence in Libya, as allied forces fired on Libyan defense sites and the military called for an immediate cease-fire. Brent cru...
Spot ethylene prices gained ground in Asia and USA over the past week on the strength of limited supply, as US ethylene prices find additional support from healthy demand inside the count...
Asia's naphtha price and cracks were at their highest in about a week on Monday, expected to cool down soon as traders remain unconvinced that supplies are as tight as they seem, as per R...
Sumitomo Chemical hasrreleased a statement concerning the status of the company’s operations after the Japan earthquake and tsunami, confirming that none its employees are injured or miss...
The past few months have seen an uptrend in crude oil prices. The relentless unrest in the Middle East is pushing it further up. Brent climbed 1.5% on Monday towards US$116 per barrel aft...
Dow Polyurethanes, a business unit within The Dow Chemical Company, along with Haier, presented a Dow-patented breakthrough rigid polyurethane insulation technology for household refriger...
Korea Kumho Petrochemical Co. has inked an agreement for a 50:50 butadiene JV with JG Summit Petrochemical Corp. (JGSPC) of the Philippines. The JV will be located in Bantangas, about 110...
Shell’s 800,000 tpa naphtha-fed steam cracker at Pulau Bukom, Singapore, has encountered a technical glitch. This has led Shell to declare force majeure on the supply of downstream petroc...
Saudi Kayan Petrochemicals has signed a SR 2 bln (US$533.3 mln) murabaha facility agreement with Banque Saudi Fransi to cover construction costs. The ten year loan is to fund part of the ...
A week after the massive earthquake and tsunami caused widespread devastation in Japan, Asian petrochemicals are feeling the effects of Japanese production losses, as per ICIS. Regional...
Naphtha-Gasoline cracks have dipped to 27 month lows on Thursday as rising prices were outpaced by rallying oil markets, as per Reuters. Volatile crude prices helped drive gasoline prices...
The earthquake which rocked Japan on March 11 has had the most impact on the northern portions of Honshu Island, an area which is relatively less industrialized than the rest of the islan...
South Korea's YNCC, with a total capacity of 1.9 mln tpa plans to shut its largest 857,000 tpa naphtha cracker as planned from April 5.
Japan's Maruzen Petrochemical Co Ltd prepares to restart of its 480,000 tpa naphtha cracker in Chiba, east of Tokyo, after being shut for a week as per Reuters. Maruzen's Keiyo Ethylene u...
Tonen Chemical Corp continues to operate its 491,000 tpa naphtha cracker in Kawasaki operating. Tonen Chemical is a petrochemical unit of TonenGeneral Sekiyu KK, a subsidiary of Exxon Mob...
LG Chem has embarked on a 30 day maintenance shutdown at its 800,000 tpa naphtha cracker. This will raise cracker capacity by 100,000 tons, augmenting LG's total capacity to 1.9 mln tp, a...
Local PP and PE prices moved lower in China as lackluster demand within the country pushed sellers to reduce prices, as per Chemorbis. Chinese traders are also reported to be actively se...
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