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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
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...
Cabot Corp., the world's No. 1 producer of carbon black, plans to invest more than US$180 mln uptil 2013 to expand manufacturing capacity in some of the fastest growing regions of the wo...
Mitsubishi Chemical Corp. has been forced to halt operation of its plant in Ibaraki Prefecture due to earthquake related damage. This plant, with 830,000 tpa capacity, is Japan's largest ...
A list of petrochemical plant shutdowns in Japan as compiled by PlasticsNews: Wilmington, Del.-based DuPont Co. has closed its engineering resin plant and research center in Utsunomiya. ...
Ineos' HDPE plant at Lillo in Belgium will undergo two weeks of planned maintenance beginning March 18-19, as reported by Platts. The force majeure at the HDPE lines is expected to remai...
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