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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
Dynamic development of the global demand for propylene, namely an increase of over 20 mln tons by 2017, as per a study from Ceresana Research. Sales of propylene reached their peak value ...
Ethylene prices in Asia are likely to see a downturn in the near future despite crude-led bullish naphtha feedstock prices, as high naphtha costs drive producers to crack LPG, which gives...
Naphtha prices in Asia rose for a third consecutive session to end the week at a 2-1/2 year high on Friday, while cracks hit a 1-1/2 month high, supported by a stronger European market, a...
A bidding group led by Mustang Al-Hejailan Engineering, a Wood Group company, has been awarded a general engineering services (GES+) contract by Saudi Aramco. The contract establishes a l...
E.I. DuPont de Nemours and Company, Inc., and Evonik Degussa GmbH of Marl, Germany, have signed a license agreement which solely grants DuPont worldwide access to the multi-shot or 2K mol...
Naphtha exports from India for March are expected see a 15% hike from February levels to 920,000 tons, possibly due to larger volumes from Indian Oil Corp and Reliance. As per Reuters, IO...
PE markets have seen similar developments across the globe over the past week as prices rise on the strength of stronger upstream costs despite widespread complaints that demand is not as...
A report commissioned by UK’s Environment Agency shows that commonly-used plastic ‘bags for life’, if used four or more times, will have a lower carbon footprint than single-use carrier b...
A plan to build eight plants by the government is likely to turn Nigeria into a regional petrochemical hub. The president has approved construction of a petrochemical plant in oil-rich We...
Saudi Arabia's petrochemical makers are not expected to be affected by recent regional uprisings in the region. As reported in Dow Jones, "I can say our exports and industry will absolute...
Falling by almost a dollar, light, sweet crude futures for delivery in April traded at US$101.2 on the Nymex, while April Brent crude on London's ICE Futures exchange fell to US$115.1. Cr...
Most Saudi petrochem producers use ethane because of government subsidies that mark it below market prices, and also at values cheaper than other feedstock such as propane and naphtha. Wo...
Naphtha prices have been soaring in Asia in line with a crude price rally, limited arbitrage volumes and short-covering activity in the Asian naphtha market. As per Platts, Asian petroche...
Reports that Formosa Plastics Group is planning to build a petrochemical complex on Jurong Island in Singapore, has been refuted by the Taiwanese major. Though group chairman William Wo...
Overall imports to Turkey set a record high for the month of January, but the monthly total failed to surpass the record set in December 2010, as per Chemorbis. However, January figure wa...
Yisheng Petrochemicals’ new 2 mln tpa plant in Hainan is expected to start up as planned by end 2012. The Chinese has completed its machinery purchases for the new plant, as per Platts. T...
Abu Dhabi’s International Petroleum Investment Company (IPIC), which acts as the Abu Dhabi sovereign wealth fund, has announced plans to launch a public takeover bid for energy giant Comp...
The German chemical industry will return to normal growth rates after an “amazing” 2010, as per VCI. Germany's chemical industry will increase sales by 18% in 2010 and growth will slow to...
Abu Dhabi government-owned General Holding Corporation plans to invest up to 15 billion dirhams in the metals and petrochemicals sector over five years as part of a diversification push. ...
Orissa government will avoid acquiring irrigated land for the proposed Petroleum, Chemical and Petrochemical Investment Region (PCPIR) project, to be set up over a total area of 284.16 km...
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