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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
In London, ICE Brent crude for March dropped to US99.83, while US crude for March delivery settled at US$89. Oil prices fell nearly 2% on Friday on a rumoured report set off speculation t...
PolyOne Corp said fourth-quarter profit rose on a 6 percent increase in volume and higher selling prices, as per Reuters. Net income was US$97.5 mln, compared with US$20.8 mln, a year ear...
EQUATE Petrochemical Company announced a net profit of US$ 880 mln for the fiscal year ending December 31st, 2010, which is a 73% increase over what was achieved in 2009. On this occasion...
PVC prices indicate a firm trend in Europe, and despite slow demand in Asia due to the Chinese New Year, expectations regarding the post-holiday period remain firm, as per Chemorbis. I...
Abu Dhabi National Oil Co (ADNOC) may begin long-term naphtha sales negotiations with buyers in Asia as early as next week, as per Bloomberg. Marketing executives from Adnoc and buyer...
Formosa Petrochemical is to provide financial hand to Nanya Technology and Inotera, by way of providing one year loans of US$167.34 mln to Nanya and US$270.8 mln (NT$8.5 billion) to Inote...
Catalysts are important materials of commerce, even if most people do not realize how catalysts touch them every day. Most of us drive cars fueled with high-octane unleaded, often oxygena...
The global demand for EDC demand is expected to grow at a CAGR of 2.7% from 2009 to 2020 as per GBI Research. Global EDC demand in 2000 was 28.2 mln tons, from where it grew at a CAGR of...
Benchmark crude for March delivery rose to US$91.3 on the Nymex, while in London, Brent crude rose to US$103.2 on the ICE Futures exchange. Unrest in Egypt continues to push oil prices hi...
Eastman Chemical Co reported flaring after a relief valve failed in hydrocarbon-cracking plant 4 at its complex in Longview, Texas, according to a filing with state regulators. An upset i...
UOP LLC will collaborate with the King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, Saudi Arabia, for the development of catalytic processes for petrochemicals production...
Gasoline prices and market activity gathered steam in Europe on improved liquidity amid rallying oil prices and the start of a new month, as per Reuters. Barges prices rose to as high ...
According to the data released by the Turkish Statistical Institute (TUIK), Turkey’s plastics imports in December 2010 rose both on a monthly and yearly basis. As per Chemorbis, Turkey’s ...
Chevron Phillips Chemical Co. plans to flare gas at its Port Arthur site in Texas because its customer Valero Energy Corp., (which uses the fuel) will shut units for maintenance, accordin...
BASF has started operations at its expanded plant to commence production of the biodegradable plastic Ecoflex. Expansion of the existing plant in Ludwigshafen will increase production cap...
Bayer MaterialScience has now inaugurated its Colour Competence and Design Center in Greater Noida, near New Delhi. This new center provides products and solutions for polycarbonate compo...
With effect from January 31 2011, Brückner Technology Holding GmbH has acquired all shares of PackSys Global (Switzerland) Ltd., located in Zürich, Switzerland. PackSys Global (PSG) is a ...
Exciting new advances in aerosol replacement are to be introduced at Interpack 2011 with the debut of packaging and dispensing applications based on its revolutionary Flair™ technology by...
Saudi Basic Industries Corp (SABIC) expects higher sales and profitability in 2011 and throughout 2012 as petrochemical prices return to pre-crisis levels and further output capacity is a...
Rationalisation has eroded USAs lead in commodity chemicals in the face of massive Chinese and Middle Eastern capacity growth, but the petrochemicals industry is witnessing growth in rese...
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