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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
CRUDE OIL Volatile movement was seen in oil prices in the week of February 14, 2011. After rising through the first half of the week, oil p...
The Shaw Group Inc. has been awarded a contract by Qatar Petrochemical Company Ltd. Q.S.C. (QAPCO) to provide basic engineering services for the expansion of a 720,000 tpa ethylene plant ...
In a move to meet increasing demand of customers in Europe and Russia, Uflex plans to invest US$80 mln in a 30,000 tpa plant in Wrzesnia, Poland, expected to be operational in June 2012. ...
Tetra Pak, the world’s leading processing and packaging company, provider for liquid food manufacturing, today announced it will be setting up a new world-class packaging material factory...
Asia's naphtha price dropped to its lowest in a week, while cracks fell to over 4 month lows, on expected drop in spot demand due to maintenance at petrochemical plants starting next mont...
PP prices in Southeast Asia moved higher in the first week after the Chinese New Year holidays, tracking the upward movement in propylene feedstock prices, as per Chemorbis. While sellers...
Abu Dhabi National Oil Company (ADNOC) has pegged its offers for three naphtha grades for April 2011-March 2012 lifting at lower premiums as compared to offers for 2010-2011. These premiu...
Korea Petrochemical Industry Co. (KPIC)’s 2010 net profit plunged by 37.9% to Won 75 bln (US$66.8 mln), as compared to Won 120.8 bln in 2009, as per Platts. Full-year operating profit fel...
AMI’s 4th edition of the Middle East Plastic Pipes Conference will take place in May 2011 at Dubai, UAE. This event is focused on the applications, markets and technology for plastics pip...
Plastic injection molding machine accounts for the largest share in the total output of plastic processing machinery. As per Research and Markets, this type of equipment accounts for 40% ...
During the course of last week, spot ethylene prices were pushed higher in the United States by production issues stemming from a fire at Enterprise’s natural gas liquids production and f...
Technological developments in the electronics and semiconductor industries have led to the creation of polymers that change shape on the application of voltage. The biggest application fo...
After switching to naphtha feedstock following a Feb. 8 fire, LyondellBasell Industries has returned it’s Channelview plant in Texas to a natural gas liquids feedstock slate, as per Bloom...
Light, sweet crude for March delivery fell to US$85.5 on the Nymex, its lowest settlement since Nov. 30, 2010. Crude oil prices sank to 10 week lows in New York at the end of the previous...
Indian Oil Corp. (IOC) has sold two cargoes of naphtha to Total SA for loading in early March, as per ICIS. A 35,000 ton shipment to load from March 3-5 at Dahej was sold at premium of US...
In Asia, naphtha price dipped to a two-session low and cracks ended the previous week at their lowest in about 1-1/2 weeks, as spot demand failed to lift sentiment weighed down by impendi...
The total value of China's petrochemicals trade rose 33.8% year on year (yoy) to US$60.5 bln in 2010, according to statistics released by the National Development and Reform Commission, a...
Indorama plans to invest over €437 mln in a joint venture project to construct a 400,000 tpa polyethylene plant in Uzbekistan with national gas company Uzbekneftegaz. The €874 mln scheme ...
In a move to reinforce its PET business, Mogilevkhimvolokno- a resin manufacturer from Belarus, plans to construct a new 120,000 tpa bottle grade PET polymer plant by 2015, at an outlay o...
A fire that erupted on Tuesday at Enterprise Products Partners’ petrochemical facility in Mont Belvieu, Texas, has burned itself out, a per Pennenergy. Around Tuesday noon, a series of e...
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