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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
Initial February PP, PE offers for Middle Eastern origins emerged in global markets, including China, Turkey and Egypt, as per Chemorbis. These new levels indicate increases for next mont...
Tankers scheduled to load fuel oil and clean petroleum products at India's key east coast port of Chennai are facing delays of between 14 to 24 days, as per Platts. One of the main reason...
It is unlikely that Russia's state owned petrochemicals manufacturer Sibur will meet its target of doubling sales by boosting olefins production capacity in the next five years on a short...
Petrochemical prices in Asia are expected to firm after the Lunar New Year holidays, on strong Chinese demand for polymers and styrene that will keep naphtha values buoyant, as per ICIS. ...
Japan's Toray Industries plans to increase production at its optical-use polyethylene terephthalate (PET) film plant in China by 15,000 tpa to 21,600 tpa by September 2012, at an investme...
CRUDE OIL Crude oil prices have ended the week of January 24, 2011 ended the week below the 90 dollar mark on concerns of elevated supplies...
Saudi Basic Industries Corp. and Dow Chemical Co. are shutting naphtha crackers in the Netherlands, potentially damping the feedstock’s prices, as per Bloomberg. Sabic will halt productio...
Borouge has awarded a US$169 mln contract to Hyundai Engineering and Construction of South Korea to build a cross-linkable polyethylene (XLPE) unit at its petrochemical plant in Ruwais, A...
Taiwan's Formosa Petrochemical Corp will slash runs at its 540,000 bpd refinery in March to about 56% of total capacity because of a planned maintenance, as per Reuters. Crude distillatio...
Import LDPE film prices continued to firm up in Southeast Asia this week even as HDPE and LLDPE film prices began to stabilize ahead of the upcoming holidays, as per Chemorbis. Overall im...
Tianjin has been selected for development into a world-class petrochemical industry base and national crude-oil reserve hub within 10 years, with an annual 40 mln ton refining capacity, 2...
Huntsman has developed the first product in a new line of thermoplastic polyurethane (TPU) that offers a broader temperature operating range than standard grades and is a good all-round p...
Asia's naphtha price extended losses and neared a 1-½ month low on Wednesday, while cracks remained at their lowest in nearly two weeks as sentiment continued to be weighed down by weake...
Japan's naphtha imports for the petrochemical sector rose 2.3% in December 2010, compared to December 2009. Imports of naphtha for ethylene production totalled to 1,549,841 tons during De...
IOC has an outstanding tender to sell 30,000 tons for Feb. 20-22 loading from Kandla, and 35,000 tons for Feb. 22-24 loading from Dahej, as per Reuters. A cargo for Feb. 8-10 loading from...
Indian Oil Corporation Ltd (IOCL)’s proposed petrochemical complex at its 15 mln tpa refinery at Paradip is set to be delayed due to financial constraints. Work on the petrochemical compl...
India's Dhunseri Petrochem and Tea is to commence construction of its new 420,000 tpa polyethylene terephthalate (PET) bottle resin plant in Egypt as per ICIS. The total cost of the proje...
Keyuan Petrochemicals Inc. has received approval for a patent related to the company's proprietary production process, called multiple ethylene propylene (MEP), as per Datamonitor. MEP is...
Biotech developer and manufacturer of renewable bio-based chemicals, Myriant Technologies Inc. has closed a US$60 mln strategic equity investment from PTT Chemical Group (PTT Chemical), T...
The world’s first biodegradable polyethylene foam is to be launched by Nomaco Engineered Foam Solutions. Unlike competing biodegradable products, NomaGreen foam is not starch-based or bio...
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