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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
Naphtha prices in Asia were at their lowest levels in about a month and cracks fell to near two-week lows as strong demand was countered by weak sentiment due to forthcoming cracker maint...
Lummus Technology has been awarded a contract by Formosa Chemicals and Fibre Corp. (FCFC) for the license and engineering design of a grassroots cumene and phenol plant to be built in Nin...
According to players’ reports, global PVC markets, including China, Turkey, Egypt and Italy, have been seeing slightly firmer PVC offers out of the US recently, as per Chemorbis. The upwa...
Reliance Industries Ltd. has sold 110,000 metric tons of naphtha for February loading from Sikka, Gujarat, at a premium, as per ICIS. The buyers were Royal Dutch Shell Plc and Itochu Corp...
Iran has halted production of gasoline at petrochemical plants after a reduction by the Government in fuel subsidies that led prices to quadruple and consumption to fall, as per Bloomberg...
A preliminary ruling by China’s Ministry of Commerce says that caprolactam from the European Union and USA had been dumped in China, causing substantial damage to country’s domestic indus...
Taiwan's Formosa Petrochemical Corp and South Korea's LG Chem have in total bought at least 200,000 tons of naphtha for H1-March delivery, in a market marked by steady demand and tight su...
Saudi Kayan Petrochemical Company has begun trial runs at its 400,000 tpa high density polyethylene (HDPE) plant in Jubail Industrial City, as per Platts. It is not clear when commercial ...
In 2008, the sales volume of ethylene reached its peak of over US$160 bln. Though sales volume decreased in 2009, it is expected to reach record levels peaked in 2008 during 2017, as per ...
Crude oil futures on the Nymex slipped under US$90/barrel early in the week based on rising stock levels at the Nymex delivery point in Cushing, Oklahoma as well as comments from Saudi Ar...
Gita Holdings, the Swiss-based fund that has agreed to buy polyvinyl chloride producer Vinyls Italia, plans to increase production capacities and modernize facilities at two of the Italia...
Reliance Industries Ltd has posted a robust 28% year-on-year growth in net profits in the recent quarter to Rs 5,136 crore, despite a modest 6% growth in turnover. A strong showing in the...
The global demand for PET was growing rapidly around the final decade. The effect of the economic slowdown has adversely impacted the consumption of numerous commodities in a lot of nati...
Often branded as a class of ‘miracle’ advanced materials that will transform electronics and photovoltaics, conductive polymers have a decidedly mixed reception. The early expectations fo...
A polymer that can heal itself over and over again when exposed to ultraviolet light has been developed by materials researchers at Carnegie Mellon University and Kyushu University. The s...
Oil futures have dipped below the 90 dollar mark on concerns of elevated supplies, capping a week of declining crude prices. Light, sweet crude for March delivery slid to US$89.1 on te Ny...
Propylene costs demonstrate a firm trend in Asia and Europe as offer levels indicate significant increases when compared to the end of 2010, as per Chemorbis. Some shutdowns in both regio...
SK Innovation Co., South Korea’s biggest oil refiner, posted Q4 profit that missed analyst estimates after maintenance shutdown at a petrochemicals plant cut output, as per Bloomberg. Ne...
Global polymeric foams is forecast to reach 18 mln tons by 2015, as per a report by Global Industry Analysts, Inc. Growth in the market is led by the unique benefits offered by cellular m...
Lummus Technology has been awarded a contract by OAO Salavatnefteorgsyntez (SNOS) for the engineering, procurement, and supply of materials for a third SRT VI cracking heater at its ethyl...
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