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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
Players in Southeast Asia are divided as to the likely direction of the market for February, with some buyers moving to top up their stocks in anticipation of further price increases in t...
Consultants who earlier assisted petrochemical companies with their market strategies in South America are now attempting to cash in on growing demand for polyolefins in the continent by ...
Bent crude has steadied above US$98 even as US benchmark prices settled at US$92 on news of an increase in the country's jobless claims. Alaska's main oil pipeline will shut from Friday e...
A blast has been reported at a petrochemical site in Fos-Lavera of Compagnie Petrochimique de Berre, a unit of U.S. group LyondellBasel. The aftermath of the explosion and an ensuing spil...
KBR and SK Innovation have announced the startup of their Advanced Catalytic Olefins (ACO) demo plant in Ulsan, South Korea. Operations to date have met the companies' expectations for hi...
A Rs 70,150 crore investment intent has been announced by Reliance Industries for the state of Gujarat- 40,000 crores in Jamnagar refinery project and 15,000 crores at petrochem complexes...
Japanese ethylene production has fallen from 663,300 tons in December 2009 to 645,700 tons in December 2010 as per government data. This by 2.7% decline marks the second consecutive month...
South Korea’s number 1 ethylene maker-Yeochun NCC Co. (YNCC) has had an unplanned shutdown at its naphtha cracker due to a technical glitch. The No. 2 naphtha cracker with capacity to pro...
In PP markets in Turkey, Italy, China and Southeast Asia, players have been reporting a limited number of supply sources from overseas countries in the second week of the month, as per Ch...
Samsung Engineering has officially signed a contract for a US$411 mln chlor-alkali plant with Dow-Mitsui Chlor-Alkali LLC, a joint-venture comprised of Dow Chemical (USA) and Mitsui (Japa...
The Gulf Petrochemicals and Chemicals Association will take legal action if diplomatic efforts to remove what they say are India’s unlawful dumping duties on imports of polypropylene from...
Even as the market awaits date from Dow for restart of its St Charles, Louisiana, polyethylene plants, US PE export market has remains unaffected by the shutdown, as per Platts. Productio...
DAK Americas LLC is inching nearer to deal conclusion of acquisition of Eastman Chemical Company’s PET operations. DAK has announced that the waiting period required under federal antitru...
Benchmark oil for February delivery climbed to US$91.8 on the Nymex, rising on reports of a larger-than-expected drop in crude oil supplies and rising stock markets. Stock markets have st...
Global demand for bioplastic packaging is forecast to reach 884,000 tons by 2020, as per a report by Pira International. This translates to a compound annual growth rate of 24.9% from 201...
Chevron Phillips Chemical Co. plans to flare gases from an ethylene unit at its Port Arthur facility in Texas, according to a filing with state regulators. The flaring will continue until...
Japan's Mitsubishi Chemical Corp has set the dates for planned maintenance at its three naphtha crackers in 2011, as per Reuters. Company/Location Capacity ...
Global biodegradable polymers market is expected to reach 1845 mln lbs by 2015, as per Global Industry Analysts Inc. Massive volumes of plastic products are disposed worldwide every year,...
In Italy, a round of increases passed on December done deals for PP and PE is followed by three digit increases in January spot prices due to higher propylene and ethylene contracts. As p...
China Datang Corp. shut some power- generation units after sleet and freezing weather in the country’s southern part disrupted fuel deliveries, as reported by Bloomberg. Units in Hunan’s ...
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