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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
PP prices in Southeast Asia have firmed up over the past week, with most players attributing this rise to strong upstream costs as well as limited availability, as per Chemorbis. Demand ...
Evonik Industries and the Indian chemical company Gujarat Alkalies and Chemicals Limited (GACL) are driving forward plans for a new multi-million project. At its heart is the construction...
A fires at LyondellBasell Industries’ La Porte, Texas, plant at a non-operating part of the facility and has been contained by staff, as per Bloomberg. The fire occurred in a part of the ...
Global PET packaging leader Octal is on course to complete the second phase of its operational expansion in 2011 after securing a new round of funding from six Middle Eastern banks. Phase...
Naphtha prices in Asia peaked to a two week high on the first day of the week, and cracks increased to a week's high, on healthy fundamentals, as per Reuters. Naphtha cracks surged nearly...
Light sweet crude for February delivery eased to US$91.5 on the Nymex while Brent North Sea crude for March rose to US$98.43. Expectations abound that oil could touch the 100 dollar mark ...
India’s leading manufacturer of reinforced polymer - Kemrock Industries and Exports has signed an agreement with the Gujarat government to invest US$2 bln (Rs 9,700 crore) in greenfield p...
PET prices continue with their relentless increases in Asia as upstream costs continue to push prices higher, as per Chemorbis. Despite complaints from buyers regarding higher offer level...
In a move that will strengthen its position as a formulation solution provider to the industry, Evonik is in the process of a new acquisition. Evonik Industries AG, the German chemicals t...
Kuwait's Equate Petrochemical Co has controlled a fire at its aromatics complex, with no impact on production, as per Reuters. Production capacity includes 829,000 tons of paraxylene and ...
Benchmark oil for February delivery settled at US$91.54 on the Nymex, rising after government reports suggested that the US economy is gaining strength. It is reported that in USA, retail...
Polyvinyl chloride (PVC) production is likely to restart in Italy in March after a nearly two-year break as a Russian-Swiss fund presents a final offer for Italian producer Vinyls Italia,...
Essar Oil Ltd. has sold 35,000 tons of naphtha to Royal Dutch Shell Plc at a premium of US$20/ton to Middle East prices, ICIS reported, citing traders. The shipment is for loading Feb. 4 ...
Naphtha prices in Asia were at a two-session low on last Thursday, while cracks were at their lowest level in three months despite healthy demand from North Asia, as per Reuters.South Kor...
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...
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