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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
Looking ahead to the year 2011, there appears to be far fewer new polyolefins capacities to watch out as compared to the massive number of new complexes which came onstream in 2010. Base...
SABIC affiliate Arabian Industrial Fibers Co (Ibn Rushd) has inked contracts with Taiwan's CTCI and China's Sinopec Engineering for capacity expansion. The contract with CTCI would more t...
Iran boasted significantly higher exports of petrochemicals in the current year and plans are to open new facilities in 2011. Abdolhossein Bayat, a deputy Iranian oil minister, said more ...
Myriant Technologies, through its wholly-owned subsidiary Myriant Lake Providence Inc., is to commence construction on the world's largest bio-based succinic acid plant. The plant, to be ...
The future of the Australian petrochemical industry depends on exploiting its full potential in ethane feedstock, which can be achieved through increased output in the purification of gas...
Formosa Petrochemical Corp. is currently running its three ethylene plants at 98-99% capacity as per Bloomberg. The Taiwanese refiner expects to process an average 460,000 bpd of crude in...
After a shutdown due to a compressor fault, LyondellBasell Industries has started a cracker at Wesseling in Germany. The start up is expected to cause flaring at Wesseling, LB’s largest c...
South Korea’s Honam Petrochemical Corp has received full acceptance to take Titan Chemicals Corp Bhd private, by acquiring the remaining 27.25% shares it does not own at RM2.35 apiece. Ti...
The monthly average price of petrochemicals, as measured by the Platts Global Petrochemical Index (PGPI), was US$1194/metric ton in November, according to Platts. This is up 2.96% from O...
The Singaporean petrochemicals industry is set to witness a massive increase in capacities in 2010 and 2011, but oversupply in the Chinese market may put pressure on margins and sales in ...
After six consecutive months of price increases, PVC prices in major Asian markets have begun to lose ground as import PVC deals for January start to settle with decreases in China, as pe...
SOCAR & TURCAS Rafineri A.S. (STRAS), the joint venture of the State Oil Company of the Azerbaijan Republic (SOCAR) and TURCAS Petrol A.S. (ISE:TRCAS), has awarded Fluor Corporation a pro...
The Chatterjee Group has assumed responsibility of the selection process to find a new managing director for Haldia Petrochemicals, with the incumbent Swapan Bhowmik set to retire in thre...
The industrial unrest in France has adversely impacted on both 2010 chemical output and the long-term future of some plants, according to BMI's latest France Petrochemicals Report. Wide...
South Korea’s SK Energy has completed construction of the world’s first naphtha cracking facility that uses advanced catalytic olefin technology (ACO) at Ulsan. This new facility using AC...
CPC Corp. plans to start its No. 4 naphtha cracker in Kaohsiung after the unit has been shut for over a month. The No. 4 plant was closed on November 3 for scheduled repairs. An earlier ...
Crude oil for February fell by over 50 cents to US$91 a barrel on the Nymex, while Brent crude rose very marginally to US$93.85 on the ICE Futures Europe exchange. The fall has come amid ...
CRUDE OIL Crude oil prices ended the week of December 27, 2010 on a high note of US$91.5 on the Nymex. Oil futures peaked to the highest clo...
PS prices are supported by higher crude oil and styrene costs in global markets. Looking at styrene prices in Asia, spot offers have gained US$95/ton FOB Korea when compared to the beginn...
Teijin Fibers Ltd will begin full-fledged production and marketing of new plant-based polyethylene terephthalate (PET) fiber in April 2012. This will be the world's first commercially pro...
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