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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
Thailand's largest integrated aromatics refinery - PTT Aromatics and Refining Pcl expects higher oil prices and rising paraxylene spreads to push up earnings in 2011, as per Reuters. Para...
Plastindia 2012 - The 8th International Plastics Exhibition and Conference, to be held from 1-6 February 2012, was officially launched on 17 December 2010. The event took place at the IT...
Crude for February delivery rose to US$89.49 in electronic trading on the Nymex. Oil futures reached $90.76 on Dec. 7, the highest since October 2008. Oil prices traded near its highest l...
An attempt to dodge the anti-dumping tax by a Chinese importer was intercepted by U.S. Customs and Border Protection officers at the Los Angeles/Long Beach seaport. Over 21 million plasti...
Naphtha margins in Asia fell for a second day after crude oil prices started to climb, as per Bloomberg. Japan's benchmark open-specification naphtha forward contracts for H2-February wer...
Global styrene markets have been bullish for most of December in line with firmer crude oil and benzene prices, as per Chemorbis. After moving close to US$90/barrel in early part of Decem...
JX Nippon Oil & Energy Corp. started its 35,500 bpd fluid catalytic cracker at its Kashima refinery. The cracker was shut on Dec. 7 due to a mechanical glitch.
The spread in the physical market between CIF Northwest European naphtha cargoes (assessed at US$851.50/mt)and Eurobob Amsterdam-Rotterdam gasoline barges saw another ten dollar increase ...
Formosa Chemicals & Fibre Corp. plans to inject US$191 mln in a purified terephthalic acid (PTA) plant in Ningbo, Zhejiang province. The scope of the investment is still unclear. Formosa ...
Fiscal incentives have been approved by the Board of Investments (BoI) for a JG Summit Holdings, Inc.’s revived plans for a P33 bln naphtha cracker facility. The BoI recognized the planne...
The Dow Chemical Company plans to build a 15000 tpa propylene glycol (PG) plant in Map Ta Phut, Thailand. The new PG facility will utilize propylene oxide (PO) derived from the new, susta...
Citing operational issues, Chevron Phillips Chemical (CP Chem) has declared force majeure (FM) on polymer-grade propylene, on Tuesday, as per Platts. CP Chem noted that it was unable to m...
Following six consecutive weeks when domestic prices carried a premium over imports, the import homo-PP market rose above the domestic market last week in China, as per Chemorbis. Domesti...
Attempts are underway by Bayer AG to persuade potential investors to build a chemical plant on company sites in West Virginia using ethane from adjacent shale-gas deposits. The company i...
DuPont Co.’s Sabine River Works chemical plant in Orange, Texas, released more than 20,000 pounds of ethylene when a fire protection circuit tripped, according to a filing to the National...
USA’s only manufacturer of precision-performance polypropylene, polyester and bio-based films for packaging and industrial applications, Toray Plastics plans to begin construction in Q2-2...
Rosneft is to build a petrochemicals complex in Primorye instead of a refinery, as per Russian Economy Ministry Statistics Department. The complex will have two lines – a petrochemicals l...
In a move to support market growth and drive innovation, BASF plans to expand its existing superabsorbent polymer production capacities at its sites in Antwerp, Belgium and Freeport, USA....
Light, sweet crude for January delivery settled at US$88 on the Nymex, while Brent crude on the ICE futures exchange rose to US$91.6. Crude oil futures ended the previous week on a higher...
BASF and Sinopec have signed a memorandum of understanding to explore expansion of their integrated petrochemical joint venture, BASF-YPC Co. Ltd., at an investment outlay of US$1 billion...
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