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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
Plastindia exhibitions have grown in stature to become a date in the international calendar for our industry. Every version of PLASTINDIA has delivered, much more than expected to the par...
Exxon Mobil Corp. continues to be interested in developing a petrochemical complex in Qatar after Royal Dutch Shell Plc announced plans to help build a monoethylene glycol plant there. Ea...
The construction industry in Europe has been in decline since 2008, with figures from Euroconstruct showing total spend of €1444 billion in 2008, €1316 in 2009 and an anticipated €1264 in...
French Rhodia SA, a €4billion (US$5.26 billion) specialty chemicals major, will acquire PI Polymer, the engineering plastics business of PI Industries. PI Industries is into agri inputs, ...
In a bid to curb inflation that threatens the country's economic recovery, South Korea's finance ministry plans to extend tax breaks on oil product imports to 2011, as per Platts. This ex...
Reliance Industries (RIL) and Russian petrochemical company Sibur haves announced a joint venture for the production of butyl rubber in India. The joint venture facility will have an init...
Crude for February delivery rose to US$90.48 a barrel, the highest settlement since October 3, 2008. Oil prices crossed US$90 a barrel for the first time in 26 months on a fall in crude i...
The US Environmental Protection Agency (EPA) has announced that DuPont has agreed to pay a penalty of $3.3 mln to resolve 57 Toxic Substances Control Act (TSCA) violations. DuPont failed ...
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...
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