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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
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...
CRUDE OIL Crude oil for January ended the week of December 20, 2010, to end the week at US$88.1 on the Nymex, while Brent crude dipped to U...
Supported by firmer upstream costs, PET prices in Asia continue to move upwards, as per Chemorbis. Spot PX prices, which are US$25/ton firmer this week, indicate a US$105/ton increase FOB...
Indorama Ventures Ltd Plc (IVL), leading integrated producer of polyester, has increased its investment budget until 2014 by 90% to around US$3.8 bln. This rise in investment will help in...
The supervisory board of Borealis has approved a €17 mln investment to upgrade its polyethylene plants in Porvoo, Finland. The project includes a new ethylene compressor as well as an up...
The demand for medical polymers grew at a Compound Annual Growth Rate (CAGR) of 7.2% from 2000 to 2009, as per GBI Research. In value terms in the year 2000, the demand for medical polyme...
While UAE's Borouge is winding down its pre-marketing campaign for homopolymer grade polypropylene with the successful startup of its new mega-petrochemicals complex in October, pre-marke...
Naphtha margins in Asia rose for a second week on optimism that petrochemical demand in China will remain strong, while gasoline declined for the first time in eight weeks, as per Bloombe...
To offset the impact of relocation of Kaohsiung refining plant and the delayed construction of Kuokuang petrochemical complex, CPC, Taiwan Corp. plans to invest NT$20.5 billion in capacit...
The Environmental Protection Administration (EPA) has said there are no legal grounds to request that Formosa Plastics Group to pay health and welfare surcharges for its naphtha cracker p...
Dow and Mitsui & Co. Ltd. have completed the formation of a previously announced 50:50 manufacturing joint venture to construct, own and operate a new membrane chlor-alkali facility locat...
Japanese petrochemical joint venture Keiyo Ethylene Co has restarted its sole 690,000 tpa naphtha cracker. The three day unplanned shutdown at the cracker was due to a technical problem. ...
Import LLDPE film prices are carrying a premium over domestic prices in China, suggesting some downward pressure faced by this market as demand from Chinese buyers has begun to slow down ...
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