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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
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 ...
Naphtha prices in Asia rose to a two-and-a-half week high on Thursday, while cracks rebounded from a three-week low to reach their highest in three sessions, supported by expectations of ...
European profit from processing crude into naphtha tripled to a three-year high as rising Asian petrochemical demand continues to lure shipments to China and Japan, as per Bloomberg. Naph...
Crude oil for January delivery dipped to US$88.1 on the Nymex, while Brent crude dipped to US$92 on the ICE Futures exchange, despite a plunge in US crude supplies that suggested demand m...
Dow Chemical Co plans to invest 2 billion baht (US$67 mln) to set up a 150,000 tpa propylene glycol plant in the eastern province of Rayong. Dow Chemical, which has five propylene glycol ...
Asia naphtha prices fell to a near two-week low, while cracks inched down by around 0.1% on persistent lackluster demand for February cargoes, as per Reuters. However, traders expect buye...
An increasing number of ethylene producers from gas rich Middle East are shifting to naphtha as a feedstock, as per Platts. The region is struggling with low ethane content natural gas, a...
Russia’s state-owned oil company-OAO Rosneft is to embark on a plan in 2011 to become a global producer “on all continents,” as per Bloomberg, for which it is seeking partners overseas. R...
Reports on weak US gasoline demand, have marginally pulled crude futures. Light, sweet crude for January delivery fell to US$88.28 a barrel on the Nymex, at US$91.21 on the ICE futures ex...
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