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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
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...
Bayer intends to significantly expand its capacities for the production of high-grade materials in China by 2016. Investments of around €1 billion are planned at the Shanghai site. This m...
Oman's chemicals and plastics capacity will increase by 60% to reach 8.5 mln tons in 2012 according to the organisers of ArabPlast 2011, the Middle East's No 1 trade show for rubber, plas...
Italy’s PVC market has been trading at a premium over other global markets including Turkey, Egypt and Southeast Asia for some time, as per Chemorbis. The price gap between Italy and thes...
Negative production margins for film-grade high density polyethylene is fueling speculation about possible PE run cuts in Asia, as per Platts. On December 3, HDPE film production margins ...
Ineos has initiated restart procedures at its No. 2 olefins cracker in Chocolate Bayou, Texas, according to a filing with the Texas Commission on Environmental Quality (TCEQ), as reported...
Saudi International Petrochemical Co (Sipchem) plans a US$400 mln sukuk to raise a minimum of 1.5 billion riyals by the first quarter of 2011 to finance expansion. The issuance is expecte...
Saudi International Petrochemical Company ((SipchemSipchem)’s affiliate the International Polymers Company has awarded the Engineering Design, Procurement and Construction (EPC) contract...
Plastic injection molding machine/equipment accounts for the largest share in the total output of plastic processing machinery, at 40% in China and 50-80% in Germany, Japan and the USA -...
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