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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
Applications for 4,300 chemical products were submitted for classification to allow their continued use within the European Union, according to the European Chemical Agency as reported by...
Specialty chemicals group LANXESS opened Asia’s most state-of-the-art plant for ion exchange resins in India. The new plant was constructed over a period of two years in the new chemical ...
Swaps market in Europe showed naphtha might gain further support due to tight supply into Asia, as per Reuters. The forward curve of naphtha strengthened, and April crack briefly turned p...
According to the data released by the Turkish Statistical Institute (TUIK), Turkey’s plastics imports in October 2010 rose slightly compared to the September figures of the same year with...
CRUDE OIL At the end of the week of November 29, 2010, New York's main contract, light sweet crude for January, fell to US$83 while Brent N...
Thailand's IRPC Pcl (IRPC) plans to expand propylene capacity by 58% by 2014, as per Reuters. IRPC, 37% owned by Thailand's top energy firm PTT Pcl plans to seek approval this month to go...
Asian polypropylene supply is expected to be tight between December and January, but the short supply is unlikely create a huge impact on spot market prices due to the lull season, as per...
Lummus Technology has been awarded a contract by Liaoning Tongyi Petrochemical Co., Ltd. for the license and engineering design of grassroots OCT olefins conversion units and CATOFIN dehy...
Dow Chemical Co has had a "production interruption" at its light hydrocarbon plant in Freeport, Texas, as per Bloomberg. This however, has had no impact on downstream businesses and no in...
LyondellBasell Industries NV said operating conditions in a "process unit" caused flaring at its chemical complex in Channelview, Texas, as reported in Bloomberg. The Rotterdam, Netherlan...
BASF SE and Ineos Group Holdings plan to merge their styrene operations, creating an entity with sales of over €5 bln (US$6.6 bln), as per Bloomberg. The company, which will operate as a ...
A. Schulman Inc. plans to establish a masterbatch facility in western India to better serve its customers in the region, which is a key geographic growth market. The facility initially wi...
As it seeks to find more ways of using its rich gas resources, Qatar (world number one exporter of liquefied natural gas), is in talks with Total SA and Royal Dutch Shell Plc about possib...
Singapore's Jurong Aromatics Corp. is to borrow US$1.56 bln in loans to help fund construction of a US$2.4 bln petrochemicals plant on Jurong Island, expected to start operations in 2014....
Saudi Aramco is poised to offer naphtha for delivery to Asian buyers in H1-2011 at around US$15-17/ton above the company’s benchmark formula, as per Bloomberg. It is seeking to sell Rabig...
China National Offshore Oil Corp.’s venture with Shell Petrochemicals Co. has purchased as much as 30,000 metric tons of naphtha for delivery in late December, ICIS reported. The venture ...
Front-month European naphtha cracks soared to levels last seen in Q4 2007 – almost 36 month highs on Monday while outright cargo prices peaked to more than two year high, despite weak fun...
Crude oil prices, which hovered around US$81/barrel for much of November, momentarily peaking to a 25-month-high of almost US$88/barrel in the second week of November, bounced back up to ...
The Gokongwei Group seems all set to start construction of its long-overdue US$500 mln naphtha cracker project in Batangas. Project construction will start in January 2011 on the US$500 m...
Eastman Chemical Co. has completed expansion of its Benzoflex plasticizer line at the Kohtla-Järve, Estonia, site, hiking capacity by 11,000 tons. A benzoic acid derivative, Benzoflex is ...
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