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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
Polymer consumption in India, currently pegged at 8 mln tpa, is poised to more than double to 15 mln tons in 5 years, maximum 7 years time, as per Mr Ajay Shah, Senior VP Polymers, Relian...
Energy major ConocoPhillips is looking at opportunities to invest further in Qatar's LNG and petrochemical industries besides working with QP on joint energy projects abroad, global CEO J...
As part of its scheduled maintenance shutdown plan, Kuwait's state-run Petrochemical Industries Co (PIC) plans to shutter its 150,000 tpa polypropylene plant for two months in March 2011....
In China, some PS deals were concluded with discounts, although in general the PS ranges do not indicate much change as per Chemorbis. The range is unchanged since sellers are not willing...
The high prices that Europe is willing to pay for Russian gas has impeded the development of gas-based ethylene crackers in Russia, the President of Siberian Ural Petrochemical Company (S...
Ethylene production in Japan fell 1.4% in November year-on-year to reflect lower demand, as per Reuters. Ethylene output totalled 625,500 tons in November 2010, compared with 634,700 tons...
US based concentrates maker Ampacet is planning to open manufacturing plants in Brazil and India in early 2011, and add a new line in Italy by mid-2011. The Brazilian unit in Camacari is ...
Supply tightness kept gasoline and naphtha premiums firm in the Middle East, with no sign of easing until early 2011 amid continuing refinery maintenance shutdowns, as per Reuters. Outage...
GCC chemical production was forecast to rise to nearly US$80 bln over the coming decade, from the current US$40 bln, as per Khalid Al Falih of Saudi Aramco at the Gulf Petrochemical and C...
At least 90% of Malaysian chemical makers Titan Chemicals' shareholders have accepted a buyout offer from South Korea's Honam Petrochemical. RHB Investment - the principal adviser of the ...
The Persian Gulf Cooperation Council's petrochemical industry saw a 3.7% increase in output last year and is well positioned to become the ""centre of gravity"" in the mid-term, according...
Naphtha price in Asia have recovered to a two-session high on Thursday, but cracks extended losses to reach a three-session low as sentiment weakened following slower demand, as per Reute...
The Shaw Group Inc. has been selected by GAIL (India) Ltd. to provide its proprietary technology and basic engineering for a new 450,000 tpa ethylene plant. Shaw also will provide support...
Rompetrol Petrochemicals, a subsidiary of the Romanian oil producer Rompetrol Group, has completed a major project to integrate its polymer operations into an automated command and contro...
Spot propylene prices have moved higher in Europe, Asia and the US based on healthy demand as well as supply limitations in Europe and Asia due to a naphtha shortage, as per Chemorbis. Th...
The Asian polyethylene and polypropylene market firmed this week as disruptions of domestic polymer deliveries in China prompted demand for imported material, as per Platts. End-users and...
Borouge is mulling a new compounding plant in India. With this, the Abu Dhabi based petrochemicals joint venture is set to expand its Asian footprint, as per The National. In April, the c...
Taiwan's Formosa Petrochemical Corp has bought around 90,000 tons of naphtha for H2 January arrival at Mailiao at higher premiums compared to a previous purchase, as per Reuters. The high...
Arkema has announced plans to acquire the Coatings Resins (Cray Valley and Cook Composite Polymers) and Photocure Resins (Sartomer) businesses of Total's Specialty Chemicals activities fo...
Oil prices fell for the second consecutive day on report of a larger-than-expected increase in US gasoline stockpiles. The American Petroleum Institute reported that US crude stockpiles d...
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