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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 In the week of November 22, 2010, New York's main contract, light sweet crude for delivery in December fell to $US81.5 per barrel...
Spot propylene prices moved higher over the past week in Europe and the US based on availability concerns as well as better than expected demand from the European market. Meanwhile, spot...
Western trader Vitol has bought 70,000 tons of December naphtha from Oil & Natural Gas Corp (ONGC) and its subsidiary MRPL, as per Reuters. US$14-14.50/ton was paid by Vitol to Middle Eas...
Naphtha demand from end users continues to be strong in Asia. South Korea’s Honam Petrochemical has procured 100,000 tons of spot naphtha for delivery in H2-December at a premium of US$6/...
Asia is to receive 600,000 tons of deep-sea naphtha supply from Europe in December and January, as a recent run-up in prices helped to make arbitrage economics workable, as per ICIS. As d...
Rhodia Engineering Plastics reinforces its pledge to champion sustainable development with the launch at K 2010 of more ground-breaking innovations in materials, processing technology and...
South Korea's number one refiner SK Energy Co. has signed a preliminary deal with a Chinese state-run coal producer to cooperate in the coal-based chemical business. Under the deal with ...
As stock markets fell and US dollar strengthened, crude for January delivery dipped to US$81.3 in electronic trading on the Nymex, while Brent crude fell to US$83.4 a barrel on the ICE Fu...
Evolite™ by Technyl®, an extensively patented range of polyamide-based continuous fiber reinforced materials from Rhodia, made its debut at K2010. This innovative family of thermoplastic ...
Honam Petrochemical is to foray into polyethylene terephthalate (PET) film business as a part of its expansion strategy in the performance material business. Honam, an affiliate of the Lo...
Markets where the Eid holidays were being celebrated last week are returning to business this week amidst big changes in market dynamics. Just prior to last week’s holidays, the Chinese ...
" In the U.S., these plastic products are typically not made of vinyl and therefore are not made with phthalates: food packaging, baby bottles and nipples, plastic water bottles, plastic ...
Thai Oil Pcl plans to spend US$500 mln - 1 bln from 2011 to 2015, mainly on paraxylene capacity expansion and new machinery. Under the plan, the company will spend US$300-400 mln in 2011 ...
Siam Cement Group's petrochemical project in Vietnam will face another delay, in wait for the new government to be elected and formed in March. SCG is the leader of the consortium working...
New York's main contract, light sweet crude for delivery in December fell to $US81.5 per barrel, while Brent North Sea crude dipped to $US84.3 in London. Oil prices have dropped towards e...
Idemitsu Kosan Co has restarted its 374,000 tpa naphtha cracker at Chiba. The plant had an emergency shutdown for six days due to an unspecified problem with the unit. On spec production ...
INEOS has embarked on restarting one of its Chocolate Bayou crackers in Texas, which were downed by lightning on 1 November. Outage at this plant triggered a significant rally in ethylene...
As part of its ongoing process to serve the booming manufacturing sector in China, Bayer MaterialScience plans to invest €110 mln to build five new downstream facilities in China by 2012....
An investment of US$3 bln has been planned by a consortium of six towards building of a pipeline to transport ethanol from Riberao Preto to local markets and for export. About 20 million ...
Formosa's decision to delay start up of its naphtha cracker has weighed on cracks which eased to a two-session low on Friday at US$159.5/ton premium from a 8-1/2 month high the previous d...
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