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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
Aegis Logistics has announced a major deal to avail on sub-lease close to 100 acres of land for building a global oil and petrochemicals storage complex. Aegis will invest up to Rs 400 cr...
PTT is eyeing the deep-sea port planned for Tavoy on Burma's southern coast as an opportunity for expansion of its petrochemical and refining businesses in the long term, replacing the cu...
Japan’s benchmark open-specification naphtha forward contracts for delivery in H2-January were bid at US$768/ton against offers at US$771, according to brokerage Ginga Petroleum Singapore...
Despite mixed Asian equity markets and geopolitical tensions between the Koreas, crude oil prices saw an upward trend in Asia. However, prices are expected to decline in line with lower t...
A technique to permanently bind antibacterial coatings to medical devices has been developed by a research group at the University of South Australia. The technique can find application i...
South Korea’s industrial film maker SKC Ltd., has completed a polyurethane (PU) plant in a special economic zone in southwestern Poland. This is SKC’s third overseas polyurethane plant. E...
Taiwan's Formosa Chemicals and Fiber Corporation will start construction work on a phenol and acetone plant in Ningbo, China by mid-2011, as per Platts. Capacities will include 300,000 tp...
PetroChina's planned capacity expansion of its Daqing unit has been deferred by a year. Embarked upon in September 2009, the expansion, that will double ethylene capacity to 1.2 mln tpa, ...
Cepsa Quimica's new 150,000 tpa polyethylene terephthalate (PET) plant at San Roque, Spain, will be fed with roughly 100,000 tpa of feedstock from the upstream purified terephthalic acid ...
Saudi Basic Industries Corporation (SABIC) has inaugurated its state-of-the-art polyolefin logistics centre in Middlesbrough, north-east England. This center is to replace SABIC's current...
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...
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