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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
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...
Asia's number one naphtha buyer Formosa Petrochemical Corp has delayed the restart of its 1.03 mln tpa No. 2 naphtha cracker due to minor leakages. The cracker has been shut since Oct. 5 ...
Asian naphtha prices sank to two week lows as cracks recovered to peak to an 8-1/2 month high, defying earlier expectations that incoming arbitrage cargoes would weigh on sentiment, as pe...
The State Oil Company of Azerbaijan (SOCAR) plans to build a new plant with 200,000 tpa polypropylene capacity at its chemical subsidiary Azerikimya. The expansion plan is envisaged in ...
Term finance for Pakistan's first ever Bi-axially Oriented Poly Ethylene Terephthelate (BOPET) plant has been announced. Faysal Bank Ltd and National Bank of Pakistan will provide finance...
Arkema plans to invest US$110 mln over 3 years in its Acrylics sites in Clear Lake and Bayport, Texas. This plan will target acrylic acid and its esters, and will focus on growth opportun...
Russian oil group Lukoil’s subsidiary Karpatnaftochim’s new electromembrane chlorine plant has started up at its Ukrainian site with capacity to 200,000 tpa of caustic soda and 180,000 tp...
Middle East petrochemical producers are not a real threat to Indian companies and they will still be able to compete, as per head of marketing at India's ONGC Petro additions Limited, in ...
The degradable plastic industry has been on the verge of commercial success for decades. However, demand growth was limited because most degradable plastics were too expensive, were unava...
WRAP (Waste & Resources Action Programme) has recently begun a scoping project with the aim of enabling retailers and brands to use recycled polypropylene plastic in food packaging. Polyp...
South Korea's SK Energy has begun test runs on a steam cracker at its Ulsan complex that utilizes experimental technology, as per Platts. The cracker uses naphtha as the primary raw mater...
India's state-owned Hindustan Petroleum Corp. Ltd (HPCL) plans to invest Rs 30,000 crore (US$6.7 bln) to set up an 18 mln tpa refinery in the state of Maharashtra. The new refinery was co...
Technip has been awarded an engineering, procurement and construction support lump sum contract by Valero Refining Company for two flare gas recovery units at its Port Arthur, Texas refin...
The Belarusian-Vietnamese intergovernmental commission on trade-economic and scientific-technical cooperation has agreed on cooperation in the petrochemical industry. Petrochemical theme ...
The North American transparent plastics market, estimated at over 3.3 billion lbs in 2010, is expected to reach 4 bln lbs by 2015, at a compound annual growth rate (CAGR) of 3.7%, as per ...
Demand for degradable plastics in USA is projected to rise nearly 11% pa to 335 mln lbs in 2014, valued at US$390 mln, as per Freedonia. Although representing less than 0.5% of all thermo...
Rhodia is extending its TechnylStar® high-flow polyamide 66 technology to a new generation of unfilled grades that demonstrate unmet performance in terms of energy consumption reduction. ...
Crude oil saw very marginal movement, slipping to US$82.1 on the Nymex for delivery in December while January Brent crude on London's ICE Futures exchange fell by twenty cents to US$84.5 ...
After recent acquisitions in China, USA and Mexico at over US$500 mln, world number one producer of polyethylene terephthalate (PET) - Indorama Ventures Plc (IVL) is considering an invest...
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