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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
Benchmark oil for January delivery dipped to US$83.7 in electronic trading on the New York Mercantile Exchange, after rising by over two dollars midweek. Oil prices have lingered below US...
Signs are mounting that ExxonMobil Corp. has pulled out of a petrochemical project in Qatar. Total Petrochemicals is in talks with Qatar about developing a US$6 bln petrochemical plant in...
A new team of office bearers is in place at the All India Plastic Manufacturers Association. Mr. Yogesh Shah – President Mr. Jayesh Rambhia – VP West Zo...
Formosa Petrochemical Corp. has restarted it’s running its 1.03 mln tpa No. 2 ethylene plant. The plant is running at 70% of capacity currently, as per ICIS. Its No. 1 cracker, with capac...
Photovoltaic manufacturing is undergoing change in terms of technology and materials. Production costs per module need to come down to a more profitable level whilst maintaining durabilit...
Players report that there has not been much trading activity in Southeast Asia’s PP and PE markets this week as most buyers have elected to remain in the sidelines in hopes of seeing more...
Higher offers for American PVC emerged this week in several major global markets, including China, Egypt, Turkey and Italy, as per Chemorbis. This upward movement was attributed to tight ...
Recent statistics revealed by Eurostat show that Italy’s plastics imports in August were the lowest in the eight months of 2010 – plunging on a monthly basis, decreasing from 383,000 tons...
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...
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