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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 innovative range of high heat, low color distortation, and low emission additive formulations for thermoplastics which deliver significant benefits to compounders, molders and end-user...
TAIF, an investment group based in Russia's Tatarstan region, is to decide on plan to sell shares in its refineries and chemical plants to help fund 347 billion rubles (US$11 bln) of inve...
Total has announced the construction of a photovoltaic panel production and assembly unit at Composite Park in France's north-eastern region of Moselle. With a surface area of 2,800 squar...
Asian naphtha prices have dipped to a four-session low at the beginning of the week, but cracks trended up for the fourth session to a two-week high, despite incoming arbitrage cargoes, a...
The US plastic resins and synthetic fibers manufacturing industry consists of about 700 companies with combined annual revenue of about US$90 bln, as per Research and Markets. Major compa...
CRUDE OIL News that China is to take steps to cool the economy has pulled down oil prices to below US$85 in the week of November 15, 2010. ...
In 2010, after two years of contracting global demand, demand has resumed an upward trajectory and is now growing at the fastest pace since 2007 as per Chemical Market Associates, Inc. (C...
Indian Oil Corp., operating about 33% of India’s refining capacity, plans to export surplus naphtha. The Indian major sees demand mainly from Japan as petrochemicals demand sees robust gr...
As demand for petrochemicals in China soars amid fuel shortage, naphtha prices in Asia have peaked to two year highs, spurring an almost threefold increase in shipments from Europe. Asia-...
Oil Corp. (CNOOC) has started constructing a CNY 8.3 billion fine chemical project in Dongfang city industrial park, Hainan Province. The project will be constructed in two phases. The fi...
Formosa Plastics Group plans to invest US$2.3 bln to expand its complex in China. The petrochemical project in the coastal city of Ningbo has passed the Chinese government's environmental...
China turned into a net importer of naphtha last year following an increase in the number of petrochemical plants. In 2009, China was net short of nearly 1.8 mln tons of naphtha, and up t...
An unspecified problem at Idemitsu Kosan's naphtha cracker has led to shutdown of the cracker at Chiba. The 374,000 tpa ethylene cracker is expected to restart in about a week.
China is seeking additional quantities of naphtha for the last quarter of 2010, probably extending the bull-run until Q1 2011. Unipec, trading arm of top Chinese oil firm Sinopec has boug...
Firm demand from China for naphtha has kept Asian markets bullish. After buying 90,000 tons, China is seeking additional quantities of naphtha for the last quarter of 2010, probably exten...
Indian Oil Corporation (IOC) has restarted a delayed coker and an upgraded crude plant last weekend and is to restart the hydrocracker this week. IOC will be operating its Panipat refiner...
Japan's Mitsui Chemicals Inc plans to shut one of its two naphtha crackers in 2011 for minor maintenance. The 553,000 tpa ethylene cracker at Ichihara (Chiba) will be shut, while the 45...
News that China could take steps to cool the economy has pulled down oil prices. Investors shift focus from commodities to the dollar amid renewed fears about a debt crisis in Europe and ...
Construction work at the Assam Gas Cracker Project at Lepetkata, 11km from here, is running behind schedule, despite speeding up activities on various fronts. Barely 27% progress has been...
Indorama's acquisition of Invista in Spartanburg and Queretaro, Mexico awaits required regulatory approval. The total value of the purchase is estimated at US$420 mln. The process is expe...
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