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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
France’s Fos-Lavera petrochem terminal has been cleared after 33 days of strike that paralyzed the country's petrochem industry. The protest at the Fos and Lavera oil terminals at Marseil...
Exxon Mobil Corp. has reduced feed rates at an ethylene unit at Beaumont, Texas. As per a company filing, process streams were routed to the flare, and feed rates cut to minimize emission...
The upward trend in spot ethylene prices in USA continued amid tight supplies and strengthening feedstock ethane, as per Platts. Spot ethane continued to climb, trading as high as 66 cent...
Dow, the world’s second- biggest chemical maker, said it’s “bullish” on the outlook for plastics because of rising demand for packaging and wire coatings and falling energy costs at its U...
Sasol Synfuels shut down a portion of its Secunda operations for three weeks, as part of statutory requirement for petrochemical companies to shut down their equipment for inspection and ...
Invista, a unit of Koch Industries, plans to upgrade its Texas chemical plants. Invista makes chemicals used in nylon, polyurethanes and other products at its plants in Victoria, La Porte...
South Korea's Honam Petrochemical Corp. has completed the acquisition of Malaysia's Titan Chemicals Corp. Bhd., as per Platts. The acquisition was announced by Honam, South Korea's secon...
POSCO has signed an MOU with SK Energy to form a partnership in the coal chemistry industry at POSCO Center. The coal chemical business is a step above petrochemicals, in which chemical p...
Borealis has presented it’s first pilot projects to enhance the use of recycled polyolefins at K 2010. The project highlights a shopping cart and shopping basket made from a combination o...
In Southeast Asia, tight supply along with strong demand from China have helped push spot PP prices higher over the past week, as per Chemorbis. Sellers in the region say that they are fe...
Reliance, posted its highest quarterly profit in nearly three years on improved refining margins and high operating rates at all manufacturing facilities. The company sees increasing outp...
Brazil’s Braskem, the largest thermoplastic resin manufacturer in the Americas, has announced construction of a green propane plant in Brazil. Operations are expected to commence in H2-20...
DuPont Performance Polymers has augmented its portfolio of thermoplastic materials by introducing two specific grades of DuPont Rynite polyethylene terephtalate (PET) for solar applicatio...
LyondellBasell has reported a net income of US$467 mln for Q3-2010. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at US$1.23 bln (excluding a US$32 million n...
The Ministry of Economic Affairs (MOEA) awaits the final result of an environmental impact assessment before deciding whether to change the site of the controversial Kuokuang Petrochemica...
India's Reliance Industries plans a total spending on the three US shale gas projects of about US$4-4.5 billion by 2014. The company is in no hurry to forge more such partnerships for ...
In Turkey, a major Middle Eastern producer’s November offers moved up by US$40-50/ton for PP raffia and fibre on CPT basis from early October levels, as per Chemorbis. Meanwhile, another ...
Oil for December delivery rose to US$81.96 on the Nymex while Brent crude for December settlement rose to US$83.36 a barrel on the London-based ICE Futures Europe exchange. Speculations o...
Abu Dhabi National Oil Co. (ADNOC) may offer naphtha to buyers in Asia for delivery from January through December 2011 as per Bloomberg. This may be several dollars more than the price ag...
Robust industry demand has led Asian naphtha prices to recover to a three-session high midweek, while cracks rebounded from a near two-week low to reach their highest in a week, as per Re...
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