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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
The rate of customs tariff on exports of crude oil increased in Russia by 9% from US$266.5 to US$290.6 per ton on November 1, 2010. The rate of oil export tariff also grew by 20.3% to US$...
As per Chemical Market Associates, Inc. (CMAI)’s 2011 World Light Olefins Analysis: The current market situation still reflects a mixed global demand growth environment – that is rapid ...
The Munich-based machinery and equipment manufacturer KraussMaffei and Netstal are jointly presenting a comprehensive portfolio of products for fibrespray, extrusion and polyurethane proc...
Crude oil has spiked by almost US$1.50- New York's main contract, light sweet crude for December, settled at US$82.9, while in London, Brent North Sea crude for delivery in December deliv...
Dow has introduced an experimental polyethylene resin for rotational molding that offers significant performance advantages over incumbent materials when used in the production of large s...
A firm trend persisted in physical naphtha prices in Europe, after prices peaked to a 10 month high on the first day of the week. Prices continued to rise on strong demand from the petroc...
Start up of the Solution Linear Low Density Polyethylene II train (SPE II) has been successful. SPE II is owned by Siam Polyethylene Co. Ltd, a joint venture between Dow Chemical Company ...
CRUDE OIL Yo-yoing oil prices have ended the week of November 1, 2010 a tad higher than last week. Oil for December delivery rose to US$81.96...
Olefins producers in Asia are finding it increasingly difficult to compete with their counterparts in the Middle East. Ethane-based ethylene production costs in Saudi Arabia are around US...
Songwon and HPL have inked a deal to form a joint venture for polymer stabilizers. HPL will transfer all its business and assets related to polymer stabilizers to the new entity which wil...
In a contract estimated at US$820 mln, Petrobras has signed a contract to supply Toyota Tsusho Corp. (TTC) hydrated ethanol for ten years. The delivery will be of 143,000 cubic meters per...
Turkey’s plastics imports soared on a monthly and yearly basis in September,according to the recent statistics revealed by the Turkish Statistical Institute (TUIK). As per Chemorbis, this...
The new Hyperform® HPR family of reinforcing additives from Milliken provides processors with a new option for making high performance polypropylene parts with low weight. Hyperform® HPR-...
Songwon Industrial Co. Ltd. plans expansion of its antioxidants capacity from 55,000 tons to 70,000 tons. The expanded capacity will be on stream from August 2011. The expansion is the re...
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...
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