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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
Reliance Industries is to shut a crude distillation unit (CDU) for scheduled maintenance at its 660,000 bpd for around a month starting November, as per Reuters. The older 660,000 bpd pla...
Saudi Aramco sold 50,000 tons of A180 naphtha for early November loading from Ras Tanura almost US$16-17/ton above Middle East quotes, free on board (FOB) basis, pointing to a strong reco...
Asian naphtha prices recovered, while cracks eased as demand for H2-November cargoes tailed off, as per Reuters. Demand from South Korea for November cargoes is almost over – this is maki...
San Francisco start-up Siluria Technologies has secured funding to commercialize its process to transform natural gas into chemicals and materials for large-scale production – with far le...
As ethylene production in China jumped to the highest level in 8 months, profit from making ethylene may drop to US$100/MT in Asia in 2011, as per Bloomberg. Profits are expected to be ca...
Foster Wheeler USA Corporation, part of its Global Engineering and Construction Group, has been awarded a project management consultancy (PMC) contract by Carbon Holdings for a petrochemi...
The global requirement for oil, gas and water is driving pipelines into more hostile situations. At the same time many pipes are reaching the end of their service life and need replacing,...
The import PP markets in Turkey and Egypt, where Middle Eastern producers are the main supply sources, have been witnessing firmer sentiments recently, as per Chemorbis. Following the rec...
CRUDE OIL Crude oil ended the week of October 18, 2010, lower than the past week. Crude for November delivery fell by almost one and a hal...
PVC sellers in Southeast Asia report that their offers are meeting with significantly better demand this month when compared with the past month. As per Chemorbis, the buyers (converters...
Importers of petrochemicals from Iran have resorted to using bank cheques, direct remittance to accounts, escrow accounts and "hawala" transactions used in the Indian subcontinent, to get...
The Indian government has initiated investigations on a petition to impose anti-dumping duty on polypropylene imports from Korea, Taiwan and the US. Investigations have been initiated on ...
Total Petrochemicals plans to expand capacity to over 200,000 tpa at its polystyrene plant in China’s Guangdong province, as per Plasticsnews. The new capacity at the Foshan factory will ...
Slovnaft AS, the Slovak unit of Hungarian refiner Mol Nyrt., plans to invest in a new petrochemical plant for products with higher added value, as per Bloomberg. Mol executives will take ...
US demand for caps and closures is forecast to increase 4% pa to US$9.5 bln in 2014, reaching 275 billion units. Advances will be aided by greater use of more expensive dispensing closur...
Toray Plastics (America) Inc., leading manufacturer of precision-performance polyester and polypropylene films, has introduced new Ecodear® advanced compostable bio-based films, made with...
The Gujarat government has decided to put the Petroleum, Chemical and Petrochemical Investment Region (PCPIR) at Dahej on the fast track, advancing date to achieve US$20 bln investments f...
A consortium of South Korea's Samsung Engineering Company and Germany's Linde has been awarded an EPC contract for an acrylic acid complex in Saudi Arabia. The complex is to be built at a...
Crude for November delivery fell by almost one and a half dollar to US$81.2 on the Nymex. Brent crude for December dipped to US$82.4 on the ICE Futures Europe exchange in London. Crude oi...
Polystyrene prices continued with their firm trend in global markets including China, Southeast Asia, Turkey and Egypt, as per Chemorbis. Offers have been supported by strong upstream cos...
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