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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
As planned in April, Japanese oil refiner Idemitsu Kosan Co and petrochemical maker Mitsui Chemicals Inc will combine operations of their two naphtha crackers on the first day of October,...
HC Petrochem Co., Ltd., a joint venture between Japan's Cosmo Oil and South Korea's Hyundai Oilbank, will use the UOP Parex™ process and the UOP Isomar™ process to help triple production ...
Since mid-August, Turkey’s HIPS market has been trading at a one year record high premium particularly in the local market when compared to that of GPPS, with the price difference between...
With growing customer requirements for high-performance, specialty polypropylene (PP) products, LyondellBasell announced that it plans to extend production and technology capabilities at ...
Oil prices have dropped below US$76 a barrel, as the market awaits the latest US supply figures for clues about the strength of demand for crude. Crude inventories are expected to have ri...
Japanese refiner Idemitsu Kosan Co expects to restart a naphtha cracker at its Tokuyama plant in early October, as per Reuters. The 256,000 tpa naphtha cracker has been shut on Sept. 6 fo...
Investor Len Blavatnik and his company Access Industries have refuted claims that he was aware of a US$12 bln leveraged buyout in 2007 that created LyondellBasell would fail, as per Reute...
Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, as per Mehr news agency. Iran faces international san...
Keyuan Petrochemicals, Inc. has commenced construction of its first Styrene-Butadiene-Styrene ("SBS") production facility in Ningbo, Zhejiang Province, which will be adjacent to its curre...
Combining clarity and strength, the most recent innovation in multiserve beverage packaging from Eastman Chemical Company Aspira™ copolyester EN177, allows increased design and processing...
CRUDE OIL Crude oil prices ended the week of September 27, 2010 at US$76.4 on the weakening US dollar and optimistic economic indicators. As...
PET sellers in China have begun the week by announcing significant increases on their offers for both the local market and the export market, pointing to rapidly rising feedstock costs, a...
Borouge has launched a marketing and sales company in Beijing in a bid to increase sales of compounded plastics in automotive and white goods sectors. Five months ago, it opened a compoun...
Strong growth in domestic petrochemicals demand in H1-10 is likely to abate, owing to a cooling in economic activity, but the Indian market is strong enough to justify the planned rapid i...
Kuwait Petroleum Corporation is keen to pick up strategic stake in Indian Oil Corporation, which is preparing for a follow-on public offer later this fiscal. The government, however, is p...
Monoethylene glycol (MEG) prices have spiked in line with soaring ethylene prices as the Northeast Asian market returned to work after last week’s holidays, as per Platts. On Friday, MEG ...
Yansab’s ethane fed cracker has been restarted after an unplanned shutdown. The unit went offline on Sept. 10 due to a technical glitch, as per Reuters. As a result, production dropped at...
Reliance Industries plans to invest Rs 40,000 crores in petrochemicals by 2014 to expand the world’s biggest refining complex at Jamnagar, Gujarat. Rs. 16,000 crore has been earmarked to ...
The last day of the week saw naphtha prices in Asia recover to a two-session high after ebbing to a two-week low on the previous day. Naphtha cracks were at a four-session low on muted sp...
Trans Polymers Ltd. - a British and Pakistani joint venture is in the process of finalizing plans to build a 350,000 tpa polyethylene (PE) plant near Port Qasim in Karachi, Pakistan, at c...
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