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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
German PVC, PE and PP compound maker Polymer-Chemie has expanded production of PVC compounds to 20,000 tons at its Russian LLC Tula Polymer factory, as per European Plastic news. Financia...
The companies SIBUR and NOVATEK have concluded an agreement to acquire petrochemical holding company OJSC NOVATEK-Polymer. A share of the authorized capital of OJSC NOVATEK-Polymer to the...
Petrochina Co has won government approval to double the capacity of its 5 mln tpa Huabei oil refinery. The expansion will make the plant the 14th refinery in China with an annual capacity...
Middle Eastern producers have approached the Egyptian market with their September offers, as per Chemorbis. Producers’ LDPE film offers indicate rollovers to increases from August levels-...
Naphtha prices in Asia fell from a two-week high, and naphtha cracks dropped from three-month highs on muted spot demand and ample supplies, as per Reuters. At least 115,000 tons of Afric...
Indonesia’s Tri Polyta’s polypropylene plant, that has been shut for debottlenecking since March 2010, will see a delay in restart. Restart will be delayed by three months to April 2011, ...
State-owned Egyptian General Petroleum Corp (EGPC) has sold 350,000 tons of naphtha for September-December loading from Suez. JPMorgan will lift 6 cargoes, each at 35,000 tonnes, at premi...
The global steel pipe coating market is worth circa €5 billion, reveals the market study released by Applied Market Information Ltd. (AMI). The pipe coating industry was affected by the g...
Polycarbonate is one of the most widely used thermoplastics. It has the second largest share in the thermoplastic market after polyamide and is one of the fastest growing types of thermop...
Expanding supplies of natural gas liquids derived from unconventional sources, such as the Eagle Ford and Marcellus shales and Bakken formation, is expected to benefit the cost structure ...
Rabigh Refining and Petrochemical Co (Petro Rabigh) has restarted its 700,000 tpa polypropylene (PP) plant in Rabigh, taken off line in early August because of a shortage of feedstock pro...
BP is to hive off interests in ethylene and polyethylene production in Malaysia to Petronas, Malaysia's national oil company. The sale by British oil giant for US$363 mln is expected to b...
Honam Petrochemical has purchased around 50,000 tons of naphtha for H1-October delivery. Deals were concluded for open-spec grade at a discount for the first time in about two weeks. As p...
After oil prices escalated by almost two dollars on Wednesday on surprisingly strong US and Chinese manufacturing data, they have recoiled on profit-taking. Crude oil dipped on the Nymex ...
September import deals in Asia for PP and PE have been concluded with sizeable increases when compared with August done deal levels, with several producers from the Middle East achieving ...
A Thai court has ruled that nearly all the projects at Map Ta Phut industrial park can resume operations. Most of the US$12 bln investment in new projects have been permitted to proceed, ...
Following the two to three weeks of shutdowns for summer holidays in August, Italian buyers have totally resumed their activities this week, as per Chemorbis. Having been in the sidelines...
CRUDE OIL Crude oil prices have risen to hover around US$75 in the week of August 30, 2010 on a pledge by Federal Reserve Chairman to safegua...
Several traders have roundly turned down new US spot export offers as they were deemed too high for most import markets, as per Platts. Formosa is rumoured to have offered HDPE blow mol...
Plants at Map Ta Phut have been idle for a year, and construction at some of the new plants halted, because companies failed to carry out environmental and health assessments. 76 projects...
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