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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
In a move towards strategic growth, LyondellBasell is moving ahead with strategic growth, adding another 320,000 tons of HDPE capacity in Europe, as per Plasticsnews. Output from the Münc...
Saudi Basic Industries Corporation (SABIC) has signed an agreement with Lurgi GmbH, for the technology licensing and engineering that will allow SABIC to produce oleo-chemicals at its aff...
The use of UNIPOL™ Polypropylene (PP) Technology from Dow Basic Plastics Licensing and Catalysts continues to grow at a rapid pace in China. China Shenhua Coal to Liquid and Chemical Baot...
A series of seemingly temporary factors has kept global polyolefins markets very tight as per ICIS. Few long existing factors have also contributed to supply constraints, making it easie...
Spot monomer prices in Asia have moved up this week despite the persistent declines in crude oil prices tanking crude oil to US$73/barrel this week, as per Chemorbis. This discrepancy in ...
Bharat Petroleum Corp Ltd (BPCL) has cancelled a tender to sell 15,000-20,000 tons of naphtha for Aug. 26-27 loading, because specifications of the parcel did not meet industry standards....
A fire compelled Sinopec Corp. to shut a furnace at an 800,000 tpa ethylene plant at Qilu, East China. Shutdown duration is unknown. The accident was caused by an oil leak from a pipeline...
Japan’s Mitsui Chemicals has suspended operations at a naphtha cracker with 553,000 tpa ethylene capacity. The Ichihara plant in Chiba prefecture faced a problem with equipment, leading t...
Additional cracker outages this week leading to a scramble for spot material have propelled ethylene spot prices to three month highs of US$1000/ton in Southeast Asia. As per ICIS, a deal...
A new blood-clotting material has been developed by a team from University of Maryland in College Park. This is a hydrogel, a Jell-O–like mixture of water and the fibrous polymer acrylami...
Canada’s largest petrochemical producer Nova Chemicals, plans maintenance at its Joffre chemical plant (Alberta), where it houses three ethylene plants. Flaring associated with the mainte...
US polypropylene maker ConocoPhillips has declared force majeure (FM) on its copylene impact copolymers deliveries in August and September, as per Platts. An equipment breakdown coupled w...
Naphtha prices in Asia continued to dip, falling for the fourth straight session to settle at nearly a month-low, and physical cracks have eased from an 11-week high on muted spot demand ...
Jacobs Engineering Group Inc. has received a contract from IOT Infrastructure & Energy Services Limited (IOT) to provide engineering services for Indian Oil Corporation Ltd.'s (IOCL) Dela...
The US Environmental Protection Agency (EPA), the U.S. Justice Department, and the United States Attorney for the Southern District of New York have announced that Chemtura Corporation ha...
Crude oil for October delivery mounted to US$72.9 on the Nymex from yesterday’s 72.5. Oil prices are on the rise for the second day in line with a recovery in equities amid investors’ the...
The much awaited PP and PE offers from Middle Eastern suppliers, that are taken as a reference for future direction of the market trend, are slowly surfacing for September in China and Tu...
Persistently weakening crude oil prices over the past week could hamper Asian and Middle Eastern producers’ efforts to raise polyethylene (PE) prices for September shipments, as per ICIS....
Thailand’s PTT and Siam Cement are optimistic of mobilizing all but one of its petrochemical projects in Map Ta Phut that have been halted as a result of the courts suspension orders on e...
CRUDE OIL Oil prices continue to move south in the week of August 23, 2010. The dip has been persistent amid sell-off in stocks and a stren...
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