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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
South Korea’s Honam Petrochemical will pay about US$1.25 bln in cash to acquire Titan Chemicals Corporation, as per Plasteurope. Following an initial takeover of 72.6% of the shares held ...
Qatar's production of polyethylene for September shipments is expected to be down, as per Platts. This reduction in low density polyethylene allocation from Qatar Petrochemical Company (Q...
Shell Chemicals announced the successful first turnaround at the CSPCL - "Nanhai" petrochemicals joint venture complex in Guangdong, China. Nanhai is a joint venture with China National O...
South Korean companies have revealed their financial results for Q2-2010 over the week. Some petrochemical companies saw considerably better figures for the April-June period, as per Chem...
Asia’s regional markets have had a fall amid recent concerns about the pace of the global economic recovery. These concerns have tanked oil prices to US$72 a barrel that have fallen more ...
Saudi Arabia's Petro Rabigh expects to achieve on-spec production at its fluid catalytic cracker at Rabigh by mid week, as per Platts. Though in the process of restarting, the 900,000 tpa...
LyondellBasell continues with force majeure on supplies of polypropylene (PP) from its 210,000 tpa plant at Carrington, UK, as per ICIS. No information is available on the status of the p...
Residents in the vicinity of Formosa Plastics Group’s naphtha cracker in Mailiao, Yunlin County, have accepted the company’s compensation offer at a meeting chaired by the county governme...
The global ethylene oxide (EO) market has been growing at a CAGR of 4.4% from the year 2000 to 2009. It is forecasted to grow at a CAGR of 4.5% from the year 2009 to 2020. Global demand f...
Amid robust sentiments, Egyptian General Petroleum Corp (EGPC) has offered 350,000 tons of naphtha for September-December by tender. Market sentiment is strong due to short-covering by bu...
Spot propylene prices in Asia remained firm over the past week, with supply limitations pushing prices higher despite the ongoing decline in crude oil prices, as per Chemorbis. Meanwhile,...
In a bid to meet an increased global demand, one of Celanese Corporation’s strategic affiliates - Fortron Industries, will increase production of Fortron polyphenylene sulfide (PPS), at W...
Time Technoplast Ltd., India’s leading manufacturer and marketer of polymer products, has signed an agreement to acquire plastic product division of Solutia Inc., in Europe. Solutia is a ...
Oil prices dipped on the last day of the previous week as the slide in oil prices continued. The dip has been persistent amid sell-off in stocks and a strengthening dollar. On the economi...
European low density polyethylene (LDPE) sellers are upbeat of hiking prices nest month as low inventories along the product chain are coupled with expectations of increased demand when b...
The world's lowest input costs have placed Saudi petrochemicals suppliers in an enviable position and are helping them capture global market share. The shift currently taking place to hea...
1. At present as per rule 18(4) of the SEZ Rules, the Board of Approvals (BOA) for SEZs does not consider proposals for setting up plastic waste/scrap recycling units within SEZs. F...
The spread between August and September naphtha swaps in the over-the-counter-market in Europe has flipped into backwardation as naphtha cracks continue to rebound, as per Platts. The Aug...
Spanish PET producer La Seda de Barcelona SA plans to halve its PET capacity by disposing off non-core polymer and raw material plants in Italy, Portugal, Greece, Turkey and Spain as part...
Formosa Petrochemical Corp. has gradually started to resume regular deliveries of butadiene and propylene to its end-user customers in Kaohsiung. Deliveries from Mailiao were delayed earl...
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