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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
A polymer sticker comprised of microstructures that bend incoming sunlight has been developed by Genie Lens Technologies. The microstructures were designed by studying the way light rays ...
All the 37 refining and petrochemical units at PetroChina Co’s Daqing facility will be closed for a 40 day maintenance shutdown from August 17. The refinery has a capacity to process 6 ml...
After hitting close to US$83/barrel in early August, crude oil futures on the Nymex had boosted sentiments in polymer markets particularly in Asia with sellers finding extra support to ra...
Recent demand from Formosa Petrochemical Corp could help absorb surplus naphtha from the Middle East, and could result in an uptrend in naphtha prices. The Asian market was majorly impact...
The region will see reduced naphtha supplies from the Middle East in October on shutdown of both of Abu Dhabi National Oil Co (ADNOC) ‘s 140,000 bpd condensate splitters. This will result...
Falling for fourth consecutive session, crude oil prices have plunged by five dollars in the week to hover around US$75. Light, sweet crude for September delivery dipped to settle at US$7...
The demand for PET is highest in Asia, with China driving the majority of global demand. As per GBI Research, demand in advanced countries like Japan has largely stabilized. There is a hu...
Fewer maintenance shutdowns have pushed up Japanese ethylene production by 7.2% to 593,700 tons in July 2010 vs 553,800 tons in July 2009. This is the first year-on-year rise since March,...
Dow Chemical has begun the start-up process of its 612,000 tpa unit at Texas. The LHC-7 Freeport cracker in Texas was taken off line on 14 July, following an outage at a steam turbine. Th...
Saudi Kayan Petrochemical Company has started the 537,000 tpa ethylene glycol line at its new complex at Jubail Industrial City. However, the MEG line is not running at full capacity, tes...
A year after levying tariffs on polypropylene imports from Saudi Arabia and Oman, the Indian government is considering a new round of import tariffs targeting Gulf producers that receive ...
Braskem has witnessed halving of its profits in Q2-2010 due to the positive impact the Brazilian real's appreciation had against the US dollar on last year's results. The Brazilian petroc...
The gasification unit has been started up at the China Shenhua Coal to Liquid and Chemical Co. Ltd.’s project in Baotou, Inner Mongolia with advanced coal gasification technology provided...
Sinopec and the Hebi municipal government have inked an agreement to jointly develop a 1.8 mln tpa methanol-to-olefins project. Investment outlay in the first phase of the project will to...
Light, sweet crude futures for delivery in September traded at US$76.7 on the NYmex, rising by a dollar. September Brent crude on London's ICE Futures exchange climbed up to US$76.3. Crud...
Borealis has announced a net profit of €92 mln for Q2-2010, a further improvement compared to €54 mln in Q1-2010, as well as when compared to Q2-2009. Net profit was reported at €146 mln ...
Domestic PP and PE prices have recorded significant increases over the past few weeks, in China driven by higher crude oil costs and expectations of better demand in line with the high se...
China is to impose an antidumping duty of up to 20.1% on terephthalic acid (PTA) from South Korea and Thailand Thursday for five years, after finding the domestic industry had suffered 's...
India’s number one polystyrene maker-Supreme Petrochem, has declared force majeure for its exports after Mumbai port was closed due to collision of two ships. As per Platts, up to 100 con...
Tomskneftekhim, part of the SIBUR-holding group’s 300,000 tpa ethylene unit has been modernized with Sulzer internal components. The modernization has helped improve rectification indicat...
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