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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
The total output of China’s petrochemical industry has been valued at 4.11 trillion yuan (US$607 bln) for H1-2010. This is a 41.1% rise from a year ago levels- a new record high, accordin...
Dow Chemical Co. announced Tuesday a technology breakthrough project that will increase polyolefin elastomers manufacturing capacity at its production facilities in Freeport, Texas, (USA)...
BPCL has rescheduled a tender to sell 30,000 tons of low aromatic naphtha for loading from September 5 to 9 from Mumbai, as the port is shut following a collision between two cargo ships....
Driven by strong demand and inventory management, polypropylene markets in USA are faced with tight supplies. The market is expected to remain so through the first half of September and p...
In Asia, most overseas producers have concluded PVC business for August, followed by few announcements of September sell ideas at higher levels. As per Chemorbis, demand is reportedly goo...
The Revenue Department in the Ministry of Finance has notified the imposition of preliminary anti-dumping duty on imported PVC flex film from China, following a recommendation of the Desi...
After rejecting a compensation proposal, representatives of the residents of Mailiao Township have suspended talks with the Formosa Plastics Group (FPG). The representatives warned FPG th...
In its capacity as the only producer of propylene oxide in the Gulf region and the Middle East with a production capability of 200,000 tpa, Rabigh Refining and Petrochemical Company (Petr...
Global demand for cast polymers is forecast to increase at an annual rate of 8.7% through 2014, driven mainly by thriving construction markets in developing countries, as per Freedonia Gr...
Asian PP markets have seen a continuous rise since the beginning of the month, encouraging sellers to raise their prices to Turkey starting from last week, as per Chemorbis. The combinati...
In January, Qatar had inked an agreement with Exxon Mobil Corp. to jointly build a US$6 bln petrochemicals complex. However, the Qatari major has ideas to change its partner and is mullin...
Lummus has been awarded a contract by Tianjin Bohua Petrochemical to build a new propylene plant at Tianjin. The propane dehydrogenation plant will have a capacity of 600,000 tpa, and wil...
Amid ample supplies and weak demand in Japan, Asian petrochemical companies may import little or no naphtha from Europe for the second month in August, as per Bloomberg. Europe to Asia na...
Crude oil continues to linger at three month highs, around US$81 in Asian trading, boosted by progress in most Asian stock markets and a weaker dollar and weaker euro. Crude for September...
Unplanned downtime at petrochemical plants due to electric power failure is more common and costly than the total of fires, floods, earthquakes, network outages, service failures, and har...
Japan's Tosoh Corp plans to bring to a halt, its sole naphtha cracker at the Yokkaichi plant as per Reuters. The shutdown is mandatory to conduct checks at the plant after identifying min...
Rabigh Refining and Petrochemical Co (Petro Rabigh) plans to restart its polypropylene (PP) plant by end of week along with its fluid catalytic cracker (FCC), as per ICIS. Earlier this we...
BASF SE and Astra Polymer Compounding Co., Ltd. based in Saudi Arabia, have agreed to cancel plans for a joint venture for production of customer-specific antioxidant mixtures (CSB) in th...
CRUDE OIL Crude oil prices have risen past US$80 in Asia in the week of August 9, 2010. In the first half of the week, oil rose to US$81.8 in...
Global butylenes markets are very complex and interrelated. In most cases, butylene supply is determined by process economics further up the value chain without significant influence fro...
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