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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 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...
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...
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