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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
Saudi Kayan’s Jubail petrochemicals plant may cost about 24% (9 billion riyals) more as a result of delay in project execution. The company will seek loans and funds from shareholders to ...
India’s largest polystyrene producer Supreme Petrochem Ltd (SPL) has declared its year end financial results for the fiscal year 2009-10. As per the financial report it has managed to reg...
For the second time this month, Saudi Aramco has offered around 50,000 tons of naphtha. The parcel, for August 27-29 loading, is the second rare spot parcel loading from Jubail in less th...
Better prices for ethylene in Europe are luring Middle Eastern and US cargoes away from Asia. As per Platts, South East Asian ethylene spot prices have stayed flat at US$797/mt CFR in the...
Naphtha prices in Asia have spiked by ten dollars, touching a three-week high, with physical cracks having surged to their highest in more than two weeks, as cargoes head West. About 300,...
About 300,000 tons of Mideast, Suez naphtha is on an unusual journey towards the West. This reversal of a usual Eastward journey to Northwest Europe and the United States will help to imp...
A thunderstorm that struck Daesan has led to power outages at several petrochemical facilities at the site. Samsung Total’s 850,000 tpa naphtha cracker, along with its downstream plants a...
PTT Chemical Plc (PTTCH) is Thailand's leading petrochemical company, founded through a merger of the PTT affiliates National Petrochemical (NPC) and Thai Olefins (TOC). The Map Ta Phut d...
JX Nippon Oil & Energy Corporation was running its naphtha-fed steam cracker and butadiene unit at around 80% in late June as jellyfish clogged sea water pipes which are used to cool the ...
Asian market players have fortified themselves for increased PVC offers from major Asian producers for August, as apparent with initial increases for August in local offers in Southeast A...
From cautious optimism, to rising anxiety, the mood surrounding China's polyolefins market in H2-2010 is downright pessimistic, due to a lethal cocktail of stronger output in China and th...
Earnings of Lotte PTA Pakistan (LOTPTA), supplier of over 60% of Pakistan’s Purified Terephthalic Acid (PTA), are expected plunge by 25-50%. The company’s protection will be reduced from ...
Invista, USA’s polyethylene terephthalate (PET) producer, is considering the sale of its polymer and resin assets in North America, as per ICIS. Invista's polyester and resin business inc...
After receiving the necessary license, Braskem is scheduled to commence operations in August and produce 200,000 tons of "green plastics". Braskem is Americas’ largest thermoplastic resi...
On Tuesday, crude oil contracts for August expired on NYMEX, reaching a three-week high settlement at US$77.44/bbl, which was a 90 cent rise day over day and the second day of increases, ...
South Korea's petrochemical exports are expected to decline in July after growing by 24.1% year on year to US$2.87 bln in June as the won stabilises after sharp falls against the US dolla...
The global market for functional additives and barrier coatings for plastic packaging is to grow by 4.3% in the period 2009-2014 according to a new study by Pira International. In 2014 th...
Even as it awaits the in-principle approval for its PCPIR from the Centre, the Orissa government plans to invest Rs 1796 crore on infrastructure development of the proposed Petroleum, Che...
A call to prohibit continuation of Formosa’s expansion projects has been made in Taiwan. The Formosa Plastics Group should not be allowed to continue expansion of the sixth naphtha crack...
Exatec*, a wholly owned subsidiary of SABIC Innovative Plastics, and ULVAC, a leader in mass-production vacuum technologies, have collaborated to accelerate cost-effective, high-volume pr...
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