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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
Gail India Ltd has reported an increase in its net profit for the Q1 on increased sales driven mainly by higher volume of natural gas transmission, higher production of LPG and liquid hyd...
CRUDE OIL Crude oil prices witnessed a marginal rise in Asia to end the week of August 2, 2010 a tad higher at US$79. Oil ended the week on a...
PVC prices continued to firm up over the past week in Asia, with major regional producers claiming to have concluded their August business with increases from July at levels similar to th...
Formosa Petrochemical Corp. wants to defer some imports of naphtha and sour crude as its storage tanks are full after two accidents at its Mailiao crackers in July. Formosa’s 540,000 bpd ...
Gulf petrochemical producers in the Middle East have traditionally preferred cheaper home-produced natural gas. They are beginning to make the switch to naphtha as a feedstock amid growin...
GAIL has inked an agreement with Brahmaputra Cracker and Polymer Limited (BPCL) to market all the petrochemical products from it's upcoming natural gas and naphtha cracker complex, as per...
Taiwan's Formosa Petrochemicals Corp plans to delay maintenance of its No 1.03 mln tpa No 2 cracker from Aug. 20 to an undecided date, probably in October, to ensure steady production, as...
Ineos Group has entered into a binding agreement for the sale of its Global Films business to Bilcare AG, one of the world's leading providers of research led packaging to the global phar...
GAIL India’s plan to set up a mega gas-based petrochemical overseas plant in joint venture with Reliance Industries (RIL) has taken a back seat as the state-run gas major has decided to d...
Like many other polymers, China is helping to stabilize the PET market late summer as players respond to the recent crude oil prices and production outages at various cracker complexes an...
Taiwanese Premier, after visiting the plant, has ordered suspension of operations of the Formosa Plastics Group's sixth naphtha cracker in Yunlin County, four days after a fire occurred o...
Europe’s third-biggest oil company Total SA, has reported a 72% increase in Q2 profit after projects started last year were ramped up and on significant improvements across all of its bus...
Towards the end of last week, oil prices have recovered amid a weaker dollar and positive data from Europe. New York's main contract, light sweet crude for delivery in September, mounted ...
Huntsman Corp. has agreed to acquire the chemicals business of Indian ethylene oxide derivative maker Laffans Petrochemicals Ltd. Financial terms of the agreement were not disclosed. The ...
China’s styrene monomer (SM) imports for June totaled to 264576 tons, down by 10% on y-o-y basis, and 15% lower on m-o-m basis, as per Chemical Explorer. The country exported 2 tons of SM...
Ethylene contract prices for the month of August are expected to rollover from July levels in Brazil. July ethylene price for Brazil’s domestic market has been heard at US$1215/MT FOB as ...
Spot propylene prices in Asia have risen considerably this week, with prices finding support from reduced operating rates at several propylene facilities in the region along with firmer e...
Bayers’ revenues have mounted by 14.6% to €9.18 bl, largely due to growth in its consumer health and high-tech materials divisions. Net income has dropped to €525 mln, down from €532 mln ...
To accelerate the trend toward replacing metals with high-performance, durable and versatile thermoplastic compounds, SABIC Innovative Plastics has collaborated with Swiss software maker ...
Abu Dhabi National Chemicals Co (Chemaweyaat) has dumped plans to develop units at Khalifa Port and Industrial Zone (KPIZ). The company will now relocate all of its 12 planned JV petroche...
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