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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
Domestic styrene buyers in USA are likely to see a possible contract roll-over from July to August, in line with a sharp jump in benzene prices as per Platts. A fire at a Formosa refinery...
Converters and traders in Egypt and Turkey’s PE markets have started to receive August offers from Middle Eastern suppliers this week, as per Chemorbis. Facing considerable downward press...
Japan's largest propylene producer - JX Nippon Oil & Energy Corp., is slated to shut three propylene plants in September and October for maintenance. The planned outages are expected to c...
CRUDE OIL Crude oil prices have ended the week of July 26, 2010 at levels below US$79 a barrel as concerns cloud fresh signs of economic grow...
The growing Asian petrochemical industry is short of naphtha as a feedstock. As a result, naphtha trading is set to thrive in Asia, prompting more traders and banks to set shop in the reg...
Q1 and Q2 2010 have been a period of unusual price volatility and unexpectedly strong profitability for US ethylene makers, as per OGJ. H1-2010 has also been a period of extreme swings in...
DSM Engineering Plastics and RESINEX have entered into a distribution agreement, to join forces in the market development and sales of DSM Engineering Plastics resins in Romania, Bulgaria...
The recent upward swings in crude oil and spot propylene prices have driven PP buyers to the market to make fresh purchases in Asia, as per Chemorbis. While sellers acknowledged seeing be...
The global market for plastics additives and barrier coatings is set to grow at a compounded annual growth rate (CAGR) of 4.6% to total US$752 mln by 2014, according to a new report from ...
Taiwan's Formosa Petrochemical awaits a decision from the government on the deferral from August to October of a scheduled turnaround at its No. 2 naphtha-fed steam cracker in Mailiao wit...
EuCIA was recently informed that both India and Turkey have imposed anti-dumping measure on glass fibre from China. In India’s case the provisional measures are reaching levels of 40.86%....
GS Engineering & Construction Co. has received a letter of intent from an affiliate of Thailand's state-run oil company PTT Public Co. to expand and run its propylene producing facility i...
In China, the overall import PS price range recorded decreases on a week over week basis, though most of these down adjustments were made at the beginning of last week, as per Chemorbis. ...
Oil prices have dropped below US$79 a barrel as concerns cloud fresh signs of economic growth that stress tests to be conducted on European banks could reignite the continent's debt crisi...
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...
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