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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
UOP LLC, a Honeywell company, announced that Total Petrochemicals has successfully demonstrated UOP technology that will enable the use of feedstocks other than petroleum to produce plast...
Keyuan Petrochemicals, Inc., leading independent manufacturer and supplier of various petrochemical products in China, has completed and placed in service, effective July 1, 2010, a new d...
Taiwan's Formosa Petrochemical Corp will restart its 700,000 tpa No. 1 naphtha cracker around end September or October, post-repairs, as per Reuters. Uncertainty shrouds the shutdown of i...
Diverse views on whether US polyethylene export prices have bottomed are hindering trade, as per Platts. Most traders agree that supply of all grades of polyethylene is tight, with prices...
Borealis has announced creation of a new Mobility business unit organisation which will, together with Borouge, its joint venture in the Middle East and Asia, provide global supply capabi...
Global demand for PET was growing fast over the last decade. The effect of the economic slowdown has adversely affected the consumption of various commodities in many countries globally. ...
Oil prices dipped to hover below US$77 in Asian trade as traders sold off crude after prices rose on the previous day. Oil prices rose after a report by the US Department of Energy statin...
After following a mostly steady trend in June, domestic PVC prices started the month of July with price decreases, as per Chemorbis. Ethylene and acetylene based PVC prices decreased by C...
Singapore-based petrochemicals logistics services provider Hengyang has completed construction of 42 storage tanks and a petrochemical jetty at its Deqiao facility in the Jingjiang Petroc...
Prices decline for the third consecutive month in June in the global petrochemicals industry, causing the Platts Global Petrochemical Index (PGPI) to drop to US$1051/mt on June 30, the lo...
Malaysia’s chemical and petrochemical industry is poised for recovery this year based on better overall performance in the first five months, as per International Trade and Industry Minis...
The Solar Impulse aircraft, powered only by solar energy, has successfully completed its first night flight. The ultralight aircraft was airborne for a total of 26 hours - from 7 am on Ju...
In a bid to avoid getting caught in a weaker market, India’s Oil & Natural Gas Corp (ONGC) has doubled the volume it usually trades in one spot tender. ONGC has offered 70,000 tons of nap...
Northwest European naphtha crack swaps have plunged to their lowest level in nine months, according to Platts. Naphtha crack swaps represent the relative value of the product to crude. CI...
SABIC’s two new High Density Polyethylene (HDPE) grades for Industrial Container applications - SABIC® HDPE ICP4907S and SABIC® HDPE ICP5602 - are commercially available for the global ma...
PP markets in Turkey and Egypt have been under continuous pressure from lower offers for Middle Eastern origins in Asia for the past few months, as per Chemorbis. Offers for PP from the M...
In order to clear inventories, US styrene monomer producers have sold at a loss to Europe, as per Platts. During the past week, about 20,000 tons of US material was sold for export to Eur...
US equities gained for the sixth straight day – kicking off the start of the quarterly earnings season on a positive note. Crude oil prices have risen by over two dollars, past US$77 to n...
Substantial opportunities for the further penetration of plastic bottles in packaging markets have been identified by Applied Market Information Ltd, in its latest research project. In it...
Indorama Polymers Public Company plans to expand its Alabama plant to set up a US$12 mln PET recycling facility to blend 25% of the recycled PET, which equals 100 tons a day, into virgin ...
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