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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
Spot PS prices continued to move lower this week in Asia triggered by lower feedstock costs and lackluster demand, as per Chemorbis. Demand for end products is not expected to pick up in ...
The European polymer blends and alloys market will increase from €346 mln in 2009 to €453 mln in 2016, according to Frost & Sullivan’s report on European polymer blends and alloys markets...
Wuhan Petrochemicals is to complete the construction of an 800,000 tpa ethylene plant by end of 2012. The company plans to invest 4 billion Yuan in 2010 in its new ethylene project, to be...
To cope with high inventories in the domestic market and low demand, with effect from July 7, Sinopec has reduced offers for linear low density polyethylene on an ex-works basis by 11.8% ...
An additionally blow has been felt by the oil, gas and petrochem sector in Iran with a fresh round of United Nations and US sanctions. This will hamper Iran’s ability to further develop t...
Thin wall plastics packaging includes tubs, cups, jars, trays and ready meal dishes. It is used to preserve and protect a wide variety of items including yoghurt, margarine, ice cream, b...
High pressure cylinders for motor vehicles that use Compressed Natural Gas (CNG) for their propulsion can now benefit from lightweight, cost competitive, advanced composite materials. Wit...
In China, the country imported a total of 1,246,000 tons of plastics in May, indicating a decrease of more than 113,000 tons from April and a larger decrease of 455,000 tons from March, w...
Naphtha cracks - the premiums/losses from refining Brent crude into naphtha, have dropped by over 5 dollars to US$76/ton. Cracks have ebbed to their lowest since Oct. 16, 2009 on concerns...
A fire caused by a possible leakage at a distillation tower has forced a shutdown at Taiwan's Formosa Petrochemical Corp’s 700,000 tpa naphtha cracker. The fire is currently under control...
India has invited German investment in the fast growing chemical and petrochemical sector in India. Shri Srikant Kumar Jena, Minister of State for Chemicals & Fertilizers, who was on a t...
Nigeria National Petrolium Company has signed an MOU with China State Construction Engineering Corporation for building an oil refinery in Nigeria. The Lagos refinery is part of a larger ...
Crude oil prices have risen to levels of US$75 on signs of recovery in USA and China. Oil prices have climbed to their highest level in a week on reports of gains in US retail sales at an...
Qatofin’s 450,000 tpa linear low-density polyethylene plant will reach full capacity by early part of 2011. Current run rates at the plant are pegged at 80% capacity, and remain at this l...
A more efficient technique for producing biofuels from woody plants significantly reduces waste that results from conventional biofuel production techniques has been developed by research...
The Egyptian General Petroleum Corporation (EGPC) has reissued a tender to sell up to 50% of the surplus naphtha cargoes from its H2-10 term cycle, as per Platts. The tender was issued to...
A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has been awarded an engineering, procurement and construction management (EPCm) contract by Dow Deutschland A...
Petrologistics has delayed by one month, the start up of ts 500,000 tpa propylene plant at Houston, Texas. Start up of the propylene plant, which is expected to be the largest propane deh...
Saudi's Falcom Financial Services plans to launch an exchange-traded fund (ETF) for Saudi petrochemical shares on the Kingdom’s bourse as per Reuters. After granting foreign share ownersh...
Spot propylene prices have posted decreases of over US$110/MT in the past month in Asia. As per Chemorbis, month-over-month increases for the first 4 months of 2010 were followed by a dec...
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