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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
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...
UOP LLC, a Honeywell company has announced that Total Petrochemicals has successfully demonstrated UOP technology that will enable the use of feedstocks other than petroleum to produce pl...
Gains in the stock markets and a rising euro have pushed up oil prices to over US$72.5 a barrel in Asia. Stocks markets rose e and Asia as the euro advanced to US$1.2594. Markets in USA w...
Global medical plastics market is projected to exceed 10 billion lbs by the year 2015 as per a report by Global Industry Analysts, Inc. Biocompatibility, autoclavability, chemical resista...
CRUDE OIL In the week of July 5, 2010, crude oil futures have fallen to US$72 levels, dropping for the fifth consecutive day on growing con...
Traders in China seem to have rid themselves of most of the excess stock levels that had been plaguing them over the past few weeks, giving import PE prices a boost at the lower end of th...
Royal DSM N.V has inaugurated its new Stanyl® ForTii™ production unit. As announced in May 2009, the new facility has quadrupled production capacity for Stanyl ForTii in order to meet mar...
Rapid Granulator AB has successfully completed the restructuring process which the company began in October 2009. This restructuring process which only affected Rapid’s Swedish operation ...
Middle Eastern producers announced their PE prices to Egypt while overall offer levels indicate decreases from their June levels, as per Chemorbis. Middle Eastern LDPE offers represent US...
Qatofin has exported about 4,500 tons of ethylene from the Ras Laffan Olefins Company (RLOC), shipping it via Norgas, the company’s ethylene shipping contractor. Commercial operations we...
Crude oil futures have fallen to US$72 levels, falling for the fifth consecutive day, on growing concerns as economic data continues to inducate a stalling economic recovery. Oil prices c...
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