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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
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 ...
Chevron Phillips Chemical ethylene and cumene feed preparation units have restarted, according to a filing with the Texas Commission on Environmental Quality, as reported by Platts. The f...
Naphtha prices in Asia have fallen from a six-session high, open spec prices for H2 August have fallen to US$620/MT. Naphtha cracks in Asia have ebbed to US$58.40/ton- their lowest level ...
Asia's number one refiner Sinopec Corp and Japanese trading company Marubeni Corp have formed an alliance for energy and petrochemical projects in regions like South America and Africa. S...
Increasing sustainability through additive innovation is central to the many cutting-edge developments for polyolefins to be presented by Milliken at K 2010. Milliken will showcase pionee...
CRUDE OIL Crude oil prices have risen to US$76 on the Nymex in the week of July 12, 2010. Optimism in stock markets and expectations of robu...
After gauging damage caused by a fire at its 700,000 tpa naphtha cracker, Formosa Petrochemical Corp will determine the duration of the shutdown by next week. A very small fire inside the...
After rising by over 30% in the year, polypropylene (PP) prices in Europe have paused for the first time in 2010 as per ICIS, as average increase in July is pegged at no more than €5/ton ...
Oil refiner Petron Corp. has acquired, for an undisclosed amount, 40% stake in Petrochemical Asia (HK) Ltd. (PAHL), with an option to raise its interest to 51%. PAHL is the parent firm of...
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