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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
Across the globe, spot PET prices have weakened in line with softening feedstock costs and poor demand, as per Chemorbis. Concerns about the health of the global economy and relatively mi...
In a US$23.8 bln deal, China State Construction Engineering Corp. Ltd. and Nigerian National Petroleum Corp. - Nigeria's state-run oil company have inked a memorandum of understanding to ...
A 40% drop in naphtha exports to Asia in being anticipated as refiners lift supply and prices in Singapore discourage shipments from Europe, as per Bloomberg. Based on a survey of four Eu...
Vietnamese and overseas partners are preparing to sign an Engineering, Procurement and Construction (EPC) contract for the Nghi Son refinery and petrochemical complex. Value of the contra...
Asia's No.4 crude oil refiner SK Energy, plans to focus on exploration and production of oil, and research and development of energy. The South Korean major plans to spin off its crude oi...
Despite a rise of US$4 per barrel in oil prices since beginning of the month, styrene prices continue to lose grounds in Asia and Europe causing buyers to anticipate decreases in PS marke...
Taiwanese government targets the date of June 30 to sign an economic cooperation framework agreement (ECFA) with China. The ECFA remains largely unchanged, but few differences remain to b...
The U.S. Environmental Protection Agency has settled with E.I. DuPont de Nemours and Company for the discharge of pollutants in violation of the Clean Water Act at its polymer fiber manuf...
Formosa Petrochemical Corp plans to augment its crude oil processing capacity from 540,000 bpd to 593,000 bpd in three years. Government approval is being sought to further increase capac...
Crude oil prices for July rose to its highest intraday price in 6 weeks to US$78.6 on the Nymex, as markets get more confident of global economic recovery after China indicated an end to ...
Reliance Industries Ltd (RIL) plans to invest US$9 bln in expansion of its polyester and petrochemicals business. RIL is executing a 1.4 mln tpa paraxylene plant at Jamnagar; an integrate...
Sellers offering throughout Southeast Asian markets are complaining of stiff downward pressure from relatively cheaper import prices, resulting in falling prices or expectations of price ...
Only a fraction of oil products requested by the Taiwanese oil industry will benefit from the planned wide-ranging trade pact with China. Hence Formosa Petrochemical Corp. is concerned ab...
Solid demand growth in China, India and emerging Asian economies including the Middle East, is the key factor that will shape world oil markets and prices in 2010, experts said at the Oil...
Both Brazil and Mexico are nascent markets for Bioplastics, currently under pilot scales in a several companies, making inroads into segments such as food packaging and agriculture films....
Indian Oil Corp had earlier announced plans to set up a 15 mln ton integrated refinery-cum-petrochemicals complex at Ceyhan, Turkey at an investment of US$6 bln. IOC has decided to set as...
New scratch and abrasion evaluation capabilities, including new methods and processes, to differentiate, measure, test and prevent surface damage to polycarbonate (PC) glazing for high-pe...
Taiwan's Chao Group and Permodalan Nasional Bhd (PNB) - two major shareholders in Titan Chemicals Corp Bhd are in talks to divest their 37.4% and 30.2% stakes respectively, in the petroch...
Cereplast Inc. expects to produce and ship approximately 16 million lbs of its proprietary bio-plastic resins to customers in 2010- a 400% increase in shipments compared to 2009. Cereplas...
Environmental groups have evaluated that the environmental hazards of Kuokuang Petrochemical Technology Co's new petrochemical complex planned at Yunlin will far outweigh the economic gai...
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