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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
Israel’s Oil Refineries Ltd expects no change in sales of petrochemicals and oil products to Turkey. Figures are expected to be unchanged at about 7-9% of the company’s total revenue in 2...
The specialty chemicals industry was valued at US$393 billion in 2009. By market value, the North American market accounted for 27% of global specialty chemicals consumption, followed by ...
State-run Indian Oil Corp (IOC) has started shipments of polymers from its naphtha cracker at the Panipat refinery, marking IOC's entry in the polymer business. Production capacity includ...
Austrian injection moulding machine manufacturer Engel, is set to double the potential output of its facility in China by next year, as per Plasticstoday. Boosted by demand from the autom...
Rhodia has unveiled its latest innovations including the announcement of the development of a new polyamide high-performance composite material. A direct result of Rhodia’s ongoing innova...
For over a month, PP and PE markets have been falling in Asia amid persistently sluggish demand and plunging feedstock costs. As per Chemorbis, rising concerns regarding the health of the...
Borealis’ Stenungsund expansion will enable broad supply of Borealis solutions for wire and cable sector. Borealis has completed an over €400 mln investment at its plant in Stenungsund, S...
Repsol has restarted its 450,000 tpa propylene oxide-styrene monomer (PO-SM) facility at Tarragona, Spain as per Platts. The unit had a 50 day planned shutdown and is expected to commence...
PetroRabigh has discovered methyl tertiary butyl ether (MTBE) in Rabigh naphtha, a grade used specifically for cracking in petrochemical plants. About 200,000 tons of Rabigh-grade naphtha...
Since 2000, China's mould & die industry has grown at an average of 15% pa, with its total output value ranking in the world's third place as per researchandmarkets.com. The 2009 economic...
Reliance Industries Ltd. may start work on a multibillion-dollar chemical plant this year, reviving a project to meet India’s surging demand for the raw materials for plastics, drugs and ...
The recycling rate for polyethylene bags and wraps doubled from 2005 to 2008 to 832 bln lbs, growing 28% since 2005, as per the United States Environmental Protection Agency (EPA). This s...
Dipping below US$72, crude oil prices seem set to fall for a consecutive session after release of negative economic data that showed that manufacturing growth fell across the globe in May...
Solvay Solexix will begin to market its newly-developed Solvene polymer for applications in printed electronics with its partner Thin Film Electronics ASA. Thinfilm and Solvay started col...
EQUATE Petrochemical Company and The Kuwait Olefins Company (TKOC) have announced that their combined profits for the first quarter of 2010 reached US$222 million. Commenting on this matt...
Steep declines in the upstream chain in May have seen spot ethylene and propylene prices in Asia close the month of May with monthly losses of US$310/ton and US$250/ton respectively, as p...
United Petrochemical Co is to build two petrochemical plants at the cost of US$700 mln in Kuwait. The new entity has been formed by Kuwait's Qurain Petrochemical Industries Co and United ...
US steam cracker operators saw margins shrink this week as spot ethylene prices moved lower and ethane prices inched higher, as per Platts. Spot ethylene fell three cents/lb on the week...
The Institute for Supply Management's manufacturing index fell to 59.7% in May from 60.4% in April, while the consensus forecast called for a decrease to 59%. This stronger than anticipat...
In 2010, global cumulative installed photovoltaic (PV) capacity is expected to grow by at least 40%, with compounded annual growth estimated at 20%. As demand for solar power rises, SABIC...
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