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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
Naphtha prices in Asia fell to their lowest in over seven months. Naphtha cracks plunged to 6 week lows, weighed down by high supplies. South Korea's Honam bought two 25,000 ton full-r...
Light, sweet crude futures for delivery in July traded at US$68.60 on the Nymex in Asia while July Brent crude on London's ICE Futures exchange dipped to US$69.6. Further strengthening o...
New 1000 mm-width Lexan* Thermoclick* polycarbonate (PC) 50 mm sheet system facilitates installation ease, provides customers with superior high-performance, energy efficiency and excelle...
Propylene prices have fallen in Asia, plunging by US$122/mt in the week, as per Platts. Prices have fallen to US$1140/mt FOB Korea for 1,500 mt cargoes to be loaded in the next 20-40 days...
Ethylene and propylene spot prices in Asia have dropped to a level not seen since January 2010. Spot prices are expected to slide further amid lacklustre sentiments in key derivatives mar...
For the sixth month in a row, Italy’s PP market has posted price increases. As per Chemorbis, though the May propylene contract showed a small increase of €20/ton, much larger price hikes...
Weighed down by persistent anxiety over Europe’s debt crisis and doubts over the recovery of the US economy, styrene monomer FOB Korea prices were assessed at US$1069/MT falling by 13.2% ...
Crude oil prices have risen, straining to keep above the US$70 mark. Despite high oil inventories and persistent concerns over Europe's debt problems that could curb growth, crude rose 40...
Rising costs have prompted Dow Chemical and Saudi Aramco to relocate their planned joint venture (JV) petrochemical project from Ras Tanura to Al-Jubail. Existing infrastructure at Al Jub...
US propylene contract prices are likely to settle lower in June as per ICIS, though the amount of the decrease remains unclear. Majority of downstream market sentiment is looking for a US...
LyondellBasell has declared force majeure on polypropylene (PP) from its Polish JV. The joint venture Basell Orlen Polyolefins (BOP) has capacity to produce 400,000 tpa of PP and is locat...
Gas Authority of India Limited (GAIL) has reported a 45% rise in its net profit to Rs 911 crore for Q4 ended March 2010. GAIL plans to invest nearly Rs 35,000 crore in the next 3-4 years ...
Oil prices have retreated by US$18.01 per barrel since the beginning of May falling below US$70 to US$68.01 as of May 21, as per Chemorbis. Sharp decreases in oil prices have finally take...
Ineos was unconfirmed to have declared an ethylene force majeure and put its ethylene buyers on 80% allocation due to delays in restarting its Chocolate Bayou, cracker, as per Platts. Cau...
SK Energy is building the world’s first naphtha-cracker using advanced catalytic olefin (ACO) technology. The factory is expected to start operating in October. The conventional pyrolysin...
BP Refining and Petrochemicals (BPRP) has declared force majeure on propylene (C3) supplies from its PCK Schwedt, Germany, and Nerefco Rotterdam, Netherlands refineries as per ICIS. A gas...
BP Plc plans to shut a 1.05 mln tpa ethylene plant for maintenance at its Gelsenkirchen chemicals site, as per Bloomberg. Unconfirmed reports state that one of two cracking units will be ...
Amid falling crude oil prices, Asian petrochemical prices have plunged partly due to destocking activities. The declines are likely to continue due to high inventory levels amid lacklustr...
Through co-development efforts with SABIC Innovative Plastics, Japan’s Nissei Eco Company Ltd. has created a unique solution to significantly reduce the environmental impact of wire harne...
By the middle of the previous week, sellers began to reveal their sell ideas for PE products to Southeast Asia. As per Chemorbis, decreases were reported across the board for June busines...
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