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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
Crude oil prices plunged to three month lows on the Nymex, settling at US$71.6. US crude has fallen 18% since peaking to a 19 month high of US$87.1 on May 3, amid a notable weakening of ...
After a strong start to the year, Saudi petrochemicals companies led to a decline in Saudi Arabia’s Tadawul All Share Index. The heavyweight petrochemicals Tadawul All Share Petro Index h...
The price uptrend in the US$2.8 trillion global petrochemicals business continued into early April establishing fresh six-month highs, before giving way to an overall price decline for th...
In Europe, May styrene contract fell by €5/ton (US$6/ton) to €1145/ton (US$1443/ton) amid lower spot styrene prices, which lost US$50/ton since the beginning of May falling to US$1355/ton...
Polystyrene offers in Asia have receded in line with falling crude oil and styrene amid lackluster demand from China. As per Chemorbis, crude oil prices lost ground by over eleven dollars...
After finding two wells that contained levels of a carcinogenic pollutant above the legal limit, the Environmental Protection Administration (EPA) has upheld fines of NT$38-150 mln. EPA ...
Indorama Ventures, the world's second largest PET producer, saw a 20% growth in net profits this year following its acquisitions in Europe. The company is keen to acquire more polyester p...
A ban on manufacturing, importing, exporting and selling "baby bottles made of BPA-based products" has been approved in France by a majority of deputies this week. The government bill nam...
Falling crude oil prices have lead to demand slowdown in China making the Chinese market prone to price decreases this week. As per Chemorbis, buyers’ hesitation led to a reduction in sel...
Polypropylene buyers in Europe face hikes for the sixth consecutive month in June on restricted supplies due to production and feedstock issues, as per ICIS. In the meantime, May is still...
The petrochemicals market is the foundation of many chemicals industries, as it provides the building blocks for most chemical products used in end-user markets such as paints, plastics, ...
Singapore plans to proceed with construction of floating oil / petrochemicals storage at Pulau Sebarok to help boost supply of the much needed oil/ petrochemicals storage in Singapore's o...
Benchmark crude for June delivery dipped to US$75.4 on the Nymex on signs of unenthusiastic crude demand from USA amid growing consumption in developing economies of China and India that ...
After relatively stable prices in April, the spot PVC market in Italy has risen only slightly in May. According to ChemOrbis Price Index, this week’s spot range indicates increases rangin...
Since 2000, China’s mould & die industry has grown at an average rate of 15% pa, with its total output value ranking as world number three. The 2009 economic meltdown exerted a negative i...
Indian Oil Corp (IOC) has reissued a tender to include an additional cargo for this month. On May 10, IOC offered 30,000 tons naphtha for June 10-12 loading from Kandla, but changed the t...
US crude for delivery in June settled at US$75.7 on data showing a rise in oil inventories in USA that overshadowed the market cheer triggered by an austerity plan unveiled by Spain. US E...
DuPont is executing a rapid commercialization strategy in its Applied BioSciences business for a diverse portfolio of high-performance, renewable products that address the needs of large ...
Naphtha cracks, the premiums/losses obtained from refining Brent crude into naphtha, stood at US$128/ton in the middle of last week, falling by almost 14 dollars in a single day, as stron...
Royal Dutch Shell's 800,000 tpa ethylene cracker in Singapore is operating at around 70% capacity with capacity expected to be ramped up to 80% very shortly. Currently, the plant has a mi...
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