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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 Crude oil prices lost over eleven dollar in the week of May 10, 2010, settling at US$75.1 last Friday before showing a slight reb...
A world-class petrochemical hub in the East Coast Economic Region (ECER) that currently houses two operational integrated petrochemical complexes, is set to attract investors from the Mid...
Protests have demanded the government to halt the construction of a petrochemical complex by Kuo Kuang Petrochemical Technology Corp in Changhua County. Residents and environmentalists st...
Crude oil prices lost over eleven dollar in the previous week to settle at US$75.11/barrel last Friday before showing a slight rebound at the start of this week. As per Chemorbis, the dro...
BOPP film industry will se continuing strong demand growth as it recovers from the effects of the economic downturn, as per AMI Consulting. Although demand growth slowed down noticeably i...
Commercial production has commenced at Saudi Basic Industries Corp (SABIC) and Sinopec Corp's 50:50 joint venture petrochemical complex in Tianjin, China. Built at an estimated investment...
Iran is restarting the privatisation process of National Petrochemical Company (NPC). NPC’s production assets are planned to be placed into a single entity, to be sold in part or as a who...
In a move that will enhance operating efficiencies and economies, allow productive use of resources and increase financial strength, and present better financing and credit facilities, Ph...
The serious over-capacity that has faced the bi-oriented nylon film (BOPA) industry in recent years appears to be nearly over, concludes a recent study from PCI Films Consulting. Since ...
Polypropylene (PP) buyers in Europe have been faced with additional price increases in May as production issues continue to affect availability, as per ICIS. The buyers have to cope with ...
Globally, market players are watching feedstock movements in the US. Recent developments in monomer costs have lead to expectations that American materials can return to a competitive pos...
The impact of the recession on Europe’s injection moulding sector has been documented by AMI Consulting. AMI calculated that the value of the European plastics injection moulding industry...
Benchmark crude on the Nymex for June delivery that fell by two dollars over the weekend, rose by US$2.40 to US$77.5, while in London, Brent crude rose by over two dollars to US$80.43 on ...
The Kolkata Chapter of Indian Plastics Institute (IPI) had its Silver Jubilee celebrations on April 30, 2010 at the Bengal Club, which was well attended by all the members and guests, inc...
The Koream ambassador met Friday with leadership of Azerkimya (within SOCAR). He has expressed an interest by Korean companies in different economic spheres of Azerbaijan, particularly in...
Abu Dhabi National Oil Co. (ADNOC) has offered to sell naphtha to Asian buyers for July 2010 to June 2011. Splitter-grade naphtha was offered at a premium of US$22.50/ton to the company’s...
Lower feedstock costs have put pressure on PET prices n Asia, particularly in China, where lower domestic prices have been observed, as per Chemorbis. Retreating crude oil prices have mod...
As per current status, Asia is expected to receive 200,000 tons of Western naphtha. This is less by 100,000 tons from May levels, and seems insufficient to meet healthy demand at a time w...
Scientists have created an artificial material that mimics the tough, stretchy properties of muscle – a potential application as a "scaffold" to aid muscle regeneration. A US-Canadian tea...
A series of unplanned cracker and derivative issues in Europe are driving ethylene (C2) and propylene (C3) markets in opposite directions, as per ICIS. Currently, cracker reductions are r...
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