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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
Supreme Petrochem has recorded a substantial drop in standalone net profit for the quarter ended March 2010. During the quarter, profits declined 42.18% to Rs 197.69 million from Rs 341....
Faced with strong competition from low-cost production in the Middle East, BASF is exploiting all options which extend the value chain as per ICIS. The company plans to cater to 70% of it...
Polyolefins supplier Borouge has opened a 50,000 tpa compounding facility in Fengxian, aimed at supplying to China’s fast-growing automotive and household appliances markets. As per Plast...
A significant milestone in the development of ExxonMobil's largest integrated chemical and refining complex was reached with the arrival of seven world-scale furnace modules at the Singap...
The value of the European plastics injection moulding industry slumped to €42.6 bln in 2009, losing 23% of its value from €55 bln in 2008, according to a report from AMI. Until 2008, the ...
To solve the challenges in creating complex, multi-part connectors, SABIC Innovative Plastics has developed specialized grades of Ultem resin to drive forward the development of highly co...
Research in underway on smart plastic wrappers that will indicate when fruit and vegetables are ripe and fresh enough to buy. Scientists are developing high-tech packaging capable of test...
Eastman Q1-10 financial results showed that its Performance Polymers unit including PET posted an operating loss of US$13 mln despite a growth in sales figure by 18%. Based on sales, the ...
Inspection of the site shortlisted by the state government for the proposed mega integrated petrochemical complex near Paradip is on the cards. A high-level team from the Centre will visi...
As forecast, PTT Aromatics and Refining has reported a 35% rise Q1-10 earnings. The increase in earnings of Thailand's largest integrated aromatics refinery was propelled by higher petroc...
Indian oil refiner Mangalore Refinery & Petrochemicals Ltd. is seeking to sell 35,000 tons of naphtha for loading in June from New Mangalore.
Oil on the Nymex for June delivery rose to US$85.4, while Brent crude for June settlement rose to US$87.6, trading near an 18-month high in London, as economic reports pointed to faster g...
As the oil industry drills deeper and moves into harsher operating environments, performance demands on materials are increasing. AMI and the Materials Engineering Research Laboratory (ME...
Regional producers in Southeast Asia have announced higher offers for the week to both local and regional markets, as per Chemorbis. Despite unchanged demand, prices have been propped by ...
Overall PET availability in Europe continues to be very tight, pushing spot prices higher to levels of €1200-1250/ton on FD NWE basis for May, despite absence of materials physically avai...
Bankrupt petrochemicals major LyondellBasell has received approval for its proposed restructuring plan to exit bankruptcy from the court for southern district. The court has approved its ...
The accelerating plunge in US spot propylene prices in April has impacted downstream markets as derivative makers are under pressure for reduced prices from buyers due to the time lag in ...
Among other strategic options for its PET business, Eastman Chemical Company is considering possible divesture of the unit. Bank of America Merrill Lynch has been hired as its financial a...
Dammam 7 Petrochemical Co. has inked a deal with Shanghai Huayi for acrylic acid plant as part of a huge petrochemical complex in Jubail. Capacities at the complex include syngas, butanol...
Vietnam’s Van Phong Economic Zone Authority needs approximately VND15 trillion (US$769 mln) uptil 2015 as investment outlay for Petrolimex’s petrochemical and oil refinery complex. The US...
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