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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
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...
June Brent crude stood at US$83.59 while US light, sweet crude settled at US$82.43. Crude posted its biggest gains on Friday after it was reported that US new home sales unexpectedly jum...
Italy’s PVC market has been following a stable to slightly firmer trend in March and April. As per Chemorbis, sellers ha to cover tempted to cover higher ethylene costs with modest price ...
After opening the month of April with a large premium over prices in Europe and Asia, US ethylene prices are losing their premium over these regions as May approaches, as per Chemorbis. E...
A new class of silver-based catalysts for the production of propylene oxide that is both environmentally friendly and less expensive has been developed by scientists at the US Department ...
Russian petrochemicals manufacturer Nizhnekamskneftekhim (NKNH)has favoured synthetic rubber expansion plan over ethylene production, to respond to international demand. The Russian major...
USA’s third largest oil company ConocoPhillips has pulled out of a new plant with Saudi Aramco in the Middle East. The chief reason behind the withdrawal is its strategy to reduce its ref...
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