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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 Oil prices spiked to an 18 month intraday high of US$87 at the beginning of the week, rising after reports showed growth in US jobs...
Super-thin sheet of carbon atoms, taken from the three-dimensional material graphite, can transfer heat more than twice as efficiently as copper thin films and more than 50 times better t...
Polyethylene (PE) and polypropylene (PP) demand growth in China is expected to drop dramatically this year through at least 2012 as a result of a slight easing in the country’s huge econo...
As the leading global supplier of polyurethane (PU) system solutions worldwide, BASF plans to further expand its strong global service and production network, with the establishment of a ...
In Italy, a trader who initially asked for €20/ton increases for Central European PVC offers has down revised April offers to rollovers or €10/ton increases from March in line with most s...
Spot PP markets in Asia are facing some upward pressure following the rally in spot propylene and crude oil costs seen last week. As per Chemorbis, though crude oil prices have slipped si...
A deal has been inked between the Export Development Bank of Iran (EDBI) and the National Petrochemical Company (NPC). NPC is to receive €300 mln worth of investment to be raised through ...
As the level of processing expertise rises around the globe with increased demands on plastics processors, processors in fast-developing regions opt to buy top-end machinery. This seems t...
Chile's polymer production has been largely impacted by the earthquake that hit the country in February, propping up prices to record highs at a time of tight global supplies, leaving the...
Battenfeld Extrusionstechnik (BEX, Germany), Cincinnati Extrusion (Austria), and B+C Extrusion Systems (China) Ltd. have combined under the new brand, Battenfeld-Cincinnati, effective Apr...
A Thai producer reported that they have concluded most April business in the local market this week, with their done deal prices standing at US$1086-1117/ton FD Thailand, 60 days deferred...
Improved demand and higher energy prices in Asia have pushed PS prices to record increases last week, as per Chemorbis. Oil prices gained US$6.12/bbl on April 1 vs March 1, while they rea...
European naphtha arbitrage exports to Asia will rise in April after slowing in March. The increase in export volumes can be attributed to reduced demand in Europe as a result of maintenan...
Indian energy giant Reliance Industries is to pay US$1.7 bln to form a joint venture in the U.S. with Atlas Energy operations in the booming Marcellus Shale. US$340 mln will be paid in ca...
The deadliest accident involving production at a US refinery since the BP Texas City explosion in 2005 that killed 15 workers and injured 18s killed 5 and critically injured two at the Te...
In a bid to alleviate its debts, chemicals giant Ineos is considering sale of a stake in the Grangemouth petrochemical facility. Ineos had purchased the Grangemouth plant from BP in 2005....
Mehr Iran plans to privatise all its refineries and petrochemical units, seeking to speed up the sale of state assets in a bid to encourage private investment and boost the economy. Curre...
Crude oil on the Nymex has slipped for the third consecutive day to US$84.9, while in London, crude dropped to US$84.83 after suffering losses for two days. The downturn has wiped off all...
Saudi Aramco-Sumitomo JV; Saudi-based Rabigh Refining and Petrochemical Co (PetroRabigh) is looking for contractor firms to initiate work on its second phase. Long-term growth in petroche...
Purnendu Chatterjee is open to an out-of-court deal with the West Bengal government to end the ownership dispute over Haldia Petrochemicals Ltd (HPL). Currently the two main promoters of ...
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