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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
The Islamic Development Bank (IDB) has approved a US$120 mln contribution for financing a mega Jubail refinery and petrochemicals project, Kingdom of Saudi Arabia to be built at a total c...
Physicists at New York University have created "handshaking" particles that link together based on their shape rather than randomly. Their work, reported in the latest issue of the journa...
Lifted mainly by tight supply resulting from a series of cracker outages in 2010, US olefins prices were on a sharp uptrend, as per ICIS. After demand collapsed during the worst economic ...
Crude futures rose as they found support from a weaker US dollar, equity market gains, and upbeat economic data from Japan and South Korea. Gasoil and fuel oil swaps fell in Asia as napht...
PS offers from Central Europe are considered most competitive alternatives in the spot market through March, as sellers preferred to apply a smaller hike of €20/ton for regional offers in...
In China, domestic benchmark PET prices for April were announced with decreases while market players highlight that overall offer levels are in line with the theoretical costs based on th...
Volume of trade in Western Europe (intra-regional plus imports) for all grades of polyolefins and polyvinyl chloride (PVC) fell by between 3% and 18% in 2009 as per ICIS. Interestingly, ...
Crude prices for May delivery fell by over 50 cents to end the previous week at US$80 a barrel, amid volatile trading, as investors scout for clear signals that the global economic recove...
JG Summit Holdings Inc. which will triple its cash from selling shares in its airline unit and reserve a record budget for expansion plans as a rebound in the economy is expected to incre...
Asia will add record naphtha cracking capacities in 2010 at a time when new Middle East plants are boosting output. 6 mln tons of capacity is expected to come onstream in this year, out o...
Thanks to innovative technologies, Armacell is now able to manufacture foam cores used in transport, wind turbine construction or shipbuilding, from the recyclate of PET bottles. So in ...
Kazakhstan will commence the integrated petrochemical complex project in the Atyrau region on its own. Inability to find partners for the development and indecision n part of LyondellBase...
Asian PE producers have been forced to agree to steep discounts from March done deal levels to achieve sales for April. As per Chemorbis, sell offers to the Chinese market failed to not a...
The US and China are currently unable to reach a compromise on the dispute over the Yuan's strength against the US dollar. The US President could succumb to domestic political pressure an...
The demand for plastics obtained from renewable assets is growing indeed, and the introduction of a material range featuring bioplastics is thus mandatory for a reference compounder Itali...
In testimony to the poor demand for PVC due to weak economic conditions (PVC is highly correlated to GDP growth), US PVC prices have failed to find get boosted by higher input costs in th...
In Indonesia, domestic PE prices have moved south for the third consecutive week, bringing local offers down to levels last seen at the beginning of 2010, as per Chemorbis. Domestic produ...
In Italy, some sellers particularly from Central Europe opened the month of March on a firm note asking for increases of up to €50/ton, in a bid to improve margins, as per Chemorbis. Howe...
Taiwan's Formosa Plastics Group is not in talks with China Petroleum Corp (Sinopec Group) on any joint investments in China. Earlier in the week, Formosa was reported to be planning to ...
Saudi Aramco and Total SA expect to raise US$8 bln in debt financing for a joint refinery and petrochemical project for Satorp in the “coming months”. The US$8 bln debt package includes t...
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