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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
Negotiations are on between indebted British chemicals group Ineos and several parties to ink a deal to introduce a new investor or sell assets. Talks with are at a preliminary stage. The...
Import offers for GPPS and HIPS tracked a declining trend in Asia this week, mainly from traders who elected to reduce prices in a bid to work off some of their excess inventories as Marc...
Larsen & Toubro has been awarded an order worth Rs 20.35 bln (US$446 mln) to set up an aromatics complex for ONGC Mangalore Petrochemicals Ltd. at the Mangalore SEZ. The aromatics plant i...
Oil prices have extended the previous session's decline, falling below US$81 a barrel on release of data showing a drop in US consumer confidence that has renewed concerns about energy de...
Honam Petrochemicals’ 400,000 tons MEG plant at Yeosu is likely to be taken off-stream in H1-May. The maintenance turnaround will happen in the first of the month of May and the plant wil...
Improving sentiments, after demand uncertainties in Japan resulting from Mitsui Chemicals' cracker outage has propped up naphtha prices for the fourth consecutive session, while its crack...
Amcor Rigid Plastics is the new corporate name of Amcor PET Packaging business based in Ann Arbor, Michigan. The newly renamed business group is among seven operating units that were orga...
Researchers have recently demonstrated a new type of polymer, that can easily remember up to four different shapes, and which can revert to each of them depending on the temperature it is...
ONGC Petro-additions Ltd (OPaL) is mulling an IPO just before completion of the Rs.12,440 crore petrochemical project targeted for December 2012. This is India's largest dual feed cracker...
Lyondell Chemical Company, a wholly-owned subsidiary of LyondellBasell Industries AF S.C.A. (formerly Basell), plans to raise US$3,250 mln worth of first priority debt, including an offer...
Taekwang’s 250,000 tpa propylene plant at Ulsan, South Korea, shut since February 19, has been restarted. H output from this plant serves as feedstock to produce ACN at Taekwang’s Ulsan p...
Propylene prices in Asia seem headed for "a crash" a result of an increase in spot supplies by around 20,000 ton/month as per ICIS. Huge surpluses are expected to flood the markets with t...
Trading activity in Asia has dipped considerably this week as buyers anticipate a drop in regional PE in line with falling prices in China’s domestic market. As per Chemorbis, high stock ...
Based on Russia's plentiful feedstock resources, petrochemical major Sibur is studying the construction of large-scale petrochemical and polymer production as per ICIS. Since domestic dem...
Spain's Repsol is to shut down its petrochemical units producing styrene, propylene oxide and glycols at the refinery indefinitely. It has also halted the hydrocracker at its Puertollano ...
Japan's Mitsui Chemicals Inc expects to restart its 553,000 tpa naphtha cracker in Chiba around late March after repairs. The cracker was originally shut on Feb. 28 due to a problem and h...
In a move that will help the company make value-added products from surplus naphtha, Indian Oil Corp has started a naphtha cracker at the Panipat refinery. Feed cutting that commenced wil...
Recycling of non-bottle rigid plastics in USA increased by 11% to over 361 mln lbs, in 2008 from 2007, as per American Chemistry Council (ACC). Non-bottle rigid plastics includes high den...
New York's main contract, light sweet crude for April delivery, settled at $US82.2, while London's Brent North Sea crude for April rose to $US80.4. After spiking as high as US$83 a barrel...
The Reserve Bank of India (RBI) has placed an order with Australia for the supply of one billion pieces of Rs 10 polymer notes to India this year. Polymer notes are non-cellulosic in na...
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