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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
A significant drop in term naphtha offer for shipment to Asia is unlikely from Abu Dhabi National Oil Co (ADNOC), the state-owned oil and gas company. ADNOC settled April 2009-March 2010 ...
Venezuelan company- Petroleos de Venezuela SA (PDVSA) is mulling acquisition of controlling stake in ONGC Mangalore Petrochemicals, the aromatics unit of Oil & Natural Gas Corp. The ventu...
Bankrupt petrochemicals maker LyondellBasell has rejected a bid for takeover by India's Reliance Industries Ltd. The New York Post reported that a creditor group led by US private equity...
Applied Minerals Inc. has completed trials incorporating its Halloysite Clay as a drop-in additive for reinforcement in polymer composites. As a result of these trials, the Company has fi...
A new family of nylon products delivers excellent performance levels and maintains the excellent performance levels much longer than traditional nylons despite exposure to hot oil, hot ai...
Walls of Aviva Stadium, Dublin, for rugby and football are now transparent. The stadium’s transparent, curvilinear walls are constructed from SABIC Innovative Plastics’ tough and virtuall...
CRUDE OIL Oil prices have ended the week of March 1, 2010 on a stable note. Prices have been yo-yoing to hover around the US$80/barrel mark...
In China, mainstream sellers report that they have managed to conclude some deals for March at prices at or close to their initial offer levels for the month, which were announced last we...
Spot ethylene and propylene markets are moving in opposite directions in Asia, with propylene prices being forced upwards due to players’ concerns about the possibility of a worsening sup...
A major Middle Eastern producer has offered March PP raffia offers to Turkey at the end of last week, as per Chemorbis. The producer’s new prices stand between US$1430-1450/ton CPT South ...
The naphtha arbitrage from Europe to Asia, shut in February due to cracker maintenance, has reopened. These shipments to Asia would be the first in over a month since heavy cracker mainte...
Iraq's State Co for Petrochemical Industries has signed an agreement with South Korea's STX Heavy Industries for a US$3.2 bln petrochemical project in the country, as per Reuters. The com...
Kuwait expects to receive approval to develop a US$9 bln refinery and a 1 mln tpa ethylene project in China by the end of the year. After initial approval in 2006, the project has suffere...
Global capacity of ethylene is projected to be approximately 142 mln tons by 2010. Middle East and Asia are all set to emerge as the world's largest ethylene producing regions. Key to inc...
Massive amounts of new capacity hitting the market at a time when demand for basic plastics and chemicals actually contracted on a year-over-year basis likely mean that pricing power will...
Taking into account the requirement for developing low-carbon economy, Chinese petroleum and petrochemical industry will further accelerate readjusting the industrial structure, and put m...
A new and innovative CRAFT one layer skin suit has been introduced with Dyneema®. It is lighter and more comfortable due to intrinsic cooling properties than comparable alternatives, whil...
LyondellBasell Industries has decided to close its 560 mln lbs polypropylene plant in Terni, Italy. LyondellBasell, the world’s number one maker of PP, has been operating in bankruptcy si...
Regional stock markets rose, pushing up oil prices above US$80 a barrel on Monday in Asia. Benchmark crude for April delivery rose to US$80.1 on the Nymex. All the major Asian stock ind...
With effect from 27th February, 2010 Reliance Industries has announced following price changes : PVC, LLDPE, HDPE, LDPE prices rise by Rs. 2.00 No change in Polypropylene prices.
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