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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 new nanotech catalyst offers industry an opportunity to reduce the use of expensive and toxic heavy metals. Catalysts are substances used to facilitate and drive chemical reactions. Alt...
The excise and customs department has moved the Supreme Court against Reliance Industries Ltd (RIL) for alleged customs duty evasion to the tune of Rs 9.64 crore in 2004-05. A bench tagge...
Salalah Methanol is preparing to launch commercial operations in April this year, a move that is set to double Oman's methanol output and reinforce the country's credentials as an emergin...
US ethylene prices continued to rise during February. March Nymex cleared ethylene settling and expiring at US$0.54/lb. The contract, which began trading in July 2009, settled for Februar...
Taiwan's Formosa Petrochemical Corp has bought at least 200,000 tons of naphtha for H1-April arrival by tender from four sellers, with premiums starting from US$3/ton to Japan spot quotes...
Polyolefin traders in China have started making enquiries after the Lunar New Year holidays. Though end-users are not yet buying, there has been a recovery in exports and order booking is...
Crude oil nipped a five-day uptrend as reports of disappointing US consumer confidence data deflated economic optimism, leading investors to move out of riskier assets. In fresh reports, ...
Polyethylene terephthalate (PET) resin is sold as virgin material for soft drink bottles and other consumer products. After their use, most PET bottles are discarded as waste. PET scrap i...
A major Taiwanese producer has offered LLDPE c4 and HDPE film prices at the same levels compared to the pre-holiday period - US$1500/ton and US$1430/ton respectively, CFR China main port,...
Europe’s propylene market that has been plagued with ongoing plant outages will see added supply constraints due to the upcoming turnaround season at steam crackers, new production proble...
Naphtha prices in Asia rose to almost month highs, while cracks rose to a two-week high, held up by Northeast Asian demand and concerns over supply disruptions in France. Formosa, Asi...
Braskem SA plans to invest US$2.5 bln in the Mexican petrochemical industry. The Brazilian major plans to collaborate with Mexican petrochemical firm Idesa for an ethylene project at an i...
An already tight supply and demand balance in Europe ahs been aggravated by the refinery strikes at Frances’ Total that have impacted around 36% of France’s total propylene capacity, acco...
Kureha Corp. expects its US$100 mln PGA plant under construction at Belle to be finished in July, with production expected to start in October. Kureha PGA, a subsidiary of Tokyo-based Kur...
Demand for refined oil is forecast to remain high in Asia, particularly in China and India where demand is expected to grow by 5-5.3% this year. Demand for plastics and textile products w...
Petrochemicals had passed a nadir in mid-2009, but BMI’s latest report forecasts that it will take some years for output to recover to pre-recession levels and during that time some plant...
Fluor Corporation is currently conducting a feasibility study for a joint venture led by PetroChina Company Limited. The proposed 440,000 bpd refinery and 1.2 mln tpa petrochemicals compl...
France’s Total Petrochemicals hopes to acquire a polystyrene facility in Feluy, Belgium, after current owner Polimeri announced plans to close the plant, as per European Plastics News. To...
Despite the difficult business climate, the Philippines’ oil refiner Petron continues its downstream expansion, according to a report by BMI. Petron is optimistic about the industry’s pro...
AMI is pleased to announce the program for the 9th AMI international conference on construction Profiles 2010, to be held June 2-3, 2010 Philadelphia. The conference brings fresh reports ...
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