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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 Crude oil prices in Asia rose past US$80 for the first time in more than a month, in the week of February 22, 2010. Oil prices have...
Post-holiday, two domestic producers in China have elected to raise their PP prices for raffia, injection and block copolymer injection grades, pointing to the bullish crude oil prices al...
The direction of spot PP and PE prices in Asia remains unclear in the first days of post-holiday trading as sellers differ on their confidence over medium term demand outlook, as per Chem...
With effect from February 3, 2010, China`s Commerce Department has imposed punishing tariffs of 2.3-20% on the imported PTA from South Korea and Thailand. China’s ruling to have South K...
Supported by demand from South Korea and an impending strike in France Asian naphtha prices have risen to a month high as naphtha cracks rose to more than a week high. Honam Petrochemic...
The price of oil has risen past US$80, to a six-week high as a rescue plan for debt-laden Greece when revealed, lifted the euro and helped push the US dollar lower, and by figures showing...
A new additive manufacturing process for mixing tough metals with ceramic materials and depositing, layer by layer, the mixed materials in the form of pastes could lead to stronger, heat-...
A clarifying agent for polypropylene (PP) from Milliken Chemical makes injection molded jars clearer than standard PP. Like other clarifying agents, Millad NX8000 is normally compounded i...
China could significantly reduce volume of US polypropylene (PP) imports as US made PP has become too expensive due to high feedstock costs, as per ICIS. China imported around 493,381 ton...
In 2010, PetroChina, a subsidiary of China National Petroleum Corp plans to increase output of the Dushanzi refinery in Xinjiang Uygur Autonomous Region that commenced operations in Septe...
Turkish markets have seen more European origins offered into the market in February, as compared to January, including Central European offers which have been scarce for several months, a...
PP demand has been quite low in Italy despite price hikes of €70-100/ton as per Chemorbis. Deals have been concluded for limited volumes as buyers continue to buy at hand to mouth levels....
Spot styrene prices in Europe recorded significant increases at the beginning of February as compared to early January level, as per Chemorbis. They mostly followed a volatile trend in Fe...
Japan's naphtha imports for the petrochemical sector fell by 2.8% in January vs levels of December. Naphtha imports for ethylene production totalled 2,126,318 kilolitres, or 1,463,834 ton...
Petrochemical Industries Co. (PIC) plans to build a third olefins plant at an outlay of US$5 bln. The facility is being planned with an estimated production capacity of over 1 mln tpa of ...
Pakistan and the European Commission (EC) will hold consultations on anti-dumping investigations on imports of Polyethylene Terephthalate (PET) from Pakistan on February 23-24, 2010 in Br...
Naphtha prices in Asia fell along with naphtha cracks that dipped for the fifth consecutive session to their lowest in about one-and-a-half week. Weaker demand from Northeast Asia and an...
Polyolefin inventories in China are high with an increasing risk that tighter lending conditions will impact consumption after the Chinese Lunar New Year holiday, as per ICIS. Substantial...
Germany’s plastics packaging industry saw sales decline by around 10% in 2009 to €12.5 bln, according to a report by industry association Industrievereinigung Kunststoffverpackungen (IK),...
A subsidiary of South Korean Lotte Group – K P Chemical, has completed acquisition of UK based PTA and PET plant. Lotte Chemical UK Ltd., the unit of KP Chemical, inked an agreement to bu...
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