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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 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.
The Union Budget 2010-11 brought some cheers to the Indian markets that, over the past few days, were shrouded with concerns regarding the government's stimulus withdrawal. The Finance ...
A Southeast Asian producer’s initial March offers for PP and PE were raised this week. As per Chemorbis, producers raised PP offers by ten dollars for homo-PP and by US$20-30/ton for copo...
A major Middle Eastern producer has hiked March PP offers to Egypt by US$20-30/ton, so new PP raffia and injection offers stand at US$1340-1350/ton and PP film and fibre offers are at US$...
In Asia, caution has reigned in the spot PE market in the first trading week post-Chinese New Year holidays, as players are reluctant to stake out firm positions as the true status of dem...
In a bid to enhance the operating performance and reliability of the existing 15 year-old furnaces, improve run lengths and improve overall performance and reliability, KBR Technology has...
Tight supply and high monomer prices have pushed up March offers for polymer to the Gulf Cooperation Council (GCC) by US$30-60/ton (upto 4%) as per ICIS. This follows a US$130-250/ton hik...
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