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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
Monday morning saw crude oil prices in Asia rise past US$80 for the first time in more than a month, benefiting from positive economic data and from a tightening global market balance. T...
Strong performance of its oil refining and petrochemical businesses has propped up PTT Plc’s 2009 net profit by 15%. PTT earned 59.5 bln baht as compared to last year’s 51.7 bln bahT. How...
Reliance Industries has raised its bid for LyondellBasell to around US$15 bln from an earlier offer of US$13.5 bln, on February 19, the deadline for RIL to submit its revised proposal. In...
India has initiated an investigation on PP imports originating from South Korea, Taiwan and the US. According to a letter obtained by ChemOrbis that was sent to South Korea’s Embassy, Ind...
The month of March will kick off an unusually heavy season of cracker maintenance in Asia, expected to keep ethylene and propylene supplies tight in the region, as per Chemorbis. Simultan...
The Turkish petrochemicals industry has managed to sustain high operating rates despite the recession, due in large part to the restructuring of and investment in the country’s largest pr...
Ampacet has introduced a high-efficiency antioxidant masterbatch that protects reprocessed or recycled polyolefins from degradation during processing, allowing blown and cast film process...
Growth in Kuwait’s petrochemicals output will depend on Chinese consumption, but the country will lose its ability to take full advantage of its plentiful feedstock supplies while nationa...
The Israeli petrochemicals industry has survived recession well and is set for a period of stability and growth, bolstered by a process of consolidation that brings together refining with...
US demand for independently compounded resins is forecast to grow 2.9% pa to 7.6 billion lbs in 2013 as per Reportlinker. Total value, including additives, fillers and other production co...
Since the beginning of the month, crude oil prices have been fluctuating in the range of US$71-77/barrel. A look at the daily price fluctuations mostly shows that developments in the glob...
Food packaging and other disposable plastic items could soon be composted at home along with organic waste thanks to a new sugar-based polymer, being developed at Imperial College London ...
A "metal foam" that has a similar elasticity to bone could mean a new generation of biomedical implants that would avoid bone rejection that often results from more rigid implant material...
A court ruling has halted 64 projects at Map Ta Phut industrial estate in Thailand over environmental concerns. Map Ta Phut is the world's eighth-biggest petrochemicals hub, and this ruli...
An unprecedented number of maintenance shutdowns of naphtha crackers in Japan in 2010 will result in deep cuts in demand in Northeast Asia at a time of rising supply, squeezing margins. L...
Naphtha prices in Asia rose in line with rising crude oil prices, mounting to two week highs. Lackluster demand however, has depressed naphtha cracks to three-month lows. Demand will co...
Crude oil for March delivery rose by over two dollars past US$77 a barrel as the dollar weakened against the euro, pound and yen. The euro improved on restored confidence as Europe urged ...
A converter in Turkey reported receiving a higher offer from a Middle East major for March shipment cargoes for PP fibre grade, at US$1460/ton CPT Turkey, subject to 3% duty, cash, up US$...
After having been sold out for February last week, an official distributor in Italy of a West European producer has reported extra February allocations from its supplier, as per Chemorbis...
PP buyers in Turkey, Italy and Egypt have slowed down buying, expressing their reluctance to purchase high tonnages these days, preferring to meet their urgent needs on hand to mouth basi...
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