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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
Bayer MaterialScience has opened a new pilot facility for manufacture of carbon nanotubes (CNTs) at CHEMPARK Leverkusen. With a 200 tpa capacity, this facility is the largest of CNT plant...
Shrouded by tighter environmental regulations, Sinopec is shifting its 12,000 bpd Beihai refinery from the Guangxi province near Vietnam, to Tieshan Port. Tieshan Port is about 40 kms fro...
US Environmental Protection Agency (EPA) has updated renewable fuel standards (RFS2), - leading to a major increase in the use of biofuels in the nation’s fuel supply. The update mandates...
Leading Middle Eastern naphtha supplier Kuwait Petroleum Corp (KPC) had proposed a premium of US$26 above Middle East quotes on FOB basis for its April 2010-March 2011 cargoes. The best b...
Southeast Asian countries of Indonesia, Malaysia, Thailand and Vietnam had been major contributors to Turkey’s PVC market in 2008 with a total of 142,739 tons. Their contribution in 2009...
Qatofin plans to offer additional volumes of LLDPE for March. Qatofin plans to announce offers for March shipment to Asian markets towards the end of February as per Chemorbis. Qatofin’s ...
Indian Oil Corporation (IOC) plans to commence work for its proposed petrochemical complex along with its refinery project in Paradip in the second phase of construction, along with a pip...
Sinopec and TPG Capital, L.P. are reported to be planning a joint bid to acquire LyondellBasell Industries. Other details are not known.
India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold March naphtha cargo for a lower premium amid expectations of lower demand because of cracker maintenance next month. A pa...
Naphtha prices in Asia have rebounded from very low levels seen earlier in the week to a two-week high. Open spec naphtha for H2-March spiked by US$37 to US$712/MT CFR Japan. Naphtha crac...
Honam Petrochemical plans to augment naphtha cracker capacity by 250,000 tpa by October 2012 at an investment outlay of 520 bln won (US$453.1 mln). With this, the company will have a tota...
Kabra Extrusiontechnik has announced plans to expand capacity at Daman at an outlay of Rs 85 crores. The expansion involves investment in machinery and other utilities but it does not inc...
Total ethylene consumption will return to 115 mln tons by the end of 2010, resulting in zero demand growth for the 2008-2010 period as per a report by MarketPublishers.com. In 2010, chem...
A fire forced BASF to shut down its smaller steam cracker in Ludwigshafen just before Christmas 2009. BASF has announced the restart of the affected cracker. The restart is expected to ea...
In the quilted top layer of almost all its mattresses, US based Denver Mattress uses 1-3 inches of soy-based foam, called BioFlex™ Hybrid Foam, that is made from Cargill's BiOH® soy-based...
With Siam Cement, Thailand’s PTT Plc is one of the two hardest-hit businesses in the Map Ta Phut suspension case. The two majors each own 18 of the 64 suspended projects that are now faci...
Benchmark crude for March delivery dipped to US$77.06 at midday Bangkok time in electronic trading on the New York Mercantile Exchange., after spiking by two dollars on the previous day. ...
PET prices in Europe have increased in January 2010 in line with rising input costs. As per Plastics Information Europe, feedstock MEG prices increased by €125/ton to levels of €785/ton a...
CRUDE OIL In the week of February 1, 2010- light, sweet crude futures for March dipped to US$72.7, while Brent crude on ICE Futures exchang...
Several producers and distributors in China continue to reduce offers for GPPS and HIPS this week yielding to lower styrene feedstock costs as well as persistently sluggish end demand, as...
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