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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
Indonesia’s Sulfindo Adiusaha plans to suspend its PVC export offers for the coming month due to an ongoing maintenance at its 80,000 tpa PVC plant in Indonesia. The plant, scheduled to r...
As February propylene contract price in the European market settled last week with an additional increase of €85/ton (US$118/ton) from January levels, PP price hikes seemed inevitable. As...
Kazakhstan and Uzbekistan are set to leverage their strength in oil and gas resources to develop a world class petrochemicals industry in Central Asia, according to a report by Business M...
Dow Chemical Co. reported a fall in Q4 sales in North America and Europe as growth in those regions may be eroded by high unemployment. North American revenue tumbled 19% to US$4.12 bln a...
Naphtha prices in Europe have risen, marginally exceeding gains in crude oil prices. Restart of petrochemical crackers supported naphtha prices, offsetting the limited arbitrage to Asia. ...
Foster Wheeler AG’s subsidiary of its Global Engineering and Construction Group has signed a Joint Venture Agreement to form a Saudi Arabian entity with A. Al-Saihati, A. Fattani and O. A...
In a bid to ease its debt burden, World No 3 chemicals group Ineos, has sold its fluorinated chemicals unit - Ineos Fluor, to Mexican conglomerate Mexichem. The fluorochemicals unit is no...
Premiums on February cargoes have plunged by over 65% for India's Hindustan Petroleum Corp Ltd (HPCL) amid lackluster sentiment hampered by demand cuts, due to heavy cracker maintenance i...
FKuR Kunststoff GmbH, manufacturer of tailor-made biopolymer specialties on the basis of Polylactic acid/Copolyester (Bio-Flex), cellulose ester (Biograde) and WPC (Fibrolon), has commenc...
Braskem SA, leading producer of petrochemicals and thermoplastic resins in the Americas, has acquired Sunoco Chemicals, Inc. The deal comprises of its polypropylene business, to Braskem f...
Dorf Ketal Chemicals (India) Pvt Ltd headquartered in Mumbai, is a global player in process chemicals, and additives for refineries, petrochemicals, fuels, plastics, lubricants and oilfie...
Players in Malaysia report that domestic producers have announced their February PP and PE offers with further increases from the late January offer levels as per Chemorbis, triggered by ...
An €85/ton increase month on month, was witnessed in Europe for February polymer grade propylene contract that settled last week at €875/ton FD NWE, as per Chemorbis. Price hike was trigg...
Arkema has formally completed its acquisition of Dow's Acrylic Monomers and Acrylic Latex Polymers (UCAR Emulsion Systems) business in North America. Following this acquisition, the Clear...
Kuwait Petroleum Corp (KPC) is currently in talks with Asian buyers to renew the April 2010-March 2011 term contract. KPC is expected to raise the premiums to US$20/ton to benchmark Middl...
Naphtha prices in Asia have plunged to 14 week-lows as cracks hit their lowest in two months amid pressures from demand cuts triggered by maintenance shutdowns at petrochemical plants. ...
Ethylene prices have spiked to a 17-month-high, creating the widest spread between naphtha and ethylene since 2007, as per ICIS. End of last week, ethylene was pegged at US$1310/MT FOB Ko...
Dow Chemical Co. aims to sell Styron Inc, its styrene business by the end of March after an eight-month process by getting private equity approaches. After holding second-round bids last ...
As housing starts begin to pick up after the recession, the future of polyvinyl chloride (PVC) in global construction looks brighter heading into 2010, according to ChemSystems. High cons...
Light, sweet crude futures for March dipped to US$72.7, while Brent crude on ICE Futures exchange dipped to US$71.2. Prices have dipped marginally on the first day of the week as prices h...
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