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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
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...
In China, the prevailing sentiment in the PS market is getting weaker ahead of the approaching Chinese New Year holiday, as per Chemorbis. More buyers show strong resistance towards highe...
Following the €50-100/ton increases that materialized in January, sellers are now asking for new hikes of €100-120/ton for February gaining support from the monthly propylene contract set...
Buyers in Egypt have been caught unawares this week at the large increases seen in PE offers for February despite the fact that prices have started to catch up with the Asian market after...
A investment of almost US$120 bln has been planned by state owned Saudi Aramco over the next 5-6 years to develop projects in the oil and petrochemicals sector. Around US$60 bln is planne...
Kuwait's state-run Petrochemical Industries Co (PIC) plans to build a US$3 bln olefins complex – its third. The initial study phase has been initiated and is scheduled for completion by F...
Despite facing suspension after a recent court order, Dow’s Thai unit planned in Map Ta Phut, remains optimistic that its second-phase chemical plant can begin operating in 2011 as schedu...
Engine efficiency will increase with the introduction of self healing polymers that are suitable to add to lubricants as they could maintain the physical properties of engine oils for lon...
In a bid to restore margins and stay in line with its innovation strategy, Borealis has announced an increase in prices of all polyethylene and polypropylene prices by €100/ton, with effe...
China's petrochemical industry will show better performance this year, as per the deputy secretary general of China Petroleum and Chemical Industry Association. The industry is expected t...
BP Refining & Petrochemical’s (BPRP) is running its two crackers at Gelsenkirchen, Germany, at reduced rates caused by a glitch due to fouling of the internal pipes system, as per ICIS. A...
Jon Nash of AMI Consulting has been conducting extensive studies on the plastics industry in the Middle East and is presenting a market overview at the international conference, Middle Ea...
Biodegradable additive for polycarbonate applications requiring totally transparent materials has been developed by Bio-Tec Environmental. The company is known for its EcoPure™ additive t...
Supported by a robust growth in exports and business spending on equipment and software, the US economy grew at a healthy 5.7% annual growth rate in Q4-09, the fastest pace of growth sinc...
Several PE converters in Italy are doing definitely better than the same period of last year, despite the lackluster performance of their end product markets, as per Chemorbis. A buyer wh...
In Indonesia, distributors and converters report that the market is facing a shortage of promptly-available PE cargoes, driving spot prices for prompt cargoes sharply higher when compared...
In Asia, spot ethylene prices have risen by ten dollar in the past week to US$1365/ton CFR Northeast Asia, as per Chemorbis. Since the beginning of the month, spot ethylene prices have ri...
World demand for acrylonitrile-butadiene-styrene (ABS) expanded by 4,5% in 2009 although the demand was considerably affected by output reductions in the automotive industry, as per Marke...
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