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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
Six important petrochemical projects, with 3.14 million tpa capacity is to be inaugurated in Assaluyeh, Iran. Built at an investment outlay of US$2 bln, most of the projects will focus on...
Economic analysts are pointing to the recession drawing to a close in Europe driven by fiscal and monetary stimuli together with relatively resilient growth in Asia and Latin America. How...
Twelve new grades of DuPont engineering polymers that meet demanding requirements for use in health care products and equipment are making their debut. The materials are being introduced ...
Parts of a car's bodywork could one day double up as its battery, according to the scientists behind a new €3.4 mln project. Researchers from Imperial College London and their European pa...
LyondellBasell has declared a force majeure (FM) on US olefins, on supply restrictions possibly due to a rumoured delay in the restart of the company’s Corpus Christi cracker in Texas. Ho...
A Thai producer announced March PVC offers this week at US$1050/ton CIF SEA, cash, an increase of US$30/ton when compared with their February done deal levels, as per Chemorbis. The produ...
Although both PP and PE markets are under upward pressure from rising monomer costs and limited availability in Italy, PE demand is performing much better than that of PP as per Chemorbis...
Polymer market in Asia generally tends to slow down ahead of the Chinese New Year, with a chunk of the players preferring to wait in the sidelines. As a result of slower trading activitie...
Weakness in crude futures amid robust benzene supply in Asia will continue to exert pressure on regional prices of the aromatics product in the near-term. As per ICIS, a near 5% fall in c...
The direction of naphtha markets in Asia is currently confusing - some traders are bidding up prices because of a lack of arbitrage material, while C2, C3 and aromatics prices are coming ...
Naphtha prices and crack spreads have dipped to their lowest level this week as buyers refrain from concluding deals on rising concerns of deteriorating petrochemical demand and bearish m...
CRUDE OIL Crude oil prices have fallen to US$71 per barrel in the week of February 8, 2010. After briefly rising above US$77/barrel earlier...
Domestic producers have announced their second PP price increase for February this week, raising prices by US$20/ton for all PP products in Indonesia due to persistently limited supply in...
Spot prices for most monomers are retreating in Asia in the final week before the Chinese New Year holidays, due to the holiday lull in Asian demand as well as softening crude oil prices....
Enormous demand in countries such as China and the feedstock cost advantages of the Middle East mean the Asia-Pacific and Middle East regions will account for more than 80% of planned PE ...
State-owned Saudi Aramco plans to invest approximately US$120 bln over the next 5-6 years in developing projects in the oil and petrochemicals sectors. With completion of several refinery...
Backed by abundant feedstocks at economic rates, higher profits and increased market share, Saudi Basic Industries Corporation (SABIC) continues to expand even as rivals such as BASF and ...
JG Summit Petrochemical Corp.’s long delayed naphtha cracker will be subject to government inspections amid a review of the company's tariff protection. JG Summit, represented by the Asso...
Crude oil for March delivery rose by over a dollar to US$72.3 a barrel on the Nymex, and to US$71.6 in London. Late last week, the contract fell to the lowest settlement since Dec. 15, as...
Mitsubishi Chemical Holdings Corp and Asahi Kasei Corp had announced plans to integrate operations of their plants in Okayama Prefecture, in April 2009. The merger was planned to meet the...
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