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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
Royal DSM N.V. has started up a new plant for the production of wet polyesters and other specialty resins at the existing site of DSM NeoResins in Meppen (Germany) at an investment outlay...
US propylene producers have nominated increases of up to 14% for February contracts, due to tight supply amid low refinery operating rates. This will extend an uptrend that began in Novem...
Japanese companies may consider departure from Thailand if the Map Ta Phut issue remains unresolved for an extended period. They mull to relocate their Thai operations if the controversy ...
Concern over mounting supplies ahead have pulled down naphtha prices in Asia to 6 week lows, while cracks are at around 4 week lows, despite demand from Japan. Idemitsu has bought a pa...
According to statistics from Chinese customs, imports of South Korean PVC have dipped to unusually low levels in H2-08 in view of the massive upsurge in overall polymer imports into China...
China imported approximately 1,495,000 tons of polymers in December, according to statistics revealed by China’s Customs. After the steep decrease of imports witnessed in October, there w...
Xpro India has commenced commercial production at the its third thermoforming line at Ranjangaon, Pune (Maharashtra) with effect from Jan. 27, 2010. The product portfolio consists of bi...
Leading Thai petrochemical maker PTT Chemicals, with most expansions in Thailand, is exploring future investment opportunities in nearby countries. The company wants to follow its strateg...
Middle East suppliers have hiked regional polymer offers for February by US$130-250/ton vs January offers in line with high feedstock costs and tight supply, as per ICIS. These increased ...
Benchmark crude for March delivery has settled at US$73.6 on the New York Mercantile Exchange, the lowest settlement price since Dec. 14. Crude oil prices continue on their two week downt...
India's Hindustan Petroleum Corp Ltd (HPCL) has offered 20,000 tons of naphtha for February lifting, amid three weak low naphtha crack levels on weakening market outlook of softer demand....
Japan’s Mitsui & Co and Saudi Arabia’s Nabaa Industrial Development and Investment Co are mulling cooperation for a US$20 bln petrochemical complex in Yanbu, subject to results of a feasi...
Several distributors in Vietnam report that offers for Chinese PP raffia have reappeared in the market recently, with some sources speculating that this could be a sign of deficient sales...
Persistent derivative demand amid limited supplies has been pushing up ethylene prices as spot prices have risen by about €80-85/ton this month in Europe. As per Chemorbis, despite recent...
CRUDE OIL Oil prices fell by almost 5% in the week of January 25, 2010. As Wall Street dropped for a third consecutive session, oil prices ...
Jurong Aromatics Corporation (JAC)’s US$2 bln petrochemical development projected, that had been deferred by two years is finally on its way to being constructed. Impacted by a dearth of...
As per Thai petrochemical giant IRPC’s plans, construction on 16 of 19 projects was to commence in 2010 at an investment outlay of US$1.2 bln spread over 5 years. However, the constructio...
Haldia Petrochemicals (HPL) has completed Project Supermax, augmenting ethylene capacity and is ready to reopen shortly, after a three month expansion shutdown. The naphtha cracker has be...
An acetic acid leak at Indorama Petrochem that occurred on December 24 and 25 at Map Ta Phut Industrial Estate, Rayong province, has caused a foul smell in the area. The company is certai...
Residential decking and railing demand is expected to improve in 2010 compared to 2009 as home construction and R&R recovery begins a development that will benefit cellular vinyl but not ...
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