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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
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...
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...
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