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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
The Saudi Aramco Total Refining & Petrochemical Co. (Satorp) has hired Elliott Co. to supply all 17 compressor trains required for the joint venture’s export refinery to be built in Jubai...
A bankruptcy judge in USA has given the bankrupt chemicals company Lyondell Chemical Co. time until April 15 to exclusively file a plan of reorganization. Additionally he has denied a cre...
Haldia Petrochemicals Ltd’s recently revamped naphtha cracker has seen a delay in start up by over a week. In end-October, HPL had shut its plant for a 75-day maintenance and expansion sc...
CRUDE OIL As the dollar weakened, crude oil for February delivery rose to US$78.6 in electronic trading on the Nymex, rising for the first ti...
Domestic producers have lowered their PE prices in China, especially in the LLDPE c4 film market at the beginning of the week, as per Chemorbis. Decreases of CNY200-300/ton (US$30-43/ton)...
Although January is generally a slow month for PVC demand in the Northern Hemisphere, PVC prices in Asia and the US have seen significant increases this month with sellers generally predi...
Brazil’s state-run energy giant Petrobras’ new plans for the Comperj petrochemical refinery are slated to be ready this week, and will be forwarded to the board for approval at its next m...
As the dollar weakened, crude oil for February delivery rose to US$78.6 in electronic trading on the Nymex, rising for the first time in six days after falling by 5.7% last week. This wee...
Saudi Arabia is mulling to commission the construction of a petrochemical plant with the planned new Jizan oil refinery in the kingdom. The Jizan refinery, with capacity of 250,000-400,00...
Though Polypropylene (PP) buyers in Europe are shelling out to pay price increases in January, buying is being done on a hand-to-mouth basis before February propylene settlement, amid con...
Ethylene production in Japan has risen 30.3% to 663,400 tons in December 2009 as compared to 509,000 tons in December 2008, as per the Ministry of Economy, Trade and Industry. These figur...
Acrylonitrile (ACN) prices in Asia are poised to rise to US$2000/ton in February triggered by a supply crunch, strong demand from China and rising feedstock propylene costs, as per ICIS. ...
The first-of-its-kind polypropylene-based, high-clarity copolymer for potential use in extrusion and injection blow molding applications is the latest addition to LyondellBasell's innovat...
distributor in India reported that domestic producers lifted their offers for a number of polymer products to the local market this week. According to the distributor, domestic offers we...
Sinopec Corp and SABIC have inaugurated their new petrochemical complex, built at an outlay of US$2.7 bln in Tianjin yesterday. The 50:50 joint venture named Sinopec SABIC Tianjin Petroch...
Electricity rationing has forced Venezuelan petrochemical company Pequiven to shut two of its three plants. The products for which production has been hit have not been specified. Evaluat...
Mangalore Refinery and Petrochemicals Ltd (MRPL) and Oil & Natural Gas Corp (ONGC) have realized lower premiums on 130,000 tons of naphtha for February-May lifting. Spot premiums for next...
South Korea's petrochemical companies plan to invest a combined 14.4 trillion won (US$12.86 biln) from 2010 to 2012. About 4.7 trillion won will be spent in 2010, 5.9 trillion won in 2011...
Benchmark crude for February delivery has dropped to US$78 a barrel on the Nymex. Crude-oil prices have weakened for the fifth consecutive day on release of economic data from USA that fa...
In a move to benefit form rising domestic demand and maintain its 40% market share, Indonesia’s Tri Polyta plans to increase production capacity by about 30% to 480,000 tpa. An investment...
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