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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
INEOS Phenol and Sinopec Yangzi Petrochemical Company have signed a Letter of Intent to study and negotiate a joint venture to build and operate a phenol/acetone manufacturing site at the...
Exxon Mobil Corp. plans to sign an agreement with state-run Qatar Petroleum for a new petrochemical project to be built in Qatar. Exxon Mobil currently holds stakes in 12 liquefied natura...
After two weeks of stagnancy, spot paraxylene (PX) values for February delivery spiked by about fifteen dollars to US$1125-1135/MT CFR China Main Port (CMP) as per ICIS. News from China, ...
Reliance Industries has raised Rs 2,675 crore by selling 25.85 mln treasury stocks to state-owned Life Insurance Corporation, which is the largest institutional shareholder in the company...
LG Chem's deployment of aspenONE Advanced Process Control has resulted in US$4 mln of annual operational savings, while also helping the chemical company achieve its operational excellenc...
Naphtha prices in Asia have opened on a high note in 2010. Strengthened by robust petrochemical demand from China, prices are expected to climb higher this week. Additionally, Asia is als...
Technip SA has been awarded by Polimerica, a reimbursable contract to perform the front end engineering design (FEED) for a new ethylene plant, planned with a capacity of 1.3 mln tpa. The...
Post New Year holidays, domestic Chinese PVC producers have increased offer levels for both acetylene and ethylene based PVC in China, as per Chemorbis. These producers point to the bette...
In line with market expectations, domestic price increases were witnessed in markets of China and Southeast Asia on the first trading day of 2009, as per Chemorbis. In addition to bullish...
Germany's BASF has restarted operations at its 1 mln tpa ethylene cracker located at Antwerp, Belgium. Shut since December 20th on account of a fire, the cracker has commenced at the sta...
Abu Dhabi Polymers Company (Borouge) is pressing ahead with its plans of a third phase of development that should boost the emirate's total polyolefin production capacity to 4.5 mln tpa b...
Light, sweet crude futures for delivery in February traded at US$80.09 a barrel on the Nymex. Weather forecasters predict that the winter of 2010 may be especially cold. Crude oil futures...
Lack of adequate feedstock and a poor business environment are undermining the recovery in Indonesian polymer output, according to a report by Business Monitor International (BMI). In 2...
West European producers have spiked January LDPE offers to Turkey as compared with the last reported price levels to €970-1000/ton CFR Turkey, cash as per Chemorbis. A source at one Wes...
Following price hikes implemented earlier this week triggered by rising crude oil futures, further increases were reported inside China from domestic producers, as per Chemorbis. In the s...
January offers by a trader for South European LDPE film into Egypt are being heard at US$1450-1470/ton CIF Alexandria as per Chemorbis. This is a much higher offer as compared with the sa...
Over the past few weeks, Polyethylene prices have been on the rise in Asia amid tight supplies and higher upstream costs as per Chemorbis. Restricted avails, particularly for LLDPE film ...
London's Royal Free Hospital researchers have developed a strong, flexible, and resistant to blood clotting artificial artery that pulses rhythmically to match the beat of the heart. The ...
South Korea's reliance on naphtha could cause further problems over the medium term as lower cost ethane-fed crackers come online in the Middle East, the Chinese economy moderates over th...
The first stage of Russia’s biggest petrochemical facility will be commissioned in Nizhnekamsk in 2010. Installation and setting-up of the technological equipment will be completed by Oct...
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