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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
A new VCM and PVC plant complex originally slated to start up in February, 2010 has been delayed by TCI Sanmar, possibly to September-October, 2010. Both plants will start up at the same ...
Leading manufacturer of proprietary bio-based, sustainable plastics-Cereplast Inc. has extended its distribution agreement with A. Schulman, Inc. to include all of Europe. A. Schulman, In...
GCC has been discussing the Free Trade Agreement (FTA) with the EU for the last 15 years. However, though hopes are pinned for positive outcome, conclusion of the agreement seems to be a ...
An outage at Kuwait Petroleum Corp’s (KPC) 200,000 bpd Shuaiba refinery had disrupted production in the last week of December 2009. KPC has limited production to barely 70% capacity after...
At a time when Asian petrochemical makers rush to replenish naphtha inventories, Royal Dutch Shell's ethylene demand will sustain the strong feedstock naphtha and ethylene market through ...
Benchmark crude rose to US$83.18 on the Nymex, while Brent crude for February delivery in London rose to US$81.47 a barrel on the ICE Futures exchange. A barrel of crude oil has crosses U...
Alberto Geyer, a shareholder in Quattor Petroquimica SA, plans to outbid any offer made by Braskem SA for an indirect controlling stake in the Brazilian petrochem maker. The son of Unipar...
A new petrochemical facility is planned to be built and in Nizhnekamsk, Russia, with the first stage expected to come onstream in 2010. To be built at an outlay of US$7.5 bln, the facilit...
CRUDE OIL Crude Oil prices have risen to US$80/barrel in New York in the week of January 4, 2009 on predictions of a colder than normal winte...
The PP market started the first week of 2010 in China and SE Asia with considerable price hikes from suppliers, which has led to a larger disparity between the prevailing import offers in...
Recent offers for PP homopolymer grade received by a trader in Indonesia from India T US$1270-1300/ton CIF SEA cash equivalent basis, were higher than the same producers’ most recent offe...
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...
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