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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
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...
The Singaporean petrochemicals industry is set to witness a massive increase in capacities in 2010 and 2011, but over-supply in the Chinese market may put pressure on margins and sales in...
In a move to refinance its working capital needs, state-run Oman Refineries & Petrochemicals Co. (ORPC) has secured a US$200 mln loan from Oman's Bank Muscat. The maturity of the loan wil...
France is shedding petrochemicals capacity as the recession bites deep into revenue, forcing plant closures. As a result, BMI's report forecasts a 15-20% drop in petrochemicals output, wh...
China may become dependent on petrochemicals import in the long run as it plans short term measures to curb over-capacity, as per Business Monitor International (BMI). In H1-09, ethylen...
A multi state effort to close a Midwest waterway prevent the invasive species Asian carp from reaching Lake Michigan, could hurt the US Economy, as per a business-lobby group. Michigan's ...
At an annual general body meeting, Gujarat State Federation of Cooperative Sugar Factories (GSCSF) has decided to use polypropylene bags for packing sugar. This decision was prompted by a...
African polymer producers are keen to return to early-2008 margin levels in 2010, and most are resolute that price rise is necessary to recoup losses. They continue to face several major ...
A trade agreement between Asia's third- and fourth-largest economies- India and South Korea will eliminate tariffs on 7,044 goods traded between the two countries with effect from Jan 1, ...
PTT Chemical PCL has delayed by two months, plans to shut for maintenance, its 461,000 tpa ethane cracker to February. Currently, the company is focused on trial runs at its new 1 mln tpa...
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