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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
Oil prices ended the previous week on an optimistic note, rising by over a dollar as energy stockpiles showed a larger than expected drop amid an intense cold wave in USA. New York's main...
Creditors of bankrupt Lyondell Chemical Co asked a US judge to expand an investigation by a court-appointed examiner to ensure the petrochemicals company is fairly evaluating proposals fr...
A power outage caused by storm and heavy rains in Yanbu has affected operations at Saudi Basic Industries Corp's (SABIC) petrochemicals plants in Yanbu. Deliveries, however remain unaffec...
As relations between Taiwan and the Mainland begin to thaw, Taiwan's Formosa Petrochemical could consider cooperation with China's Sinopec. The tie up will be for the manufacturing busine...
BASF has shut down it’s second European steam cracker after a blaze broke out at the smaller of its two ethylene crackers in Ludwigshafen broke out. The fire has been doused and no injuri...
BASF has shut down the 1.08 mln tpa cracker at Antwerp temporarily after a fire over the weekend at BASF Antwerpen. A blaze touched off by a leak in a naphtha feed line triggered the fire...
Saudi Kayan Petrochemical Co has received four bids in a retender to build a petrochemical plant at its complex in Jubail. These four tenders for the 210,000 tpa plant are from South Kore...
Saudi Arabian Mining Co (Maaden) has shortlisted South Korea's Daelim Industrial Co for preliminary work on its Jubail petrochemicals project. Construction of the project, a joint venture...
Equate Petrochemical Company has announced that the Aromatics Complex of Kuwait Paraxylene Production Company (KPPC) has officially commenced commercial operations. The US$2 bln state of ...
Indian Oil Corp (IOC) has fetched a very high premium on 90,000 tons of naphtha sold for Q1-2010 lifting to Itochu. The premium is six times higher than what it had fetched from Malaysia ...
Texas based leading global chemical company Celanese Corporation has acquired the long-fiber reinforced thermoplastics (LFT) business of FACT GmbH (Future Advanced Composites Technology) ...
End of March 2010 will witness the last production of all rotational molding resin grades by polyolefins giant Borealis AG. A large chunk of Borealis rotational molding resin portfolio is...
Access Industries, promoted by Russian-born billionaire Len Blavatnik, feels that the US$12 bln at which RIL has valued LyondellBasell is too low, and lacks merit. It seems that Reliance ...
Crude oil for January delivery rose to US$73.43 in electronic trading on the New York Mercantile Exchange. Crude oil prices have risen to levels of US$73 amid optimism of demand increase ...
Petrochemical producers in Southeast Asia have limited legal options to defer or block the implementation of a zero-tariff regime that will take effect next year, as per ICIS. It was ea...
Rhodia is introducing a new environmentally friendly polyamide; the organically sourced 6.10 range – as a complement to its polyamide range. In keeping with its commitments as a responsib...
Eastman Chemical Company uses the the innovative IntegRex technology for the production of PET. This technology developed by the company is protected through a solid patent portfolio. Eas...
Thai Companies Master Packaging Co. Ltd. and Thai Plastic Bags Group (TPBG) have been exporting polyethylene retail carrier bags to US. Importers in USA of this merchandise had paid negli...
CRUDE OIL In the week of December 21, 2009, crude oil for January delivery rose to US$73.4 on the Nymex, amid optimism of demand increase as ...
Korean Export Import credit agency that is the majorly funding the proposed P34.38 bln naphtha cracker in Batangas, has given the nod of approval for the project financing. As global econ...
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