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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
In a move that will strengthen its position in global markets for rotational molding and masterbatch materials, Schulman Inc. has acquired ICO Inc. in a transaction valued at almost US$ 1...
Oil prices dropped by over one dollar to levels below US$76 under pressure from a stronger dollar which outweighed reaction from better-than-expected US jobs data. Crude futures in New ...
ExxonMobil and Total are the most fined companies are almost all oil refiners and chemical manufacturers in southeast Texas. In a single industrial accident, Total Petrochemical's sprawli...
As per a new report, there is overcapacity in several sectors of China’s chemicals industry, including PVC, ethylene derivates, polyester and coal-to-chemicals projects. Excess manufactur...
An explosion at Rosneft’s petrochemical plant in Angarsk in East Siberia has killed one worker. According to preliminary reports, the explosion was caused by a hydrogen leak at a high-pre...
Saudi Basic Industries Corp (SABIC), the world's number one petrochemicals company by market value, has "guarded optimism" that prices will recover in markets of USA, China and Europe. De...
The Middle East region is soon assuming a prime position in the global petrochemicals industry. The industry’s centre of gravity is shifting to the feedstock-rich Middle East wherein seve...
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 responsi...
As supplies rise in the United States, oil prices have been mixed. Prices have slipped marginally on the Nymex to US$76.4, while Brent North Sea crude for delivery in January rose to sett...
Of the upcoming projects at Map Ta Phut (the world's eighth-biggest petrochemicals hub) that have been stalled since September, 11 major projects have been allowed by a Thai court to resu...
BASF SE, Bayer AG and Royal DSM NV have performed better in 2009 proven by stronger balance sheets and management efforts to sharpen focus. These companies are likely to be most active in...
China Petroleum & Chemical Corp. (Sinopec) plans to expand the capacity of its second-biggest oil-processing plant by 33% to meet rising fuel demand. Capacity will be hiked at the Maoming...
Vnesheconombank, Russia’s state-owned development bank and Italian insurer SACE SpA may sign an agreement tomorrow on funding for OAO Sibur Holding’s US$2 bln construction of a 500,000 tp...
Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for Alfa Laval Packinox heat exchangers for an integrated refinery and petr...
BASF has brought back its cracker with capacity to produce 220,000 tpa ethylene at Ludwigshafen, idled in April, on stream. The company had, in September, announced a “warm-up phase” for ...
Pursuant to its strategy to focus on the upstream process, Royal Dutch Shell has halted talks of co operating with China Petroleum and Chemical Corp. (Sinopec) and Kuwait Petroleum Corp. ...
18 unfinished projects - mostly petrochemical operations, of Siam Cement have been impacted at the Map Ta Phut industrial estate. These 18 projects that involve an investment outlay of 57...
In a bid to explore opportunities to develop markets in the Indian sub-continent, Asia Pacific and globally, ethylene oxide derivatives manufacturer Laffans Petrochemicals Ltd. has signed...
As feedstock costs continue to rise sharply since mid-summer, PVC suppliers in USA have tried to hike offers. Efforts by suppliers to raise polyvinyl chloride (PVC) prices by 3 cents/lb (...
H2-January open-spec naphtha contract was notionally assessed at US$743.50-746.50/ton CFR (cost and freight) Japan, up around $1-4/ton on the previous day, as per ICIS Pricing. The first-...
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