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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
Rabigh Refining and Petrochemical Company (PetroRabigh) has signed an agreement with the Saudi Industrial Property Authority (MODON) to supervise the leasing of land for the purpose of es...
Cross-strait trade ties between Taiwan and China are underway and have picked up pace. The materialization of ECFA (Economic Cooperation Framework Agreement) could disadvantage certain se...
Despite the dollars weakness, crude oil prices have dipped on Thursday to hover around US$77/barrel on the Nymex. This is being viewed by market player as a sign of relative weakness that...
Global demand for bioplastics, which include plastic resins that are biodegradable or derived from plant-based sources, will rise more than fourfold to 890,000 metric tons in 2013 accordi...
Petkim's petrochemical hub in western Turkey is set to grow rapidly to take advantage of the country's budding petrochemical market and will aid in should also help tackle the country's ...
Asian market sentiments have firmed on robust demand while spot cargoes have thinned on an ongoing absence of European arbitrage cargoes. The last naphtha that Asia received from the West...
The European Commission has decided to levy a fine of €173.9 mln on several plastics additives producers for price fixing and market sharing cartels. According to the Commission, Akzo, Ba...
With effect from November 12, 2009, Reliance Industries has increased price of LDPE by Rs 2000/MT. Price of all other polyethylenes has been rolled over and remains unchanged.
Crackers across Europe have firmed run rates and are operating at 80-85% capacity on better than expected demand this month for ethylene (C2) and propylene (C3) as per ICIS. Most maintena...
As buying interest gets increasingly robust, India's Mangalore Refineries and Petrochemicals Ltd (MRPL) has fetched a premium of US$22/ton on a naphtha cargo of 90,000 tons for December-F...
The Chinese government is apparently edging closer to ending a ban on direct imports of whole PET scrap bottles as per PlasticsNews. This decision is being watched by the global recycling...
A latest report by Chemical Market Associates, Inc. (CMAI) reveals that the global economic recession severely impacted olefin demand growth in conjunction with the start-up of significan...
As the US$3 bln petrochemical cracker complex by Shell at Pulau Bukom is expected to come onstream in Q1-2010, downstream polymer processing units are expected to mushroom in the region. ...
Pemex Gas y Petroquímica Básica, a subsidiary of state oil company Petroleos Mexicanos, had recently announced inking a MOU for a planned US$1 bln ethylene cracker on Mexico’s Gulf Coast....
Indian Oil Corp (IOC) has concluded two deals for a total of 66,500 tons of naphtha to Vitol at unexpected premiums in a firmer market. As compared to previous transactions, the premiums ...
North Africa’s chemical industry that is in its nascent stage, seems poised for promising growth. Several factors are conducive for this growth - abundant supply of natural gas feedstock,...
Robust demand from Taiwan and South Korea has impacted the Asian naphtha markets despite a steady flow of supplies from India. India's Reliance Industries has fetched a premium higher by ...
High-temperature Ultem* 1000 resin from SABIC Innovative Plastics has been chosen by leading provider of beverage solutions, to create a new low-dose bump pump for its latest coffee dispe...
ExxonMobil and its partners, Sinopec and Saudi Aramco, have celebrated the full operation of China’s first integrated refining and petrochemical facility with foreign participation. This ...
While Egypt’s economic performance is set to deteriorate, it is still better than many other markets, with petrochemicals demand expected to grow albeit at lower rates than in previous ye...
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