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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
Sinopec Corp (Sinopec) and Saudi Basic Industries Corp (SABIC) have inaugurated their 50:50 joint petrochemical complex in Tiajin. Sinopec SABIC Tianjin Petrochemical Co Ltd. Was formed t...
A dramatic fall in prices in USA has caused 2009’s second consecutive decrease on the The ICIS Petrochemical Index (IPEX) fell to 239.50 in November, down 5.15 points from the previous mo...
A new and patented version of the foam Neopolen P (EPP: expanded polypropylene) with better thermal insulation has been introduced by BASF for devices used in heating, ventilation and san...
Latin America’s largest petrochemicals producer-Braskem SA has posted a profit for Q3-09 on recovering domestic demand and falling feedstock costs. In the quarter, net income rose to 645 ...
Naphtha exports from India are on the rise, mainly due to weak domestic demand and consumption that has fallen as a result of increased availability of natural gas in the country. Plants ...
Higher priced offers have led Japan’s Marubeni to decide against renewal of a contract with Kuwait Petroleum Corp (KPC) for bout 100,000 tons naphtha lifting for the period of December 20...
As anxiety rises in markets about the prospects of global economic recovery, gold has escalated and oil is following the lead of gold as a hard asset. Off late, oil and gold have been mov...
Qatar’s new oil refinery Ras Laffan has come onstream. It is pumping almost 80,000 bpd of middle distillates, 24,000 bpd of gas oil and 52,000 bpd of kerosene and jet fuel. These markets ...
CRUDE OIL Crude oil prices ended the week of November 2, 2009 at US$77 a barrel on the Nymex on bearish economic data that upset confidence...
Mitsui Chemicals Inc. (MCI) and Sinopec have inked a fundamental agreement to conduct collaboration feasibility for phenols and EPT. The investment for the two operations is expected to t...
Japan's Seibu Oil Co Ltd. has constructed a new 25,000 bpd heavy naphtha reformer at its sole refinery, located in Yamaguchi, Western Japan. In 2006, Seibu Oil had planned to build the ne...
A direct compounding technology that extends thermoset composites to high volume, complex and innovative large parts production has been developed by DSM Composite Resins, Dieffenbacher a...
Naphtha and ethylene prices have climbed in line with oil prices in Europe and Asia. However, advantageous natural gas prices in USA have resulted in ethylene being offered at a sharp dis...
Petkim, Turkish petrochemical maker and Iran's NPC International have inked an MOU to co operate to conduct a feasibility study on a 300,000 tpa PVC plant in Western Iran, along with upst...
Al-Waha Petrochemical Co. in Dubai has announced start up at its new complex, which includes a 450000 tpa polypropylene (PP) plant based on LyondellBasell's Spherizone process technology....
Oil prices ended the previous week at US$77 a barrel on the Nymex on bearish economic data that upset confidence about a potential recovery in energy demand. In London, Brent crude settle...
Asia Pacific region accounted for 44% of the global polyethylene demand in 2008 and is also the fastest growing region in the world. The growth in the region was due to strong demand from...
Naphtha exports from India are on the rise, mainly due to weak domestic demand and consumption. Exports of naphtha have grown to 2.5 mln tons from 1.9 mln tons. Domestic naphtha consumpt...
The global recession of 2008–2009 has significantly reduced demand for polyurethane foams in most countries and regions according to a report by CEH Marketing Research. Demand in 2009 wil...
Overall, world Polyethylene terephthalate (PET) polymer consumption will slow further in 2009 as a result of the global recession. However, it is expected to pick up, growing at an averag...
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