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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
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...
India’s oil and petrochem major Reliance Industries (RIL) has reported a lower quarterly profit for the fourth consecutive time due to shrinking refining margins. Q2-10 net profit decline...
Siam Cement Group (SCG), Thailand’s largest industrial conglomerate has reported net sales of 64.54 billion baht, a 13% rise in Q3-09 from the previous quarter, on improved product prices...
Income in the form of taxes from the petrochemical industry in Limay town is expected to earn the province an estimated P1 billion every year by 2010 to the province of Bataan. Income wil...
A strong recovery in European sales for most thermoplastic resins in Q4-2009 is predicted as processors re-build stocks and economic recovery begins to take hold in Europe’s major economi...
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