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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
As the markets chose to focus on government data indicating bearish oil consumption, oil prices dipped to US$69.5 despite an unexpected drop in crude supplies. Prices fell on release of d...
Polymer price increases seen in H1-09 were supported by robust demand, particularly from China, supply constraints due to delays in the commissioning of projects in China and Middle East;...
Current growth of Indonesia’s petrochemical industry is pegged at 6-7% pa. In a bid to augment this growth to levels of 10% pa, additional investments are needed. In the next 5 years, th...
A research team has developed a new polymer that can travel into cells, deliver genetic cargo, and packs a beacon so scientists can follow its movements in living systems. The scientist...
An unexpected decline in crude oil stockpiles by 1 million barrels was reported by Energy Information Administration along with a larger-than-expected build in gasoline stockpiles of 2.9 ...
Premiums realized by India's Bharat Petroleum Corp Ltd (BPCL) for high-aromatic naphtha plunged more than three folds on weakening derivative demand due to falling petrochemical margins. ...
Total Petrochemicals France has embarked on the process of restarting its steam cracker at Carling-Saint Avold, shut since an explosion in July. Only the undamaged unit of the two at the ...
Work is underway to develop 100% petroleum-free automotive plastics to make cars totally compostable. Researchers at Ford are working on this concept, making decomposition one of the 3 ma...
Oman Oil Company (OOC) and International Petroleum Investment Company (IPIC) have inked an MOU for the potential development of a refinery and petrochemical complex at the Oman port of Du...
US crude for November delivery spiked to US$70.6, increasing as the dollar weakened, and investors preferred to buy commodities to hedge against a weaker dollar. This was coupled with an ...
Overcapacity is plaguing the PET supply side, but is also enabling processors to source the material for less and use it to continue penetrating markets more accustomed to polystyrene, PV...
520,000 tons of polypropylene to come onstream as a coal-based polypropylene (PP) production project in northwest China is set to start with trial operation next year. Gasification techno...
Crude futures increases were triggered by a weaker US dollar, following reports that Gulf oil-producing states were in talks to replace it with a basket of currencies in pricing oil. The ...
A fire that broke out at Sunoco's Marcus Hook refinery in May, destroying part of Sunoco's Marcus Hook refinery, could have been caused by a rusted 10-inch pipe. The corrosion is reported...
The global polyolefin market is changing dramatically in response to the fast advancing industrialization process in the emerging markets, as well as improvements in global communications...
Reduced downstream demand in the region has squeezed margins of Asian naphtha makers. Cracker operators have started cutting back run rates this month, in a bid to arrest to additional fa...
In Europe, the month of September witnessed spikes in prices of thermoplastics. Polyolefins spiked by €100/ton, while supply constraints pushed up PVC by €60. EVA was flat, while polystyr...
Aside from the ongoing recession, industrial action is a major threat facing South African petrochemicals producers, with increasing friction apparent between management and trade unions ...
Thailand petrochemicals production is set to fall by 15-20% in 2009, but will make a quick recovery in 2010 when new capacity comes onstream, according to the latest Thailand Petrochemica...
India’s Oil & Natural Gas Corp (ONGC) had offered only one naphtha cargo of 35,000 tons for end-October. The Indian major has realised a premium of eight dollars on the cargo, about half ...
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