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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
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 ...
Petrochemicals had passed a nadir in mid-2009, but BMI’s latest UK Petrochemicals Report forecasts that it will take some years for output to recover to pre-recession levels and during th...
Germany’s petrochemicals market will see greater stability in H2-09 but it will remain in a trough, with BMI’s latest Germany Petrochemicals Report forecasting a 12.5% decline in both sal...
Worldwide PVC demand declined by 8% in 2008, and is expected to decrease further in 2009 as per a report by CMAI. Typically, PVC demand tracks GDP, albeit at a slightly faster pace, durin...
Jacobs Engineering Group Inc. has been awarded a contract by Abu Dhabi Polymers Company (Borouge) to develop front-end engineering and design (FEED) for a section of the "Borouge 3" proje...
IG Petrochemicals has planned a two week shutdown at one of its PA plant at Taloja, Maharashtra to carry out routine maintenance activities. Sufficient stockpiles of PA with the company w...
Serious concern has been expressed by Thai petrochem majors over the delay of their 25 projects to meet the Euro IV emission standard. These projects are planned by 8 companies at a combi...
A polymer that expands the boundaries of orthopaedic applications such as joint arthroplasty has been introduced by high-performance biomaterials provider Invibio. So far, the design of a...
SABIC Innovative Plastics’ environmentally progressive iQ* resin platform has received the 2009 Responsible Care® Award at the Conseil Européen des Fédérations de l'Industrie Chimique1 (C...
Petrochemical plants in Indonesia continued to run smoothly despite two deadly earthquakes that rocked Sumatra island, as per ICIS. A 6.8-magnitude quake occurred on Thursday at 9:31 am ...
Global demand for pharmaceutical packaging will rise 5.3% pa to over US$47 billion in 2013 as per a report by Freedonia. The developed countries of Western Europe, the US and Japan will...
A day after spiking to the weeks highest level, naphtha prices in Asia eased over the weekend and naphtha cracks saw a marginal uptrend. However, outlook is considered to be pessimistic o...
Despite the economic crisis, UK recycling of plastics packaging rose 2% from 24 to 26% in 2008, according to a report in plasticseurope.org. This group represents European plastics indust...
Indian domestic petrochemicals demand slowed considerably in 2008-09 while exports were hit by the global financial crisis, but the latest India Petrochemicals Report projects domestic pe...
Bolstered by modest signs of domestic demand revival spurred on by a massive government stimulus program, the Chinese petrochemicals industry is likely to witness the beginning of a recov...
Union Carbide, a wholly owned subsidiary of Dow, has completed the divestiture of its ownership in the Optimal Group to Petronas for an equity value of US$660 mln. The proceeds from this ...
The US ethylene market reached a long-awaited three-month settlement on Thursday, putting September contract prices at 34.50 cents/lb ($761/ton; €517/ton), as per ICIS pricing. Monomer se...
In a bid to meet demand from Asia, Borouge plans to move ahead with its mega expansion projects despite the global credit tightness. Production capacity is planned to be augmented to 4.5 ...
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