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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
Benzene and styrene prices in Europe have moved down in tandem with cheaper naphtha and weak demand. Following the 20% fall in the September benzene contract to €576/ton, styrene monomer ...
A leak from a Napthachimie steam system resulted in the shutdown of INEOS' petrochemical facilities, including a cracker unit at Lavera, France. Ineos’ refinery at Lavera is however, oper...
OPEC has been successful in more than doubling oil prices after they ebbed to five-year lows in December. This outcome could persuade ministers to maintain production quotas after this we...
The volatility in crude oil and petrochem prices amid a global economic slowdown, has affected the growth of the petrochemical sector in India. The sector has recorded 6.5% growth rate in...
Awaiting U.S. employment data, the oil market was witness to directionless trading , with few deals concluded. Oil prices inched above US$68 a barrel in New York, while London Brent crude...
Increased avails of natural gas have steadily demoted the status of naphtha as the preferred feedstock among power and fertiliser consumers. The downtrend in naphtha demand is projected t...
As part of a strategy to invest around Rs 60,000 crore in capacity-building over the next 5 years, state owned Indian Oil Corporation (IOC) aims to have 15% of its revenue from petrochemi...
Saudi joint venture company Saudi Aramco Total Refining & Petrochemical Company (Satorp) has awarded two major turnkey projects to French engineering company Technip. The full conversion ...
Demand for PVC in construction applications from the developing countries will compensate for the slowdown in the traditionally large markets of North America and Europe, and account for ...
One of the leading players of the specialty petrochemicals industry American Development Co.’s petrochemical subsidiary - South Hampton Resources Inc., has signed a three-year contract wi...
Petrochemical products prices have improved in recent weeks, reaching the highest levels yet for 2009. Downstream products such as benzene and polymers have recovered from industry lows o...
China National Offshore Oil Corporation (CNOOC), has plans for a 10 mln ton refining and 1 mln ton ethylene complex in Dongying City, Shandong Province. The complex and supporting equipme...
Europe’s propylene market, currently faced with multiple cracker shutdowns and better-than-expected demand will be further impacted with the shutdown of Total’s Dunkirk refinery in France...
Saudi Aramco’s planned JV with Dow Chemical will have an annual production capacity of 8 million tons of petrochemical products from its 35 units. The project is in the engineering and de...
A wide gap in price between seller’s idea and buying intentions has immobilized the US acrylonitrile (ACN) export spot market. Persistent increases in feedstock propylene prices have resu...
Industries Qatar (IQ)’s planned 600,000 tpa LDPE plant is estimated to cost QR700 mln more than the original QR1.6 bln estimated in 2008. This translates into a 44% hike in costs to QR2.3...
With effect from September 1, 2009, LyondellBasell has raised prices of its polyethylene and polypropylene grades in Europe. To keep up with rising feedstock prices, the price for PE was ...
September PP prices were expected to rise by about 12 cents/lb (US$265/ton), in line with Wednesday's settlement of the polymer-grade propylene (PGP) contract as per ICIS. High prices in ...
Roquette has been rewarded with the 2009 Pierre Potier prize for its POLYSORB® ID 37, a high-performance plasticizer produced from natural products, and it continue sto work further in th...
Initial US propylene contracts for September were settled at an increase of 12 cents/lb (US$265/ton), propped up by tight supply, steady demand and a jump in refinery-grade propylene (RGP...
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