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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
Following are the highlights of the new Foreign Trade Policy that was unveiled by Commerce Minister this week: -Duty entitlement passbook scheme extended till December 2010 -Extension ...
The Industry Ministry in Indonesia has proposed a waiver in import duties or 2010 about 26% higher than the Rp 1.336 trillion allocated in the 2009 state budget. This added waiver amounts...
September ethylene contracts in Europe rose by €80/ton as per ICIS - as deals were assented to at €875/ton. The rise can be attributed to rise in naphtha costs, a large number of cracker ...
Vestel White Goods has chosen SABIC Innovative Plastics’ flame-retardant (FR) Noryl* NH6020 resin – which complies with the new, tougher requirements of the International Electrotechnical...
Mangalore Refinery and Petrochemicals Limited (MRPL), a wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC) has proposed to invest approximately US$370 in a 440,000 ...
State-owned Algerian energy producer Sonatrach has signed a slew of big-budget contracts for the development of upstream infrastructure which should bolster future growth of...
The Energy Department in USA reported that crude stockpiles rose by 200,000 barrels for the week ended Aug. 21. As the fresh report showing a rise in crude supplies in USA hit the markets...
Ethylene spot prices have maintained a spot sales average of 24¢ in August, the fourth straight month at that price as per purchasing.com. There may be a slight pickup to 26¢ in early Sep...
The Malaysian Plastic Manufacturers Association (MPMA) expects a 5% increase in the price of linear low-density polyethylene (LLDPE) next month. As the processors were expected to absorb ...
A new 135-ton hybrid injection blow molding (IBM) machine, which offers up to 35% energy saving compared with conventional hydraulically powered machines has been introduced by Jomar Corp...
Trading activity has come to a virtual standstill in NE Asia on weak ethylene demand from China as talks with traders had lapsed due to a wide buy-sell gap. Cargoes intended for this regi...
Unenthusiastic spot demand for open-spec naphtha and a possible supply increase has pulled down naphtha prices in Asia. Prices slackened to a week's low, while cracks fell to their lowest...
The prospect of complete integration into a single market and production base under the ASEAN Economic Community (AEC) seems doubtful by 2015. Petrochemicals are among 12 sectors to be li...
A multi stakeholder Plastic Packaging Waste Management Workshop was organized by Indian Plastics Institute (IPI) at Bangalore with the support of Indian Centre for Plastics in the Environ...
CRUDE OIL Crude oil prices spiked to hover around US$74 per barrel in the week of August 24, 2009 amid growing optimism about a global econom...
Oil prices that have been rising over the past week, have paused. Driven by a report showing rising US consumer confidence, oil prices in New York stroked US$75 for the first time in 10 ...
Leading Thai industrial conglomerate - Siam Cement PCL plans to move forward its plans to build a petrochemical complex in Vietnam. Vietnamese state oil group Petrovietnam and Siam Cement...
As the increasing popularity of alternative fuels has weakened projections of its refinery, Thailand’s IRPC Plc has decided to focus solely on the petrochemical business. The refinery per...
PetroChina Dushanzi Petrochemical Company has started up two units- one for polypropylene and the other for polypropylene in Xinjiang China with INEOS Technologies licenses. The 550,000 t...
As fuel demand got trimmed by the global economic downturn, profits have dipped at Formosa Petrochemical Corp. Formosa has posted a 35% drop in Q2-09 profits petroleum consumption in the...
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