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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
Brazil’s Petroleo Brasileiro SA (Petrobras) could see a rise in cost estimates for the construction of the Comperj petrochemical refinery project from the previous US$8.5 bln. The costs a...
Saudi Arabia’s May non-oil exports dropped 23% to 8.02 bln Saudi riyals (US$2.14 bln) yoy, due to reduced trade in petrochemicals triggered by the global economic downturn. Imports in the...
Braskem SA plans to delay petrochemical projects with Venezuela's state-run Pequiven in line with forecasts of increased demand for petrochemicals after a few years. This delay also allow...
Idemitsu is investigating plans to combine a 220,000 bpd refinery in Chiba near Tokyo with Mitsui Chemicals Inc’s 553,000 tpa of ethylene plant. Idemitsu provides feedstock naphtha to Mit...
Ethylene output in Japan for July totalled 554,100 ton as compared with 598,300 tons a year ago, as per the Ministry of Economy, Trade and Industry. Ethylene production for the month of J...
US crude settled at US$71 a barrel, retracing earlier losses; while London Brent crude settled at US$74 a barrel. Oil prices have steadied these levels, cutting back earlier losses as ris...
Borealis has restarted its 620,000 tpa naphtha cracker at Stenungsund, Sweden, shutdown due to technical glitches. The plant was restarted after more than two-weeks and is running at its ...
Saudi Aramco has sold its second spot naphtha exports in two months from Ras Tanura refinery. The 50,000 ton cargo for September lifting follows restart of a 44,000 bpd hydrocracker in la...
Qatar’s Tasweeq has signed a term contract with 4-5 buyers for shipments of a total 120,000-150,000 tons of naphtha a month, equally to 60-75% of output from its new Ras Laffan condensate...
After three and a half years of negotiations and talks, South Korea and Indiahave decided to reduce or eliminate tariffs by signing a comprehensive economic partnership agreement, (CEPA) ...
Saudi Ethylene and Polyethylene Company (SEPC) has successfully started up its world-scale low density polyethylene (LDPE) plant based on the Lupotech T process technology. This LyondellB...
Cochin based Mfar Group, Oman Oil Company, Kochi Refineries Ltd (KRL) and Kerala State Industrial Development Corporation (KSIDC) will jointly set up a new propylene oxide plant. Results ...
Natural polymer demand is expected to grow at 6% pa to US$5 billion in 2012, reaching 2.3 billion pounds, as per a report by Reportlinker. Gains will be stimulated by increased levels of ...
Deteriorating market conditions that have led to unenthusiastic demand has triggered lay off of about 100 workers in Cleveland County. The 150-employee facility is in the Earl community, ...
The Dubai Gold and Commodities Exchange (DGCX) plans to wait for market conditions to improve before it launches its plastics future. The DGCX seeks encouraging feedback from the region's...
As part of a new channel management strategy to position for growth after the current economic downturn, DuPont Engineering Polymers has planned changes to its North American-based distri...
Crude oil prices have risen to levels of US$72/barrel spiking in the week from levels below US$63/barrel on investor optimism regarding recovery in the US economy. Oil prices have risen d...
Indian Oil Corp’s 15 mln tpa refinery at Paradeep is progressing well and will be completed by March 2012. The construction of the 15 mln tpa refinery is expected to start by this Decembe...
A team of researchers in the University of Minnesota's Institute of Technology, have developed a more energy-efficient method of chemical separations that could revolutionize processes in...
Ineos Group Holdings Plc, plans to shutter its Grangemouth cracker for regular maintenance. Shutdown of the KG ethylene cracker has been commenced and is ongoing since last week.
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