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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
Taiwan’s state-run CPC Corp, plans to restart its 230,000 ton No. 3 naphtha-processing plant in Kaohsiung that was shut due to a mechanical fault. Supply from its other two crackers has ...
Grupo Seda’s Artenius UK subsidiary has gone into administration and will stop producing terephthalic acid (PTA) at its 580,000 tpa Wilton site and lay off approximately 50% of the workfo...
China’s textile and garment industry exports in June totaled to US$14 bln, rising 13% from export levels of May, but 10% below a year ago levels. Confidence has increased that textile and...
Diminishing imports from Europe have propped up premiums in Asia for naphtha exports from India. Hindustan Petroleum Corp Ltd (HPCL) has sold 25,000-30,000 tons for Sept. 1-3 loading to V...
Naphtha prices in Europe have sprung to ten month highs of US$645/ton on August 13. Naphtha makers in the continent have ramped up production rates. Naphtha for delivery into northwest E...
Sabic’s 400,000 tpa LDPE plant, the world’s largest, at Wilton, Teesside is scheduled to start production in September. Full capacity is expected to be reached during 2010. The delayed LD...
Safe, Value-enhanced products are beneficial for companies in the long-term, thereby driving growth in the European plastic packaging additives market as per a report by Frost & Sullivan....
A subsidiary of Chicago Bridge & Iron NV has been awarded a US$40 mln contract to supply eight heaters to CTCI Corp’s ethylene plant in Taiwan. The Lummus Technology subsidiary has won th...
The existing tight propylene supply scenario in Europe has got compounded with another shutdown in the region. The latest FM declaration further reduces the already tight European supply ...
In a move that will help the company fund scaling of technology, Novomer has raised US$14 mln in a second round of venture funding. Novomer is one of a very few companies in the race to c...
Mitsubishi Chemical Corp. plans to restart its No.2 naphtha cracker in east Japan after a scheduled maintenance has been completed. The 476,000 tpa cracker at Kashima was initially planne...
A tanker carrying approximately 58,000 tons of naphtha from the United Arab Emirates to South Korea, has collided with a British registered bulk carrier ship in the Strait of Malacca. Nin...
CRUDE OIL Oil prices have dropped below US$67/barrel in the week of August 17, 2009, on falling equity markets in USA as investors get caut...
Borealis, a leading provider of innovative, value creating plastics solutions, has completed the plastics industry’s first assessment of the Water Footprint of plastics materials. The fin...
Flooding caused by Typhoon Morakot in parts of Taiwan has rendered production cuts at several downstream plants across the country, including CPC Corp.’s naphtha cracker. Ethylene produci...
EQUATE Petrochemical Company officially announced the beginning of commercial operations of The Kuwait Styrene Company’s (TKSC) new Ethyl Benzene & Styrene Monomer (EBSM) production plant...
A new polypropylene resin called Clyrell RC5056 suitable has been developed by PolyMirae for applications in food containers because of its resistance to high temperatures as well as its ...
India's Bharat Petroleum Corp. Ltd. (BPCL) has realized lower than last month premiums on a low-aromatic naphtha grade cargo for late August-early September lifting. At a time when Indian...
Oil prices have dipped below US$67/barrel as equity markets dipped in USA as investors have got wary of the speed of global economic recovery and possible renewal in energy demand. Additi...
A special injection molding technology that allows to produce surgical instrument connector plugs in high-temperature polyetheretherketone (PEEK) material by using an only 2.8g shot weigh...
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