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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
The construction industry in some sectors of the Gulf has taken a hit from the current recession, however as projects are refinanced building is resuming and demand is expected to rise ag...
Borouge, a leading provider of innovative, value creating plastics solutions, has partnered with two prestigious Indian educational institutes to provide scholarships to high-performing s...
South Korea’s Korea Petrochemical Ind Co Ltd (KPIC) is looking for a discount of US$3/ton to Japan spot quotes in its term naphtha tender for 2009-10. The South Korean major is looking to...
Crude oil for September delivery dipped to US$$66.5 on the NYMEX , down 2.2% last week, heading for its first weekly decline since July 10. Crude oil has fallen on concerns of slow recove...
Braskem and Acinplas have inked an agreement for a partnership to supply green polyethylene from a 100% renewable source for manufacturing plastic films. The material has the properties a...
Kuwait Petroleum Corp (KPC) has sold 100,000 tons of naphtha full-range grade to Vitol at a premium of US$9/ton to Middle East quotes on a free-on-board (FOB) basis, and to Itochu at US$1...
Europe’s third-largest oil producer Total SA has reported a drop in its output to 9 year lows - 7.3% in Q2 to 2.18 mln bpd; despite gains from new projects in Nigeria and the Gulf of Mexi...
China Petrochemical has inked an agreement to invest over 10 billion yuan to build a petrochemical base at Lianyungang Port, Jiangsu Province. As part of its first phase, the company will...
After a gap of almost ten months, naphtha prices in Europe have touched US$600/ton because of supply concerns caused by major refinery outages. Europes’s second largest refinery of BP ...
Anti-dumping duty has been levied provisionally in India on polypropylene imports from Oman, Saudi Arabia and Singapore. India’s Finance Ministry has taken this action about 6 weeks after...
CRUDE OIL An improvement in company performances beyond market expectations has set a positive note in oil price trends. Crude oil prices ros...
The Dow Chemical Co. has reported a loss in the second-quarter, mainly due to loss in earnings to the charges incurred by the buyout of rival Rohm & Haas and poor sales for chemicals. N...
In a bid to increase Dow's financial flexibility, improve its cash flow, and pay down its bridge loan, Dow haas planned to divest in OPTIMAL. Dow’s Union Carbide Corporation subsidiary is...
The Mumbai Chapter of The Indian Plastics Institute is to organize a Lecture Meeting on Friday the 31st July 2009 from 3.30 pm onwards. The topics will include: “Energy Efficiency Allroun...
A completely new layer multiplier enables producers of cast film and sheet to obtain the substantial property enhancements of microlayer structures yet is easier to deploy, more compact, ...
As domestic demand continues to dwindle, Indian Oil Corp (IOC) has sold 30,000 tons of naphtha for August lifting from Chennai. This is the state run PSU’s fourth spot export from Chennai...
Hindustan Petroleum Corp. Ltd. is likely to export 1 million tons of naphtha but no fuel oil in the current fiscal year. Last year’s exports were 200,000 tons of fuel oil and 800,000 tons...
Indian Oil Corp’s net profit for the quarter ended June 30 spiked by 780% to Rs.3,680 crore (US$763 mln) for the quarter compared to Rs.410 crore in the same period last year, on lessened...
Biopolymers are breaking the mold of environmentally unfriendly plastic materials and fueling future growth, according to Lux Research. A new generation of biologically derived materials ...
Self-healing wire technology has been developed as part of an FAA initiative to combat the problems associated with ageing aircraft. As part of a suite of research projects at the Univers...
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